Super Capacitor Market (Type - Double-layer Capacitor, Pseudocapacitors, and Hybrid Capacitors; Material - Activated Carbon, Carbide Derived Carbon, and Carbon Aerogel; Module - Less than 10 Volts Modules, 10 Volts to 25 Volts Modules, 25 Volts to 50 Volts Modules, 50 Volts to 100 Volts Modules, and Above 100 Volts Modules; End User - Automotive, Industrial, Consumer Electronics, Aerospace, Defense, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report published by Infinium Global Research on super capacitor market provides in-depth analysis of segments and sub-segments in the global as well as regional super capacitor market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional super capacitor market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global super capacitor market.

Market Insight:

The global super capacitor market was valued at USD 1.84 billion in 2022 and is expected to reach USD 5.68 billion in 2030, with a CAGR of 13.01% during the forecast period 2023-2030.

A supercapacitor is sometimes known as an Ultracapacitor (UC) (SC). It is a high-capacity capacitor with less stringent voltage requirements and a substantially greater capacitance value than typical capacitors. It bridges the gap between electrolytic capacitors and rechargeable batteries. This capacitor can store 10 to 100 times more energy per unit of volume or mass than an electrolytic capacitor. They also absorb and transfer energy more quickly than batteries and can withstand more charge and discharge cycles than rechargeable batteries. In automobiles, buses, trains, cranes, and elevators, supercapacitors are used for regenerative braking, short-term energy storage, or burst-mode power delivery. Smaller devices are also used to power Static Random-access Memory (SRAM). Supercapacitors are seen as an alternative to Li-ion batteries since they are superior energy storage technologies. Supercapacitors are appealing to a wide range of industries, including aviation, automobiles, and telecommunications, due to their high-power density and rapid charging and discharging characteristics.

As the demand for renewable energy sources rises, the market is expected to grow. Supercapacitors provide better energy and power densities than traditional capacitors and batteries, respectively. In wind and solar power plants, supercapacitors are mostly employed. Supercapacitors are utilized in numerous different applications, including the generation of renewable energy power, power systems, transportation, and many others. It has a broad temperature range, a high charge and discharges current capability, and very high efficiency. However, supercapacitors are not employed as long-term energy storage devices since they drain faster than lithium-ion batteries. Self-discharge causes the supercapacitor to lose charge. A battery's voltage output is more or less constant until it runs out, unlike a supercapacitor, whose voltage output drops linearly with charge. As a result, the supercapacitor is unreliable for uses that necessitate a constant energy source for a protracted period of time. The key restraining factor is the need for long-term storage, which is essential for energy applications. Although, the increasing awareness and adoption of renewable energy sources are create opportunity for the supercapacitor market. These energy storage devices play a crucial role in enhancing the efficiency and reliability of renewable energy systems, presenting significant opportunities for market expansion.

Asia Pacific holds the largest market share in the supercapacitor industry; countries such as China, Japan, and South Korea were prominent players in this region. The rapid industrialization, adoption of Electric Vehicles (EVs), and the integration of renewable energy sources contributed significantly to the growth. Additionally, the presence of major manufacturers and the increasing demand for consumer electronics further boosted the market's prominence in APAC. Moreover, North America is fastest growing region in the supercapacitor market. The region's focus on electric transportation, renewable energy, and grid infrastructure projects contributed to this growth. The United States, in particular, saw an uptick in supercapacitor adoption, driven by advancements in EV technology and energy storage solutions. Initiatives promoting sustainable energy and government incentives also played a pivotal role in accelerating market growth.

Report Scope of the Super Capacitor Market:

Segment Covered

The report on global super capacitor market covers segments such as type, material, module, and end user. On the basis of type, the sub-markets include double-layer capacitor, pseudocapacitors, and hybrid capacitors. On the basis of material, the sub-markets include activated carbon, carbide derived carbon, and carbon aerogel. On the basis of module, the sub-markets include less than 10 volts modules, 10 volts to 25 volts modules, 25 volts to 50 volts modules, 50 volts to 100 volts modules, and above 100 volts modules. On the basis of end user, the sub-markets include automotive, industrial, consumer electronics, aerospace, defense, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Maxwell Technologies, Skeleton Technologies, Eaton, Quantic Evans, Panasonic Industry Co., Ltd., Nippon Chemi-Con Corporation, KEMET Corporation, Murata Manufacturing Co., Ltd., Tecate Group, and KYOCERA AVX Components Corporation.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the super capacitor market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.