Supercapacitor Market - By Type (Electrostatic Double-Layer Capacitor (EDLC), Pseudo-Capacitor, Hybrid Capacitor), By Electrode Material (Carbon-based Supercapacitor, Metal Oxide-based Supercapacitor), By Application & Forecast, 2021-2027

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.
 

To get more details on this report: Request Free Sample PDF
 

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

To get more details on this report: Request Free Sample PDF
 

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

To get more details on this report: Request Free Sample PDF
 

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 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:

Click here to Buy Section of this Report

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