In 2023, the price per kilowatt-hour (kWh) for lithium-ion batteries decreased to approximately $130, compared to supercapacitors, which remain costlier in terms of energy storage per kWh. . The Asia-Pacific supercapacitors/ultracapacitors market is projected to reach $12,968. 6 million by 2033 from $1,946. 88% during the forecast period 2023-2033. The APAC supercapacitor and ultracapacitor market is rapidly expanding due to their critical role. . DUBLIN-- (BUSINESS WIRE)--The "Asia-Pacific Supercapacitors/Ultracapacitors Market: Focus on Application, Product, and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets. com's offering. 1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16. Rapid urbanization, industrialization, and an increasing reliance on renewable energy sources are anticipated to raise sales to USD 341. Growth is driven by adoption of automotive, consumer electronics, renewable energy, and industrial automation. High-performance, hybrid, and advanced capacitors are among the many energy storage options available in the APAC. .
