Global Supercapacitor Market – Industry Analysis and Forecast (2020-2027)

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Global Supercapacitor Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of 21.7 % during forecast period.  

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Global supercapacitors market is driven by factors like increasing applications of regenerative braking systems used in elevator and hybrid electric vehicles (HEVs), growing demand for supercapacitors in energy harvesting applications, and use of supercapacitor in trains & aircrafts. On the other hand, lack of awareness regarding the usage of supercapacitors and lower price of alternatives like conventional batteries are limiting the growth of market. Various R&D programs are executed to expand the manufacturing technology

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