Supercapacitor Market Forecasts to 2028 – Global Analysis By Type (Board Mounted, Module), Technology (Lithium Ion, Mixed Metal), Application (Utility, Industrial, Energy and Power) and By Geography
According to Stratistics MRC, the Global Supercapacitor Market is accounted for $4.03 billion in 2020 and is expected to reach $18.90 billion by 2028 growing at a CAGR of 21.3% during the forecast period. Increased usage in energy harvesting applications, rise in demand for renewable energy systems and increasing demand for more advanced electronics devices are driving the market growth. However, high price of raw materials is hampering the growth of the market.
Supercapacitor is an electrochemical energy storage device, which stores and releases energy by reversible adsorption and desorption of ions at interfaces between electrode materials and electrolytes. It is an advance technology for various energy storage systems. They have the capacity to store energy much greater than the electrolytic capacitors which in turn can provide chargeability much faster than the batteries.
Based on the material, the electrodes segment is going to have lucrative growth during the forecast period due to the rise in demand for electrical power and intermittent nature of the supply of energy from renewable sources like solar and wind have increased the demand for pseudocapacitors.
By geography, Asia Pacific is going to have high growth during the forecast period due to the rapid industrialization and infrastructure development are driving the growth of consumer electronics and automotive industries in China, thereby leading to an increased demand for supercapacitors in the region.
Some of the key players profiled in the Supercapacitor Market include Eaton Corporation, AVX Corporation, Axion Power International, Inc., KEMET Corporation, KORCHIP Corporation, Loxus Inc., Maxwell Technologies Inc., Murata Manufacturing Co., Ltd, Nippon Chemi-Con Corporation, Panasonic Corporation, Skeleton Technologies, Toyota Motor Sales, Inc. and Young Electronics Group.
Estimated Market Size in 2020:
USD 4.03 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 18.90 billion
Tables, Graphs & Figures
Types, Power, Technology, Material,
Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Board Mounted Supercapacitor
• Supercapacitor Weldable Cells
• Supercapacitor Module
• Less Than 10 Volts Modules
• 10 Volts to 25 Volts Modules
• 25 Volts to 50 Volts Modules
• 50 Volts to 100 Volts Modules
• Above 100 Volts Modules
• Lithium Ion Supercapacitors
• Activated Carbon Supercapacitors
• Mixed Metal Supercapacitor Hybrids
• Graphite (Graphene)
• Aerospace, Military and Defense
• Medical & Health Care (Defibrillators)
• Utility (Micro Grid)
• Industrial Automation
• Smoke Detectors
• Wireless Applications
• Automotive & Transportation
• Energy and Power
• Consumer Electronics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Supercapacitor Market is majorly driven by the increasing usage in energy harvesting applications, rise in demand for renewable energy systems and increasing demand for more advanced electronics devices.
The electrodes segment is growing at a highest CAGR due to the rise in demand for electrical power and intermittent nature of the supply of energy from renewable sources like solar and wind have increased the demand for pseudocapacitors.
North America dominated with a significant market share as electric vehicles are fast gaining popularity in the region, which is one of the largest automotive producers worldwide.
Asia Pacific market is growing at a highest CAGR due to the rapid industrialization and infrastructure developments are driving the growth of consumer electronics and automotive industries in China.
Key players in Supercapacitor Market include Eaton Corporation, AVX Corporation, Axion Power International, Inc., KEMET Corporation, KORCHIP Corporation, Loxus Inc., Maxwell Technologies Inc., Murata Manufacturing Co., Ltd, Nippon Chemi-Con Corporation, Panasonic Corporation, Skeleton Technologies, Toyota Motor Sales, Inc. and Young Electronics Group.
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