Ultracapacitor Market: Growth, Trends, and Forecast (2025-2034)
The Ultracapacitor Market was valued at USD 2.31 billion in 2024 and is projected to grow from USD 2.67 billion in 2025 to USD 9.76 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 15.5% during the forecast period (2025 - 2034). Ultracapacitors, also known as supercapacitors, are energy storage devices that store and release energy more efficiently than traditional batteries, making them ideal for applications requiring high power output over short periods.
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