Lucintel Blog: Lucintel Forecasts Automotive and Transportation Supercapacitor Market to Reach $319.8 Billion by 2028

Monday, July 24, 2023

Lucintel Forecasts Automotive and Transportation Supercapacitor Market to Reach $319.8 Billion by 2028

According to the recent study the automotive and transportation supercapacitor market is projected to reach an estimated $319.8 billion by 2028 from $134.0 billion in 2023, at a CAGR of 19% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for energy-efficient products for electric and hybrid vehicles and rising penetration of autonomous driving systems in the developed regions.

A more than 150–page report is developed to understand trends, opportunities and forecast in automotive and transportation supercapacitor market by product (pseudocapacitors, electrochemical double layer capacitor (EDLC), hybrid capacitor, and others), system type (battery propulsion system, kinetic energy recovery system (KERS), start stop system, starting lighting and ignition (SLI) system, and others), application (passenger cars and commercial vehicles), and region.

Download sample report by clicking on below link

https://www.lucintel.com/automotive-and-transportation-supercapacitor-market.aspx

“Pseudocapacitor market is expected to remain the largest segment during the forecast period.”

Based on product, the automotive and transportation supercapacitor market is segmented into pseudocapacitors, electrochemical double layer capacitor (EDLC), hybrid capacitor, and others. Lucintel forecasts that the pseudocapacitor market is expected to remain the largest segment 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.

“North America will dominate the automotive and transportation supercapacitor market in near future.”

North America will remain the largest region due to increasing government inclination towards adoption of electric vehicles and growing investments on R&D activities for developing advanced technologies in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-and-transportation-supercapacitor-market.aspx.

Major players of automotive and transportation supercapacitor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Maxwell, NEC, TOKIN, AVX, and ELNA are among the major automotive and transportation supercapacitor providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-and-transportation-supercapacitor-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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