North America Ultracapacitors/Supercapacitors Market Size, Share & Trends Analysis Report By Power, By Type, By Application, By Electrode Material (Carbon, Metal Oxide, Conducting Polymers, and Composites), By Country and Growth Forecast, 2024 - 2031

The North America Ultracapacitors/Supercapacitors Market would witness market growth of 17.9% CAGR during the forecast period (2024-2031).

The US market dominated the North America Ultracapacitors/Supercapacitors Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,916.2 million by 2031. The Canada market is experiencing a CAGR of 19.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 19.1% during (2024 - 2031).

This market has emerged as a critical component of the energy storage landscape, offering a unique solution to various power-related challenges across multiple industries. Also known as supercapacitors, ultracapacitors differ from traditional batteries because they store energy in an electric field rather than through chemical reactions.

One of the primary drivers of this market is their ability to complement or surpass traditional batteries in specific high-demand applications. Unlike lithium-ion batteries, which degrade over time due to chemical reactions, ultracapacitors have a much longer lifespan and can endure more charge and discharge cycles without significant wear.

Mexico’s growing automotive industry and its position as a major exporter of auto parts, including energy storage components, contribute significantly to the rising demand for ultracapacitors. The Mexican Automotive Industry Association (AMIA) highlights that Mexico is one of the largest auto parts producers globally, with much of its production exported to the United States. According to the International Trade Administration (ITA), Mexico produced 3.5 million vehicles annually, and 88% of these vehicles are exported. With the production of electric vehicles (EVs) and hybrids growing by 8.5% in 2022, ultracapacitors are increasingly being integrated into the energy systems of these vehicles to support rapid energy delivery and enhance overall vehicle performance. Hence, these trends are expected to continue throughout the forecast period, making the region a critical hub for ultracapacitor innovation and deployment.

Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Ultracapacitors/Supercapacitors Market, by Power
1.4.2 North America Ultracapacitors/Supercapacitors Market, by Type
1.4.3 North America Ultracapacitors/Supercapacitors Market, by Application
1.4.4 North America Ultracapacitors/Supercapacitors Market, by Electrode Material
1.4.5 North America Ultracapacitors/Supercapacitors Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Recent Strategies Deployed in Ultracapacitors Market
Chapter 5. North America Ultracapacitors/Supercapacitors Market by Power
5.1 North America 10 Volts to 25 Volts Market by Country
5.2 North America 25 Volts to 50 Volts Market by Country
5.3 North America Less than 10 Volts Market by Country
5.4 North America 50 Volts to 100 Volts Market by Country
5.5 North America Above 100 Volts Market by Country

Chapter 6. North America Ultracapacitors/Supercapacitors Market by Type
6.1 North America Double Layered Capacitors Market by Country
6.2 North America Pseudocapacitors Market by Country
6.3 North America Hybrid Capacitors Market by Country

Chapter 7. North America Ultracapacitors/Supercapacitors Market by Application
7.1 North America Automotive Market by Country
7.2 North America Consumer Electronics Market by Country
7.3 North America Energy Market by Country
7.4 North America Industrial Market by Country
7.5 North America Aerospace Market by Country
7.6 North America Medical Market by Country
7.7 North America Other Application Market by Country

Chapter 8. North America Ultracapacitors/Supercapacitors Market by Electrode Material
8.1 North America Carbon Market by Country
8.2 North America Metal Oxide Market by Country
8.3 North America Conducting Polymers Market by Country
8.4 North America Composites Market by Country

Chapter 9. North America Ultracapacitors/Supercapacitors Market by Country
9.1 US Ultracapacitors/Supercapacitors Market
9.1.1 US Ultracapacitors/Supercapacitors Market by Power
9.1.2 US Ultracapacitors/Supercapacitors Market by Type
9.1.3 US Ultracapacitors/Supercapacitors Market by Application
9.1.4 US Ultracapacitors/Supercapacitors Market by Electrode Material
9.2 Canada Ultracapacitors/Supercapacitors Market
9.2.1 Canada Ultracapacitors/Supercapacitors Market by Power
9.2.2 Canada Ultracapacitors/Supercapacitors Market by Type
9.2.3 Canada Ultracapacitors/Supercapacitors Market by Application
9.2.4 Canada Ultracapacitors/Supercapacitors Market by Electrode Material
9.3 Mexico Ultracapacitors/Supercapacitors Market
9.3.1 Mexico Ultracapacitors/Supercapacitors Market by Power
9.3.2 Mexico Ultracapacitors/Supercapacitors Market by Type
9.3.3 Mexico Ultracapacitors/Supercapacitors Market by Application
9.3.4 Mexico Ultracapacitors/Supercapacitors Market by Electrode Material
9.4 Rest of North America Ultracapacitors/Supercapacitors Market
9.4.1 Rest of North America Ultracapacitors/Supercapacitors Market by Power
9.4.2 Rest of North America Ultracapacitors/Supercapacitors Market by Type
9.4.3 Rest of North America Ultracapacitors/Supercapacitors Market by Application
9.4.4 Rest of North America Ultracapacitors/Supercapacitors Market by Electrode Material

Chapter 10. Company Profiles
10.1 Maxwell Technologies
10.1.1 Company Overview
10.1.2 SWOT Analysis
10.2 Skeleton Technologies
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.2.2.2 Product Launches and Product Expansions:
10.2.3 SWOT Analysis
10.3 NEC Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 Panasonic Holdings Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Hitachi, Ltd. (Hitachi Energy Ltd.)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 KEMET Corporation
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Product Launches and Product Expansions:
10.6.3 SWOT Analysis
10.7 Nichicon Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 SWOT Analysis
10.8 XS Power Batteries (Loxus)
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Eaton Corporation PLC
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 SWOT Analysis
10.10. Sumitomo Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 SWOT Analysis

TABLE 1 North America Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 2 North America Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 3 North America Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 4 North America Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 5 North America 10 Volts to 25 Volts Market by Country, 2020 - 2023, USD Million
TABLE 6 North America 10 Volts to 25 Volts Market by Country, 2024 - 2031, USD Million
TABLE 7 North America 25 Volts to 50 Volts Market by Country, 2020 - 2023, USD Million
TABLE 8 North America 25 Volts to 50 Volts Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Less than 10 Volts Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Less than 10 Volts Market by Country, 2024 - 2031, USD Million
TABLE 11 North America 50 Volts to 100 Volts Market by Country, 2020 - 2023, USD Million
TABLE 12 North America 50 Volts to 100 Volts Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Above 100 Volts Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Above 100 Volts Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 16 North America Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 17 North America Double Layered Capacitors Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Double Layered Capacitors Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Pseudocapacitors Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Pseudocapacitors Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Hybrid Capacitors Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Hybrid Capacitors Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 24 North America Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 25 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Energy Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Energy Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Industrial Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Industrial Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Medical Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Medical Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 40 North America Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 41 North America Carbon Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Carbon Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Metal Oxide Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Metal Oxide Market by Country, 2024 - 2031, USD Million
TABLE 45 North America Conducting Polymers Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Conducting Polymers Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Composites Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Composites Market by Country, 2024 - 2031, USD Million
TABLE 49 North America Ultracapacitors/Supercapacitors Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Ultracapacitors/Supercapacitors Market by Country, 2024 - 2031, USD Million
TABLE 51 US Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 52 US Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 53 US Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 54 US Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 55 US Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 56 US Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 57 US Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 58 US Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 59 US Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 60 US Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 61 Canada Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 62 Canada Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 63 Canada Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 64 Canada Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 65 Canada Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 66 Canada Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 67 Canada Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 68 Canada Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 69 Canada Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 70 Canada Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 71 Mexico Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 72 Mexico Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 73 Mexico Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 74 Mexico Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 75 Mexico Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 76 Mexico Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 77 Mexico Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 78 Mexico Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 79 Mexico Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 80 Mexico Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 81 Rest of North America Ultracapacitors/Supercapacitors Market, 2020 - 2023, USD Million
TABLE 82 Rest of North America Ultracapacitors/Supercapacitors Market, 2024 - 2031, USD Million
TABLE 83 Rest of North America Ultracapacitors/Supercapacitors Market by Power, 2020 - 2023, USD Million
TABLE 84 Rest of North America Ultracapacitors/Supercapacitors Market by Power, 2024 - 2031, USD Million
TABLE 85 Rest of North America Ultracapacitors/Supercapacitors Market by Type, 2020 - 2023, USD Million
TABLE 86 Rest of North America Ultracapacitors/Supercapacitors Market by Type, 2024 - 2031, USD Million
TABLE 87 Rest of North America Ultracapacitors/Supercapacitors Market by Application, 2020 - 2023, USD Million
TABLE 88 Rest of North America Ultracapacitors/Supercapacitors Market by Application, 2024 - 2031, USD Million
TABLE 89 Rest of North America Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2023, USD Million
TABLE 90 Rest of North America Ultracapacitors/Supercapacitors Market by Electrode Material, 2024 - 2031, USD Million
TABLE 91 Key Information – Maxwell Technologies
TABLE 92 Key Information – Skeleton Technologies
TABLE 93 KEY INFORMATION – NEC Corporation
TABLE 94 Key Information – Panasonic Holdings Corporation
TABLE 95 Key Information – Hitachi, Ltd.
TABLE 96 Key Information – KEMET Corporation
TABLE 97 Key Information – Nichicon Corporation
TABLE 98 Key Information – XS Power Batteries
TABLE 99 Key Information – Eaton Corporation PLC
TABLE 100 Key Information – Sumitomo Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Ultracapacitors/Supercapacitors Market share by Power, 2023
FIG 6 North America Ultracapacitors/Supercapacitors Market share by Power, 2031
FIG 7 North America Ultracapacitors/Supercapacitors Market by Power, 2020 - 2031, USD Million
FIG 8 North America Ultracapacitors/Supercapacitors Market share by Type, 2023
FIG 9 North America Ultracapacitors/Supercapacitors Market share by Type, 2031
FIG 10 North America Ultracapacitors/Supercapacitors Market by Type, 2020 - 2031, USD Million
FIG 11 North America Ultracapacitors/Supercapacitors Market share by Application, 2023
FIG 12 North America Ultracapacitors/Supercapacitors Market share by Application, 2031
FIG 13 North America Ultracapacitors/Supercapacitors Market by Application, 2020 - 2031, USD Million
FIG 14 North America Ultracapacitors/Supercapacitors Market share by Electrode Material, 2023
FIG 15 North America Ultracapacitors/Supercapacitors Market share by Electrode Material, 2031
FIG 16 North America Ultracapacitors/Supercapacitors Market by Electrode Material, 2020 - 2031, USD Million
FIG 17 North America Ultracapacitors/Supercapacitors Market share by Country, 2023
FIG 18 North America Ultracapacitors/Supercapacitors Market share by Country, 2031
FIG 19 North America 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