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The global ultracapacitors market reached a value of about USD 5028.95 million in 2023. The industry is further expected to grow at a CAGR of about 26% in the forecast period of 2024-2032 to reach a value of around USD 40259.12 million by 2032.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ultracapacitors Market Analysis
8.1 Key Industry Highlights
8.2 Global Ultracapacitors Historical Market (2018-2023)
8.3 Global Ultracapacitors Market Forecast (2024-2032)
8.4 Global Ultracapacitors Market by Power Type
8.4.1 Less than 10 Volts
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 10 Volts to 25 Volts Modules
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 25 Volts to 50 Volts Modules
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 50 Volts to 100 Volts Modules
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Above 100 Volts Modules
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.5 Global Ultracapacitors Market by Application
8.5.1 Automotive
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Industrial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Energy
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Electronics
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Ultracapacitors Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Ultracapacitors Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Ultracapacitors Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Ultracapacitors Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Ultracapacitors Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Ultracapacitors Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Maxwell Technologies Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Supreme Power Solutions Co. Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 SECH SA
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Skeleton Technologies
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 LICAP Technologies, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ultracapacitors Market: Key Industry Highlights, 2018 and 2032
2. Global Ultracapacitors Historical Market: Breakup by Power Type (USD Million), 2018-2023
3. Global Ultracapacitors Market Forecast: Breakup by Power Type (USD Million), 2024-2032
4. Global Ultracapacitors Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Ultracapacitors Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Ultracapacitors Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Ultracapacitors Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Global Ultracapacitors Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Global Ultracapacitors Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Global Ultracapacitors Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Global Ultracapacitors Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Global Ultracapacitors Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Global Ultracapacitors Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Global Ultracapacitors Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Global Ultracapacitors Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Global Ultracapacitors Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Global Ultracapacitors Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Ultracapacitors Market Structure
The global ultracapacitors market attained a value of nearly USD 5028.95 million in 2023.
The market is projected to grow at a CAGR of 26% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 40259.12 million by 2032.
The major market drivers include rapid industrialisation, surging infrastructural development activities, the rising adoption of electric vehicles, and surging investments in mass rapid transport systems.
The key trends guiding the market growth include the rising demand for ultracapacitors in the electronics and automotive sectors and an increasing production of energy-efficient products.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant segments based on power types of ultracapacitors considered in the market report are less than 10 volts, 10 volts to 25 volts modules, 25 volts to 50 volts modules, 50 volts to 100 volts modules, and above 100 volts modules.
The major applications of ultracapacitors include automotive, industrial, energy, and electronics.
The major players in the market are Maxwell Technologies Inc., Supreme Power Solutions Co. Ltd., SECH SA, Skeleton Technologies, and LICAP Technologies, Inc., among others.
The global ultracapacitors market attained a value of USD 5028.95 million in 2023, driven by the growing demand from the electronics and automotive industries. Aided by the rapid industrialisation and an increase in the development of infrastructure, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 26%. The market is projected to reach USD 40259.12 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on power type, the market is categorised into less than 10 volts, 10 volts to 25 volts modules, 25 volts to 50 volts modules, 50 volts to 100 volts modules, and above 100 volts modules. By applications, the industry is divided into automotive, industrial, energy, and electronics. The major regional markets for ultracapacitors are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Maxwell Technologies Inc., Supreme Power Solutions Co. Ltd., SECH SA, Skeleton Technologies, and LICAP Technologies, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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