Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Supercapacitors Market size was over USD 3.01 billion in 2024 and is anticipated to cross USD 22.16 billion by 2037, witnessing more than 16.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of supercapacitors is assessed at USD 3.43 billion.
The increasing demand in energy storage system applications, including solar PV panels and solar lightings, and the rising use of supercapacitors in aircraft and trains are expected to drive the supercapacitors market growth during the forecast period. These supercapacitors are majorly used in the energy and automobile segment. The rising demand for sustainable development and minimizing emissions in energy storage is also driving the market growth. Furthermore, the increasing demand for electric vehicles is likely to fuel the growth of the market in the forecast period.
Supercapacitors Sector: Growth Drivers and Challenges
Growth Drivers
- Growing awareness in sustainable development and emission free energy storage
- Rise in demand of electric vehicles
Challenges
- High initial costs of material
- Low awareness about supercapacitors
Supercapacitors Market: Key Insights
|
Base Year |
2023 |
|
Forecast Year |
2024-2036 |
|
CAGR |
16.6% |
|
Base Year Market Size (2023) |
USD 2.58 billion |
|
Forecast Year Market Size (2036) |
USD 19 billion |
|
Regional Scope |
|
Supercapacitors Segmentation
Based on type, the hybrid supercapacitors segment is anticipated to capture the major market share among the other types owing to its significant uses in wearable devices, mobile phones, laptops, barcode scanners, LED flashlights, thermal printers, and GPS chips.
The market is segmented on industrial, medical, automotive, energy, consumer electronics, aerospace, and defense. The automobile segment is expected to capture the major market share in the forecast period owing to key applications, including dynamic brake energy storage and power recuperation.
Our in-depth analysis of the global market includes the following segments
|
By Product Type |
|
|
By Applications |
|
Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
Supercapacitors Industry - Regional Synopsis
APAC Market Statistics
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. Asia Pacific industry is poised to hold largest revenue share by 2037, as rapid infrastructure and industrialization development are driving the growth of automotive and consumer electronics industries in the region.
North America Market Analysis
The market in North America is the second largest market in terms of revenue and is also estimated to grow with a significant growth rate over the forecast period owing to demand for supercapacitors in mid-sized and large automotive industries.
Companies Dominating the Supercapacitors Landscape
- Nippon Chemi-Con Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Skeleton Technologies
- Ioxus Inc.
- LS Mtron Ltd.
- AVX Corporation
- Panasonic Corporation
- Cap-XX Limited
- SPEL Technologies Private Limited
- Evans Capacitor Company
- KORCHIP Corporation
- Report ID: 106
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
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