Ultracapacitors Market Size, Share, Trends, Industry Analysis Report: By Type, Power, Application, and Region

Description

List of Tables

The global ultracapacitors market size is expected to reach USD 26.62 billion by 2034, according to a new study by Polaris Market Research. The report "Ultracapacitors Market Size, Share, Trends, Industry Analysis Report: By Type (Double Layered Capacitors, Pseudocapacitors, and Hybrid Capacitors), Power, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Ultracapacitors, also known as supercapacitors, are energy storage devices that offer high power density, rapid charge-discharge cycles, and long operational lifespans. Ultracapacitors store energy through electrostatic processes rather than chemical reactions, enabling them to deliver quick bursts of energy and experience millions of charge and discharge cycles without significant degradation. These attributes make ultracapacitors crucial in applications where reliability, efficiency, and durability are critical.

The rising adoption of renewable energy sources is propelling the ultracapacitors market growth. Ultracapacitors play a crucial role in stabilizing renewable energy systems by managing energy fluctuations and ensuring a steady power supply. They are widely used in wind turbines and solar panels to store excess energy and release it during periods of low generation. This capability enhances the efficiency of renewable energy systems and supports grid stability, making ultracapacitors an integral part of renewable energy sources.

The increasing popularity of electric vehicles (EVs) and hybrid electric vehicles (HEVs) are fueling the ultracapacitors market demand as they are increasingly being used for energy recovery, start-stop systems, and power supply in these vehicles. Additionally, ultracapacitors are used in combination with lithium-ion batteries to enhance the overall performance of EVs, providing better acceleration, extended battery life, and improved energy efficiency. The push toward sustainable mobility and stricter emission regulations are expected to further boost the adoption of ultracapacitors in the automotive sector.

Ultracapacitors Market Report Highlights

In terms of type, the hybrid capacitors segment is projected to grow at a rapid pace during the forecast period owing to their unique combination of high energy density and power performance.

Based on application, the automotive segment dominated the ultracapacitors market share in 2024 due to the increasing adoption of energy-efficient technologies in vehicles and the shift toward electrification in the transportation industry.

In the global market, North America held the largest revenue share in 2024 due to advancements in energy storage technologies and strong adoption across various industries such as automotive, aerospace, and renewable energy.

The Asia Pacific ultracapacitors market is expected to grow at the fastest pace during the forecast period due to rapid industrialization and urbanization and increasing demand for energy-efficient technologies in countries such as China, Japan, and India.

A few of the global key market players are NEC Corporation; Abracon; Nippon Chemi-Con Corporation; Ness Electronics, Inc.; Panasonic Corporation; Skeleton Technologies; KYOCERA AVX Corporation; ELNA CO., LTD.; CAP-XX; Eaton Corporation; KEMET Corporation; LS Mtron Co., Ltd.; and Maxwell Technologies.

Polaris Market Research has segmented the ultracapacitors market report on the basis of type, power, application, and region:

By Type Outlook (Revenue, USD Billion, 2020-2034)

Double Layered Capacitors
Pseudocapacitors
Hybrid Capacitors

By Power Outlook (Revenue, USD Billion, 2020-2034)

Less than 10 Volts
10 Volts to 25 Volts
25 Volts to 50 Volts
50 Volts to 100 Volts
Above 100 Volts

By Application Outlook (Revenue, USD Billion, 2020-2034)

Automotive
Consumer Electronics
Energy
Industrial
Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1381

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source

4. Global Ultracapacitors Market Insights

4.1. Ultracapacitors Market - Market Snapshot
4.2. Ultracapacitors Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growing Focus on Renewable Energy Sources
  - 4.2.1.2. Rising Adoption of Portable Devices
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Not suitable for AC or high-frequency circuits
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Ultracapacitors Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Ultracapacitors Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
5.3. Double Layered Capacitors
- 5.3.1. Global Ultracapacitors Market, by Double Layered Capacitors, by Region, 2020-2034 (USD Billion)
5.4. Pseudocapacitors
- 5.4.1. Global Ultracapacitors Market, by Pseudocapacitors, by Region, 2020-2034 (USD Billion)
5.5. Hybrid Capacitors
- 5.5.1. Global Ultracapacitors Market, by Hybrid Capacitors, by Region, 2020-2034 (USD Billion)

6. Global Ultracapacitors Market, by Power

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
6.3. Less than 10 Volts
- 6.3.1. Global Ultracapacitors Market, Less than 10 Volts, by Region, 2020-2034 (USD Billion)
6.4. 10 Volts to 25 Volts
- 6.4.1. Global Ultracapacitors Market, by 10 Volts to 25 Volts, by Region, 2020-2034 (USD Billion)
6.5. 25 Volts to 50 Volts
- 6.5.1. Global Ultracapacitors Market, by 25 Volts to 50 Volts, by Region, 2020-2034 (USD Billion)
6.6. 50 Volts to 100 Volts
- 6.6.1. Global Ultracapacitors Market, by 50 Volts to 100 Volts, by Region, 2020-2034 (USD Billion)
6.7. Above 100 Volts
- 6.7.1. Global Ultracapacitors Market, by Above 100 Volts, by Region, 2020-2034 (USD Billion)

7. Global Ultracapacitors Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
7.3. Automotive
- 7.3.1. Global Ultracapacitors Market, by Automotive, by Region, 2020-2034 (USD Billion)
7.4. Consumer Electronics
- 7.4.1. Global Ultracapacitors Market, by Consumer Electronics, by Region, 2020-2034 (USD Billion)
7.5. Energy
- 7.5.1. Global Ultracapacitors Market, by Energy, by Region, 2020-2034 (USD Billion)
7.6. Industrial
- 7.6.1. Global Ultracapacitors Market, by Industrial, by Region, 2020-2034 (USD Billion)
7.7. Others
- 7.7.1. Global Ultracapacitors Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Ultracapacitors Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Ultracapacitors Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Ultracapacitors Market - North America
- 8.3.1. North America: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
- 8.3.2. North America: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
- 8.3.3. North America: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.3.4. Ultracapacitors Market - U.S.
  - 8.3.4.1. U.S.: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.3.5. Ultracapacitors Market - Canada
  - 8.3.5.1. Canada: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
8.4. Ultracapacitors Market - Europe
- 8.4.1. Europe: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
- 8.4.2. Europe: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
- 8.4.3. Europe: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.4. Ultracapacitors Market - UK
  - 8.4.4.1. UK: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.5. Ultracapacitors Market - France
  - 8.4.5.1. France: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.6. Ultracapacitors Market - Germany
  - 8.4.6.1. Germany: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.7. Ultracapacitors Market - Italy
  - 8.4.7.1. Italy: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.8. Ultracapacitors Market - Spain
  - 8.4.8.1. Spain: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.9. Ultracapacitors Market - Netherlands
  - 8.4.9.1. Netherlands: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.10. Ultracapacitors Market - Russia
  - 8.4.10.1. Russia: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.4.11. Ultracapacitors Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
8.5. Ultracapacitors Market - Asia Pacific
- 8.5.1. Asia Pacific: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.4. Ultracapacitors Market - China
  - 8.5.4.1. China: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.5. Ultracapacitors Market - India
  - 8.5.5.1. India: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.6. Ultracapacitors Market - Malaysia
  - 8.5.6.1. Malaysia: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.7. Ultracapacitors Market - Japan
  - 8.5.7.1. Japan: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.8. Ultracapacitors Market - Indonesia
  - 8.5.8.1. Indonesia: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.9. Ultracapacitors Market - South Korea
  - 8.5.9.1. South Korea: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.10. Ultracapacitors Market - Australia
  - 8.5.10.1. Australia: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.5.11. Ultracapacitors Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
8.6. Ultracapacitors Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.6.4. Ultracapacitors Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.6.5. Ultracapacitors Market - UAE
  - 8.6.5.1. UAE: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.6.6. Ultracapacitors Market - Israel
  - 8.6.6.1. Israel: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.6.7. Ultracapacitors Market - South Africa
  - 8.6.7.1. South Africa: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.6.8. Ultracapacitors Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
8.7. Ultracapacitors Market - Latin America
- 8.7.1. Latin America: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.7.4. Ultracapacitors Market - Mexico
  - 8.7.4.1. Mexico: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.7.5. Ultracapacitors Market - Brazil
  - 8.7.5.1. Brazil: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.7.6. Ultracapacitors Market - Argentina
  - 8.7.6.1. Argentina: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)
- 8.7.7. Ultracapacitors Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Ultracapacitors Market, by Type, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Ultracapacitors Market, by Power, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Ultracapacitors Market, by Application, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. NEC Corporation
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Abracon
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Nippon Chemi-Con Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Ness Electronics, Inc.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Panasonic Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Skeleton Technologies
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. KYOCERA AVX Corporation
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. ELNA CO., LTD.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. CAP-XX
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Eaton Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. KEMET Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. LS Mtron Co., Ltd.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Maxwell Technologies
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development