The Asia Pacific Ultracapacitors/Supercapacitors Market would witness market growth of 19.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Ultracapacitors/Supercapacitors Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,090.3 million by 2031. The Japan market is registering a CAGR of 18.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 19.9% during (2024 - 2031).
One of the most significant hurdles is the technology’s relatively low energy density compared to traditional batteries. While ultracapacitors excel at delivering short bursts of power, they cannot store as much energy over extended periods. This limitation has restricted their use in applications that require long-term energy storage, such as electric vehicles (EVs) or grid storage systems. The competition from alternative energy storage technologies further complicates the growth of this market.
However, ultracapacitors offer several advantages over traditional batteries and other energy storage technologies that could support market growth. One such advantage is their environmental sustainability. Unlike batteries, which rely on chemical reactions involving toxic materials like lithium, cobalt, and nickel, ultracapacitors are composed of more environmentally friendly materials. This simplifies the recycling process and mitigates the environmental consequences of their production and disposal.
As countries in this region increase investments in solar, wind, and grid modernization projects, ultracapacitors are becoming a key technology to stabilize energy output and manage fast energy delivery, ensuring reliable power in urban and rural areas. Countries like China, India, Japan, South Korea, and Australia are investing significantly in industrial and energy infrastructure, driving the demand for ultracapacitors to enhance energy efficiency and storage capabilities. China is at the forefront of this market in the Asia-Pacific region, propelled by its ambitious energy transition goals and large-scale modernization of its electrical grid. Consequently, the Asia-Pacific region is witnessing robust growth in the ultracapacitors/supercapacitors market as countries prioritize sustainable and resilient energy infrastructure.
Free Valuable Insights: The Global Ultracapacitors/Supercapacitors Market is Predict to reach USD 18.3 Billion by 2031, at a CAGR of 18.7%
Based on Power, the market is segmented into 10 Volts to 25 Volts, 25 Volts to 50 Volts, Less than 10 Volts, 50 Volts to 100 Volts, and Above 100 Volts. Based on Type, the market is segmented into Double Layered Capacitors, Pseudocapacitors, and Hybrid Capacitors. Based on Application, the market is segmented into Automotive, Consumer Electronics, Energy, Industrial, Aerospace, Medical, and Other Application. Based on Electrode Material, the market is segmented into Carbon, Metal Oxide, Conducting Polymers, and Composites. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Maxwell Technologies
- Skeleton Technologies
- NEC Corporation
- Panasonic Holdings Corporation
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Kemet Corporation
- Nichicon Corporation
- XS Power Batteries(Loxus)
- Eaton Corporation plc
- Sumitomo Corporation
Asia Pacific Ultracapacitors/Supercapacitors Market Report Segmentation
By Power
- 10 Volts to 25 Volts
- 25 Volts to 50 Volts
- Less than 10 Volts
- 50 Volts to 100 Volts
- Above 100 Volts
By Type
- Double Layered Capacitors
- Pseudocapacitors
- Hybrid Capacitors
By Application
- Automotive
- Consumer Electronics
- Energy
- Industrial
- Aerospace
- Medical
- Other Application
By Electrode Material
- Carbon
- Metal Oxide
- Conducting Polymers
- Composites
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 5 Asia Pacific 10 Volts to 25 Volts Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific 10 Volts to 25 Volts Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific 25 Volts to 50 Volts Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific 25 Volts to 50 Volts Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Less than 10 Volts Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Less than 10 Volts Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific 50 Volts to 100 Volts Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific 50 Volts to 100 Volts Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Above 100 Volts Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Above 100 Volts Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Double Layered Capacitors Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Double Layered Capacitors Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Pseudocapacitors Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Pseudocapacitors Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Hybrid Capacitors Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Hybrid Capacitors Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Automotive Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Automotive Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Energy Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Energy Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Industrial Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Industrial Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Medical Market by Country, 2020 - 2023, USD Million
TABLE 36 Asia Pacific Medical Market by Country, 2024 - 2031, USD Million
TABLE 37 Asia Pacific Other Application Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Other Application Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 40 Asia Pacific Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 41 Asia Pacific Carbon Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Carbon Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Metal Oxide Market by Country, 2020 - 2023, USD Million
TABLE 44 Asia Pacific Metal Oxide Market by Country, 2024 - 2031, USD Million
TABLE 45 Asia Pacific Conducting Polymers Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Conducting Polymers Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Composites Market by Country, 2020 - 2023, USD Million
TABLE 48 Asia Pacific Composites Market by Country, 2024 - 2031, USD Million
TABLE 49 Asia Pacific Ultracapacitors/Supercapacitors Market by Country, 2020 - 2023, USD Million
TABLE 50 Asia Pacific Ultracapacitors/Supercapacitors Market by Country, 2024 - 2031, USD Million
TABLE 51 China Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 52 China Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 53 China Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 54 China Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 55 China Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 56 China Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 57 China Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 58 China Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 59 China Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 60 China Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 61 Japan Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 62 Japan Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 63 Japan Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 64 Japan Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 65 Japan Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 66 Japan Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 67 Japan Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 68 Japan Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 69 Japan Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 70 Japan Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 71 India Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 72 India Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 73 India Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 74 India Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 75 India Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 76 India Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 77 India Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 78 India Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 79 India Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 80 India Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 81 South Korea Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 82 South Korea Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 83 South Korea Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 84 South Korea Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 85 South Korea Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 86 South Korea Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 87 South Korea Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 88 South Korea Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 89 South Korea Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 90 South Korea Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 91 Singapore Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 92 Singapore Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 93 Singapore Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 94 Singapore Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 95 Singapore Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 96 Singapore Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 97 Singapore Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 98 Singapore Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 99 Singapore Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 100 Singapore Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 101 Malaysia Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 102 Malaysia Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 103 Malaysia Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 104 Malaysia Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 105 Malaysia Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 106 Malaysia Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 107 Malaysia Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 108 Malaysia Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 109 Malaysia Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 110 Malaysia Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 111 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 112 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 113 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 114 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 115 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 116 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 117 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 118 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 119 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 120 Rest of Asia Pacific Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 121 Key Information – Maxwell Technologies
TABLE 122 Key Information – Skeleton Technologies
TABLE 123 KEY INFORMATION – NEC Corporation
TABLE 124 Key Information – Panasonic Holdings Corporation
TABLE 125 Key Information – Hitachi, Ltd.
TABLE 126 Key Information – KEMET Corporation
TABLE 127 Key Information – Nichicon Corporation
TABLE 128 Key Information – XS Power Batteries
TABLE 129 Key Information – Eaton Corporation PLC
TABLE 130 Key Information – Sumitomo Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Ultracapacitors/Supercapacitors Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Ultracapacitors/Supercapacitors Market
FIG 4 Porter’s Five Forces Analysis – Ultracapacitors Market
FIG 5 Asia Pacific Ultracapacitors/Supercapacitors Market share by Power, 2023
FIG 6 Asia Pacific Ultracapacitors/Supercapacitors Market share by Power, 2031
FIG 7 Asia Pacific Ultracapacitors/Supercapacitors Market by Power, 2020 - 2031, USD Million
FIG 8 Asia Pacific Ultracapacitors/Supercapacitors Market share by Type, 2023
FIG 9 Asia Pacific Ultracapacitors/Supercapacitors Market share by Type, 2031
FIG 10 Asia Pacific Ultracapacitors/Supercapacitors Market by Type, 2020 - 2031, USD Million
FIG 11 Asia Pacific Ultracapacitors/Supercapacitors Market share by Application, 2023
FIG 12 Asia Pacific Ultracapacitors/Supercapacitors Market share by Application, 2031
FIG 13 Asia Pacific Ultracapacitors/Supercapacitors Market by Application, 2020 - 2031, USD Million
FIG 14 Asia Pacific Ultracapacitors/Supercapacitors Market share by Electrode Material, 2023
FIG 15 Asia Pacific Ultracapacitors/Supercapacitors Market share by Electrode Material, 2031
FIG 16 Asia Pacific Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2031, USD Million
FIG 17 Asia Pacific Ultracapacitors/Supercapacitors Market share by Country, 2023
FIG 18 Asia Pacific Ultracapacitors/Supercapacitors Market share by Country, 2031
FIG 19 Asia Pacific Ultracapacitors/Supercapacitors Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: Maxwell Technologies
FIG 21 Recent strategies and developments: Skeleton Technologies
FIG 22 SWOT Analysis: Skeleton Technologies
FIG 23 SWOT Analysis: NEC Corporation
FIG 24 SWOT Analysis: Panasonic Holdings Corporation
FIG 25 Swot Analysis: Hitachi, Ltd.
FIG 26 SWOT Analysis: KEMET Corporation
FIG 27 SWOT Analysis: Nichicon Corporation
FIG 28 SWOT Analysis: XS Power Batteries
FIG 29 SWOT Analysis: Eaton Corporation PLC
FIG 30 SWOT Analysis: Sumitomo Corporation