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 $3.6 billion by 2027 with a CAGR of 15%. In this market, double layer capacitors are the largest segment by product type, whereas transportation is largest by end use industry. The growing demand for micro supercapacitors and development of high energy density supercapacitors provides strategic growth path in this market.
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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 is accounted for the largest share of the market in 2021 due to increasing usage of double layer capacitors in regenerative braking systems of electric vehicles and hybrid capacitors witness the highest growth in the forecast period due to higher energy density of hybrid capacitors than double layer capacitors.
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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, Seiko Instrument, CAP XX, Skeleton Technologies, Nippon Chemi, LS Mtron, and Korchip Corporation
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