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Home>Top 7 Vendors in the Electric Double-layer Capacitor Market From 2017 to 2021 | Technavio

Top 7 Vendors in the Electric Double-layer Capacitor Market From 2017 to 2021 | Technavio

Top 7 Vendors in the Electric Double-layer Capacitor Market From 2017 to 2021 | Technavio

10/05/2017

Top 7 Vendors in the Electric Double-layer Capacitor Market From 2017 to 2021 | Technavio

Technavio has announced the top seven leading vendors in their recent global electric double-layer capacitor (EDLC) market report. This research report also lists nine other prominent vendors that are expected to impact the market during the forecast period.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171004006179/en/

Technavio has published a new report on the global electric double-layer capacitor market from 2017- ...

Technavio has published a new report on the global electric double-layer capacitor market from 2017-2021. (Graphic: Business Wire)

EDLCs have the energy storage properties of batteries and the power discharge characteristics of capacitors. The main reason for the rapid growth of the global EDLC market is the growing demand for compact and energy-efficient storage devices across the end-user segments. Electric vehicles, consumer electronics, power utilities, and transportation are some of the end-user segments of the market.

Competitive vendor landscape

The global EDLC market is fragmented with the presence of numerous vendors. The market is still in its nascent stage. The adoption of this technology is restricted to developed regions such as Western Europe and North America and a few countries of Asia like Japan, South Korea, and China. Vendors have started offering devices that use nontoxic electrolytes. This makes these devices nonflammable.

“Most vendors in the global EDLC market are well established in the batteries and energy storage devices industries. To capitalize this emerging technology, companies are investing heavily in their R&D. Especially, companies like Maxwell Technologies, Nippon Chemi-Con, Skeleton Technologies, and Panasonic have strong footholds in the market. Recently, Maxwell Technologies has doubled its production to address the increasing demand for its EDLCs in various segments of the market,” says Sunil Kumar Singh, a lead embedded systems research analyst from Technavio.

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