Supercapacitors Market Size & Share, by Type (Pseudocapacitors, Electric Double-layered Capacitors (EDLCs), andHybrid Capacitors); Application (Industrial, Medical, Automotive, Energy, Consumer Electronics, Aerospace, Defence) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2029

  • Report ID: 106
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Supercapacitors Market Highlights 2020-2029

The supercapacitors market is estimated to grow with a moderate CAGR during the forecast period, i.e., 2021-2029. 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. According to the International Energy Agency, in 2020, electric cars' global sales reached up to 4.9 million, compared to 1.93 million in the year 2017.

Supercapacitors Market

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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. 

Supercapacitors Market Regional Synopsis

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The Asia Pacific market is predicted to grow at the highest CAGR over the forecast period owing to the rapid infrastructure and industrialization development are driving the growth of automotive and consumer electronics industries in Japan, China and India, thereby leading to an increased demand for supercapacitors. 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. In the year 2018, the total number of vehicles manufactured is more than 95 million. India, China, and Japan alone constituted 42,713,279, which constituted 44.66% of global production.

Supercapacitors Market

The global supercapacitors market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global supercapacitors market includes the following segments:

By Product Type

  • Pseudocapacitors
  • Electric Double-layered Capacitors (EDLCs)
  • Hybrid Capacitors

By Applications

  • Industrial
  • Medical
  • Automotive
  • Energy
  • Consumer Electronics
  • Aerospace and Defense

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

Top Featured Companies Dominating the Market

  • 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


In-the-news

In the News

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 106
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing awareness in sustainable development and emission free energy storage, and rising demand of electric vehicles are driving the market.

The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2021-2029.

High manufacturing cost and lack of awareness are the major challenges affecting the market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to therapid growth of automobile and consumer industries in India and China.

The major players dominating the Supercapacitors market areNippon Chemi-Con Corporation, Skeleton Technologies, Ioxus Inc., LS Mtron Ltd., AVX Corporation, Panasonic Corporation, Cap-XX Limited, SPEL Technologies Private Limited, Evans Capacitor Company, and KORCHIP Corporation, among others.

The company profiles are selected on the basis of revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, applications andregion.

With respect to applications, the automobilesegment is anticipated to hold the largest market share owing to increased demands of electric vehicles and major applications of supercapacitors in automobile.
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