Supercapacitor Market by Product, Material, Module Type, Application

List of Tables

[190 Pages Report] The Supercapacitor Market size was estimated at USD 1.79 billion in 2023 and expected to reach USD 1.99 billion in 2024, at a CAGR 12.18% to reach USD 4.01 billion by 2030.

A supercapacitor represents a revolutionary energy storage device category that bridges the gap between conventional capacitors and rechargeable batteries. They are distinguished by their remarkable ability to deliver rapid bursts of energy, ensuring fast charging and discharging rates far exceeding those of traditional batteries. This capability stems from their unique physical and electrochemical properties, which facilitate the storage of a significant amount of energy in a relatively small package. Supercapacitors are increasingly used across various sectors, characterized by their high power density, longevity, and operational reliability over various temperatures. The growth of the supercapacitors market is propelled by the increased use of supercapacitors in renewable energy generation plants and burgeoning interest in wearable technology and portable devices. However, the low voltage rating per cell and the lack of physical space to install supercapacitors pose a significant hurdle for adopting supercapacitors. An increase in the application of supercapacitors in the aviation sector is elevating the demand for supercapacitors.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.79 billion
Estimated Year [2024]	USD 1.99 billion
Forecast Year [2030]	USD 4.01 billion
CAGR (%)	12.18%

Product: Rising adoption of double-layer capacitors (DLCs) owing to their high power density

Double-layer capacitors (DLCs) are an essential segment in the supercapacitor market. These capacitors store electrical energy using electrostatic charge between two electrode layers separated by an electrolyte. Their key characteristics include high power density, rapid charging, and discharging capabilities. The applications of DLCs extend over the automotive sector for regenerative braking systems, power grid stabilization, and consumer electronics for memory backup systems. Hybrid capacitors combine batteries' high energy storage capability with the high power density and fast charging of capacitors. This category includes asymmetric capacitors and lithium-ion capacitors. Hybrid capacitors are favored for high energy and power applications, such as electric vehicles, renewable energy systems, and industrial power backups. Pseudocapacitors are characterized by their Faradaic charge transfer, which contributes to higher capacitance than double-layer capacitors. The charge storage mechanism in pseudocapacitors involves reversible redox reactions at the electrode surface, enabling them to achieve higher energy densities. The materials such as conductive polymers and metal oxides are commonly used in pseudocapacitors. They find applications in high-frequency power supply, portable electronics, and medical devices due to their impressive energy density and rapid charging abilities.

Application: Extensive use of supercapacitors in the aerospace and defense industry to enhance safety and operational effectiveness

In the aerospace & defense industry, supercapacitors provide the necessary power for emergency door operations, actuation systems, and backup power for critical flight systems. They are also utilized in satellite technology for solar panel deployment and energy storage, offering a reliable power source in extreme space conditions. Supercapacitors find significant applications in the automotive sector, particularly electric and hybrid vehicles. They assist in providing burst power during acceleration and recovering energy during braking. In consumer electronics, supercapacitors contribute to the increased lifespan and rapid charging capabilities of gadgets such as smartphones, portable speakers, and digital cameras. Supercapacitors are particularly valuable in powering the flash of cameras and stabilizing the power supply to extend the battery life of these devices. In the energy sector, supercapacitors are incorporated in the renewable energy systems, including wind turbines and solar panels, for energy storage and smoothing. They also play a role in grid stabilization, ensuring a reliable power supply and enhancing the efficiency of energy distribution systems. The industrial sector uses supercapacitors in various applications such as UPS (Uninterruptible Power Supplies), heavy machinery operation, and factory energy recovery systems. They ensure a steady power supply, minimize downtime, and significantly reduce energy costs by capturing and reusing energy.

Regional Insights

The Americas, especially the United States, and Canada, exhibit a growing demand for supercapacitors due to the rising interest in renewable energy solutions and sustainable transportation options. The United States significantly focuses on renewable energy installations and electric vehicle infrastructure, driving the demand for advanced energy storage solutions, including supercapacitors. Canada is showing increasing interest in adopting supercapacitor technology within its burgeoning clean technology sector, with support from governmental initiatives to reduce carbon emissions and foster sustainable energy use. The Asia-Pacific region is emerging as the faster-growing supercapacitor market, driven by renewable energy projects, expansion of telecommunications infrastructure, and the burgeoning consumer electronics industry. China, in particular, has been heavily investing in renewable energy projects and public transportation, key application areas for supercapacitors. Japan has a presence of companies that are pivotal in driving supercapacitor innovations and applications, particularly in the automotive and electronics industries. India showcases promising growth with increasing renewable energy and electric vehicle (EV) initiatives, fostering a conducive environment for supercapacitor deployment. The EMEA region is witnessing a robust demand for supercapacitors, driven by the EU's stringent regulations on emissions and the Middle East's and Africa's growing renewable energy projects. EU Countries are advancing towards sustainable energy and transportation systems, with a considerable push from policies such as the European Green Deal. The Middle East is gradually diversifying its energy portfolio, integrating renewable energy sources, which augments the requirement for efficient energy storage solutions such as supercapacitors. The supercapacitors market in the African region is gradually evolving, with South Africa leading the way, mainly in the telecom and mining sectors.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Supercapacitor Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Supercapacitor Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Supercapacitor Market, highlighting leading vendors and their innovative profiles. These include Bel Fuse Inc., CAP-XX Ltd., Chengdu Holy Tech Co., Ltd., Cornell Dubilier Electronics, Inc. by Knowles Corp., Eaton Corporation PLC, Evans Capacitor Company, Ioxus, Inc. by Systemic Power Manufacturing, LLC., Jinzhou Kaimei Power Co., Ltd., JYH HSU(JEC) Electronics Ltd, KEMET Corporation, KORCHIP Corporation, Kyocera Corporation, LS Mtron Co., Ltd., Nantong Jianghai Capacitor Co. Ltd, Nippon Chemi-Con Corporation, Panasonic Corporation, PRC Tech LLC, Shanghai Aowei Technology Development Co., Ltd., Shanghai Green Tech Co.,Ltd., Skeleton Technologies GmbH, SPEL Technologies Pvt. Ltd, TDK Corporation, UCAP Power, Inc., VinaTech Co., Ltd., and Yunasko Ltd..

Market Segmentation & Coverage

This research report categorizes the Supercapacitor Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Double-Layer Capacitor
- Hybrid Capacitors
- Pseudocapacitors

Material
- Activated Carbon
- Carbon Nanotubes (CNTs)
- Conductive Polymers
- Graphene
- Metal Oxides

Module Type
- 10 Volts To 25 Volts Modules
- 25 Volts To 50 Volts Modules
- 50 Volts To 100 Volts Modules
- Above 100 Volts Modules
- Less Than 10 Volts Modules

Application
- Aerospace & Defense
- Automotive
- Consumer Electronics
- Energy
- Industrial

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Supercapacitor Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Supercapacitor Market?

3. What are the technology trends and regulatory frameworks in the Supercapacitor Market?

4. What is the market share of the leading vendors in the Supercapacitor Market?

5. Which modes and strategic moves are suitable for entering the Supercapacitor Market?

Product Code: MRR-374DB5A07768

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Burgeoning interest in wearable technology and portable devices
  - 5.1.1.2. Increased use of supercapacitors in renewable energy generation plants
  - 5.1.1.3. Growth in global demand for electric vehicles
- 5.1.2. Restraints
  - 5.1.2.1. Limitation of supercapacitors to be used as long-term energy storage solutions
- 5.1.3. Opportunities
  - 5.1.3.1. Increase in applications of supercapacitors in the aviation sector
  - 5.1.3.2. Recognition of supercapacitors as a viable substitute for conventional batteries
- 5.1.4. Challenges
  - 5.1.4.1. Low voltage rating per cell and deficit of physical space to install supercapacitors
5.2. Market Segmentation Analysis
- 5.2.1. Product: Rising adoption of double-layer capacitors (DLCs) owing to their high power density
- 5.2.2. Application: Extensive use of supercapacitors in the aerospace and defense industry to enhance safety and operational effectiveness
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Supercapacitor Market, by Product

6.1. Introduction
6.2. Double-Layer Capacitor
6.3. Hybrid Capacitors
6.4. Pseudocapacitors

7. Supercapacitor Market, by Material

7.1. Introduction
7.2. Activated Carbon
7.3. Carbon Nanotubes (CNTs)
7.4. Conductive Polymers
7.5. Graphene
7.6. Metal Oxides

8. Supercapacitor Market, by Module Type

8.1. Introduction
8.2. 10 Volts To 25 Volts Modules
8.3. 25 Volts To 50 Volts Modules
8.4. 50 Volts To 100 Volts Modules
8.5. Above 100 Volts Modules
8.6. Less Than 10 Volts Modules

9. Supercapacitor Market, by Application

9.1. Introduction
9.2. Aerospace & Defense
9.3. Automotive
9.4. Consumer Electronics
9.5. Energy
9.6. Industrial

10. Americas Supercapacitor Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Supercapacitor Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Supercapacitor Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Graphite India to Buy 31% Stake in Godi for INR 50 Crore
- 13.3.2. EUR 108 Million for Supercapacitors and the Superbattery
- 13.3.3. Hybrid Supercapacitors Receive UL Certification
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio