Be the first to like this
Transparency Market Research published new market report"Ultracapacitors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019".Ultracapacitors also known as supercapacitors or Electrical double-layer capacitors (EDLC) is expected to see a robust growth in next six years. This is due to its increasing demand across various application sectors such as automotive, wind, electronics, industrial and military. Currently, driven by its several applications in the automotive sector in HEVs and trains, this market is expected to emerge as a supplement and replacement to conventional batteries. The application of ultracapacitors alongside batteries is expected to increase, and ultracapacitors are also expected to emerge as a replacement for batteries in the coming years. Batteries and ultracapacitors can be differentiated primarily on the basis of their functionality. Ultracapacitors are power devices whereas batteries are energy devices.
The global ultracapacitors market was worth USD 672.0 million in 2012 and is expected to reach USD 3,120.0 million in 2019, growing at a CAGR of 25.2% from 2013 to 2019.
Browse the report With Full TOC at http://www.transparencymarketresearch.com/capacitors-market.html