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Supercapacitor Market Size By Type (Electrostatic Double-Layer Capacitor (EDLC), Pseudo-Capacitor, Hybrid Capacitor), By Electrode Material (Carbon-based Supercapacitor, Metal Oxide-based Supercapacitor, Conducting Polymer-based Supercapacitor, Composite-based Supercapacitor), By Application (Consumer Electronics & Home Appliances, Automotive & Transportation, Energy & Utilities, Industrial, Aerospace & Defense), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

  • Report ID: GMI3732
  • Published Date: Dec 2021
  • Report Format: PDF

Industry Trends

Supercapacitor Market size surpassed USD 2 billion in 2020 and is anticipated to grow at over 15% CAGR during 2021 to 2027. The industry to foresee growth due to the increasing adoption of industrial robotics and automation technology in the manufacturing sector.
 

Supercapacitor Market

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The industrial robot installation in North America is slated to rise by 17% to nearly 43,000 units while in Europe it is estimated to rise by 8% to around 73,000 units. The increased global penetration of automated robotics solutions in manufacturing facilities will support the demand for supercapacitor through 2027.
 

The COVID-19 outbreak had a negative impact on the supercapacitor market, resulting in the closure of several capacitors like these and electrode material manufacturing plants. Owing to supply chain interruptions, these manufacturers faced a number of issues including scarcity of raw materials and limited financial support.
 

Growing acceptance of Electrostatic Double-Layer Capacitor (EDLC) in the energy sector

EDLC accounted for more than 65% of the supercapacitor market share in 2020 and is projected to witness about 14.5% gains through 2027. The industry growth is driven by several high-end features offered such as low pollution, maintenance-free, long operating life, and high efficiency. Several manufacturers based in the U.S. are emphasizing on developing innovative products with enhanced internal resistance to increase their market footprints.
 

Rising demand for portable electronic devices

UK Supercapacitor Market Size, By Electrode Material

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The carbon-based material segment in the supercapacitor market held 60% of revenue share in 2020 and is estimated to attain a CAGR of 14% from 2021 to 2027. The market expansion is driven by an increasing demand for high-energy storage capacity in consumer electronics such as smartphones, tablets, and laptops, among others. Several players are focusing on developing high performing materials to serve the growing industry.
 

Favorable government initiatives to promote domestic automotive manufacturing

India Supercapacitor Market Share, By Application

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The automotive & transportation sector captured above 35% of the supercapacitor market share in 2020 and is poised to expand at more than 15% growth rate through 2027. The industry progression can be credited to rising government initiatives to support domestic automotive and  component manufacturing. The components covered under this scheme include supercapacitor, sensors, electric steering systems, and automatic braking systems, among others.
 

Increased investments to support clean energy adoption

Asia Pacific Supercapacitor Market Size, By Countries

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Asia Pacific region held 45% of market revenues in 2020 and is predicted to register growth of 17% during the forecast period. The market demand is attributed to increasing acceptance of key initiatives in Asian countries, such as China, India, and Japan, to promote the establishment of clean energy power plants.
 

Focus on new strategic initiatives to remain competitive in the industry

Key players in the supercapacitor market include KYOCERA AVX Components Corporation, Eaton, Evans Capacitor, and Loxus Inc. These leaders are extensively focusing developing strategic partnerships and acquisitions to spur their product offerings and cater to the market instinct.
 

This market research report on supercapacitor includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:

Market, By Type

  • Electrostatic Double-Layer Capacitor (EDLC)
  • Pseudo capacitor
  • Hybrid capacitor

Market, By Electrode Material

  • Carbon-based supercapacitor
  • Metal oxide-based supercapacitor
  • Conducting polymer-based supercapacitor
  • Composite-based supercapacitor

Market, By Application

  • Consumer electronics & home appliances
  • Automotive & transportation
  • Energy & utilities
  • Industrial
  • Aerospace & defense
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • GCC
    • South Africa
       
Authors: Preeti Wadhwani, Prasenjit Saha

Frequently Asked Questions (FAQ) :

The market for supercapacitor surpassed USD 2 billion in 2020 and will exhibit CAGR of over 15% through 2027, says this GMI report.

Automotive & transportation application of supercapacitors is poised to witness 15% gains up to 2027 with rising government initiatives to support domestic automotive and automotive component manufacturing.

Carbon-based material segment will record a growth rate of around 14% till 2027 with the increasing application in high-energy storage capacity in consumer electronics such as smartphones, tablets, laptops, etc.

Asia Pacific market will observe a CAGR of over 17% through 2027 with increasing initiatives in the regional countries to promote the establishment of clean energy power plants.

Key players active in the industry include KYOCERA AVX Components Corporation, Eaton, Evans Capacitor, and Loxus Inc., among others.

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 22
  • Tables & Figures: 245
  • Countries covered: 17
  • Pages: 250

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