India Super Capacitor (also known as Ultra Capacitor) market witnessed an increase in demand in the standalone and batteries combination devices. According to 6Wresearch, India Super Capacitor shipments value reached US$1.07 Million in CY Q4 2013. DB LECTRO captured lion share of the market followed by NESSCAP.
According to 6Wresearch, in the Capacitance segment, 1 Farad super capacitors experienced more than 76% market share in CY Q4 2013. Whereas, in the Voltage Rating area, 5.5 Volts captured more than 84% market share.
Table: India Super Capacitor Market, By Application
Source: 6Wresearch Quarterly India Super Capacitor Market, CY 4Q 2013
Note: Others include solar cell, wind operated electricity generator, pulse power, military power supplies, sensors
Super Capacitor is gaining acceptance due to its advantages across Automobiles, Consumer Electronics and Industrial applications. The major demand for Super Capacitors is primarily observed across the developed countries. However, in the developing countries as well, a consistent growth in demand for Super Capacitors has been observed over the past few quarters.
In the energy storage segment, Super Capacitors created a new alternative for the manufacturers making mobile devices ultra-sleek and portable. With this rapid changes in the industry, increasing demand of these devices are expected to boost the growth of Super Capacitors market in India.