At 23.3% CAGR Supercapacitor Market Expected to Reach $16.95 Billion by 2027 | Nippon Chemi-Con Corporation, Skeleton Technologies, Ioxus Inc., LS Mtron Ltd
Innovative Supercapacitors to Offer Excellent Performance in Space and Commercial Applications
Supercapacitors are nothing but high-density, long life cycle, and excellent capacity retentive devices that can be utilized in storage devices. Considering the potential and requirement of supercapacitors in the commercial application, scientists across the world have taken different steps to bring innovations. From developing novel electrodes to reduce weight of energy storage devices that are utilized in space exploration activities to bringing low-cost and excellent performance devices, scientists have been unlocking the potential and introducing new devices for different applications.
The potential is unlimited, the research activities have gained momentum across the world, and the demand is expected surge. According to the report published by Allied Market Research, the global supercapacitor market is expected to reach $16.95 billion by 2027. Researchers have fastened their seatbelts to develop electrodes that would enhance capabilities of supercapacitors and offer high performance.
The global supercapacitor market size was valued at $3.27 billion in 2019 and is expected to reach $16.95 billion by 2027, growing at a CAGR of 23.3% from 2020 to 2027.
Researchers from the UC Santa Cruz and the UC Merced collaborated to develop porous carbon aerogels for electrodes in supercapacitors required to operate batteries at ultra-low temperatures. As per the research published in Nano Letters, one of the leading researchers of the report highlighted that heating components incorporated into the storage devices utilized in low-temperature operations in space missions are nothing but extra weight. In addition, they also need continuous power supply. So, researchers worked on reducing this weight and improve device performance through structural engineering of electrodes.
They developed 3D-printed porous carbon aerogels with the help of cellulose nanocrystal-based ink. Then the ink was freeze-dried and applied on the surface of electrodes. This formed multi-scale porous materials, carried out ion diffusion, and enabled charge transfer by electrodes at ultra-low temperatures such as -94 °F (-70 °C). This energy storage capacitance is higher than any other supercapacitors utilized for low temperatures. The team of researchers will collaborate further with NASA scientists for improving device performance.
Another team of researchers from the other part of the world developed a supercapacitor that has great capacitive retention. Scientists from the International Advanced Research Center for Powder Metallurgy and New Materials (ARCI) joined hands with researchers from the Indian Institute of Technology Hyderabad (IIT-H) for development of an innovative electrode material that can be utilized in energy storage devices.
They found a scalable and cost-effective way to synthesize electrodes and form hybrid supercapacitors. They incorporated oxygen vacancies into nanosheet structures of Nickel Cobaltite (NiCo2O4) into electrodes and provide excellent electrochemical performance. The hybrid supercapacitors are formed and they offer features of conventional supercapacitors and batteries. This makes them high power and high density devices for energy storage.
Get Related Information
