Lucintel’s latest market report analyzed that automotive and transportation supercapacitor provides attractive opportunities in the passenger car and commercial vehicle markets. The automotive and transportation supercapacitor market is expected to reach $319.8 billion by 2028 with a CAGR of 19%. In this market, pseudocapacitor is the largest segment by product, whereas wireless is largest by technology.
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Based on product, the automotive and transportation supercapacitor market is segmented into pseudocapacitors, electrochemical double layer capacitor (EDLC), hybrid capacitor, and others. The pseudocapacitor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as it helps in increasing energy density and permits the storage of energy density in the bulk of electrode materials and even at their surface.
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The Automotive and Transportation Supercapacitor Market is marked by the presence of several big and small players. Some of the prominent players offering automotive and transportation supercapacitor include Maxwell, NEC, TOKIN, AVX, and ELNA.
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