Lucintel’s latest market report analyzed that supercapacitor provides attractive opportunities in the transportation, industrial, consumer electronics, and energy industries. The supercapacitor market is expected to reach $0.7 billion by 2028 with a CAGR of 16.6%. In this market, double layer capacitor is the largest segment by product type, whereas transportation is largest by end use industry.
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Based on product type, the supercapacitor market is segmented into double layer capacitors, pseudocapacitors, and hybrid capacitors. The double layer capacitors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing usage of double layer capacitors in regenerative braking systems of electric vehicles.
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The Supercapacitor Market is marked by the presence of several big and small players. Some of the prominent players offering supercapacitor include UCAP Power, Panasonic, CAP XX Limited, Skeleton Technologies, LS Mtron, Nippon Chemi-Con, AVX, Korchip Corporation, and Seiko Instrument.
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