Global Supercapacitor Market

Global Supercapacitor Market Size, Share, Growth Analysis, By Application(Automotive, Energy), By Type(Double Layered Capacitors, Pseudo Capacitors) - Industry Forecast 2024-2031

Report ID: SQMIG20D2132 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 66 | Figures: 77

Global Supercapacitor Market News

  • In September 2022, in its facility in Hyderabad, Godi India, the first business to receive BIS certification for the sale of lithium-ion cells made with domestically developed technology, is now producing 3000F (farads) high-power supercapacitors.
  • In August 2022, for reducing current surge batteries, Kyocera AXA unveiled a line of pouch-style supercapacitors. These capacitors can be used independently as system power backup devices, sometimes taking the place of batteries, or they can be used in conjunction with primary or secondary batteries.
  • In July 2022, A completely automated, digital manufacturing facility to make supercapacitors in Germany was developed, planned, and implemented by Skeleton Technologies and Siemens as a technical partnership. The partnership intends to scale up the manufacture of next-generation supercapacitors by digitizing Skeleton's whole value chain, from supercapacitor cell design to production and services.
  • In May 2022, the formation of a joint venture between CAP-XX Limited and Iconic Industries. This company is responsible for commercializing reduced graphene oxide (rGO) for supercapacitors and other energy storage devices. CAP-XX will use rGO to create and sell supercapacitors and energy storage products on behalf of the joint venture while using the CAP-XX brand.
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FAQs

Global Supercapacitor Market size was valued at USD 455.34 Billion in 2022 and is poised to grow from USD 520 Billion in 2023 to USD 1504.29 Billion by 2031, growing at a CAGR of 14.20% in the forecast period (2024-2031).

Details about each company are included in the supercapacitor market competitive landscape. Included information includes a company overview, financials, revenue generated, market potential, investments in R&D, new market initiatives, geographical presence, corporate strengths and weaknesses, product introduction, product width and breadth, and application domination. The information above only relates to the companies' market-related focus on supercapacitors. 'Maxwell Technologies Inc. (USA)', 'Panasonic Corporation (Japan)', 'Nesscap Energy Inc. (Canada)', 'Nippon Chemi-Con Corporation (Japan)', 'Skeleton Technologies (Estonia)', 'Yunasko (Ukraine)', 'AVX Corporation (USA)', 'ELNA Co. Ltd. (Japan)', 'CAP-XX Limited (Australia)', 'Evans Capacitor Company (USA)', 'Ioxus Inc. (USA)', 'LS Mtron Ltd. (South Korea)', '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)', 'Nesscap Co. Ltd. (South Korea)', 'Paper Battery Company Inc. (USA)', 'TDK Corporation (Japan)', 'VINATech Co. Ltd. (South Korea)'

Supercapacitors are being used in energy storage systems, such as microgrids and energy storage banks, to provide quick and reliable backup power. The growing need for energy-efficient solutions is expected to drive the demand for supercapacitors.

Flexible supercapacitors are being developed that can be integrated into wearable devices and other flexible electronics, driving the growth of the market.

During the anticipated period, the supercapacitor market is anticipated to receive the most support from Asia Pacific. Supercapacitors are likely to be more in demand in China as a result of the country's accelerated industrialization and infrastructure growth. The market for supercapacitors used in the automotive sector is growing since China is the world's largest manufacturer of affordable vehicles. Additionally, it has been noted that South Korea and Japan are developing their manufacturing sectors, which could open up new markets. As a result, it is anticipated that the region's manufacturing activities will increase. As a result, there will be a big market for supercapacitor products in the region.

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