The global supercapacitor market size was US$ 5.02 billion in 2021. The global supercapacitor market size is forecast to reach US$ 22.50 billion by 2030, growing at a compound annual growth rate (CAGR) of 23.9% during the forecast period from 2022 to 2030.

The supercapacitor is an electrochemical energy storage device that stores and releases energy via reversible ion adsorption and desorption at electrode-electrolyte interfaces. Supercapacitors, also known as ultracapacitors, are capacitors that hold 10 to 100 times the power of ordinary electrolytic capacitors and are used for quick charge and discharge since they have no resistance. In the electronic device taxonomy, these are classified as capacitors or batteries and used as supplements to ordinary batteries. They can also be used for short-term backup power, as supercapacitor circuits help with uninterrupted power delivery.

Factors Influencing Market Growth

• Among the factors driving the global supercapacitor market include the growing need for supercapacitors in automotive applications, rising demand for renewable energy systems, and favorable government regulations.
• Increased initial costs of materials and a low understanding of supercapacitors may slow down the overall market growth.
• The growing demand for newer applications in solar and wind energy and rising demand for micro-supercapacitors are forecast to create lucrative opportunities for the global market during the forecast period.

Impact Analysis of COVID-19

The COVID-19 pandemic had a negative impact on the global market growth. As a result of the COVID-19 outbreak, several industrial units worldwide have halted operations. Due to the shutdown of operations, original equipment manufacturers (OEMs) in the automotive and consumer electronics industries delayed their orders for supercapacitors. This has caused a short slowdown in supercapacitor market growth in 2020.

Regional Analysis

The Asia Pacific region is forecast to have lucrative growth in the market during the forecast period. As a result of the growing defense budget of India and China and the rising demand for electric vehicles. In addition, governments in developing economies are taking several initiatives to generate attention toward adopting electric vehicles. Thus, these factors are forecast to fuel the market growth in the region.  

Leading Competitors

The leading prominent companies profiled in the global supercapacitor market are:

• AVX Corporation
• CAP-XX Ltd
• Panasonic Corporation
• KORCHIP Corporation
• IOXUS Inc.
• Skeleton Technologies
• Evans Capacitor Company
• SPEL Technologies Private Limited
• LS Mtron Ltd
• Nippon Chemi-Con Corporation
• Other Prominent Players

Scope of the Report

The global supercapacitor market segmentation focuses on Type, Application, Vertical, Material, and Region.

Segmentation based on Type

• Double-layer capacitors
• Pseudocapacitors
• Hybrid capacitors
  • Composite Hybrids
  • Asymmetric Hybrids
  • Battery-type Hybrids

Segmentation based on Application

• Automotive
• Industrial
• Energy
• Consumer Electronics
• Aerospace and Defense

Segmentation based on Vertical

• Consumer Electronics
• Industrial
• Automotive
• Energy
• Medical
• Aerospace & Defense

Segmentation based on Material

• Activated carbon
• Carbide derived carbon
• Carbon aerogel
• Graphene
• Metal Oxides
• Conductive Polymers

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America