Advanced capacitor producers have adopted several strategies, such as building relationships with potential and existing customers, raising funds to increase production, expanding their business to international markets, and introducing new products in the market. In 2023, the industry of advanced capacitors was characterized by competition among the top five players accounting for the major share. Moreover, major industry players, such as CAP-XX Limited, Maxwell Technologies Korea Co. Ltd., and Nippon Chemi-Con Corporation, have a significant influence in the advanced capacitors market owing to their global presence.
In October 2023, Skeleton Technologies announced that it has raised funding from Siemens Financial Services, Marubeni Corporation, and CBMM for enhancing and scaling up the production of supercapacitors and curved graphene material, which is used to manufacture them.
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