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Global LIC Capacitors Market Growth (Status and Outlook) 2024-2030
Product Code:1239986
Published Date: Nov 19,2024
Pages: 118
Region: Global
Category: Service & Software
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The global LIC Capacitors market size is projected to grow from US$ 51.6 million in 2024 to US$ 93.5 million in 2030; it is expected to grow at a CAGR of 10.4% from 2024 to 2030.
A lithium ion capacitor (LIC) is a capacitor that uses a carbon-based material capable of absorbing lithium ions as the negative electrode material, and improves energy density by adding lithium ions to it, while using the principles of a general electric double layer capacitor. The principle of charging and discharging differs between the positive electrode and the negative electrode, and the structure combines the negative electrode of a lithium-ion battery and the positive electrode of an electric double layer. A type of asymmetric capacitor with a different positive and negative electrode principle, which combines the positive electrode of an electric double-layer capacitor and the negative electrode of a lithium-ion battery. While the positive electrode operates by the principal of physical, Electrical Double Layer, the negative electrode charges and discharges by the redox reaction of lithium. The high energy density compared to conventional capacitors is largely due to the fact that the pseudo electrostatic capacitance of the negative electrode is increased by pre-doping.
Market growth and demand
Application areas continue to expand: lithium-ion capacitors have a wide range of applications in electric vehicles, smart homes, aerospace and other fields. With the rapid growth of the electric vehicle market and the popularity of renewable energy, the demand for lithium-ion capacitors will continue to rise. At the same time, in the smart grid, energy storage systems and other fields, the characteristics of high energy density and long life of lithium-ion capacitors will also make them better applied.
Technological progress and innovation
Energy density and cycle life improvement: In recent years, lithium-ion capacitors have made significant progress in terms of energy density and cycle life. For example, the new patent launched by Zhongtian Energy Storage Technology Co., Ltd. realizes the goal of higher energy density and longer cycle life of lithium-ion capacitors by optimizing the electrolyte composition. This will further promote the application of lithium-ion capacitors in fields such as electric vehicles and energy storage systems.
Materials and technology innovation: With the continuous development of materials science and nanotechnology, the performance of key components such as electrode materials, electrolytes and diaphragms of lithium-ion capacitors will be further improved. This will help reduce production costs, improve production efficiency and product quality, thereby driving the rapid development of the lithium-ion capacitor market.
Policy support and industrial environment
Favorable policies: Governments continue to increase their support for new energy and energy storage technologies, and have introduced a series of preferential policies and subsidy measures. This will provide a good policy environment for the development of the lithium-ion capacitor industry.
Industrial cluster effect: The Pearl River Delta, Yangtze River Delta, Beijing and Tianjin lithium-ion capacitor industry cluster has initially formed, and these regions have complete industrial chains, strong technical strength, and huge market potential. With the play of industrial cluster effect, the lithium-ion capacitor industry will achieve more rapid development.
Challenges and opportunities
Technical challenges: Although lithium-ion capacitors have made significant progress in terms of energy density and cycle life, there are still some technical challenges to overcome. For example, how to improve the specific capacity and stability of electrode materials, how to reduce production costs and so on.
Market competition: With the continuous development of the lithium-ion capacitor market, competition is becoming increasingly fierce. Enterprises need to continuously improve their competitiveness in technological innovation, product quality, cost control and other aspects to cope with market changes.
Development opportunities: With the improvement of global environmental awareness and the increase of clean energy applications, lithium-ion capacitors, as one of the most efficient and environmentally friendly energy storage technologies, will usher in greater development opportunities. At the same time, with the rapid growth of the electric vehicle market and the popularity of renewable energy, the market demand for lithium-ion capacitors will continue to rise.
LPI (LP Information)' newest research report, the “LIC Capacitors Industry Forecast” looks at past sales and reviews total world LIC Capacitors sales in 2023, providing a comprehensive analysis by region and market sector of projected LIC Capacitors sales for 2024 through 2030. With LIC Capacitors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LIC Capacitors industry.
This Insight Report provides a comprehensive analysis of the global LIC Capacitors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on LIC Capacitors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LIC Capacitors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LIC Capacitors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LIC Capacitors.
This report presents a comprehensive overview, market shares, and growth opportunities of LIC Capacitors market by product type, application, key players and key regions and countries.
Segmentation by Type:
Radial Type
Laminating Type
Segmentation by Application:
Energy Generation & Storage
Transportation
UPS
Industrial Machines
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Radial Type
Laminating Type
Segmentation by Application:
Energy Generation & Storage
Transportation
UPS
Industrial Machines
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Musashi（JM Energy）
VINATech
Knowles（CDE）
Licap Technologies
Tecate Group
Jianghai
SHANGHAI YONGMING ELECTRONICS
Guangdong Fenghua Advanced Technology
Taiwan Zhifengwei Technology
DONG GUAN KNSCHA ELECTRONICS
Taiyo Yuden