Supercapacitors Statistics 2025 By The Best Energy Component

Introduction

Supercapacitors Statistics: A supercapacitor, also known as an ultracapacitor is an advanced energy storage device and a specialized high-capacity capacitor designed to store electrical energy by separating charges at an electrochemical interface.

Unlike traditional batteries, which depend on chemical reactions, supercapacitors store energy electrostatically, enabling rapid charge and discharge cycles.

It possesses a significantly higher capacitance value than solid-state capacitors but has lower voltage limits.

Supercapacitors excel in achieving rapid full charging and discharging, even under adverse conditions, including temperatures a few degrees below freezing.

They are efficient short-term backup power sources, ensuring uninterrupted power supply through supercapacitor circuits.

Additionally, supercapacitors offer advantages such as delivering peak power and acting as backup energy storage.

Effectively extending the life of batteries and reducing the overall size, weight, and cost of batteries, especially in extreme temperatures.

Editor’s Choice

• In 2022, the supercapacitor market revenue is estimated to be approximately $4.7 billion, expected to rise to $5.7 billion in 2023.
• In the Asia-Pacific (APAC) region, supercapacitors command the largest share at 37.80%, underscoring their prominence in this dynamic market.
• The electric vehicle (EV) market has witnessed remarkable growth. With sales projected to reach 10.6 million units in 2022, a 57% increase from the previous year.
• AVX Corporation holds a share of 13%, while Panasonic Corporation closely follows with a 14% share.
• The industrial sector holds the largest share at 30.10%. Followed closely by the energy sector at 22.21%, and consumer electronics at 22.20%.
• Lead Acid VRLA has the highest value at $0.47, indicating its prominence.
• Directors and Vice Presidents (VPs) make up 15.00% of the market, while Managers constitute the largest share at 35.00%.
• In the eastern region of India, supercapacitors hold a market share of 15.11%, while the western region accounts for 22.70%.
• In the realm of consumer electronics, supercapacitors hold a share of 10%. Energy and utilities represent a significant portion with a market share of 34.00%.
• In the year 2020, in the distribution of capacitor materials. Carbon-based capacitors held the majority share at 60%, followed by material-based capacitors at 19%.
• The kinetic energy recovery system (KERS) segment will make up nearly 12% of the $7 billion market in 2028.

Supercapacitors Market Size Statistics

• The revenue generated from the global supercapacitors market is projected to experience substantial growth over the coming years.
• In 2022, the market revenue is estimated to be approximately $4.7 billion, expected to rise to $5.7 billion in 2023.
• The trend of steady growth continues, with projected revenues of $6.7 billion in 2024 and $8.4 billion in 2025.
• As we look further ahead, the market is anticipated to reach $10.4 billion in 2026 and $12.2 billion in 2027.
• The growth trajectory remains strong, with revenue estimates of $13.8 billion in 2028, $16.6 billion in 2029, and $19.6 billion in 2030.
• By 2031, the supercapacitors market is predicted to reach $23.7 billion and is expected to continue its ascent to $29.2 billion in 2032, underlining the increasing significance and adoption of supercapacitor technology in various industries and applications.

(Source: Market.us)

Supercapacitors End-Use Industry Statistics

• The market share for end users is distributed as of the year 2016.
• The industrial sector holds the largest share at 30.10%, followed closely by the energy sector at 22.21%, and consumer electronics at 22.20%.
• The automotive sector accounts for 22.17% of the market share, while other sectors comprise a smaller portion at 3.32%.

(Source: Businesswire)

Supercapacitors Industry Growth Drivers Statistics

• The electronic industry plays a major role in propelling the growth of the supercapacitor market, given the widespread utility of these energy storage devices in laptops, PDAs, portable media players, GPS systems, photovoltaic systems, and handheld devices.
• Notably, in 2022, the government’s endorsement of a substantial (Rs. 19,500 crores) approximately USD 2,357.6 million photovoltaic (PV) manufacturing-related Production Linked Incentive (PLI) scheme marked a significant milestone.
• Reinforcing this trajectory, the appliances and consumer electronics industry will mark a remarkable growth, by 2025, it is anticipated to reach USD 21.18 billion (Rs. 1.48 lakh crore) more than doubling its 2021 figures.
• Moreover, the government holds ambitious forecasts for India’s electronics manufacturing sector, by 2024-2025 envisioning it to attain a substantial USD 300 billion which will be nearly (Rs 2.25 crore).
• This underscores the pivotal role of the electronics industry in steering the upward trajectory of the supercapacitors market.

(Source: Techsciresearch)

Regional Supercapacitors Statistics

• The market share for supercapacitors is distributed across various global regions, each with its respective percentage.
• In the Asia-Pacific (APAC) region, supercapacitors command the largest share at 37.80%, underscoring their prominence in this dynamic market.
• Europe follows with a substantial market share of 18.40%, while North America maintains a strong presence with a share of 30.60%.
• Latin America and the Middle East & Africa (MEA) regions contribute 6.90% and 6.30%, respectively, completing the regional distribution of the supercapacitors market on a global scale.

(Source: Market.us)

Supercapacitor Market Growth Trends Statistics

• Maxwell Technologies introduced an innovative solution by combining a lead-acid battery with a supercapacitor.
• They offer a range of supercapacitor-based modules designed to withstand extreme temperatures, with an impressive operating range of up to 3000°F. These supercapacitors have garnered significant traction, finding applications in hybrid start-stop systems with over 600,000 units sold.
• The electric vehicle (EV) market has witnessed remarkable growth, with sales projected to reach 10.6 million units in 2022, a 57% increase from the previous year.
• This surge includes 8 million battery electric vehicles (BEVs) and 2.6 million plug-in hybrid electric vehicles (PHEVs).
• Looking ahead, it’s anticipated that by the end of 2022, the global EV count will approach 27 million, predominantly comprised of 70% BEVs and 30% PHEVs, underscoring the escalating adoption of electric mobility solutions.

(Source: Marketresearchfuture)

Supercapacitors Key Industry Players Statistics

• In the landscape of major industry players within the supercapacitors market for the year 2022, several key players contribute to the market share.
• AVX Corporation holds a share of 13%, while Panasonic Corporation closely follows with a 14% share.
• Cap-XX Limited claims a significant portion with 18% of the market share.
• Nippon Chemi-Con Corporation accounts for 8%, while SPEL Technologies Private Limited contributes 12%.
• Maxwell Technologies and Skeleton Technologies both hold 9% each.
• Loxus Inc. also has a 9% share, and the remaining key players collectively represent 9% of the market share, by providing a comprehensive overview of the major industry players in the supercapacitors market in 2022.

(Source: Market.us)

Hybrid Supercapacitors Archives Statistics

• The archives of Hybrid Supercapacitors, categorized by variables, reflect their respective values in USD.
• Among these variables, Lead Acid VRLA has the highest value at $0.47, indicating its prominence.
• Lithium NMC and Zinc Hybrid both share the second-highest value at $0.21.
• Lithium Iron Phosphate follows at $0.12, while Vanadium Flow and Iron Phosphate Flow stand at $0.09.
• Iron Air is slightly lower at $0.06, with WEST having a value of $0.04.
• Pumped Hydro is the variable with the lowest value at $0.01, completing the archive of Hybrid Supercapacitors in dollars.

(Source: Valen)

Supercapacitor Growth Due to EV Statistics

• The surging demand and increasing consumption of electric vehicles (EVs) is a key driver behind the growth of the supercapacitors market.
• In the recently unveiled Union Budget for 2022-2023, the government extended a significant scheme until 2024.
• This scheme allocates USD 1.3 billion (equivalent to Rs. 10,000 crore) to support the adoption of over 1 million electric two-wheelers, three-wheelers, passenger vehicles, and buses.
• Additionally, in 2021, the Government introduced the Production Linked Incentive for Advanced Chemistry Cell Battery Storage (PLI-ACC) scheme, earmarking a substantial budget of USD 2.45 billion (around Rs. 18,100 crores) to bolster battery infrastructure.
• These initiatives are driving the electric vehicle market and, consequently, increasing the demand for supercapacitors.
• In the supercapacitors market, the market size is categorized by respondent category, each with its respective percentage.
• Directors and Vice Presidents (VPs) make up 15.00% of the market, while Managers constitute the largest share at 35.00%.
• C-level executives hold 12.00% of the market, and the remaining 38.00% falls under ‘Others.’
• These percentages reflect the distribution of market involvement among various respondent categories in the supercapacitor industry in India.

(Source: Techsciresearch)

Supercapacitors Share By Application Statistics

• The Supercapacitor market is segmented across various applications, each with its respective market share percentage.
• In the realm of consumer electronics, supercapacitors hold a share of 10%. Energy and utilities represent a significant portion with a market share of 34.00%.
• While the automotive and transportation sector takes the lead with a substantial 36.05% market share.
• In the aerospace and defense industry, supercapacitors contribute 5.01% to the market.
• The industrial sector accounts for 12% of the market share, and the remaining 3% is attributed to other applications.

These percentages reflect the distribution of supercapacitor usage across different sectors in India.

Electrode Material Segment Statistics

• In the year 2020, in the distribution of capacitor materials, carbon-based capacitors held the majority share at 60%.
• Followed by material-based capacitors at 19%, conducting polymer-based capacitors at 15%, and composite-based capacitors at 6%.
• Looking ahead to 2027, there is a marginal shift in these percentages, with carbon-based capacitors maintaining a dominant position at 61%.
• Material-based capacitors remain consistent at 19%, and conducting polymer-based capacitors also stay unchanged at 15%.
• While composite-based capacitors slightly decrease to 5% of the market share.

Automotive Supercapacitors and Usage Statistics

• In the global automotive supercapacitor market, there’s a breakdown by segment for 2018 and a projection for 2028.
• The kinetic energy recovery system (KERS) segment will make up nearly 12% of the $7 billion market in 2028.
• Shifting to Japan, the “Resistors, capacitors, transformers, and composite parts” industry’s revenue from 2012 to 2018 is outlined, with a forecast extending to 2024, expected to reach approximately $17.0 billion.
• In the United States, the supercapacitors market was valued at around $3.3 billion by 2015.
• The global electric car market is experiencing robust growth at an annual rate of 18.2%, poised to reach approximately $0.8 billion during the anticipated period.
• The worldwide electric car market is expanding, expecting 10 million vehicles on the road by 2022.
• This growth is underscored by a 43% increase in electric vehicle sales in 2022, reflecting the rising demand for electric vehicles and the corresponding surge in the supercapacitor market.

(Source: Statista)

Recent Developments

Acquisitions and Mergers:

• Tesla acquires Maxwell Technologies: In early 2023, Tesla completed its $218 million acquisition of Maxwell Technologies, a company specializing in supercapacitor technology. This acquisition aims to enhance Tesla’s energy storage capabilities and improve the performance of its electric vehicles.
• Skeleton Technologies merges with SHAPE Group: Skeleton Technologies, a leader in graphene-based supercapacitors, merged with SHAPE Group in mid-2023. This merger is expected to strengthen Skeleton’s position in the supercapacitor market by combining resources and expertise.

New Product Launches:

• Maxwell’s Ultracapacitor Cell: In late 2023, Maxwell Technologies launched a new ultracapacitor cell designed for automotive applications. This product offers higher energy density and improved temperature stability, aiming to enhance the efficiency and reliability of electric vehicles.
• Panasonic’s Supercapacitor Module: Panasonic introduced a new supercapacitor module in early 2024, featuring advanced materials and design improvements that provide higher power output and longer lifespan for industrial and renewable energy applications.

Funding:

• Skeleton Technologies secures $60 million: In 2023, Skeleton Technologies raised $60 million in a funding round to expand its production capacity and accelerate the development of its next-generation graphene-based supercapacitors.
• Nawa Technologies raises $25 million: Nawa Technologies, a company specializing in ultrafast energy storage systems, secured $25 million in early 2024 to enhance its manufacturing capabilities and bring its innovative supercapacitor products to market.

Technological Advancements:

• Graphene-Based Supercapacitors: Advances in graphene technology are enabling the development of supercapacitors with higher energy densities, faster charge and discharge rates, and longer lifespans, making them more competitive with traditional batteries.
• Hybrid Supercapacitors: Researchers are developing hybrid supercapacitors that combine the best features of batteries and capacitors, offering both high energy density and high power density, suitable for a wide range of applications.

Market Dynamics:

• Growth in Supercapacitor Market: The global supercapacitor market is projected to grow at a CAGR of 20.7% from 2023 to 2028, driven by increasing demand for energy storage solutions in the automotive, renewable energy, and consumer electronics sectors.
• Increased Adoption in Renewable Energy: Supercapacitors are seeing increased adoption in renewable energy systems for applications such as grid stabilization, energy harvesting, and storage, contributing to market growth.

Regulatory and Strategic Developments:

• EU’s Green Deal Initiative: The European Union’s Green Deal initiative, implemented in early 2024, emphasizes the importance of energy storage technologies, including supercapacitors, to support renewable energy integration and reduce carbon emissions.
• US DOE Energy Storage Grand Challenge: The US Department of Energy launched the Energy Storage Grand Challenge in 2023, aiming to accelerate the development and deployment of energy storage technologies, including supercapacitors, to enhance grid resilience and support electric vehicles.

Research and Development:

• Advanced Materials for Supercapacitors: R&D efforts are focusing on the development of advanced materials such as carbon nanotubes, metal oxides, and conductive polymers to improve the performance and durability of supercapacitors.
• Flexible and Wearable Supercapacitors: Researchers are exploring the potential of flexible and wearable supercapacitors for use in portable electronics, medical devices, and smart textiles, providing efficient energy storage in compact and flexible form factors.

Conclusion

Supercapacitors Statistics – In conclusion, the supercapacitor industry exhibits significant potential for growth and innovation, driven by its unique energy storage capabilities and diverse applications.

With expanding markets in electric vehicles, consumer electronics, and renewable energy, supercapacitors are poised to play a pivotal role in meeting the growing demand for efficient and rapid energy storage solutions.

The market is evolving rapidly, as evident from the substantial increase in electric vehicle sales and the integration of supercapacitors into various sectors, highlighting their increasing importance in the global energy landscape.

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