Market Research Report - 226125
Lithium-Ion Capacitors in Solar Photovoltaic Power Generation Global Market Forecast & Analysis 2012
|Published||Content info||254 Pages|
|Lithium-Ion Capacitors in Solar Photovoltaic Power Generation Global Market Forecast & Analysis 2012|
|Published: November 13, 2012||Content info: 254 Pages||
This ElectroniCast report provides a 2011-2021 market forecast and analysis of the worldwide consumption of lithium-ion capacitors (LICs) used in solar photovoltaic (PV) power generation applications.
A capacitor is an electrical device that stores or releases electricity through rapid electrostatic reactions. Compared with a battery that stores electricity through slow chemical reactions, a capacitor makes it possible to charge and discharge electricity almost instantaneously with a long cycle life.
Lithium-Ion Capacitors (LICs) have a higher power density as compared to batteries and LIC's are safer in use than Lithium-Ion Batteries (LIBs), since thermal runaway reactions may occur with the LIBs. Compared to an Electric Double-Layer Capacitor (EDLC), the lithium-ion capacitor has a higher output voltage. They both have similar power densities, but energy density of a lithium-ion capacitor is higher.
Lithium-ion capacitors contain no hazardous substances, such as heavy metals (Cadmium, Mercury or Lead) making them environmentally friendly electrical storage devices. They are also characterized by an ability to charge with even weak current, and as a result, demand is expected to increase substantially in environmentally friendly fields such as solar power generation. The use of lithium-ion capacitors as independent power supplies in combination with photovoltaic panels is considered for a wide range of devices such as streetlights, surveillance cameras, and security sensors.
Photovoltaics (PV) is a method of generating electrical power by converting solar radiation into direct current electricity using semiconductors that exhibit the photovoltaic effect. Photovoltaic power generation employs solar panels composed of a number of solar cells containing a photovoltaic material.
ElectroniCast Consultants, per requests from clients are following-up on the exciting and innovation aspects of the lithium-ion capacitors, present this report specifically addressing the potential use of lithium-ion capacitors in photovoltaic (PV) power generation applications.
The conclusions of this report are based on background research plus application of quantitative data processing and correlation. ElectroniCast analysts performed interviews with authoritative and representative individuals concerned with the power storage industry sector, plus natural energy power generating technologies (wind, solar and other), energy-efficient lighting (LEDs), industrial logistical machinery/ Automated Guided Vehicles (AGV) / industrial robot, electric vehicles, migration systems of voltage sags/swells, Uninterruptible Power Supply (UPS) devices, and many other concerns and related entities.
The future of the lithium-ion capacitor (LIC) market, despite exciting innovative devices driven by technological advances and ecological/energy-saving concerns, still face challenges in overcoming performance/price limitations and in attracting widespread consumption. The use of LICs in solar photovoltaic power generation applications is increasing, initiating from government-based initiative - then to commercial/business - and eventually to the consumer-level.
On-going extensive customer demand-side and supplier-side information interviews, combined with ElectroniCast background of information and opinions in the energy efficiency solution field were the basis for estimating data to be inserted into the analysis/forecast data base spreadsheets. Published information related to LIC and related component/applications and consumption, was reviewed, including:
The ElectroniCast market forecast (Excel spreadsheet) database structure used for this project is provided for insertion (and later manipulation) of quantities, prices (and thus value) for lithium-ion capacitors used in solar photovoltaic power generation applications for each year, in each end-user category subset of each geographical region. This technique permits analysis for reasonableness check at all levels. The final database/spreadsheet is the source for the various values incorporated in the tables and figures in this report and quoted in the (report) text.
This report provides the market data by the following regional segments and sub-regions:
The consumption value of a Lithium-Ion capacitor (LIC) is determined by the final application (“end-use”) and ownership of that product. For example, a packaged LIC produced in Japan (APAC region) and then the LIC ends-up in a new car manufactured in Europe, and then the car is sold and consumed (consumption) in the USA, is shown in the ElectroniCast market forecast Excel database as a LIC consumed in America (not APAC and not Europe).
The estimate of 2011 plus the market forecast (2012-2021) is presented for Lithium-Ion capacitors for use with solar photovoltaic (PV) power generation. The Lithium-Ion capacitor (LIC) market forecast data are segmented by the following functions:
The farad (symbol: F) is the SI unit of capacitance (SI is the International System of Units). Capacitance is the ability of a capacitor to store energy in an electric field. Capacitance is also a measure of the amount of electric potential energy stored (or separated) for a given electric potential. A common form of energy storage device is a parallel-plate capacitor.
The ElectroniCast market forecast of consumption is also presented for two major End-User categories:
In this market forecast study, we quantify the volume (quantity) in terms of Farad (F). The consumption value is determined by multiplying the number of units (Farad) by the average selling price (per Farad). The average selling prices are based on the price of the LIC at the initial factory level. As shown in Figure 1, ElectroniCast estimates that 26 million Farads will be used in 2012. We forecast that in the year 2016, 588 million Farads will be consumed, and increasing to nearly 17.2 billion Farads (F) in the year 2021.
Lithium-Ion Capacitors (LICs) used in Solar Photovoltaic Power Generation
Global Market Forecast (Quantity Basis, Million Farad)
The following Companies/Entities are discussed in this chapter: