Supercapacitor Market Size, Share, Opportunities, And Trend By Type (Pseudo capacitors, Hybrid Capacitors, Double Layer Supercapacitors), By Capacitance (Upto 100F, 100F – 1000F, More Than 1000F), By Industry Vertical (Consumer Electronics, Automotive, Energy And Power, Aerospace, Industrial), And By Geography - Forecasts From 2024 To 2029

The supercapacitors market is expected to grow at a CAGR of 14.76%, reaching a market size of US$2,791.290 million in 2029 from US$1,402.600 million in 2024.

Supercapacitors are electronic devices with less conventional voltage ranges and higher capacitance values. While they can serve both capacities and batteries, they help fill the void between them. They can also store more energy than a standard capacitor and render more power than conventional batteries can supply. Their long cycle life stability features make these devices lucrative as energy storage units. Because of these qualities, they find different uses as independent energy sources or integrated with other power storage devices like cell phone batteries.

Moreover, supercapacitors are frequently utilized in devices with variable loads, including laptops, PDAs, GPS, and portable media players. They are also used in microgrids to store energy in reverse conditions while quickly injecting power whenever demand is high and production is low in the grids. Furthermore, they appreciate it in energy harvesting solutions, automotive, aerospace, and industrial segments.

Supercapacitors Market Drivers:

• The increase in electric automobile production is expected to increase the demand for supercapacitors in the projected period.

Power storage is the most crucial component of an electric vehicle, with the tremendous potential to enable electric vehicles to outperform internal combustion engine vehicles. Supercapacitors are frequently used to address typical batteries' storage problems. A supercapacitor's high-power density enables it to quickly charge or discharge much power without compromising its potential to sequester energy.

Further, supercapacitors are preferred in situations where huge amounts of power need to be delivered or stored. For instance, they are used during acceleration and regenerative braking because they absorb the kinetic energy produced during deceleration instead of dissipating it as heat. Consequently, hybrid cars such as Toyota FCHV and Lamborghini Sian frequently use supercapacitors in their construction. Other manufacturers of vehicles have also incorporated them into their products due to some appealing features that come with them. For example, Texas Instruments (TI) gives out a bidirectional buck/boost converter with only a quiescent current (IQ) of 60 nA. Furthermore, the TPS61094 buck/boost converter contains a buck mode that can charge supercapacitors at ultra-low IQ values, leading to a 20% increase in battery life relative to typical hybrid capacitors used widely (HLCs).

• Growing demand for renewable energy

To maintain continuous operation, supercapacitor charging and discharging also contribute to maintaining backup power and peak loads. It covers medical and battery-operated industrial uses, including smart meters, video doorbells, and smoke detectors. Several vendors are releasing new products to support this. As an example, a new bidirectional buck/boost converter with a quiescent current (IQ) of 60 nA was recently announced by Texas Instruments (TI). Furthermore, the TPS61094 buck/boost converter has a buck mode for supercapacitor charging while delivering ultra-low IQ, which enables engineers to extend battery life by up to 20% compared to commonly used hybrid-layer capacitors (HLCs). Further, based on current supercapacitor technology, more research is being conducted to create creative and reasonably priced solutions. It highlights the need to lower the cost of producing carbon-based electrodes and the reliance on essential components while providing a more economical and environment-friendly option to current models. For instance, researchers have developed a supercapacitor electrode material that has increased energy density and is more sustainable at the University College London and Imperial College in London, helping to popularize high-power, fast-charging electric vehicles in the market.

• Increasing demand for consumer electronics

The last couple of years have marked a tremendous increase in the sales of various consumer electronics such as wearables, laptops, or smartphones. These sophisticated devices result in an increasing demand for fast charging capability that will produce large amounts of power, eventually leading to faster energy storage solutions. Capacitors are preferred to cater to these needs. This is because they have a long working life span and produce much power, making them ideal for device performance improvements. Plus, they can be charged very quickly. Moreover, with the trend toward rapid slowdown and technology in electronics production, firms are being forced to look into supercapacitors as viable, effective energy-storing options, which are good in this area. Therefore, there is continued supercapacitor consumption in the electronics market, resulting in the growth of the whole industry.

Supercapacitors Market Restraints:

• The increase in electric automobile production is expected to increase the demand for supercapacitors in the projected period.

Power storage is the most crucial component of an electric vehicle, with the tremendous potential to enable electric vehicles to outperform internal combustion engine vehicles. Supercapacitors are commonly used to deal with the storage issues of typical batteries. Its high-power density enables it to charge or discharge much power quickly without compromising its potential to sequester energy.

Supercapacitors Market Geographical Outlook

• The Asia Pacific is witnessing exponential growth during the forecast period

To meet the carbon neutrality targets by 2060, China's supercapacitor demand is predicted to grow at one of the fastest rates in the world for an extended period. Supercapacitors would continue to gain market share in China due to the growing demand in downstream markets like electric cars. Recent entrants into the market have received backing from government policies. Moreover, transportation is one of the significant infrastructures that supported the Japanese economy and grew alongside the growth of other industries. In Japan, big supercapacitors are also used; commercial buildings have an installation of 4 MW systems to help lessen loading and reduce grid consumption during peak demand times.

Supercapacitors Market Key Launches

• In February 2023, the first automotive-qualified supercapacitors, or cylindrical electrochemical double-layer capacitors, were introduced by AVX Corporation. The business states that those five supercapacitors in the SCC Series have been tried and validated according to the AEC-Q200 standard, satisfying test circumstances meant to mimic electrical plus mechanical settings encountered within automotive fields. Furthermore, they conform to UL 810A, RoHS, and REACH guidelines—rated at 25 F and 2.7 V,100 F and 2.7 V,10 F and 3 V,35F and 3 V,100F And 3V respectively.
• In July 2022, a broad technological alliance was formed by Siemens and Skeleton Technologies GmbH to design, organize, and build a fully automated digital manufacturing facility in Germany to produce supercapacitors. 

The Supercapacitors market is segmented and analyzed as follows:

• By Type
  • Pseudo Capacitors
  • Hybrid Capacitors
  • Double Layer Supercapacitors
• By Capacitance
  • Upto 100F
  • 100F – 1000F
  • More than 1000F
• By Industry Vertical
  • Consumer Electronics
  • Automotive
  • Energy and Power
  • Aerospace
  • Industrial
• By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. SUPERCAPACITOR MARKET BY TYPE

5.1. Introduction

5.2. Pseudo Capacitors

5.3. Hybrid Capacitors

5.4. Double Layer Supercapacitors

6. SUPERCAPACITOR MARKET BY CAPACITANCE

6.1. Introduction

6.2. Upto 100F

6.3. 100F – 1000F

6.4. More than 1000F

7. SUPERCAPACITOR MARKET BY INDUSTRY VERTICAL

7.1. Introduction

7.2. Consumer Electronics

7.3. Automotive

7.4. Energy and Power

7.5. Aerospace

7.6. Industrial

8. SUPERCAPACITOR MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Capacitance

8.2.3. By Industry Vertical

8.2.4. By Country

8.2.4.1. The U.S.

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Type

8.3.2. By Capacitance

8.3.3. By Industry Vertical

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By Capacitance

8.4.3. By Industry Vertical

8.4.4. By Country

8.4.4.1. Germany

8.4.4.2. France

8.4.4.3. United Kingdom

8.4.4.4. Spain

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Capacitance

8.5.3. By Industry Vertical

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Capacitance

8.6.3. By Industry Vertical

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Thailand

8.6.4.7. Indonesia

8.6.4.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. KEMET Corporation. (Tokin Corporation)

10.2. Skeleton Technologies

10.3. Maxwell Technologies, Inc. (acquired by Tesla, Inc.)

10.4. Nippon Chemi-Con Corporation

10.5. Panasonic Corporation

10.6. Eaton

10.7. ESS. (CAP-XX)

10.8. XS Power Batteries (IOXUS Inc.)

10.9. Cooper Standard (LS Mtron)

10.10. NAWATechnologies

KEMET Corporation. (Tokin Corporation)

Skeleton Technologies

Maxwell Technologies, Inc. (acquired by Tesla, Inc.)

Nippon Chemi-Con Corporation

Panasonic Corporation

Eaton

ESS. (CAP-XX)

XS Power Batteries (IOXUS Inc.)

Cooper Standard (LS Mtron)

NAWATechnologies