SOURCE: MarketResearch.com

MarketResearch.com

January 31, 2011 08:08 ET

Demand for Supercapacitors to Grow 20.6% Annually Through 2015

ROCKVILLE, MD--(Marketwire - January 31, 2011) - MarketResearch.com has announced the addition of BCC Research's new report "Supercapacitors: Technology Developments and Global Markets," to their collection of General Electronics market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6060270

Supercapacitors (also known as electrical double-layer capacitors or EDLCs) are devices with design and electrical characteristics between those of capacitors and batteries.

The origins of supercapacitors can be traced back to the year 1745, when the first electrostatic capacitor was created. The first electrical double layer capacitor, however, was fabricated more than 200 years later, in 1957, by scientists at General Electric. The first commercial product was introduced by Nippon Electric Company of Japan in 1978.

During the following 2 decades several other manufacturers developed supercapacitors and entered the EDLC market. In the late 1990s, the number of research activities resulting in patent applications and issued patents began to increase rapidly. By the end of the first decade of the new millennium the number of new patents had risen by a factor of 3, leading to the development of products with improved electrical properties and lower unit costs.

Today, the global market for supercapacitors is estimated at $470 million (2010). 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 compound annual growth rate (CAGR) of 20.6%.

The energy sector is projected to represent the second-largest segment in 2010, with total revenues of $82 million, equal to 17.5% of the total. This sector is projected to increase at a 13.5% compound annual growth rate (CAGR) to reach $611 million in 2015.

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

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6060270

Contact Information