Which Supercapacitor Applications will Dominate?
– Report Consumer electronics and large energy storage applications will power significant growth through 2014 for supercapacitors, says Lux Research. While Li-ion batteries temporarily dampened enthusiasm for capacitor-based storage, demand for power-hungry applications has sparked a resurgence of interest in supercapacitors. The overall market is expected to expand from $208 million last year, to an $877 million market in 2014, according to a new report from Lux Research. Signifying a CAGR of 27%, that spells opportunities for both current and future players in the supercapacitor market, and for investors as well. But the Lux report, entitled “Bridging the Gap with Supercapacitors: a Tale of Two Markets,” reveals a few caveats on how best to approach those opportunities. “Our analysis revealed something that has largely been ignored so far,” said Jacob Grose, a Lux analyst and lead author of the report. “Namely, that the supercapacitor market is divided between two sub-segments: larg
