TechNavio today launched its Global Ultracapacitor Market 2011“2015 report based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Hardware team said, The increasing demand for power supplies is leading to the use of stored power devices. Electric energy storage devices such as ultracapacitors are used to support heavy applications that are required for power supplies with large energy storage capabilities. The demand for such power supplies is increasing across various segments such as Automobile, Industrial Applications, Consumer Electronics, and Energy Storage Applications. From basic home appliances, computers, and entertainment gadgets to heavy electrical applications, there is a demand for power backup with high-energy storage devices.
According to the report, as a result of increasing concern over global warming, there is increasing awareness of electrical storage technologies. Various governments, voluntary organizations, regulatory bodies, and environmentalists are creating awareness of the negative effects of pollution and global warming. These measures have familiarized end-users in developed countries with the use of alternative energy sources that are replacing fossil fuels. Potential end-users in developing countries are also becoming aware of ultracapacitor-based products.
The report also reveals that one of the major, albeit indirect, challenges in this market is the lack of charging stations for ultracapacitors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-ultracapacitor-market-2011-2015
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