India Supercapacitors Market to be dominated by Pseudo Capacitors Segment through 2028
Increasing
Demand for Electric Vehicles and rise in sales of electronic products are the
major factors propelling the India Supercapacitors Market growth during the
forecast period of 2024-2028.
According to TechSci Research report, “India Supercapacitors Market - By Region,
Competition Forecast & Opportunities, 2018-2028”, The India Supercapacitors Market is expected to register robust growth during the
forecast period, 2023-2028.
A supercapacitor is a specially designed capacitor
with a large capacitance. A supercapacitor combines the properties of a
capacitor and a battery into one device. A supercapacitor is an electronic
device designed to store large amounts of electric charge. They are known as
double layer capacitors or ultracapacitors. Instead of traditional dielectrics,
supercapacitors store electrical energy using two mechanisms i.e., Double Layer
Capacitance and Pseudo Capacitance. Double-layer capacitance is capacitive in
nature, whereas pseudo capacitance is electrochemical in nature. Also,
supercapacitors combine the behavior of a normal capacitor with that of a
normal battery. The charge and discharge times of supercapacitors are
comparable to regular capacitors. High charge/discharge current can be achieved
due to low internal resistance. It usually takes several hours for the battery
to fully charge. A cell phone battery is a good example, but a supercapacitor
can reach the same charge level in less than two minutes.
A
supercapacitor electrostatically stores a charge on its large surface area
plates. The device does not store much energy but can be charged or discharged
in seconds. Therefore, supercapacitors are used to supply short bursts of
current. Shorting a fully charged supercapacitor can quickly release its stored
energy, causing an arc that can damage your device, but unlike a battery, the
heat it generates is not a problem.
Browse over XX market data Figures spread
through 70 Pages and an in-depth TOC on the "India Supercapacitors Market"
The India Supercapacitors
Market is segmented into end user, type, capacitance, and region. Based on type,
the market is bifurcated into double-layer capacitor, pseudo capacitors, and
hybrid capacitors. During the forecast period, Pseudo capacitors segment is
expected to dominate the India Supercapacitors Market. Pseudo capacitors
are known as Faradaic supercapacitors. There are two types of these capacitors:
metal oxides and conductive polymers. These capacitors have high power density.
They have a long lifespan. It charges and discharges faster when compared to
Li-ion batteries. The material of the pseudo capacitor material increases the
energy density and allows energy density to be stored within the bulk of the
electrode material and on their surfaces. Pseudo capacitors store electrical
energy through the Faraday reaction. It is part of an electrochemical capacitor
that uses an electric double layer capacitor to form a supercapacitor. They are
used in consumer electronics, portable, or flexible electronics. Also used for
regenerative braking in automotive applications, Pseudo capacitors are also
used in kinetic energy (C.E) recovery systems such as cranes, elevators, and
wind turbines.
Based
on end user, the market is bifurcated into consumer electronics, energy, industrial, automotive,
and others. During the forecast
period, automotive industry is expected to dominate the
India Supercapacitors Market. Electric vehicles have been a major reason for
this contribution as India is set heavily invest in EVs. Indian Government has
lunched many schemes for faster promotion and adoption of EVs such as faster
adoption & manufacturing of (Hybrid &) electric vehicles (FAME-II)
which is worth USD 1.3 billion. These EVS are available in two-wheelers,
three-wheelers, passenger vehicles, and buses where supercapacitors are used. Therefore,
faster adoption of EVs into the Indian market is expected to dominate the India
Supercapacitors Market during the forecast period.
Key market players in the India Supercapacitors Market: -
- AVX
Corporation
- Eaton Corporation Plc
- Elna Co. Ltd.
- LS Mtron Ltd.
- Maxwell Technologies Inc.
- Murata Manufacturing Co., Ltd.
- Nippon Chemi-Con Corporation
- Godi India Pvt Ltd.
- Yunasko Ltd.
- Cap-XX Ltd.
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"India Supercapacitors
Market is expected to grow due to rise in automobile & electronics industry.
With various schemes in EVs launched by the Indian government to promote the
vehicles, the ever-growing electronic industry where supercapacitors are widely
used such as PCs, Laptop and other
products heavily contribute to the growth of India Supercapacitors Market.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“India Supercapacitors Market By End User
(Consumer Electronics, Energy, Industrial, Automotive and Others), By Type (Double-Layer
Capacitor, Pseudo capacitors, and Hybrid Capacitors), By Capacitance (Less Than
1F, 1F to 100F, & More than 100F), By Region, Competition Forecast &
Opportunities, 2018-2028” has evaluated the
future growth potential of India Supercapacitors Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities India Supercapacitors Market.
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