The global supercapacitor market size is anticipated to grow from USD 472 million in 2022 to USD 912 million by 2027, at a CAGR of 14.1% from 2022 to 2027. Increasing demand for energy conservation solutions and high storage capabilities especially in automotive, energy and consumer electronics applications due to accelerated use of supercapacitors for EVs/HEVs, trains and aircrafts, smart wearables, wind turbines, grid energy storage systems and railway sides are some of the major factors propelling the growth of supercapacitor market.
Panasonic Corp. (Japan), Maxwell Technologies (South Korea), Eaton (Ireland), Nippon Chemi-Con Corp. (Japan), CAP-XX (Australia), Cornell-Dubilier (US), and Ioxus (US) among others are the key players in the supercapacitor market. These companies offer a wide range of supercapacitors, as well as related solutions and services, and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.
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Panasonic is involved in the development, manufacture, and sale of electrical products. Panasonic is one of the top companies across the globe that has a vast portfolio of electrical products, solutions, and services. The company operates through five reportable segments: Appliances, Life Solutions, Connected Solutions, Automotive and Industrial solutions. Supercapacitor products are offered by the company under its Industrial Solutions segment. The company’s supercapacitor products are used in automotive, energy, and oil & gas applications.
Maxwell Technologies is involved in the developing, manufacturing, and marketing of energy storage and power delivery solutions for automotive, heavy transportation, renewable energy, backup power, wireless communications, industrial, and consumer electronics applications. After Maxwell Technologies’ acquisition by UCAP Power, Inc the company is operating with two product categories: Cells and Modules. The ultracapacitor products are provided by both the product categories of the company. The company has operations in all the major regions of the world, including the Americas, Europe, Africa, the Middle East, and Asia Pacific.
Eaton is a diversified power management company providing energy-efficient solutions that manage electrical, hydraulic, and mechanical power. Eaton offers a broad range of electronics components that include power magnetics, circuit protection, supercapacitor and terminal block products. The company offers supercapacitors under its Electrical segment. These products serve customers in computing, consumer, energy, industrial, medical and transportation markets. These can be used for commercial and military use, and truck and automotive drivetrain and powertrain systems for performance, fuel economy, and safety.
Supercapacitor Market by Type (Double Layer Capacitors, Pseudocapacitors, Hybrid Capacitors), Electrode Material (Carbon, Metal Oxide, Conducting Polymers, Composites), Application (Automotive, Energy, Consumer Electronics) - Global Forecast to 2027
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