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Supercapacitor Market Size

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

Supercapacitor Market Size

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.

 

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.
 

 

Authors: Suraj Gujar

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.

Supercapacitor Market Scope

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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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