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Analyst projects 2015 supercapacitor market at $1.2 billion

Posted: 08 Feb 2011 ?? ?Print Version ?Bookmark and Share

Keywords:supercapacitors? market report? capacitors? EDLC? has added BCC Research's market report on "Supercapacitors: Technology Developments and Global Markets," to its collection of general electronics market reports.

Supercapacitors, or electrical double-layer capacitors (EDLCs) are devices that combine the design and electrical characteristics of capacitors and batteries.

The first electrostatic capacitor was created iin 1745, but it was more than 200 years later when the first supercapacitor was made by scientists at General Electric in 1957.

Commercialization took 21 more years, and it was in 1978 that Nippon Electric Company of Japan launched the first such commercial device.

Since then the market has grown, with several other manufacturers developing supercapacitors. The late 1990s saw a rapid increase ion the number of research activities resulting in patent applications and issued patents. By the end of the 2010, the number of new patents had increased greatly, leading to the development of products with improved electrical properties and lower unit costs.

The global market for supercapacitors in 2010 is estimated at $470 million. Demand for supercapacitors is projected to continue growing at a very healthy rate during the next 5 years, reaching a value of $1.2 billion in 2015, a CAGR of 20.6 percent.

BCC Research also identifies the energy sector as the second-largest segment in 2010, with total revenues of $82 million, equal to 17.5 percent of the total. This sector is projected to increase at a 13.5 percent CAGR to reach $611 million in 2015.

The third sector named in the reprot is transportation, with a 13.5 percent share. This sector is projected to increase at a 34.8 percent compound annual growth rate (CAGR) to reach $282 million in 2015.

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