[b]Super capacitors[/b] are electronic devices having greater capacitance and higher energy density than conventional capacitors. [b]Supercapacitor[/b] uses double layer capacitance, psuedocapacitance or a combination of both the mechanisms to store electric energy. Based on the energy storage mechanism they can be classified in three basic types; electrostatic double layer capacitor, electrochemical pseudocapacitor and hybrid capacitors.

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Electrochemical battery has a defined life cycle but the [b]supercapacitor[/b] can be charged and discharged unlimited number of times with a very little wear and tear. Under normal working conditions, superconductor will fade to 80% of its efficiency in 10 years. Supercapacitors can work in a very wide temperature range from -40 degrees to over 70 degrees. Self-discharge rate of supercapacitors is substantially higher as compared to battery; superconductor discharges to 50% of its capacity in 30 to 40 days.

The [b]supercapacitor[/b] attains its properties from the interaction of internal materials used for manufacturing it. The thermal and electrical characteristics of the capacitor depend on the combination of the electrode material and the electrolyte type. [b]Supercapacitors[/b] work at a low voltage and its safe operation requires the voltage to remain within specific limits, series combination of cells is required for higher voltage applications.

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A recent study suggests that the [b]supercapacitor market[/b] is estimated to register a CAGR of around 35.4% for the period 2015-20. The market for supercapacitor is projected to reach around $4.2 Billion in 2012. [b]Consumer electronics and automotive segment will be the highest revenue generating segments for supercapacitors[/b]. North America was a leading market region for supercapacitors in 2014 with 43% market revenue followed by Europe with 26% market revenue.

The major advantages from [b]super capacitors[/b] are: power supply stabilization, energy storage, voltage stabilizations and energy regeneration among others. Super capacitors have a wide range of applications. [b]Super Capacitors[/b] have wide range of applications in various industries which include industries such as Consumer Electronics, Industrial Automation, Power & Energy, Healthcare, Transportation and others.

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Huge amount of funds have been pooled in the recent years to conduct R&D for development of the supercapacitor importantly from countries such as China, France, Korea and U.S being high. The players in the [b]super capacitor market[/b] are putting significant efforts towards new and innovative product lines which are expected to sharply increase the demand for super capacitors. Companies are focusing on product development and product launch as a strategy to capture higher market share. Technological development will help [b]supercapacitor industry[/b] in improving energy density and proving higher power performance. Supercapacitor as of now cannot replace batteries but are used along with batteries to obtain higher efficiency, provide reliable functioning and increase life of batteries.

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