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Supercapacitors - Global Market Trajectory & Analytics

  • ID: 4806315
  • Report
  • May 2021
  • Region: Global
  • 361 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AVX Corp.
  • CAP-XX Limited
  • Eaton Corporation plc
  • ELNA CO., LTD.
  • KORCHIP Corporation
  • Loxus Inc.
  • MORE

Global Supercapacitors Market to Reach US$4 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Supercapacitors estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$4 Billion by 2027, growing at a CAGR of 15.3% over the analysis period 2020-2027.Double Layer, one of the segments analyzed in the report, is projected to grow at a 14.2% CAGR to reach US$971.4 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pseudocapacitor segment is readjusted to a revised 17.1% CAGR for the next 7-year period. This segment currently accounts for a 52.5% share of the global Supercapacitors market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 19.3% CAGR for the Period of 2020-2027


The Supercapacitors market in the U.S. is estimated at US$394.9 Million in the year 2020. The country currently accounts for a 27.03% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$868.7 Million in the year 2027 trailing a CAGR of 19.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 14% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR while Rest of European market (as defined in the study) will reach US$868.7 Million by the year 2027.

Hybrid Segment Corners a 21.2% Share in 2020


In the global Hybrid segment, USA, Canada, Japan, China and Europe will drive the 11.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$234.1 Million in the year 2020 will reach a projected size of US$489.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$563.9 Million by the year 2027, while Latin America will expand at a 12.9% CAGR through the analysis period.

Select Competitors (Total 57 Featured) -

  • AVX Corp.
  • CAP-XX Limited
  • Eaton Corporation plc
  • ELNA CO., LTD.
  • Loxus Inc.
  • KORCHIP Corporation
  • Maxwell Technologies Inc.
  • Nippon Chemi-Con Corporation
  • Panasonic Corporation
  • Seiko Instruments Inc.
  • Shanghai Aowei Technology Development Co. Ltd.
  • SHENZHEN TOPMAY ELECTRONIC CO., LTD.
  • TOKIN Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AVX Corp.
  • CAP-XX Limited
  • Eaton Corporation plc
  • ELNA CO., LTD.
  • KORCHIP Corporation
  • Loxus Inc.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Search for Efficient Energy Storage Solutions Beyond the Conventional Battery Brings Supercapacitors into the Spotlight
  • Exhibit 1: Energy Storage Technologies are Vital & Indispensable in Sustaining a Civilization Founded on the Consumption of Large Quantities of Energy: Global Energy Storage Deployments (In Gigawatt Hours) for the Years 2018, 2020, 2022, 2024
  • Vendors of Supercapacitors, News & Stories
  • Recent Industry Activity
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • AVX Corp. (USA)
  • CAP-XX Limited (Australia)
  • Eaton Corporation plc (Ireland)
  • ELNA CO., LTD. (Japan)
  • Loxus Inc. (USA)
  • KORCHIP Corporation (Korea)
  • Maxwell Technologies Inc. (USA)
  • Nippon Chemi-Con Corporation (Japan)
  • Panasonic Corporation (Japan)
  • Seiko Instruments Inc. (Japan)
  • Shanghai Aowei Technology Development Co. Ltd. (China)
  • SHENZHEN TOPMAY ELECTRONIC CO., LTD. (China)
  • TOKIN Corporation (Japan)
3. MARKET TRENDS & DRIVERS
  • Growing Importance of Backup Power Drives Demand for Supercapacitors in UPS
  • Exhibit 2: Lost Economic Value Due to Power Outages Pushes Up the Monetary Value of Electricity Reliability & the Significance of Supercapacitors in Offering Backup Power: Value Lost Due to Electrical Outages as a % of Sales of Affected Firms
  • Exhibit 3: Growing Demand for Electric Power Backup Capabilities Drives Interest in the Benefits Offered by Supercapacitors: Global Back-Up Power Market (In US$ Billion) for the Years 2018, 2020, 2022, 2024, and 2026
  • Automobile "Electronification”& Push Towards Commercializing EVs & HEVs Drive Focus on Supercapacitors
  • Exhibit 4: Rapid Commercialization of EVs as Evidenced by the Expanding Fleet Size Drives Focus on Developing Better Energy Management Solutions to Increase Energy Efficiency & Operating Range of EVs: Global Electric Car Fleet Size (In Thousand Units) for the Years 2014, 2016, 2018, 2020 and 2022
  • Rise of Microgrids & Increased Integration of Renewable Energy in the Energy Mix Pushes Up the Importance of Efficient Energy Storage Solutions
  • Supercapacitors Find Use as Resiliency Enhancers in Microgrids
  • Exhibit 5: Growing Share of Renewable Energy in the Global Power Mix Creates an Urgent Need for Efficient Energy Storage Solutions for Utilities: New Capacity Installations Renewables Vs Non-Renewables (In GW) for the Years 2011, 2013, 2015, 2017, 2019, and 2021
  • Development of Newer Materials to Accelerate Commercialization of Supercapacitors
  • Hybridization of Combustion Engines in Heavy Industrial Machinery & Industrial Automation to Spur Adoption of Supercapacitors
  • Exhibit 6: Growing Investments in Warehouse & Industrial Automation Brings Supercapacitors into the Spotlight for Reliable Power Storage & Delivery: Global Warehouse Automation & Industrial Robots Market (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
  • Rising Renewable Energy Investments Drive Parallel Demand for Storage Solutions that Address Grid Stability & Power Quality Issues
  • Supercapacitors Step In to Replace Chemical Batteries in Solar Energy Infrastructure
  • Supercapacitors Gain Traction in Pitch Control Applications in Wind Energy Facilities
  • Exhibit 7: As Clean Technologies Emerge to the Forefront, Electric Double-Layer Capacitors (EDLCs) Will Rise in Prominence for Renewable Energy Applications: Global Investments in Clean Energy (In US$ Billion) for the Years 2014, 2016, 2018 & 2020
  • A Robust Consumer Electronics Industry Favors Complementary Integration of Supercapacitors With Batteries
  • Rising Demand for Consumer Electronics amid Expanding Internet User Base & Consumer Appetite for Digital Media Spells Opportunities
  • Smart Home: Major Opportunity for Consumer Grade Supercapacitors
  • Exhibit 8: As Digital Consumerism Gains Ground & Ubiquitous Power Source Become All Important, Supercapacitors Bring the Hope of Filling-In the Performance Gap of Lithium Batteries: Global Consumer Electronics Market (In US$ Billion) for the Years 2018 Through 2024
  • Search for Superior Alternatives to Batteries Drives Applications of Supercapacitors in Medical Implants
  • Biological Supercapacitors Attract Significant R&D Interest
  • Exhibit 9: A Strong Medical Implants Market Supported by Growing Disease Burden Offers a Fertile Environment for the Development of Battery-Free Implantables: Global Medical Implant Market by Region (In US$ Billion) for the Years 2016, 2020 and 2023
  • The Rise of Electronic Wearables Brings New Foldable, Flexible Supercapacitors Into the Spotlight
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 57
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • AVX Corp.
  • CAP-XX Limited
  • Eaton Corporation plc
  • ELNA CO., LTD.
  • Loxus Inc.
  • KORCHIP Corporation
  • Maxwell Technologies Inc.
  • Nippon Chemi-Con Corporation
  • Panasonic Corporation
  • Seiko Instruments Inc.
  • Shanghai Aowei Technology Development Co. Ltd.
  • SHENZHEN TOPMAY ELECTRONIC CO., LTD.
  • TOKIN Corporation.
Note: Product cover images may vary from those shown
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