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Global supercapacitor market to grow 128% to 2018 lead by transport sector boost

Wed, 10/02/2013 - 10:39 -- Editor



The global market for supercapacitors will more than double to $836m in 2018, up from $466m in 2013, according to a report by Lux Research.

The report, ‘Power Play: Supercapacitor Innovation for Growth in Transportation and Electronics,’ said the growth would be driven mainly by adoption in transportation applications like hybrid buses and micro-hybrids.

Materials innovation is to lead to a 15% fall in cell prices - from $0.0096/F today to $0.0082/F in 2018, thanks to incremental performance improvements and manufacturing efficiency gains.

High-voltage operation at 3.5 V instead of 2.7 V could lower cell prices another 40%.

Graphene and nanostructured carbons offer higher capacity. The key material inside supercapacitors is active carbon, with the standard grade today providing capacitance of 100 F/g and costing around $28/kg. However, developers are pursuing higher capacity materials like graphene and nanostructured carbon.

Value proposition is weak in consumer electronics. Start-ups like Cap-XX, Paper Battery and Graphenix. The market is expected to value only $160m in 2018.