Graphene-based Supercapacitors Market Size, Share, By Type (Electrical Double Layer Capacitors, Pseudocapacitor, Asymmetric Supercapacitor, and Others), By Application (Automotive, Industrial Power Systems, Aerospace & Military, Consumer Electronics, and Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI558324 | Publish Date: August 2024 | No. of Pages: 183

Graphene Based Supercapacitors Market Overview

Graphene-based Supercapacitors Market Size was valued at US$ 3.9 billion in 2024 and is expected to grow at a CAGR of 20.5% to reach US$ 21.2 billion by 2034.

Graphene-based supercapacitors are advanced energy storage devices that utilize graphene, a single layer of carbon atoms arranged in a two-dimensional honeycomb lattice, as their primary material. Known for its exceptional electrical conductivity, high surface area, and mechanical strength, graphene enables supercapacitors to store and deliver energy rapidly, outperforming traditional capacitors and batteries in terms of power density and charge-discharge cycles.

Supercapacitors fill the gap between traditional capacitors and batteries by providing rapid charging and discharging speeds. This makes them perfect for uses requiring brief energy bursts, such consumer electronics, renewable energy systems, and electric cars. The addition of graphene improves overall performance, which makes these supercapacitors a viable option for the energy storage requirements of the next generation.

Graphene-based Supercapacitors Market Share

Graphene Based Supercapacitors Market Dynamics

Key Drivers of Target Market:

Increasing Demand for Electric Vehicles (EVs)

  • The growing electric vehicle market requires advanced energy storage solutions that can offer quick charging and discharging capabilities, making graphene-based supercapacitors a vital component.
  • One major factor contributing to the growing need for longer-lasting EV batteries is the use of supercapacitors, which lessen the load on batteries and help them live longer. Graphene-based supercapacitors provide high power density, which is crucial for EVs to deliver rapid energy bursts, improving acceleration and performance.
  • For instance, In May 2024, Tesla, Inc. announced plans to integrate graphene-based supercapacitors in their next-generation models, aiming to enhance vehicle performance and reduce charging times. 

Growth in Renewable Energy Adoption

  • The demand for graphene-based supercapacitors is being driven by the increasing prevalence of renewable energy sources such as solar and wind, which require effective energy storage solutions to stabilize the grid.
  • For instance, In June 2024, Siemens AG incorporated graphene-based supercapacitors into a major solar power plant in Europe to improve energy storage and grid management, highlighting the growing importance of this technology in renewable energy projects.
  • The durability and long cycle life of graphene-based supercapacitors make them ideal for integration into renewable energy systems, reducing maintenance costs and improving system efficiency.

Restrains:

Competition from Alternative Technologies

  • Adoption of graphene-based supercapacitors is seriously threatened by ongoing advancements in battery technology such as solid-state batteries. Graphene-based solutions will have a hard time taking off in the market because supercapacitors and other conventional lithium-ion batteries have gained a substantial market share.

Opportunities:

Integration in Smart Grid Infrastructure

  • Graphene-based supercapacitors have a great deal of potential due to the ongoing development of smart grids. The capacity of these supercapacitors to deliver and absorb energy quickly is essential for real-time supply and demand balancing, which maintains grid stability.
  • The intermittent nature of renewable energy sources can be managed by graphene-based supercapacitors, which smooth out variations and increase overall grid efficiency as these sources are further integrated into the system.

Expansion in Wearable and Flexible Electronics

  • The market for wearable electronics is expanding and there is a great need for flexible as well as robust lightweight energy storage options. This is where graphene-based supercapacitors come into play. The creation of ultra-thin supercapacitors which can be seamlessly integrated into textiles and other flexible electronics to provide power solutions is made possible by the excellent conductivity and flexibility of graphene.

Graphene Based Supercapacitors Market Segmentation

The market is segmented based on Type, Application, and Region.

Type Insights:

  • Electrical Double Layer Capacitors: Electrical Double Layer Capacitors is currently the most dominant segment in the target market as it offer high power density, making them suitable for a wide range of applications that require rapid energy delivery. Innovations in graphene materials are significantly enhancing the performance of EDLCs, further solidifying their leading position in the market.
  • Pseudocapacitor: Redox-reactive electrodes, which store charge by electrochemical processes as opposed to merely electrostatic buildup, are used in pseudocapacitors. Charge storage occurs through reversible redox reactions at the electrode surfaces, leading to higher capacitance compared to EDLCs.
  • Asymmetric Supercapacitor: This segments use different materials for the positive and negative electrodes, combining the properties of EDLCs and pseudocapacitors.
  • Others: This segment includes hybrid supercapacitors, multi-layer capacitors, or supercapacitors utilizing novel materials or designs. These devices may offer unique benefits or address specific needs not covered by conventional supercapacitors.

Application Insights:

  • Automotive: This segment is expected to dominate the target market growth as graphene based supercapacitors in automotive applications are used for energy storage and regenerative braking systems. They offer quick charge and discharge cycles, which are beneficial for automotive systems requiring rapid energy delivery and recovery.
  • Industrial Power Systems: In industrial settings, graphene-based supercapacitors are used for backup power systems to provide uninterrupted power supply during outages. They help in power conditioning and stabilization by smoothing out fluctuations and providing quick bursts of energy to stabilize industrial processes.
  • Aerospace & Military: Graphene-based supercapacitors are used in aerospace and military applications for their high power density, which is crucial for applications requiring rapid energy bursts.
  • Consumer Electronics: Supercapacitors based on graphene are being utilised more often in consumer electronics for portable devices because of their quick charging and discharging times. By supplying brief power bursts, they support power management systems in gadgets such as tablets, smartphones, and wearable technologies.
  • Others: This segment includes various other conditions like medical devices, smart grids, research and development, etc. In medical devices, graphene-based supercapacitors are used for energy storage in implants and portable medical equipment, benefiting from their long cycle life and quick charging capabilities. Whereas smart grids find applications in various consumer appliances for power backup and conditioning.  

Regional Insights

  • North America: North America is expected the dominant region in the Graphene-based Supercapacitors Market due to its advanced technological infrastructure, substantial research and development investments, and strong industrial base.  
  • Asia Pacific: Governments in Asia Pacific are promoting research and development in advanced materials and energy storage technologies. Graphene-based supercapacitors are becoming more and more popular due to significant technological improvements and high rates of new technology adoption.  
  • Europe: Numerous research facilities and innovation centres devoted to the advancement of graphene-based technology are located in this area. The development of new materials and sustainable energy solutions, such as supercapacitors, is encouraged by European legislation and policies.  
  • Latin America: Graphene-based Supercapacitors Market in this region is still developing, with growing interest in energy storage solutions.
  • Middle East and Africa: Interest in advanced energy storage solutions is growing in this region, driven by developments in renewable energy projects and industrial applications.  

Graphene-based Supercapacitors Market Report Scope:

Attribute

Details

Market Size 2024

US$ 3.9 Billion

Projected Market Size 2034

US$ 21.2 Billion

CAGR Growth Rate

20.5%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Electrical Double Layer Capacitors, Pseudocapacitor, Asymmetric Supercapacitor, and Others

By Application - Automotive, Industrial Power Systems, Aerospace & Military, Consumer Electronics, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Type, Application, and Region.

By Type:

  • Electrical Double Layer Capacitors
  • Pseudocapacitor
  • Asymmetric Supercapacitor
  • Others

By Application:

  • Automotive
  • Industrial Power Systems
  • Aerospace & Military
  • Consumer Electronics
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Graphene Based Supercapacitors Market Key Players

The key players operating the Graphene-based Supercapacitors Market include Nanotech Energy, Inc., Skeleton Technologies, Graphene Flagship, International Graphene Institute, Heraeus Holding GmbH, Enevate Corporation, Imprint Energy, Inc., Elcora Advanced Materials Corp., Grafoid Inc., American Battery Technology Company, Sila Nanotechnologies, Innovnano, AGC Inc., Aixtron SE, and Versarien plc.

Graphene-based Supercapacitors Market Key Players

Graphene Based Supercapacitors Market Key Issues Addressed

  • In May 2024, Australian start-up EnyGy International has been named in the top 10 new supercapacitor companies by the highly reputable innovation intelligence platform. EnyGy’s proprietary graphene-based nanotechnology is drawing worldwide attention for its capability to significantly increase the energy density of supercapacitors. The enyGy team is profoundly focused on the technological advancement and commercialization related to four of the current industry trends highlighted by StartUs Insights: high-voltage supercapacitors, graphene-based materials, nanotechnology, and hybrid supercapacitors.
  • According to the research article by Optica Publishing Group, Recently, graphene-based supercapacitors (G-SCs) have attracted extensive attention for their excellent flexibility and electrochemical performance. Laser fabrication of G-SCs exhibits obvious superiority because of the simple procedures and integration compatibility with future electronics.  In addition, the unique characteristics of laser-enabled G-SCs, such as structured graphene, graphene hybrids, and heteroatom doping graphene-related electrodes, are presented. Subsequently, laser-enabled miniaturized, stretchable, and integrated G-SCs are also discussed.  
  • Elsevier B.V. published a research article in November 2020 stating that graphene-based materials are being investigated extensively for use as active electrode materials in energy storage and conversion devices, particularly supercapacitors (SCs). The key features that make them reliable and helpful conduits for charge transport are their large electrochemically active surface area, hierarchical porous structure, superior compressibility, high mechanical stability, and great conductivity.

Graphene Based Supercapacitors Market Company Profile

  • Nanotech Energy, Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Skeleton Technologies
  • Graphene Flagship
  • International Graphene Institute
  • Heraeus Holding GmbH
  • Enevate Corporation
  • Imprint Energy, Inc.
  • Elcora Advanced Materials Corp.
  • Grafoid Inc.
  • American Battery Technology Company
  • Sila Nanotechnologies
  • Innovnano
  • AGC Inc.
  • Aixtron SE
  • Versarien plc

“*” marked represents similar segmentation in other categories in the respective section.

Graphene Based Supercapacitors Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Electrical Double Layer Capacitors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pseudocapacitor
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Asymmetric Supercapacitor
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends

Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Industrial Power Systems
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aerospace & Military
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Consumer Electronics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Nanotech Energy, Inc.
  • Skeleton Technologies
  • Graphene Flagship
  • International Graphene Institute
  • Heraeus Holding GmbH
  • Enevate Corporation
  • Imprint Energy, Inc.
  • Elcora Advanced Materials Corp.
  • Grafoid Inc.
  • American Battery Technology Company
  • Sila Nanotechnologies
  • Innovnano
  • AGC Inc.
  • Aixtron SE
  • Versarien plc.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Graphene-based Supercapacitors Market was valued at US$ 3.9 Billion in 2024 and is projected to grow at a CAGR of 20.5% to reach US$ 21.2 million by 2034.

Graphene-based Supercapacitors Market is segmented into Type, Application and Region.

Factors driving the market include growth in renewable energy adoption, and increasing demand for Electric Vehicles (EVs).

The Graphene-based Supercapacitors Market's restraints include competition from alternative technologies.

The Graphene-based Supercapacitors Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Graphene-based Supercapacitors Market include Nanotech Energy, Inc., Skeleton Technologies, Graphene Flagship, International Graphene Institute, Heraeus Holding GmbH, Enevate Corporation, Imprint Energy, Inc., Elcora Advanced Materials Corp., Grafoid Inc., American Battery Technology Company, Sila Nanotechnologies, Innovnano, AGC Inc., Aixtron SE, and Versarien plc.