Supercapacitor Market � Global Industry Analysis and Forecast (2020-2027)

Mayurikathade08 Aug, 2022Business

Supercapacitor Market size was valued at US$ 3.7 Bn. in 2020 and the total revenue is expected to grow at 23.3% CAGR through 2021 to 2027, reaching nearly US$ 16.95 Bn. Supercapacitor Market Overview: The supercapacitor is a two-terminal passive electronic device, which provides very high capacitance as compared to the normal capacitor. Supercapacitors are also known as ultracapacitors and electrochemical capacitors. It combines of properties of capacitors and batteries into one component. The Vikram Sarabhai Space Center (VSSC) of the Indian Space Research Organization (ISRO) created the technology for processing supercapacitors (2.5 V) of variable capacitance values, such as 5 F, 120 F, 350 F, and 500 F to meet specific space and societal needs.