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Supercapacitors Market Trends

  • Report ID: 106
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Supercapacitors Market Trends

Growth Drivers

  • Growing awareness in sustainable development and emission free energy storage
  • Rise in demand of electric vehicles

Challenges

  • High initial costs of material
  • Low awareness about supercapacitors

Supercapacitors Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

16.6%

Base Year Market Size (2023)

USD 2.58 billion

Forecast Year Market Size (2036)

USD 19 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 106
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing awareness in sustainable development and emission free energy storage, and rising demand of electric vehicles are driving the market.

The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2021-2029.

High manufacturing cost and lack of awareness are the major challenges affecting the market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to therapid growth of automobile and consumer industries in India and China.

The major players dominating the Supercapacitors market areNippon Chemi-Con Corporation, Skeleton Technologies, Ioxus Inc., LS Mtron Ltd., AVX Corporation, Panasonic Corporation, Cap-XX Limited, SPEL Technologies Private Limited, Evans Capacitor Company, and KORCHIP Corporation, among others.
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