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Allied Market Research

Hybrid Capacitor Market By Architecture (Hybrid capacitor module, and Board mounted hybrid capacitor), Application (Off-grid lighting, Memory Back-up, Solar Charge applications, and Others), Industry Vertical (Automotive and Transportation, Power Generation and Distribution, Consumer Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09791
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Jun 2021 | 300 Views
 
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Hybrid Capacitor Market Outlook - 2027

The global hybrid capacitor market size is experiencing significant growth and will grow considerably in the next few years. Hybrid capacitors are a combination of a capacitors and a conventional lithium-ion battery. Hybrid capacitor uses electrodes with unlike features. One electrode displays electrostatic capacitance, whereas the additional has electrochemical capacitance. Due to its high-power density and high energy density, a hybrid capacitor is fit for both applications, which require pulse power and high energy storage like navy radar planes. In addition, hybrid capacitor is proficient of working in extreme temperatures, extending from -55°C to +200°C. Moreover, hybrid capacitors have an excellent frequency response of 5kHz and are compact in size with respect to aluminum electrolytic capacitors. Hence, owing
to profit associated with hybrid capacitors, it is highly accepted across several application segments particularly in defense & military, energy generation, and automotive sector.

The global Hybrid capacitor Market is segmented on the basis of Application, Industry Vertical, and Region. Based on Architecture, the Hybrid capacitor Market is divided into Hybrid capacitor module, and Board mounted hybrid capacitor, and others. On the basis of Application, the market is categorized into Off-grid lighting, Memory Back-up, Solar Charge applications, On the basis of Industry Vertical into Automotive and Transportation, Power Generation and Distribution, Consumer Electronics, and Others. and Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global hybrid capacitor market include Maxwell Technologies Inc., Ioxus, Inc., Nesscap CO. LTD., YUNASKO, Panasonic Corporation, CAP-XX, Supreme Power Solutions Co., Ltd., Nippon Chemi-Con Corporation, NEC-Tokin, LS Mtron. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market. 

COVID-19 scenario Analysis: 

  • Major hybrid capacitormanufacturer countries such as the U.S., China, and Japan are impacted by COVID-19. The impact of COVID-19 on hybrid capacitor industry is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand are gradually going to increase.
  • The COVID-19 crisis is making uncertainty in the market, immense slowing of the supply chain, falling business confidence, and increasing panic among customers.
  • Companies are taking initiatives to introduce a new type of production line where they follow social distancing. 

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The current trend in the hybrid capacitor market share can be seen by increase in  applications of hybrid capacitors in the renewable energy segment, which has significantly increased in recent times, owing to their long functional life. In addition, in the wind energy sector, hybrid capacitors manage emergency power needed and control the pitch. Hybrid capacitors along with integration of batteries boosts power density of a complete system in the solar energy storage system. Use of hybrid capacitor banks also enhances photovoltaic system to avoid over battery storage, therefore, growing demand for hybrid capacitors. Energy lost during braking in elevators is stored in the hybrid capacitor and that energy is provided to power grid of that location. Moreover, decrease in price and longer life cycle as compared to batteries of hybrid capacitors is likely to boost the global hybrid capacitors market growth. Furthermore, strict government regulatory guidelines across the globe for environment safety and pollution control is expected to boost the hybrid capacitor market opportunities globally.

Surge in use in automotive and industrial applications 

Surge in demand for hybrid capacitors from automotive and renewable energy generation and distribution sector are key factors anticipated to boost the demand for hybrid capacitor. Use of hybrid capacitors in long-haul trucks, buses, fleet vehicles, metros, and trains can decrease fuel consumption and eradicate carbon emissions in these vehicles. Adoption of hybrid capacitors in various automotive applications such as auto start-stop, power assist, door-lock systems, regenerative braking, catalyst preheating, and stabilization of electrical system is expected to raise demand for hybrid capacitor globally. In addition, the wind and electric grid sector holds a huge demand potential in the future. Hybrid capacitors can be used in the wind industry for short bursts of heavy force exertion essential to change blade pitch. Moreover, use in electric grids to run nearer to its full capacity, which has been earlier using only 90 % of their capacity also boosts the hybrid capacitor market growth.

Key segments covered:

Segments

Subsegments

  Architecture

  • Hybrid capacitor module
  • Board mounted hybrid capacitor.

  Application

  • Off-grid lighting
  • Memory Back-up
  • Solar Charge applications
  • Others

  Industry Vertical

  • Automotive and Transportation
  • Power Generation and Distribution
  • Consumer Electronics
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global hybrid capacitor industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed global industry analysis.
  • The hybrid capacitor market trends are quantitatively analyzed from 2020 to 2027 to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global hybrid capacitor market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, Industry Vertical, and Region

  Regions covered

North America (US, Canada, and Mexico), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia and the Rest of Asia Pacific), and LAMEA (Latin America, Middle East and Africa)

  Companies covered

Major players analyzed include Maxwell Technologies Inc., Ioxus, Inc., Nesscap CO. LTD., YUNASKO, Panasonic Corporation, CAP-XX, Supreme Power Solutions Co., Ltd., Nippon Chemi-Con Corporation, NEC-Tokin, LS Mtron.

 

Questions answered in the Hybrid Capacitor Market research report:

  • Who are the leading market players active in the hybrid capacitor market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the hybrid capacitor market forecast?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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