USD 1.34 billion
Supercapacitor Battery Market Size, Share, Growth Analysis, By Application(Automotive, Industrial, Energy, Consumer Electronics), By Product type(Double-Layer Capacitor, Pseudocapacitors, and Hybrid Capacitors and others), By Material(Activated carbon, Carbide Derived Carbon, Carbon Aerogel, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45J2065 |
Region:
Global |
Published Date: July, 2024
Pages:
211
|Tables:
93
|Figures:
79
Supercapacitor Battery Market Insights
Supercapacitor Battery Market size was valued at USD 1.4 billion in 2022 and is poised to grow from USD 1.46 billion in 2023 to USD 2.10 billion by 2031, growing at a CAGR of 4.62% during the forecast period (2024-2031).
Supercapacitor Batteries are becoming popular since they have potential to replace or complement traditional batteries and capacitors in various applications.The applications include automotive, consumer electronics, renewable energy, railways, defense, power industries, EC.
The major advantages of a super capacitor battery includes that it offers high energy density and high power density compared to common capacitor. Along with it, it offers high capacitance, fast charging ability, superior lower temperature performance.The other offerings include long service, long life along with virtually unlimited life cycle and can be cycled millions of time.High reliability of performance reduce size of battery, its weight and consecutive cost has lead to growth of supercapacitor battery. however having higher self discharge rate Compared to other batteries and individual cell low voltages amount of energy storage per unit has affected the growth of the market.
US Supercapacitor Battery Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Double layer capacitor.
Fastest Growth
Double layer capacitor.
Growth Rate
4.62% CAGR
Global Supercapacitor Battery Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Supercapacitor Battery Market Segmental Analysis
Global Supercapacitor Battery Market is segmented on the basis of application, Product type, module type, material and region. By application, the Supercapacitor Battery Market is segmented into Automotive, Industrial, Energy, Consumer Electronics, and Aerospace & Defense. By product type, the Supercapacitor Battery Market is segmented into Double-Layer Capacitor, Pseudocapacitors, and Hybrid Capacitors and others. By material, the Supercapacitor Battery Market is segmented into Activated carbon, Carbide Derived Carbon, Carbon Aerogel, and Others. By region, the Supercapacitor Battery Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Supercapacitor Battery Market Analysis by Product type
By product type, the global market is divided into many segments such as Double-Layer Capacitor, Pseudocapacitors, and Hybrid Capacitors and others. Double-Layer Capacitor segment held largest global Supercapacitor Battery market share due to the wide range of benefits provided by it in various segments.They are considered as the best alternative solutions to the conventional batteries. Applications that requires stable supply of energy over a short period of time can efficiently use double layer capacitor for their effective operation. In consumer electronic applications such as smart wearables, computers, laptops and foldable phones, double layer capacitors are replacing conventional batteries. This wide range of benefits provided by double layer capacitor is helping the Super capacitor battery market to grow.
Global Supercapacitor Battery Market By Type
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Supercapacitor Battery Market Regional Insights
Globally, Asia Pacific is estimated to hold the highest global Supercapacitor Battery market share. Main factors during this growth period are the presence of top market players,increasing demand and others.
Above all, Asia Pacific is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Supercapacitor Battery technology in the region of Asia Pacific and mainly in China and Japan.Industrialisation and rapid infrastructure developments in Asia Pacific has doubled in the last few years.
Global Supercapacitor Battery Market By Region
- Largest
- Fastest
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Supercapacitor Battery Market Dynamics
Supercapacitor Battery Market Drivers
Rise of Renewable Energy Resource Plants to Bolster Market Growth
- As every country across the globe is aiming to achieve the zero carbon emission means and transitioning towards the sources of clean energy, there is a significant rise in their establishment of renewable energy power plant across worldwide. Supercapacitor batteries are used in various energy storage system as they can offer high power density than the normal batteries and more energy density as compared to The traditional capacitors. Moreover, the Super capacitors also provide high specific capacitance and high electrical stability for efficiently sustaining microgrids. These increasing demands for renewable energy solution is driving the growth of supercapacitor market.
Supercapacitor Battery Market Restraints
High Discharge Rate to Hinder Market Growth
- The discharge rate of supercapacitor is significantly higher than the lithium ion batteries which makes them major concern for long term energy storage application of it.The voltage output of supercapacitor declines linearly with their charge, while other batteries provide near constant voltage output until spent.This makes super capacitors and unreliable for applications that require constant energy supply for long period of time in future.
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Supercapacitor Battery Market Competitive Landscape
Competition in the global Supercapacitor Battery market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of devices compatible with Supercapacitor Battery will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years.
Supercapacitor Battery Market Top Player’s Company Profiles
- Maxwell
- NEC TOKIN
- Nesscap
- AVX
- ELNA
- Nippon Chemi-Con
- Ioxus
- Nichicon
- Shenzhen Technology Innovation Green
- VinaTech
- Jinzhou Kaimei Power
- Samwha
- Harbin Jurong Newpower
- Ningbo CRRC New Energy Technology
- Beijing HCC Energy
- Jianghai Capacitor
- Supreme Power Solutions
- Shanghai Aowei Technology
- Heter Electronics
- CAP-XX
Supercapacitor Battery Market Recent Developments
- In September 2022, Godi India, the first company to get BIS certification to sell lithium-ion cells made with home-grown technology, is now the first to manufacture 3000F (farads) high-power supercapacitors at its Hyderabad facility.
Supercapacitor Battery Key Market Trends
- There is a major trend of using the Super capacitors for Fast used for purpose. It can charge and deliver energy rapidly than traditional batteries that perform the same function in much slower manner. The Super capacitors are equipped with electrodes and electrolytes and can charge and discharge quickly over a LA very large number of cycles which can make them feasible substitute for conventional batteries in number of applications.
Supercapacitor Battery Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Supercapacitor Battery market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits such as it offers high energy density and high power density compared to common capacitor.Along with it, it offers high capacitance, fast charging ability, superior lower temperature performance.The other offerings include long service, long life along with virtually unlimited life cycle and can be cycled millions of time.High reliability of performance reduce size of battery, its weight and consecutive cost has lead to growth of supercapacitor battery. Supercapacitor Batteries will enable devices to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.34 billion |
| Market size value in 2031 | USD 2.01 billion |
| Growth Rate | 4.62% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| 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 Battery 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 Battery 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 Battery 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 Battery 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 Battery Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Supercapacitor Battery 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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