Dublin, Dec. 07, 2023 (GLOBE NEWSWIRE) -- The "Supercapacitors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Supercapacitors Market to Reach $3.2 Billion by 2030
The global market for Supercapacitors estimated at US$822.8 Million in the year 2022, is projected to reach a revised size of US$3.2 Billion by 2030, growing at a CAGR of 18.3% over the analysis period 2022-2030.
The global supercapacitor market is experiencing growth and increased competition among key players. Supercapacitors are gaining prominence as efficient energy storage solutions beyond conventional batteries. With the growing demand for energy storage technologies to sustain high energy consumption, the global energy storage deployments have been increasing over the years.
Double Layer, one of the segments analyzed in the report, is projected to record 15.9% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Pseudocapacitor segment is estimated at 19.1% CAGR for the next 8-year period. Within the supercapacitor market, double-layer capacitors and metal oxide capacitors are trending segments, showcasing the market's dynamism and potential for innovation. Regional analysis highlights the significance of the US as a key market for supercapacitors.
Recent industry activity indicates ongoing developments and investments by select global brands in the supercapacitor market, further contributing to its growth and competitiveness.
The U.S. Market is Estimated at $160.6 Million, While China is Forecast to Grow at 22.9% CAGR
The Supercapacitors market in the U.S. is estimated at US$160.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$955.8 Million by the year 2030 trailing a CAGR of 22.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 13.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 349 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $822.8 Million |
| Forecasted Market Value (USD) by 2030 | $3200 Million |
| Compound Annual Growth Rate | 18.5% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Growing Importance of Backup Power Drives Demand for Supercapacitors in UPS
- Lost Economic Value Due to Power Outages Pushes Up the Monetary Value of Electricity Reliability & the Significance of Supercapacitors in Offering Backup Power: Value Lost Due to Electrical Outages as a % of Sales of Affected Firms
- Growing Demand for Electric Power Backup Capabilities Drives Interest in the Benefits Offered by Supercapacitors: Global Back-Up Power Market (In US$ Billion) for the Years 2018, 2020, 2022, 2024, and 2026
- Automobile "Electronification" & Rapid Uptake in EVs & HEVs Drive Focus on Supercapacitors
- Electric Micromobility Rises in Prominence Amid Covid-19 Pandemic
- Rapid Uptake of EVs as Evidenced by the Expanding Fleet Size Drives Focus on Developing Better Energy Management Solutions to Increase Energy Efficiency & Operating Range of EVs: Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 and 2025P
- Global Electric Heavy Duty Vehicles Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
- New Generation High-Energy Low-Cost Supercapacitors to Promote Green Transportation
- Pandemic Impact on Electric Vehicles Market
- Rise of Microgrids & Increased Integration of Renewable Energy in the Energy Mix Pushes Up the Importance of Efficient Energy Storage Solutions: Supercapacitors Find Use as Resiliency Enhancers in Microgrids
- Growing Share of Renewable Energy in the Global Power Mix Creates an Urgent Need for Efficient Energy Storage Solutions for Utilities: Wind and Solar Installed Capacity (GW) for the Years 2011, 2017, 2020 and 2022
- A Note on Renewable Energy Programs in Select Countries
- Targets for Electricity Production from Renewable Energy Sources Worldwide by Country
- Hybridization of Combustion Engines in Heavy Industrial Machinery & Industrial Automation to Spur Adoption of Supercapacitors
- Growing Investments in Warehouse & Industrial Automation Brings Supercapacitors into the Spotlight for Reliable Power Storage & Delivery: Global Warehouse Automation & Industrial Robots Market (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
- Rising Renewable Energy Investments Drive Parallel Demand for Storage Solutions that Address Grid Stability & Power Quality Issues
- Supercapacitors Step In to Replace Chemical Batteries in Solar Energy Infrastructure
- Supercapacitors Gain Traction in Pitch Control Applications in Wind Energy Facilities
- As Clean Technologies Emerge to the Forefront, Electric Double-Layer Capacitors (EDLCs) Will Rise in Prominence for Renewable Energy Applications: Global Investments in Clean Energy (In US$ Billion) for the Years 2014, 2016, 2018 & 2020
- A Robust Consumer Electronics Industry Favors Complementary Integration of Supercapacitors With Batteries
- As Digital Consumerism Gains Ground & Ubiquitous Power Source Become All Important, Supercapacitors Bring the Hope of Filling-In the Performance Gap of Lithium Batteries: Global Consumer Electronics Market (In US$ Billion) for the Years 2018 through 2024
- Rising Demand for Consumer Electronics amid Expanding Internet User Base & Consumer Appetite for Digital Media Spells Opportunities
- Smart Home: Major Opportunity for Consumer Grade Supercapacitors
- Driven by Focus on Convenience, Comfort and Energy Savings, the Rising Proliferation of Smart Homes Presents Steady Growth Opportunities for Supercapacitors Market: Growth in Total Number of Smart Homes (In Millions) for the Years 2019, 2021, 2023, 2025 & 2026
- Search for Superior Alternatives to Batteries Drives Applications of Supercapacitors in Medical Implants
- Biological Supercapacitors Attract Significant R&D Interest
- A Strong Medical Implants Market Supported by Growing Disease Burden Offers a Fertile Environment for the Development of Battery-Free Implantables
- The Rise of Electronic Wearables Brings New Foldable, Flexible Supercapacitors Into the Spotlight
- Global Electronic Wearables Shipments (In Million Units) for Years 2020, 2022, 2024 & 2026
- Development of Light Metro Rail as Part of Public Transportation Infrastructure Drives Demand for Ultracapacitors
- Development of Newer Materials to Accelerate Commercialization of Supercapacitors
- Graphene Supercapacitors: Future Prospects
- Graphene Integrated Supercapacitors to Augment Energy Storage Challenging Batteries
- Advancements Revolutionising Battery Technology
- Flexible and Lightweight Supercapacitors Provide Top Performance under Extreme Load
- Unlocking New Opportunities with Flexible Supercapacitors
FOCUS ON SELECT PLAYERS(Total 74 Featured)
- CAP-XX Ltd.
- Eaton Corporation plc
- ELNA CO., LTD.
- KEMET Corporation
- KYOCERA AVX Components Corporation
- Maxwell Technologies Inc.
- Murata Manufacturing Co., Ltd.
- Nippon Chemi-Con Corporation
- Panasonic Industry Co., Ltd.
- Seiko Instruments Inc.
- Shanghai Aowei Technology Development Co. Ltd.
- SPEL TECHNOLOGIES PRIVATE LIMITED
- SYSTEMATIC POWER MANUFACTURING, LLC
- Tecate Group
- VINATech Co.,Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/rza5al
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