U.S Supercapacitor Market Grows Due to Fuel Cell EV Demand

The increasing demand for renewable energy solutions and fuel cells electric vehicles drive growth in the United States supercapacitor market from 2023 to 2028.

According to TechSci Research report, “United States Supercapacitors Market – By Region, Competition Forecast & Opportunities, 2028,” the United States supercapacitors market is expected to register robust growth during the forecast period. A specifically made capacitor with an extremely high capacitance is known as a supercapacitor. It creates a device called a supercapacitor that combines the capabilities of a capacitor and a battery. An electronic device called a supercapacitor is made to hold enormous amounts of electric charge. They are also referred to as ultracapacitors or double layer capacitors. Supercapacitors store electrical energy via two methods, namely double layer capacitance and pseudo capacitance, as opposed to conventional dielectrics.

Supercapacitors combine the behaviour of a typical capacitor with that of a typical battery because double-layer capacitance has a capacitive nature while pseudo capacitance has an electrochemical nature. Supercapacitors have similar charge and discharge times to conventional capacitors. Low internal resistance enables the achievement of high charge or discharge current. The battery often needs several hours to fully charge. An excellent example is the battery in a cell phone, but a supercapacitor can charge to the same amount in under two minutes.

In the event of improper handling, supercapacitor batteries are safer than standard batteries. Supercapacitors do not become as hot as batteries do due of their low internal resistance, but batteries have been known to overheat and blow up when shorted. A fully charged supercapacitor can rapidly release its stored energy when it is shorted, creating an arc that could harm gadget, but unlike a battery, the heat it produces would not be a concern.

The United States Supercapacitor Market is divided into Product Type, Modular Type, Service, Material and Application. Based on Product Type, the market is divided into Double-Layer Capacitor, Pseudo capacitors, and Hybrid Capacitors. Based on Modular Type, the market is divided into Less Than 10 Volts Modules, 10 Volts to 25 Volts Modules, 25 Volts to 50 Volts Modules, 50 Volts to 100 Volts Modules, and Above 100 Volts Modules. Based on Material, the market is divided into Activated carbon, Carbide Derived Carbon, Carbon Aerogel, and Others.

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Based on Application, the market is divided into Automotive, Industrial, Energy, Consumer Electronics, and Aerospace & Defense

Based on type, the market is bifurcated into double-layer capacitor, pseudo capacitors, and hybrid capacitors. During the forecast period, Pseudocapacitors segment is expected to dominate the United States Supercapacitors Market. Pseudocapacitors are also known as Faradaic supercapacitors.

These capacitors come in two different varieties: metal oxides and conductive polymers. The power density of these capacitors is high. They withstand quite a long time. In comparison to Li-ion batteries, it charges and discharges quite quickly. Energy density is increased by the pseudo capacitor material, which also enables energy density to be stored in the bulk of the electrode material and on its surfaces. Pseudo capacitors use the Faraday process to store electrical energy.

It is a component of an electrochemical capacitor that creates a supercapacitor using an electric double layer capacitor. Consumer electronics, portable electronics, and flexible electronics all employ them, utilized in automobile applications for regenerative braking as well. In kinetic energy (C.E.) recovery systems like cranes, elevators, and wind turbines, pseudo capacitors are also employed.

Based on Application, the market is bifurcated into Automotive, Industrial, Energy, Consumer Electronics, and Aerospace & Defense. The automotive industry is anticipated to dominate the US supercapacitors market during the forecast period. Due to the United States’ planned significant investment in electric vehicles, this contribution has been greatly influenced by EVs.

The American government has launched a number of programmes to promote and embrace EVs more quickly, including the USD 1.3 billion Faster Adoption & Manufacture of (Hybrid &) Electric Vehicles (FAME-II) programme. When supercapacitors are employed, these EVS are available in two-wheelers, three-wheelers, passenger cars, and buses. As a result, the United States Supercapacitors Market is anticipated to be dominated by rapid EV adoption throughout the projected period.

Key market players in the United States Supercapacitors Market: –

  • Eaton Corporation
  • Maxwell Technologies
  • TOKIN Corporation
  • Panasonic Corporation
  •  Loxus Inc.
  • AVX Corporation
  • ADA TECHNOLOGIES
  • Tesla, Inc

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“The growth of the automotive and electronics industries is predicted to fuel the growth of the US supercapacitors market. Supercapacitors are widely used in products like PCs, laptops, and other electronics, and the ever-expanding electronic industry where they are used heavily contributes significantly to the growth of the United States Supercapacitors Market. Various EV promotion schemes have been launched by the American government which would also drive the market of the supercapacitors in US.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

United States Supercapacitor Market by Product Type (Double-Layer Capacitor, Pseudo capacitors, and Hybrid Capacitors), Module Type (Less Than 10 Volts Modules, 10 Volts to 25 Volts Modules, 25 Volts to 50 Volts Modules, 50 Volts to 100 Volts Modules, and Above 100 Volts Modules), Material (Activated carbon, Carbide Derived Carbon, Carbon Aerogel, and Others), and Application (Automotive, Industrial, Energy, Consumer Electronics, and Aerospace & Defense)), By Region, Competition, Forecast and Opportunities, 2028” has evaluated the future growth potential of United States Supercapacitors Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities United States Supercapacitors Market.

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June 27, 2024