The global supercapacitor market is projected to reach $0.7 billion by 2028, at a CAGR of 16.6% during 2023-2028. The growth of supercapacitor market is driven by increasing production of electrical vehicles, growth in portable electronics, and superior properties of supercapacitors, such as high energy density, long lifecycles, and power stabilization, as compared to conventional power storage devices.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the supercapacitor market by product type (double layered capacitors, pseudocapacitors, and hybrid capacitors), module (less than 25V, 25-100V, and above 100V), end use industry (transportation, industrial, consumer electronics, energy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the supercapacitor market?
Q.4 What are some changing demands of customers in the supercapacitor market?
Q.5 What are the new developments in the supercapacitor market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this supercapacitor area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this supercapacitor market?
Based on product type, the supercapacitor market is segmented into double layer capacitors, pseudocapacitors, and hybrid capacitors. The double layer capacitors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing usage of double layer capacitors in regenerative braking systems of electric vehicles.
Asia Pacific will remain the largest region by value, and it is also expected to witness the highest growth over the forecast period due to increasing demand for supercapacitors in automotive, wind, solar, and consumer electronics industries, particularly in China, Japan, and South Korea.
Key Players in the supercapacitor market are UCAP Power, Panasonic, CAP XX Limited, Skeleton Technologies, LS Mtron, Nippon Chemi-Con, AVX, Korchip Corporation, and Seiko Instrument.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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