Supercapacitors Market Trends

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The Asia Pacific market is predicted to grow at the highest CAGR over the forecast period owing to the rapid infrastructure and industrialization development are driving the growth of automotive and consumer electronics industries in Japan, China and India, thereby leading to an increased demand for supercapacitors. The market in North America is the second largest market in terms of revenue and is also estimated to grow with a significant growth rate over the forecast period owing to demand for supercapacitors in mid-sized and large automotive industries. In the year 2018, the total number of vehicles manufactured is more than 95 million. India, China, and Japan alone constituted 42,713,279, which constituted 44.66% of global production.

The global supercapacitors market is further classified on the basis of region as follows:

• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
• Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis