Supercapacitors, or ultracapacitors, are advanced energy storage devices that combine the fast-charging characteristics of capacitors with the energy capacity of batteries. They store and deliver energy through electrostatic fields rather than chemical reactions, enabling ultra-fast charging, high power output, and exceptionally long cycle life.
These features make supercapacitors essential in various industries—particularly in electric vehicles (EVs), renewable energy, and consumer electronics—where rapid energy transfer, durability, and sustainability are key. With the ongoing push for decarbonization and electrification, supercapacitors help enhance energy efficiency, stabilize power grids, and support regenerative braking systems.
According to BIS Research, the global supercapacitors market was valued at $5,298.5 million in 2024 and is projected to reach $27,997.5 million by 2035, growing at a CAGR of 15.74%. This strong trajectory highlights the expanding role of supercapacitors in next-generation power storage and management systems.
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Key Drivers:
• Rising demand for energy-efficient power management in electric vehicles, renewable systems, and industrial applications
• Significant investments in green energy infrastructure and smart grid technologies
• Continuous technological advancements improving charge/discharge speed, energy density, and lifespan
• Growing adoption of hybrid supercapacitors combining battery-level energy storage with capacitor-grade power delivery
• Expanding applications across consumer electronics, aerospace, and defense sectors
The convergence of sustainability, digitalization, and electrification is fueling supercapacitor adoption worldwide, enabling cost efficiency, operational flexibility, and long-term reliability across multiple industries.
Key Challenges:
• High initial material and manufacturing costs
• Relatively lower energy density compared to traditional batteries
• Integration challenges with legacy energy storage systems
• Dependence on advanced materials such as graphene and metal oxides
• Lack of standardization and regulatory frameworks in emerging applications
However, research advancements in nanomaterials and hybrid capacitor technologies are gradually addressing these challenges, reducing costs, and enhancing performance.
• July 14, 2023: Nippon Chemi-Con Corporation introduced a high-voltage supercapacitor module (2.8V–3150F) for large-current applications, featuring voltage balance circuits and sensors for safe operation in large-scale storage systems.
• November 1, 2024: Nippon Chemi-Con launched aluminum electrolytic capacitors compatible with Liquid Immersion Cooling (LIC) for servers, enhancing energy efficiency in AI-driven data centers.
• August 28, 2024: Vinatech Co., Ltd. issued 27 billion won in permanent bonds to strengthen investments in hydrogen fuel cells and hybrid supercapacitors, targeting long-term energy sustainability.
• July 25, 2022: Skeleton Technologies partnered with Siemens to create a fully automated digital production line in Leipzig for supercapacitors, projected to reduce production costs by 90% within five years.
By Application
• Aerospace and Defense
• Automotive
o Passenger
o Commercial
• Consumer Electronics
• Energy
• Industrial
By Type
• Double-Layer Capacitor
• Hybrid Capacitors
• Pseudocapacitors
By Material
• Activated Carbon
• Carbide-Derived Carbon
• Carbon Aerogel
• Graphene
• Metal Oxides
• Conducting Polymers
• Others
By Module Type
• Less Than 10 Volts Modules
• 10 Volts to 25 Volts Modules
• 25 Volts to 50 Volts Modules
• 50 Volts to 100 Volts Modules
• Above 100 Volts Modules
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
According to Principal Analyst at BIS Research:
“The supercapacitors market is witnessing transformative growth, driven by continuous innovation and the push toward sustainable energy. As industries accelerate their transition to electric and renewable power systems, the demand for supercapacitors will continue to surge. Next-generation materials such as graphene and hybrid designs will play a critical role in redefining energy density and system efficiency.”
What is the expected growth outlook?
The supercapacitors market is expected to grow from $5.3 billion in 2024 to $27.99 billion by 2035, with a CAGR of 15.74% during the forecast period.
Who are the key leaders in this market?
Major players include Maxwell Technologies, Eaton, KEMET Corporation, Panasonic Holdings Corporation, CAP-XX, IOXUS, LS Materials, Nippon Chemi-Con Corporation, Skeleton Technologies, Yunasko, ELNA CO., LTD., Nantong Jianghai Capacitor Co., Ltd., SPSCAP, KORCHIP CORPORATION, and VINATech Co., Ltd.
Which capacitor technologies are most in demand?
Double-layer capacitors (EDLCs) dominate the market due to their superior power delivery and quick response time. However, hybrid and graphene-based supercapacitors are gaining traction for their enhanced energy density and sustainability potential.
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