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PUNE, India, Jan 23, 2022 (GLOBE NEWSWIRE) — Global Lithium Ion Capacitor Market Size is expected to touch $35.6 1 million by 2028, showing CAGR of 5.4% during the forecast period. The market is worth $23.8 million in 2020, reaching $24.7 million in 2021. Growing demand for capacitors in industrial and automotive applications and adoption in power distribution and power generation are likely to stimulate market growth. Fortune Business Insights™ in itsLithium Ion Capacitor Market, 2021-2028. “
Compared to Li-ion batteries, LICs have excellent power density and are safer because capacitors experience thermal runaway reactions. They have higher voltages than Electric Double Layer Capacitors (EDLC), increasing demand in industrial and automotive applications. In addition, LIC has a higher energy density, making it easy to adopt in a variety of end-use applications. Furthermore, the increasing application of capacitors in power distribution and electricity is expected to drive market growth over the next few years.
To request a copy of a sample report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/lithium-ion-capacitor-market-103790
List of key enterprises Lithium-ion Capacitor Market Market:
- LICAP Technologies, Inc. (US)
- Taiyo Yuden (Japan)
- JSR Micro NV (Belgium)
- Electronic Standards Laboratory (US)
- Socomec Group (France)
- VINATech Co., Ltd. (South Korea)
- Murata Manufacturing Co., Ltd. (Japan)
- Game Technology Pvt. Ltd. (India)
- Elecorev Ramway India Private Limited (India)
- Yunasko (Ukraine)
Report Scope and Segmentation
| Report Scope | detail |
| forecast period | 2021-2028 |
| CAGR during forecast period 2021-2028 | 5.4% |
| 2028 Value Forecast | $35.6 million |
| base year | 2020 |
| Market size in 2020 | 23.8 million |
| historical data | 2017 to 2019 |
| number of pages | 180 |
| Market segments covered | By Product, By Application, By Region |
The full story is available on Benzinga.com
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