Ultracapacitors Market

Participants in the ultracapacitors market are adopting contingency planning to overcome the scarcity of raw materials, which is likely to be experienced due to production stoppages and labor shortages during the ongoing COVID-19 pandemic. However, it has been found that supercapacitors are not suitable for long-term energy storage applications. Nevertheless, manufacturers in the ultracapacitors market should increase R&S to overcome the limitations of supercapacitors. They should unlock revenue opportunities in public transportation, hybrid supercapacitor batteries, and power stabilization applications to diversify their product offerings.
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