India Supercapacitors Market, By End User (Consumer Electronics, Energy, Industrial, Automotive, Others), By Type (Double-Layer Capacitor, Pseudo capacitors, Hybrid Capacitors), By Capacitance (Less Than 1F, 1F to 100F, More than 100F), By Region, Competition, Forecast & Opportunities, 2018-2028

India Supercapacitors Market

A supercapacitor electrostatically retailers potential energy inside itself. High power throughput allows charging and discharging in a fraction of time. Supercapacitors have much higher power density than batteries. This makes them ideal for high energy consumption applications such as powering electric vehicles. They find themselves useful in Wind Turbines, Computers Memory System, and Digital Products. They have a long service life, do not heat much due to internal resistance, and can store and release energy. Supercapacitors can be recharged in seconds and unlike batteries, which rely on internal chemical reactions and therefore quickly deplete, supercapacitors do not degrade over time.

Use in Electric Vehicles propel the India Supercapacitors Market

USD1.3 billion (Rs. 10,000 crore) were allocated for supporting more than 1 million two-wheelers, three-wheelers, passenger vehicles and buses. In 2021, Indian Government launched

Electronic Industry is driving the market growth of Supercapacitors

Supercapacitors are used in various electronic devices such as laptop computers, PDAs, GPS, portable media players, hand-held devices, and photovoltaic systems. In 2022, the government has approved a USD 2,357.6 million (Rs. 19,500 crore) Production Linked Incentive (PLI) scheme for photovoltaic (PV) manufacturing. The program is expected to achieve gigawatt (GW) scale production capacity of high efficiency photovoltaic modules.

Latest Developments driving the market growth

In 2022, GODI India manufactured India's first 3000F high power supercapacitor at its Hyderabad facility. These supercapacitors are used in electric vehicles (EVs) and renewable energy storage systems (ESS) application. The company will commission a 200kWh supercapacitor production facility to serve various regional needs and export markets.

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Market Segmentation

India Supercapacitors Market is segmented into end user, type, capacitance, and region. Based on end user, the market is bifurcated into consumer electronics, energy, industrial, automotive, and others. Based on type, the market is further bifurcated into double-layer capacitor, pseudo capacitors, and hybrid capacitors. Based on capacitance, the market is further bifurcated into less than 1 farad, 1 farad to 100 farad, and more than 100 f

Market player

Major market players in the