The Global Lithium-Ion Capacitor Market Size Was Valued At USD 23.8 Million In 2020. The Market Is Expected To Grow From USD 24.7 Million In 2022 To USD 35.6 Million In 2030, At A CAGR Of 5.4% During 2023-2028.

Lithium-ion Capacitor Market Overview:

Lithium-ion capacitors are a type of rechargeable battery. It uses the same chemistry as other batteries, but it stores energy more efficiently because its electrodes are a porous carbon material that enables ions to travel through the pores rather than having to travel through some kind of electrolyte liquid. This means that no external voltage source is required for current to flow between them - they can be charged by simply applying pressure (current). The average time it takes for the device to reach a full charge depends on the strength of the force applied and the duration or amount of compression provided during charging.

Lithium-ion Capacitor Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Lithium-ion Capacitor Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• June 2020 - Kawasaki Heavy Industries, Ltd. has placed an order for Blue Marlin, a high-density lithium-ion capacitor energy storage system from Corvus Energy. Blue Marlin utilizes LIC technology with very high charge and discharge rates of 220C continuous and 550C peak, making it efficient for high power load handling applications.
• May 2021 - VINATech Co., Ltd. has launched a new series of 3.8V Li-ion capacitors. These capacitors offer high operating voltage, low self-discharge, high capacitance, and wide operating temperature range.

Major Segments Covered in the Global Lithium-ion Capacitor Market:

Market Key Players:
JM Energy Corporation, EAS Spa, Yunasko, JSR Micro, Socomec, EVE Battery, ., And Others.

Lithium-ion Capacitor Market by Types:

• Radial Type, Laminating Type

Lithium-ion Capacitor Market by Applications:

• Energy Generation & Storage, Transportation, UPS, Industrial Machines

Lithium-ion Capacitor Market by Regions:

The report estimates revenue growth at the worldwide, regional and country level and delivers analysis of the recent industry trends in each sub-segment from 2017 to 2030.

Asia Pacific accounted for the largest regional market share in 2020, owing to increasing industrialization and growing demand for electricity from end-use sectors such as automobiles, information technology, and textiles. Government initiatives in China, India, Bangladesh and other developing countries in the region are expected to increase the electrification rate by expanding distribution infrastructure, which is expected to increase the demand for LICs, especially in power grid infrastructure.

North America emerged as the second largest regional market in 2020 due to widespread adoption of these capacitors in energy storage and uninterruptible power supply applications. The European market is relatively more mature compared to South America. Technological innovation and the presence of major industry players have increased the penetration of the product in Europe. In addition, increasing commercial space in the Middle East and growing construction industry in Africa are expected to boost the demand for energy storage and UPS applications.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

DRIVING FACTORS

Lithium-ion capacitors are used in consumer electronics such as laptops, cell phones, wearable devices, thermal printers, LED flashlights, RFID tags, barcode scanners, and GPS chips. These capacitors are also used to store energy collected from lighting, vibration, heat, and radio frequency sources. Advancements in technology and implementation of the Internet of Things (IoT) are expected to drive the demand for lithium ion capacitors over the forecast period.

LICs offer faster charge and discharge cycles compared to lithium-ion batteries currently used in electric vehicles. The power density of these capacitors is low compared to other alternatives currently available for energy storage applications. However, technological advancements and cost reductions will lead to the adoption of these capacitors in electric and hybrid vehicles.

RESTRAINING FACTORS

It has good availability of raw materials on the market, various connections and ease of construction, and a highly mechanized manufacturing process. However, the limited energy storage due to the low energy capacity of the product may hinder the lithium ion capacitor market growth. If not properly installed, these capacitors will not achieve the correct capacity and will create internal gas pressure which will result in an explosion. These drawbacks may reduce the size of the market.

Report Scope of Global Lithium-ion Capacitor Market:

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
• The growth factors of the Market are discussed in detail wherein the different end users of the Market are explained in detail.
• Data and information by Market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the Market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Frequently Asked Questions-

What is the CAGR of Lithium-ion Capacitor Market?

The Lithium-ion Capacitor Market is growing at a CAGR of 5.4% During Forecast Period.

 What are the key types of Lithium-ion Capacitor Market?

Radial Type, Laminating Type

What are the key applications of Lithium-ion Capacitor Market?

Energy Generation & Storage, Transportation, UPS, Industrial Machines   

Who are the key players in Lithium-ion Capacitor Market?

JM Energy Corporation, EAS Spa, Yunasko, JSR Micro, Socomec, EVE Battery, ., And others.

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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.