According to a new market report published by Lucintel, the future of the supercapacitor market looks promising with opportunities in the transportation, industrial, consumer electronics, and energy industries. The global supercapacitor market is expected to reach an estimated $3.7 billion by 2027 with a CAGR of 15% from 2021 to 2027. The major drivers for this market are increasing production of electrical vehicles, growth in portable electronics, and superior properties of supercapacitors, such as high energy density, long lifecycles, and power stabilization, as compare to conventional power storage devices.
In this market, double layer capacitors, pseudocapacitors, and hybrid capacitors are used for the energy storage purpose. Lucintel forecasts that double layer capacitors will remain the largest segment due to increasing usage of double layer capacitors in regenerative braking systems of electric vehicles. Lucintel predicts that the demand for hybrid capacitors is expected to witness the highest growth over the forecast period due to higher energy density of hybrid capacitors than double layer capacitors.
Within the supercapacitor market, transportation will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period, supported by the growing demand for supercapacitors in electric vehicles due to the need for fuel efficiency, power stabilization, enhanced vehicle performance, and extended long life expectancy.
Asia Pacific will remain the largest region by value and it is also expected to witness the highest growth over the forecast period due to increasing demand for supercapacitors in automotive, wind, solar, and consumer electronics industries, particularly in China, Japan, and South Korea.
Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for micro supercapacitors and development of high energy density supercapacitors. UCAP Power, Panasonic, Seiko Instrument, CAP XX, Skeleton Technologies, Nippon Chemi, LS Mtron, and Korchip Corporation are among the major supercapacitor manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global supercapacitor market by end use industry, product type, module, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Supercapacitor Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global supercapacitor market by end use industry, product type, module, and region as follows:
By End Use Industry [$M shipment analysis from 2016 to 2027]:
Transportation
Industrial
Consumer Electronics
Energy
Others
By Product Type [$M shipment analysis from 2016 to 2027]:
Double Layer Capacitors
Pseudocapacitors
Hybrid Capacitors
By Module [$M shipment analysis from 2016 to 2027]:
Less than 25V
25-100V
Above 100V
By Region [$M shipment analysis for 2016 – 2027]:
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Asia Pacific
The Rest of the World
This 164-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global supercapacitor market by end use industry (transportation, consumer electronics, industrial, energy, and others), product type (double layer capacitors, pseudocapacitors, and hybrid capacitors), module (less than 25V, 25-100V, and above 100V), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the supercapacitor market?
Q.5 What are the business risks and threats to the supercapacitor market?
Q.6 What are the emerging trends in the supercapacitor market and the reasons behind them?
Q.7 What are some changing demands of customers in the supercapacitor market?
Q.8 What are the new developments in the supercapacitor market? Which companies are leading these developments?
Q.9 Who are the major players in the supercapacitor market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the supercapacitor market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M&A activities did take place in the last five years in the supercapacitor market?