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The supercapacitor market is set to record exponential growth by 2027 owing to rising emphasis on renewable energy in power generation across key regions. Additionally, surging demand for electric vehicles around the world is estimated to augment market expansion over the forecast period.<br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3732<br>
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Supercapacitor Market is projected to reach CAGR 15% by 2027
Key Insights from Supercapacitor Market : • The supercapacitor market is set to record exponential growth by 2027 owing to rising emphasis on renewable energy in power generation across key regions. Additionally, surging demand for electric vehicles around the world is estimated to augment market expansion over the forecast period. • A supercapacitor is a capacitor with a greater capacity and lower voltage limits than ordinary capacitors. This allows it to bridge the gap between rechargeable batteries and electrolytic capacitors. Supercapacitors store 10 to 100 times more energy per unit volume or mass than electrolytic capacitors, supply and receive charge faster than batteries, and withstand many more charge and discharge cycles than standard rechargeable batteries. • From the application point of view, the supercapacitor market has been bifurcated into aerospace & defense, consumer electronics & home appliances, industrial, automotive & transportation, energy & utilities, and others. The consumer electronics & home appliances sub-segment is anticipated to attain a significant valuation by 2027, expanding at a CAGR of approximately 12% through the review timeframe.
Regional Insights in Supercapacitor Market : • On the regional front, the Latin America supercapacitor market is poised to gain solid traction by 2027, progressing at a CAGR of above 8.5% over the assessment period. Rising government initiatives to accelerate the growth of the industrial manufacturing and processing sectors in the LATAM region are likely to foster market development over 2021-2027.
Latest Research Report On Supercapacitor Market @ https://www.gminsights.com/industry-analysis/supercapacitor-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3732
Major Companies in Supercapacitor Market : • KYOCERA AVX Components Corporation • Eaton • Evans Capacitor • Loxus Inc.
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