Super Capacitor Market – Size, Share, Trends, Growth, Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Global

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Super Capacitor Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Introduction:

Super capacitors are known as electric double layer capacitor which are capable in storing a large amount of energy. These are made up of electrodes, covered with a layer of carbon to increase its surface area, as it is electro chemical in nature and has a relatively high energy density than other capacitors or batteries which had a high power capacity, longer life cycle, and fast charging option than batteries. these super capacitors are also used in applications like involving solar power, batteries, battery back-up, and flashlights.

Global Super Capacitor Market Size & Growth:

The global super capacitor market is accounted for $0.93 billion in 2018 and it is expected to attain $XX billion by 2026 with a CAGR of XX% during the forecast period. Drivers that influencing super capacitor market growth are high storage capabilities as compared to conventional capacitors and strict regulatory requirements tends to increase the market growth. On the flip side, high initial cost of materials and well-establish battery market are some major challenges facing in super capacitor market which leads to hamper the market growth. Use of activated carbon to increase adoption of super capacitors and growing need of super capacitors for automotive industry in developing countries are becoming opportunities of super capacitor market in future.

Global Super Capacitor Market Segments:

The global super capacitor market is segregated into type, material, vertical, application and region. Based on type, the market is segmented into pseudo capacitors, double-layer capacitor, hybrid capacitors. Among all these pseudo capacitors holds the largest growth among all the segments. Because they are used in portable and handheld products. Pseudo capacitors is the perfect solution and can be used in applications which require less heavy-duty charging cycling such as laptops, UPS devices, or other power backup applications becomes a major trend driving the global market scenario. Also hybrid capacitor is projected to attain enormous growth in the future due to these have a special ability to deliver high

Super Capacitor Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
output in a short time which helps in faster acceleration to car within a few minutes of charge, so this is the major reason for growth in automobile sector.

Based on material, the market is segmented into activated carbon, carbide derived carbon, carbon aerogel, graphite, metal oxides, conductive polymers, others. Among all these carbon aerogel holds the largest growth among all the segments. Due to carbon aerogels are used to store hydrogen and electrical energy in future and their surface area and electrical conductivity is highly acceptable by the nature which is major trend driving the global market scenario.

Based on vertical, the market is classified into aerospace and defense, medical, energy, automotive, industrial, consumer electronics. Among all these the consumer electronics segment holds the largest share. Due to increase in demand for convenient, smart, and sustainable devices in consumer electronics. Consumer electronic devices, such as laptop and camera require electric power backup that has long-life cycle, and super capacitors fulfill this need of the consumer electronics which extends the market value.

Based on application, the market is segmented into audio systems, laptops, cameras, video cameras, flash cameras, solar watches, smoke detectors, power backup systems, memory devices, sram, ram, engines, ups, solid-state disc drivers, electrical vehicles (evs) and hybrid electrical vehicles, trains and locomotives, buses, aircrafts, others. Among all these laptops is anticipated to be the fastest-growing application sector as Due to increasing use of laptops in various verticals such as consumer electronics, medical, and industrial is the reason for its high growth. As laptops requires energy storage device with quick charging capability and the super capacitor fulfills this requirement which helps in boosting the market growth in the forecast period.

Based on geography, global super capacitor market is divided into Europe, North America, Asia Pacific, South America and Middle East and Africa. Among these Asia Pacific is anticipated to be the fastest growing market over the forecast period due to increasing startups in

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Super Capacitor Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
this region and installation of energy storage systems in smart grid projects in Japan, South Korea, and Singapore as well as renewable projects in Australia which leads the market growth in future. China holds the largest share in this super capacitor market as many of the busses in this region are incorporated with these semiconductors in start and stop buttons which initially reduces the work load on the battery and hence improves the battery life which are the few dynamics that are driving the market

Global Super Capacitor Market Trends:

  • February 2017 – Maxwell technologies announced that it has entered into an agreement with Nesscap Energy Inc. to acquire the whole business assets of the company.
  • July 2017 – Panasonic Corporation bridged the gap between batteries and super-capacitors with its newly developed Energy Polymer Capacitor reaching energy densities.

Global Super Capacitor Market Research Report:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
  • Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
  • Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Maxwell Technologies, Inc.
  • Evans Capacitor Company
  • AVX Corporation
  • Panasonic Corporation
  • Nippon Chemi-Con Corporation

Along with these companies, there were many other companies considered/ cited in the report while analyzing the super capacitor market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. other players have considerable presence owing to its robust brand image, geographical reach, and strong customer base.

 

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