Supercapacitor market is set to accelerate

07 May 2014

IDTEchEx reports a healthy prospect for electrochemical double layer capacitors, or supercapacitors, over the next decade.

The Electrochemical Double Layer Capacitors: Supercapacitors 2014-2024 report by Franco Gonzalez, technology analyst, predicts a 30% CAGR in the next 10 years, based on 2013 industry results. The supercapacitor market will reach a value of $6billion in 2024.

Supercapacitors have been defined as energy storage devices that are positioned between standard capacitors and batteries, in relation to their energy and power density capabilities.

However, new device configurations that combine electrodes of batteries and supercapacitors, the so-called ‘hybrid capacitors’ or ‘supercabatteries’, define a new technology segment in which the best of both batteries and supercapacitors are combined.

The report describes each of these technologies, advantages and disadvantages. It presents a development roadmap and likely market adoption in the different application segments.

There is also a benchmark of the energy and power density of the supercapacitors that are commercially available or under development from the main supercapacitor companies in the industry. Companies report different performance results based on different testing methods. This benchmark has been based on a standardised testing procedure of supercapacitor performance, developed by UC Davis, that IDTechEx has supported its diffusion through Supercapacitor conferences.

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