USD 3.8 billion
Supercapacitor Market Size, Share, and Growth Analysis
Supercapacitor Market By Type (Double-Layer Capacitor, Pseudocapacitor), By Electrode Material (Carbon, Metal Oxide), By Application (Automotive, Energy), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20D2132 |
Region:
Global |
Published Date: March, 2025
Pages:
202
|Tables:
66
|Figures:
77
Format -
Supercapacitor Market Insights
Supercapacitor Market size was valued at USD 3.8 billion in 2023 and is poised to grow from USD 4.73 billion in 2024 to USD 27.51 billion by 2032, growing at a CAGR of 24.6% during the forecast period (2025-2032).
The major driver of the global supercapacitor market growth has been the increased demand for sustainable and energy-efficient energy storage solutions. Efforts are now focused on using supercapacitors in regulating intermittent power output from sources such as solar and wind, where companies are increasingly becoming reliant on renewable energy sources. This adaptation can be called the application of these supercapacitors, which include electric vehicles (EVs), consumer electronics, and energy storage systems. They either match the application with a high modulation potential or receive rapidly burst energy input and charge/discharge at the corresponding instant. The increasing usage of electric vehicles has also resulted in demand, as supercapacitors may prove that they prolong battery lives and enhance energy efficiencies. They would also bring regenerative braking to store and reuse energy in the system. Besides, the high-power loads and the compact potency of supercapacitors needed for consumer electronics such as laptops and smartphones have also driven up demand.
Some of the global supercapacitor market trends are the merging of lithium-ion batteries with supercapacitors to create hybrid energy storage systems that incorporate the advantages of both technologies. Another area of growth is innovation in supercapacitor designs and materials, which include the usage of graphene and carbon-based materials. Sustainability and low carbon footprints are also contributing to this development. These developments would improve performance and energy density and thus expand the variety of applications, driving market growth.
US Supercapacitor Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Low Voltage
Fastest Growth
Medium Voltage
Growth Rate
24.6% CAGR
Global Supercapacitor Market ($ Bn)
Country Share for Asia-Pacific (%)
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Supercapacitor Market Segments Analysis
Global Supercapacitor Market is segmented by Type, Electrode Material, Application and region. Based on Type, the market is segmented into Double-Layer Capacitor, Pseudocapacitor and Hybrid Capacitor. Based on Electrode Material, the market is segmented into Carbon, Metal Oxide, Conducting Polymers and composites. Based on Application, the market is segmented into Automotive, Energy, Consumer Electronics, Industrial, Aerospace and Medical. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Type
Based on the 2024 global supercapacitor market analysis, since the double-layered capacitor category has the ability to provide a steady source of energy for short durations, it is expected to have the largest market share in supercapacitors. These capacitors prove to be somehow efficient in replacing the conventional batteries in those applications where rapid energy bursts can be required frequently. Double-layer capacitors have very fast charge/discharge characteristics along with longer lives and advanced safety parameters, making them the future of replacement for traditional batteries in consumer products such as foldable phones, PCs, laptops, and smart wearables. They are also believed to be more eco-friendly as they are more recyclable and have fewer hazardous chemicals compared to their conventional battery counterparts.
Due to their ability to facilitate an increase in power density rise and an increase in overall efficiency in energy storage systems, pseudo capacitors have been popular in the global supercapacitor industry. Pseudo capacitors prove themselves to be more effective in storing energy through their electrochemical processes as compared to other supercapacitors. Pseudo capacitors are used in upgradeable capacities within most batteries. Their inclusion results in better electrical flow control and greater storage capacity. They provide a competitive alternative to the traditional storage technologies and are in common use across different sectors-from grid storage and automotive applications, to renewable energy systems demanding reliable storage solutions.
Analysis By Voltage Rating
As per the 2024 global supercapacitor market forecast, the industry has been dominated by low voltage supercapacitors due to extensive use in less power storage applications. These are particularly suited to compact industrial systems, portable electronics, and consumer electronics. They have a good proficiency in low power devices such as wearables, laptops, tablets, smartphones, and remote sensors. They are used because of quick charge/discharge cycles, longer lifetimes, and higher reliability in common electronic appliances. Low-voltage supercapacitors continue to be highly demanded as consumer electronics evolve further with new functions. Their commercial superiority is further supplemented by the environmental benefits; they are recyclable and have no toxic parts.
The medium voltage segment is expected to grow due to the increasing use of supercapacitors in more power-intensive applications. Medium voltage supercapacitors are mainly used in grid management applications, renewable energy systems, and in electric vehicles. As these capacitors provide a reasonable balance between high energy density and the ability to charge/discharge rapidly, they form a compromise so suitable for applications that demand both rapid power spiking and constant energy storage. Medium voltage supercapacitors are crucial for stabilizing energy production from renewable grids, distributing power to large scale industrial systems and improving the efficiency and performance of regenerative braking systems in electric vehicles. This growth is propelled by increasing demand for efficient and sustainable energy solutions.
Global Supercapacitor Market By Voltage Rating
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Supercapacitor Market Regional Insights
In 2024, Asia-Pacific became the largest regional contributor to the supercapacitor market. Industrialization and infrastructural developments in China are predicted to create demand for supercapacitors there. With China being the largest automobile producer in the world at a low cost, the supercapacitor market for automotive applications continues to grow. Moreover, it has been found that Japan and South Korea are increasing their manufacturing sectors that will eventually create new markets. As a result, the manufacturing activities in this region will be increased. In this way, the region will have a big market for supercapacitor devices.
In the projection period, the supercapacitors' market is expected to be dominated by North America. The region is predicted to grow at a CAGR of 12% during the projection year. The dominance of the regional market could be because of the rising importance of renewable energy. The United States is anticipated to contribute the most to the growth of the regional market. According to the International Renewable Energy Agency, IRENA, in the same year, the United States of America installed 29 gigawatts of renewable energy, 80% up. This comprises about 14 gigawatts of wind energy and 115 gigawatts of solar energy.
Global Supercapacitor Market By Geography
- Largest
- Fastest
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Supercapacitor Market Dynamics
Supercapacitor Market Drivers
Increased Demand for Electric Cars (EVs)
-
The growing demand for electric cars is one of the key drivers for the global supercapacitor market. EVs use supercapacitors for regenerative braking, which enhances energy efficiency and provides short power bursts. As the EV industry grows, the need for supercapacitors and other advanced energy storage technologies increases, which drives innovation and acceptance.
Hybrid Renewable Energy Systems
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Supercapacitors are becoming an inevitable part in any renewable energy storage system because of their ability to store and release energy rapidly. Supercapacitors are increasingly being used with increasing Renewable Energies to obtain power fluctuations stabilization of grid systems and enhance the efficiency of the whole energy storage system. These include solar and wind power.
Supercapacitor Market Restraints
Expensive Production Costs
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One of the key challenges in business expansion is the cost of manufacturing supercapacitors, especially with high energy density or high voltage. It might be impossible to use such materials as graphene and carbon-based electrodes on a large scale, mainly because they can be expensive, especially for companies that care much about cost.
Low Energy Density Compared to Batteries
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Supercapacitors have a faster charge/discharge rate than traditional batteries, but their energy density is limited. This has put a constraint on the use of this technology in applications where long-term energy storage is required, such as large-scale grid storage and portable devices, for which batteries are still the go-to choice.
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Supercapacitor Market Competitive Landscape
Major players in the global supercapacitor market include Panasonic Corporation, Maxwell Technologies (now part of Tesla), Nesscap Energy, CAP-XX, and LS Mtron. These companies focus on new technologies, such as increased energy density and faster cycles for charging and discharging. They also invest in alliances, acquisitions, and research to strengthen their market positions. New ideas are coming from startups and smaller firms in specialized markets, which increases the dynamic competitive environment.
Top Players in Supercapacitor Market
- Panasonic Corporation (Japan)
- Nippon Chemi-Con Corporation (Japan)
- Skeleton Technologies (Estonia)
- Yunasko (Ukraine)
- AVX Corporation (USA)
- ELNA Co. Ltd. (Japan)
- CAP-XX Limited (Australia)
- Murata Manufacturing Co. Ltd. (Japan)
- Supreme Power Solutions Co. Ltd. (China)
- Tesla Inc. (USA)
- WIMA Group (Germany)
- XG Sciences (USA)
- Jianghai Capacitor Co. Ltd. (China)
- Paper Battery Company Inc. (USA)
- TDK Corporation (Japan)
- VINATech Co. Ltd. (South Korea)
Supercapacitor Market Recent Developments
- Godi India, in September 2022, announced plans to create supercapacitors that will boost the longevity of EV batteries. The sophisticated plant will produce the country's first 3000F (farads) high-power supercapacitors. It will also serve as a commissioning step for 200 kWh of the supercapacitors production plant, intended for other local and overseas applications.
- Kyocera AXA introduced a range of pouch-style supercapacitors, in August 2022, which are intended to decrease surge batteries' current. These capacitors can be used with primary or secondary batteries; otherwise, they can work alone as a backup power source for the system, sometimes even substituting for batteries.
- CAP-XX Limited and Iconic Industries signed a joint venture, in May 2022, that aims at commercializing rGO for the use in supercapacitors and other forms of energy storage devices, among other novel forms of graphene designed for various markets. On behalf of the joint venture, CAP-XX will fabricate and distribute energy storage products and supercapacitors in the market with the CAP-XX brand label.
Supercapacitor Key Market Trends
- Hybrid Capacitors for Efficiency Improvement: Hybrid capacitors, which integrate the best properties of batteries and supercapacitors, are gaining more widespread usage in high-power applications. For energy storage systems such as electric cars and industrial machinery, hybrid capacitors are a better choice since they merge higher energy density with fast charge/discharge rates. The lifetimes and efficiency of electric cars, renewable energy systems, and other power-intensive applications are enhanced through these capacitors that offer efficient energy transmission and storage.
- Technological and Material Developments: The latest research in the forefront materials such as graphene and carbon nanotubes are driving some of the important breakthroughs into supercapacitor performance. These materials will make supercapacitors more appealing to various industries through better energy densities, long life cycles, and low cost of production. As these technologies advance, these technologies have a potential to fully transform energy storage options by being more efficient, smaller in size, and establishing new markets in large-scale grid storage and electric cars.
Supercapacitor Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global supercapacitor market outlook is anticipated to change strongly with the increase in demand for sustainable and effective energy storage solutions. Material innovation, such as graphene and carbon nanotubes, the popularity of electric cars, and renewable energy sources, are all motivating factors. With the higher energy density and quick charge/discharge time, hybrid capacitors are now one of the growing trends. These have more application requirements, which consume lots of power. However, if some hurdles come like costly production cost and energy density less than a battery, those challenges can be easily handled through constant R&D processes. The market is expected to grow with the increasing use of supercapacitors in a variety of sectors, such as consumer electronics, energy, and automotive industries. This shall open new avenues for leading-edge energy storage solutions.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.8 billion |
| Market size value in 2032 | USD 27.51 billion |
| Growth Rate | 24.6% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Supercapacitor Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Supercapacitor Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Supercapacitor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Supercapacitor Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Supercapacitor Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Supercapacitor Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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