Ultracapacitors Market Size To Reach $11.64 Billion By 2030

Ultracapacitors Market Growth & Trends

The global ultracapacitors market size is expected to reach USD 11.64 billion by 2030, registering a CAGR of 21.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. These capacitors have the ability to rapidly charge to their maximum capacity and also discharge quickly up to zero-charge level. It also ensures the safety of operation as it eliminates the potential risk of explosion or self-ignition. Ultracapacitors have a high transient response time of 20 microseconds and are also maintenance-free, which can result in increasing adoption over the coming years.

The inherent characteristics of ultracapacitors make it suitable for use in consumer electronics including audio/video systems and digital cameras owing to low power and energy, and long life back-up offered by these modules. Further, ultracapacitors also possess high power and energy density which makes it an ideal match for use in industrial and automotive applications, which may further escalate growth over the forecast period

 Request a free sample copy or view report summary: Ultracapacitors Market Report

Ultracapacitors Market Report Highlights

• Double layered capacitors (EDLC) dominated the market, accounting for the highest revenue share of 61.3% in 2023. EDLCs excel in delivering high power in short bursts.

• The 10 volts to 25 volts segment accounted for the highest revenue share of 25.7% in the ultracapacitors market in 2023. A significant factor for the high demand for ultracapacitors stems from their integration within established electronics systems.

• The automotive segment accounted for the largest market revenue share of 32.7% in 2023. Supercapacitors can deliver and absorb high bursts of power, making them ideal for regenerative braking systems in EVs and Hybrid EVs.

• North America accounted for the leading market revenue share of 36.8% in 2023. The region has a well-established and technologically advanced automotive industry.

Ultracapacitors Market Segmentation

Grand View Research has segmented the global ultracapacitors market on the basis of on type, power, application, and region:

Ultracapacitors Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Double Layered Capacitors

• Pseudocapacitors

• Hybrid Capacitors

Ultracapacitors Power Outlook (Revenue, USD Billion, 2018 - 2030)

• Less than 10 Volts

• 10 Volts to 25 Volts

• 25 Volts to 50 Volts

• 50 Volts to 100 Volts

• Above 100 Volts

Ultracapacitors Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Automotive

• Consumer Electronics

• Energy

• Industrial

• Others

Ultracapacitors Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • Japan

  • India

  • China

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in the Ultracapacitors Market

• CAP-XX

• Eaton Corporation

• KEMET Corporation (YAGEO Group)

• LS Mtron Co., Ltd.

• Maxwell Technologies

• NEC Corporation

• Nippon Chemi-Con Corporation

• Ness Electronics, Inc.

• Panasonic Corporation

• Skeleton Technologies

• KYOCERA AVX Corporation

• ELNA CO., LTD.