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Supercapacitors: Technology Developments and Global Markets

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    Report

  • 194 Pages
  • May 2023
  • Region: Global
  • BCC Research
  • ID: 5794162
Description Jump to:

In this report, the market has been segmented based on type, electrode material, end-user, and geography. The report provides an overview of the global supercapacitor market and analyses market trends. Using 2021 as the base year, the report provides estimated market data for 2022-2027. Revenue forecasts for this period are segmented based on type, electrode material, end-user, and geography. Market values have been estimated based on the triangulation method using the parameters such as total revenue of supercapacitor providers, primary interview results, and secondary white paper information.

The report covers the market for supercapacitors with regard to the end-user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for supercapacitors in 2021 and provides projections for the expected market size through 2027. The scope of the study includes supercapacitors type, electrode material, end-user, and geography.

Report Includes

  • 64 tables and 71 additional tables
  • An overview of the global market for supercapacitor technologies and developments, including description of their types and fabrication technologies
  • Estimation of the market size and analyses of global market trends, with data from 2021 to 2022, estimates for 2023 and 2025 with projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the current and future market potential and quantification of supercapacitor technologies market based on product type, application, end-user industry and region
  • Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast
  • Detailed analysis of the regulatory framework and policies and technological changes within the industry
  • Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
  • Comprehensive company profiles of the leading players of the industry, including CAP-XX Ltd, Eaton Corp. PLC, KYOCERA Corp., Panasonic Holdings Corp. and YAGEO Corp.

Table of Contents

Chapter 1 Introduction
  • Overview
  • Study Goals and Objectives
  • Reasons for Doing the Study
  • What's New in this Update?
  • Scope of Report
  • Intended Audiences
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
  • Capacitors
  • Batteries
  • Supercapacitors
  • Structure of Supercapacitors
  • Comparison of Energy Storage Capability
  • Value Chain Analysis
  • Porter's Five Forces Analysis
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of New Entrants
  • Threat of Substitutes
  • Degree of Competition
  • Impact of Covid-19 on the Supercapacitor Market
  • Overview
  • Impact on the Supercapacitor Market
Chapter 4 Market Dynamics
  • Introduction
  • Market Drivers
  • Market Restraints
  • Market Opportunities
Chapter 5 Market Breakdown by Type
  • Overview
  • Double Layer Capacitors
  • Pseudocapacitors
  • Hybrid Capacitors
Chapter 6 Market Breakdown by Electrode Material
  • Overview
  • Carbon
  • Metal Oxide Supercapacitors
  • Conducting Polymers Supercapacitors
  • Composite Supercapacitors
Chapter 7 Market Breakdown by End-user
  • Overview
  • Microgrid
  • Automotive
  • Consumer Electronics
  • Industrial
  • Aerospace
  • Medical
Chapter 8 Market Breakdown by Region
  • Overview
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
  • South America
  • Rest of the World
Chapter 9 Patent Analysis
  • Patent Analysis
  • Recent Key Granted Patents
Chapter 10 Competitive Landscape
  • Top Companies
  • Strategic Analysis
  • Product Launches and Developments
  • Acquisitions and Mergers
  • Expansions and Investments
  • Collaborations and Partnerships
  • Key Market Developments
Chapter 11 Company Profiles
  • Cap-Xx Ltd
  • Cornell Dubilier Electronics Inc.
  • Eaton Corp. plc
  • Elna America Inc.
  • Ioxus
  • Korchip Corp.
  • Kyocera Corp.
  • Ls Corp.
  • Nanoramic Laboratories
  • Nichicon Corp.
  • Nippon Chemi-Con Corp.
  • Panasonic Holdings Corp.
  • Quantic Electronics
  • Samwha Electric Co. Ltd
  • Seiko Group Corp.
  • Skeleton Technologies
  • Spel Technologies Pvt Ltd
  • Tecate Group
  • Ucap Power Inc.
  • Yageo Corp.
List of Tables
Summary Table: Global Market for Supercapacitors, by Region, Through 2027
Table 1: Comparison Between Supercapacitor, Electrolytic Capacitor, and Battery Performance, 2021
Table 2: Porter’s Five Forces Analysis: Overview
Table 3: Electric Vehicle Deployment Targets for Different Countries, 2020-2030
Table 4: Share of Population with Access to Electricity, 2021
Table 5: Global Market for Supercapacitors, by Type, Through 2027
Table 6: Global Market for Double Layer Capacitors, by Region, Through 2027
Table 7: Global Market for Double Layer Capacitors, by Electrode Material, Through 2027
Table 8: Global Market for Double Layer Capacitors, by End User, Through 2027
Table 9: Global Market for Pseudocapacitors, by Region, Through 2027
Table 10: Global Market for Pseudocapacitors, by Electrode Material, Through 2027
Table 11: Global Market for Pseudocapacitors, by End User, Through 2027
Table 12: Global Market for Hybrid Capacitors, by Region, Through 2027
Table 13: Global Market for Hybrid Capacitors, by Electrode Material, Through 2027
Table 14: Global Market for Hybrid Capacitors, by End User, Through 2027
Table 15: Global Market for Supercapacitors, by Electrode Material, Through 2027
Table 16: Global Market for Carbon Supercapacitors, by Region, Through 2027
Table 17: Global Market for Carbon Supercapacitors, by Type, Through 2027
Table 18: Global Market for Metal Oxide Supercapacitors, by Region, Through 2027
Table 19: Global Market for Metal Oxide Supercapacitors, by Type, Through 2027
Table 20: Global Market for Conducting Polymers Supercapacitors, by Region, Through 2027
Table 21: Global Market for Conducting Polymers Supercapacitors, by Type, Through 2027
Table 22: Global Market for Composite Supercapacitors, by Region, Through 2027
Table 23: Global Market for Composite Supercapacitors, by Type, Through 2027
Table 24: End Users and Applications of Supercapacitors, 2021
Table 25: Global Market for Supercapacitors, by End User, Through 2027
Table 26: Parameter of the Microgrid System Components, 2021
Table 27: The Rating Value of Supercapacitor Units in Microgrids, 2021
Table 28: Global Market for Microgrid Supercapacitors, by Region, Through 2027
Table 29: Global Market for Microgrid Supercapacitors, by Type, Through 2027
Table 30: Global Market for Automotive Supercapacitors, by Region, Through 2027
Table 31: Global Market for Automotive Supercapacitors, by Type, Through 2027
Table 32: Supercapacitors Usage in Products of Consumer Electronics, 2021
Table 33: Global Market for Consumer Electronics Supercapacitors, by Region, Through 2027
Table 34: Global Market for Consumer Electronics Supercapacitors, by Type, Through 2027
Table 35: Global Market for Industrial Supercapacitors, by Region, Through 2027
Table 36: Global Market for Industrial Supercapacitors, by Type, Through 2027
Table 37: Global Market for Aerospace Supercapacitors, by Region, Through 2027
Table 38: Global Market for Aerospace Supercapacitors, by Type, Through 2027
Table 39: Global Market for Medical Supercapacitors, by Region, Through 2027
Table 40: Global Market for Medical Supercapacitors, by Type, Through 2027
Table 41: Global Supercapacitors Market, by Region, Through 2027
Table 42: North American Market for Supercapacitors, by Type, Through 2027
Table 43: North American Market for Supercapacitors, by Electrode Material, Through 2027
Table 44: North American Market for Supercapacitors, by End User, Through 2027
Table 45: North American Market for Supercapacitors, by Country, Through 2027
Table 46: European Market for Supercapacitors, by Type, Through 2027
Table 47: European Market for Supercapacitors, by Electrode Material, Through 2027
Table 48: European Market for Supercapacitors, by End User, Through 2027
Table 49: European Market for Supercapacitors, by Country, Through 2027
Table 50: Asia-Pacific Market for Supercapacitors, by Type, Through 2027
Table 51: Asia-Pacific Market for Supercapacitors, by Electrode Material, Through 2027
Table 52: Asia-Pacific Market for Supercapacitors, by End User, Through 2027
Table 53: Asia-Pacific Market for Supercapacitors, by Country, Through 2027
Table 54: South American Market for Supercapacitors, by Type, Through 2027
Table 55: South American Market for Supercapacitors, by Electrode Material, Through 2027
Table 56: South American Market for Supercapacitors, by End User, Through 2027
Table 57: South American Market for Supercapacitors, by Country, Through 2027
Table 58: Rest of the World Market for Supercapacitors, by Type, Through 2027
Table 59: Rest of the World Market for Supercapacitors, by Electrode Material, Through 2027
Table 60: Rest of the World Market for Supercapacitors, by End User, Through 2027
Table 61: Rest of the World Market for Supercapacitors, by Country, Through 2027
Table 62: Supercapacitor Patents Share, by Company, 2021
Table 63: Top 20 players in the Supercapacitor Market and Their Product Offerings, 2021
Table 64: Global Supercapacitor Market, Investments, by Major Players, 2019-2022
Table 65: Global Supercapacitor Market, Product launch, by Major Players, 2019-2023*
Table 66: Global Supercapacitor Market, Mergers and Acquisitions, by Major Players 2019-2022
Table 67: Global Supercapacitor Market, Partnership, by Major Players, 2019-2022
Table 68: Global Supercapacitor Market, Expansions, by Major Players, 2019-2022
Table 69: CAP-XX Ltd: Company Snapshot
Table 70: CAP-XX Ltd: Key Management
Table 71: CAP-XX Ltd: Product Portfolio
Table 72: CAP-XX Ltd: Company Financials, FY 2020-2022
Table 73: CAP-XX Ltd: Recent Developments, 2019-2022
Table 74: Cornell Dubilier Electronics Inc.: Company Snapshot
Table 75: Cornell Dubilier Electronics Inc.: Product Portfolio
Table 76: Cornell Dubilier Electronics Inc.: Recent Developments, 2020 and 2021
Table 77: Eaton Corp. PLC: Company Snapshot
Table 78: Eaton Corp. PLC: Key Management
Table 79: Eaton Corp. PLC: Product Portfolio
Table 80: Eaton Corp. PLC: Company Financials, FY 2019-2021
Table 81: Eaton Corp. PLC: Recent Developments, 2019 and 2020
Table 82: ELNA America Inc.: Product Portfolio
Table 83: IOXUS: Key Management
Table 84: IOXUS: Product Portfolio
Table 85: Korchip Corp.: Product Portfolio
Table 86: KYOCERA Corp.: Company Snapshot
Table 87: KYOCERA Corp.: Key Management
Table 88: KYOCERA Corp.: Product Portfolio
Table 89: KYOCERA Corp.: Company Financials, FY 2019-2021
Table 90: KYOCERA Corp.: Recent Developments, 2020-2023*
Table 91: LS Corp.: Company Snapshot
Table 92: LS Corp.: Key Management
Table 93: LS Corp.: Product Portfolio
Table 94: LS Corp.: Company Financials, FY2019-2021
Table 95: LS Corp.: Recent Developments, 2020 and 2021
Table 96: Nanoramic Laboratories: Company Snapshot
Table 97: Nanoramic Laboratories: Key Management
Table 98: Nanoramic Laboratories: Product Portfolio
Table 99: Nichicon Corp.: Company Snapshot
Table 100: Nichicon Corp.: Key Management
Table 101: Nichicon Corp.: Product Portfolio
Table 102: Nichicon Corp.: Company Financials, FY2019-2021
Table 103: Nippon Chemi-Con Corp.: Company Snapshot
Table 104: Nippon Chemi-Con Corp.: Key Management
Table 105: Nippon Chemi-Con Corp.: Product Portfolio
Table 106: Nippon Chemi-Con Corp.: Company Financials, FY2019-2021
Table 107: Panasonic Holdings Corp.: Company Snapshot
Table 108: Panasonic Holdings Corp.: Key Management
Table 109: Panasonic Holdings Corp.: Product Portfolio
Table 110: Panasonic Holdings Corp.: Company Financials, FY 2019-2021
Table 111: Panasonic Holdings Corp.: Recent Developments, 2019-2022
Table 112: Quantic Electronics: Product Portfolio
Table 113: Quantic Electronics: Recent Developments, 2021 and 2022
Table 114: Samwha Electric Co. Ltd: Product Portfolio
Table 115: Samwha Electric Co. Ltd: Recent Developments, 2019
Table 116: Seiko Group Corp.: Company Snapshot
Table 117: Seiko Group Corp.: Key Management
Table 118: Seiko Group Corp.: Product Portfolio
Table 119: Seiko Group Corp.: Company Financials, FY2019-2021
Table 120: Skeleton Technologies: Company Snapshot
Table 121: Skeleton Technologies: Key Management
Table 122: Skeleton Technologies: Product Portfolio
Table 123: Skeleton Technologies: Recent Developments, 2019-2022
Table 124: SPEL Technologies Pvt Ltd: Product Portfolio
Table 125: Tecate Group: Product Portfolio
Table 126: Tecate Group: Recent Developments, 2021
Table 127: UCAP Power Inc.: Key Management
Table 128: UCAP Power Inc.: Product Portfolio
Table 129: UCAP Power Inc.: Recent Developments, 2021
Table 130: YAGEO Corp.: Company Snapshot
Table 131: YAGEO Corp.: Key Management
Table 132: YAGEO Corp.: Product Portfolio
Table 133: YAGEO Corp.: Company Financials, FY2019-2021
Table 134: YAGEO Corp.: Recent Developments, 2020

List of Figures
Summary Figure: Global Market Shares of Supercapacitors, by Region, 2021
Figure 1: Supercapacitors Market: Value Chain Analysis
Figure 2: Supercapacitor Market: Porter’s Five Forces Analysis
Figure 3: Power of Buyers
Figure 4: Power of Suppliers
Figure 5: Threat of New Entrants
Figure 6: Threat of Substitutes
Figure 7: Degree of Competition
Figure 8: Key Factors Impacting the Supercapacitor Market
Figure 9: Global Market Shares of Supercapacitors, by Type, 2021
Figure 10: Global Market Shares of Supercapacitors, by Type, 2027
Figure 11: Global Market Shares of Double Layer Capacitors, by Region, 2021
Figure 12: Global Market Shares of Double Layer Capacitors, by Region, 2027
Figure 13: Global Market Shares of Double Layer Capacitors, by Electrode Material, 2021
Figure 14: Global Market Shares of Double Layer Capacitors, by Electrode Material, 2027
Figure 15: Global Market Shares of Double Layer Capacitors, by End User, 2021
Figure 16: Global Market Shares of Double Layer Capacitors, by End User, 2027
Figure 17: Global Market Shares of Pseudocapacitors, by Region, 2021
Figure 18: Global Market Shares of Pseudocapacitors, by Region, 2027
Figure 19: Global Market Shares of Pseudocapacitors, by Electrode Material, 2021
Figure 20: Global Market Shares of Pseudocapacitors, by Electrode Material, 2027
Figure 21: Global Market Shares of Pseudocapacitors, by End User, 2021
Figure 22: Global Market Shares of Pseudocapacitors, by End User, 2027
Figure 23: Global Market Shares of Hybrid Capacitors, by Region, 2021
Figure 24: Global Market Shares of Hybrid Capacitors, by Region, 2027
Figure 25: Global Market Shares of Hybrid Capacitors, by Electrode Material, 2021
Figure 26: Global Market Shares of Hybrid Capacitors, by Electrode Material, 2027
Figure 27: Global Market Shares of Hybrid Capacitors, by End User, 2021
Figure 28: Global Market Shares of Hybrid Capacitors, by End User, 2027
Figure 29: Global Market Shares of Supercapacitors, by Electrode Material, 2021
Figure 30: Global Market Shares of Supercapacitors, by Electrode Material, 2027
Figure 31: Global Market Shares of Carbon Supercapacitors, by Region, 2021
Figure 32: Global Market Shares of Carbon Supercapacitors, by Region, 2027
Figure 33: Global Market Shares of Carbon Supercapacitors, by Type, 2021
Figure 34: Global Market Shares of Carbon Supercapacitors, by Type, 2027
Figure 35: Global Market Shares of Metal Oxide Supercapacitors, by Region, 2021
Figure 36: Global Market Shares of Metal Oxide Supercapacitors, by Region, 2027
Figure 37: Global Market Shares of Metal Oxide Supercapacitors, by Type, 2021
Figure 38: Global Market Shares of Metal Oxide Supercapacitors, by Type, 2027
Figure 39: Global Market Shares of Conducting Polymers Supercapacitors, by Region, 2021
Figure 40: Global Market Shares of Conducting Polymers Supercapacitors, by Region, 2027
Figure 41: Global Market Shares of Conducting Polymers Supercapacitors, by Type, 2021
Figure 42: Global Market Shares of Conducting Polymers Supercapacitors, by Type, 2027
Figure 43: Global Market Shares of Composite Supercapacitors, by Region, 2021
Figure 44: Global Market Shares of Composite Supercapacitors, by Region, 2027
Figure 45: Global Market Shares of Composite Supercapacitors, by Type, 2021
Figure 46: Global Market Shares of Composite Supercapacitors, by Type, 2027
Figure 47: Global Market Shares of Supercapacitors, by End User, 2021
Figure 48: Global Market Shares of Supercapacitors, by End User, 2027
Figure 49: Global Market Shares of Microgrid Supercapacitors, by Region, 2021
Figure 50: Global Market Shares of Microgrid Supercapacitors, by Region, 2027
Figure 51: Global Market Shares of Microgrid Supercapacitors, by Type, 2021
Figure 52: Global Market Shares of Microgrid Supercapacitors, by Type, 2027
Figure 53: Global Market Shares of Automotive Supercapacitors, by Region, 2021
Figure 54: Global Market Shares of Automotive Supercapacitors, by Region, 2027
Figure 55: Global Market Shares of Automotive Supercapacitors, by Type, 2021
Figure 56: Global Market Shares of Automotive Supercapacitors, by Type, 2027
Figure 57: Global Market Shares of Consumer Electronics Supercapacitors, by Region, 2021
Figure 58: Global Market Shares of Consumer Electronics Supercapacitors, by Region, 2027
Figure 59: Global Market Shares of Consumer Electronics Supercapacitors, by Type, 2021
Figure 60: Global Market Shares of Consumer Electronics Supercapacitors, by Type, 2027
Figure 61: Global Market Shares of Industrial Supercapacitors, by Region, 2021
Figure 62: Global Market Shares of Industrial Supercapacitors, by Region, 2027
Figure 63: Global Market Shares of Industrial Supercapacitors, by Type, 2021
Figure 64: Global Market Shares of Industrial Supercapacitors, by Type, 2027
Figure 65: Global Market Shares of Aerospace Supercapacitors, by Region, 2021
Figure 66: Global Market Shares of Aerospace Supercapacitors, by Region, 2027
Figure 67: Global Market Shares of Aerospace Supercapacitors, by Type, 2021
Figure 68: Global Market Shares of Aerospace Supercapacitors, by Type, 2027
Figure 69: Global Market Shares of Medical Supercapacitors, by Region, 2021
Figure 70: Global Market Shares of Medical Supercapacitors, by Region, 2027
Figure 71: Global Market Shares of Medical Supercapacitors, by Type, 2021
Figure 72: Global Market Shares of Medical Supercapacitors, by Type, 2027
Figure 73: Global Supercapacitors Market, by Region
Figure 74: Global Market Shares of Supercapacitors, by Region, 2021
Figure 75: Global Market Shares of Supercapacitors, by Region, 2027
Figure 76: U.S. Market for Supercapacitors, 2021-2027
Figure 77: Canadian Market for Supercapacitors, 2021-2027
Figure 78: Mexican Market for Supercapacitors, 2021-2027
Figure 79: U.K. Market for Supercapacitors, 2021-2027
Figure 80: German Market for Supercapacitors, 2021-2027
Figure 81: France Market for Supercapacitors, 2021-2027
Figure 82: Rest of European Market for Supercapacitors, 2021-2027
Figure 83: Chinese Market for Supercapacitors, 2021-2027
Figure 84: Japanese Market for Supercapacitors, 2021-2027
Figure 85: Indian Market for Supercapacitors, 2021-2027
Figure 86: Rest of Asia-Pacific Market for Supercapacitors, 2021-2027
Figure 87: Number of Patents, by Year, 2017-March 2023
Figure 88: Supercapacitors Patents Share, by Region, 2021
Figure 89: Shares of the Most Followed Strategies of Global Market for Supercapacitors, 2019-2023*
Figure 90: CAP-XX Ltd: Sales Share, by Business Segment, 2022
Figure 91: CAP-XX Ltd: Sales Share, by Region, 2022
Figure 92: Eaton Corp. PLC: Sales Share, by Business Segment, 2021
Figure 93: Eaton Corp. PLC: Sales Share, by Region, 2021
Figure 94: KYOCERA Corp.: Sales Share, by Business Segment, 2021
Figure 95: KYOCERA Corp.: Sales Share, by Region/Country, 2021
Figure 96: Nippon Chemi-Con Corp.: Sales Share, by Business Segment, 2021
Figure 97: Nippon Chemi-Con Corp.: Sales Share, by Region/Country, 2021
Figure 98: Panasonic Holdings Corp.: Sales Share, by Business Segment, 2022
Figure 99: Panasonic Holdings Corp.: Sales Share, by Region/Country, 2022
Figure 100: Seiko Group Corp.: Sales Share, by Business Segment, 2021
Figure 101: YAGEO Corp.: Sales Share, by Applications, 2021
Figure 102: YAGEO Corp.: Sales Share, by Products, 2021
Figure 103: YAGEO Corp.: Sales Share, by Channel, 2021
Figure 104: YAGEO Corp.: Sales Share, by Region/Country, 2021

Executive Summary

This report examines the way in which the supercapacitor market is changing and how it has evolved. This analysis includes a detailed survey of new organizations in the market as well as existing organizations. At the industry level, the publisher identifies, examines, describes, and provides global and regional market sizes for 2021 and forecasts demand from 2022 through 2027.

Supercapacitors are used to hold incredibly enormous amounts of electrical charge. They go by the name ultracapacitors as well. Supercapacitors store electrical energy using three different techniques in place of a traditional dielectric: double layer capacitance, pseudocapacitance, and hybrid capacitance. In other words, supercapacitors combine the functions of conventional capacitors with those of standard batteries. Double layer capacitance is electrostatic in origin, pseudocapacitance is electrochemical, and hybrid capacitance combines both. Similar to electrolyte capacitors, supercapacitors are polar devices that must be connected to the circuit in the proper manner. For some applications, such as consumer electronics, where supercapacitors may replace batteries, the electrical characteristics of these devices, particularly their quick charge and discharge times, are exceedingly intriguing.

The growth in supercapacitor technologies will be driven majorly by increasing demand for electric vehicles, rising use of supercapacitors in renewable energy generation plants, and consideration of supercapacitors as a viable substitute for conventional batteries. Growth will lead to consolidation, especially among medium-to-large-size companies. One development is the developing momentum in healthcare, especially for portable medical devices. These medical devices are being increasingly used due to their portability, ease of access, and their performance in shortening turnaround times.

Supercapacitors can be employed in a wide range of applications since they fill the gap between batteries and capacitors. The storage of energy in KERS (Kinetic Energy Recovery System), or dynamic braking systems, in the car industry is one intriguing use. Another example is low-power applications, where having a high capacity is not essential, but having a long-life cycle or quick recharge is. Such applications include photography flash, MP3 players, static memory (SRAM), which require a low power constant voltage source to store information, and others.

Companies Mentioned

  • Cap-Xx Ltd
  • Cornell Dubilier Electronics Inc.
  • Eaton Corp. plc
  • Elna America Inc.
  • Ioxus
  • Korchip Corp.
  • Kyocera Corp.
  • Ls Corp.
  • Nanoramic Laboratories
  • Nichicon Corp.
  • Nippon Chemi-Con Corp.
  • Panasonic Holdings Corp.
  • Quantic Electronics
  • Samwha Electric Co. Ltd
  • Seiko Group Corp.
  • Skeleton Technologies
  • Spel Technologies Pvt Ltd
  • Tecate Group
  • Ucap Power Inc.
  • Yageo Corp.

Table Information

Report AttributeDetails
No. of Pages194
PublishedMay 2023
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 4.6 Billion
Forecasted Market Value ( USD ) by 2027 $ 9.6 Billion
Compound Annual Growth Rate15.7%
Regions CoveredGlobal
No. of Companies Mentioned20

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