Profits in storage

In-Depth

The total global market for capacitors, flywheels and SMES systems will rise at an average annual growth rate of 5.9%, from $9.2 billion in 2005 to $12.2 billion in 2010.

According to a soon-to-be-released report from Business Communications Company, the total global market for capacitors, flywheels and SMES systems will rise at an average annual growth rate (AAGR) of 5.9%, from $9.2 billion in 2005 to $12.2 billion in 2010.

The market for emerging energy storage systems is segmented by many devices: capacitors, batteries, fuel cells, flywheel energy storage (FES) systems, superconducting magnetic energy storage (SMES) systems, and compressed air energy storage (CAES) systems. The largest market shares are represented by capacitors, flywheels, and SMES systems.

The total capacitor market is segmented by mature and emerging capacitor technologies. Mature capacitor technologies include aluminium, tantalum, and ceramic capacitors.

These capacitor types are considered mature because they are technologically advanced, and they account for 98.7% of all capacitor sales. Materials for aluminium, tantalum, and ceramic capacitors are also technologically developed. Nevertheless, availability fluctuates, and new materials are being explored to increase performance and decrease cost.

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