Global Supercapacitors Market Grows at a CAGR of 18.02%

The global supercapacitors market is witnessing strong growth, driven by the increasing demand for fast energy storage and high-power delivery across multiple industries. Sectors such as transportation, industrial automation, and consumer electronics are increasingly utilizing supercapacitors to provide rapid charge-discharge cycles and extended lifespans. The rising requirement for dependable backup power in critical facilities like data centers and telecom networks is also fueling market expansion.

Furthermore, innovations in materials and production technologies have significantly improved the efficiency, durability, and cost-effectiveness of supercapacitors, broadening their range of applications. Together, these factors are accelerating adoption in both developed and emerging markets, ensuring a robust growth outlook for the industry in the years ahead.

Market Dynamics

Growth of electric mobility worldwide drives the global market

The global electric vehicle (EV) market is experiencing remarkable expansion, driven by rapid technological progress, favorable government initiatives, and growing consumer concern for the environment. The push for sustainable mobility is prompting automakers to broaden their EV portfolios and enhance battery technologies.

• According to the IEA, global electric car sales surpassed 17 million in 2024, reflecting growth of more than 25%. Notably, the additional 3.5 million units sold in 2024 compared to 2023 exceeded the total worldwide EV sales recorded in 2020. While China remains the market leader, the U.S. and Europe are also witnessing significant gains.

Together, these trends position electric mobility as a central force in the transition to sustainable transportation, reinforcing strong market growth in the years ahead.

Development of hybrid supercapacitors creates tremendous opportunities

Hybrid supercapacitors (HSCs) are gaining attention as an advanced energy storage technology, blending the fast charging and discharging ability of supercapacitors with the higher energy storage capacity of batteries. This combination makes them ideal for uses requiring both high power and moderate energy density.

• In March 2024, researchers reported the in situ growth of hydrophilic nickel-cobalt layered double hydroxide (LDH) nanosheets on porous carbon derived from biomass waste. The approach delivered an exceptional specific capacitance of 2390 F g⁻¹ and an energy density of 52.47 Wh kg⁻¹, while maintaining 75.9% of its capacitance after 4000 cycles.

Such innovations underscore the promising role of hybrid supercapacitors in achieving a balanced solution between power and energy storage for an extensive range of applications.

Regional Analysis

The Asia-Pacific supercapacitors market is witnessing rapid expansion, fueled by strong government support for electric mobility, renewable energy integration, and industrial automation. China leads the region with its massive EV production, BYD and NIO are increasingly adopting supercapacitors for regenerative braking and fast charging. Japan is leveraging supercapacitors in hybrid electric vehicles, with Toyota and Panasonic investing in advanced energy storage solutions.

South Korea, home to Samsung SDI and LG Energy Solution, is exploring graphene-based supercapacitors for consumer electronics and grid stability. India is also emerging as a key market, with initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme boosting demand. Moreover, Asia-Pacific’s investments in renewable energy projects, such as large-scale solar in India and offshore wind in China, are driving supercapacitor adoption to enhance grid reliability and energy efficiency.

Key Highlights

• The global supercapacitors market size was valued at USD 2.75 billion in 2024 and is estimated to grow from USD 3.24 billion in 2025 to reach USD 12.21 billion by 2033, growing at a CAGR of 18.02% during the forecast period (2025–2033).
• By type, the market is segmented into electrochemical double layer capacitors (EDLC), pseudocapacitors, lithium-ion capacitors (LIC), and hybrid capacitors. The electrochemical double layer capacitors (EDLC) segment held the largest market share.
• By material, it is divided into carbon & metal oxide, conducting polymers, and composite materials. The carbon & metal segment held a dominant share og the global market 
• By end-user industry, the segments include consumer electronics, automotive & transportation, industrial applications, energy, aerospace & defense, healthcare, and others. The automotive & transportation segment dominated the market. 
• Asia-Pacific is the highest shareholder in the global market.

Market Segments

1. By Type
   1. Electrochemical Double Layer Capacitors (EDLC)
   2. Pseudocapacitors
   3. Lithium-ion Capacitors (LIC)
   4. Hybrid Capacitors
2. By Material
   1. Carbon & Metal Oxide
   2. Conducting Polymers
   3. Composite Materials
3. By End-user Industry
   1. Consumer Electronics
   2. Automotive & Transportation
   3. Industrial Applications
   4. Energy
   5. Aerospace & Defense
   6. Healthcare
   7. Others