The Ultracapacitor Market means the global market of ultracapacitors – also termed supercap or electric double layer capacitor (EDLC). These energy storage devices have a high energy density, they can undergo charge-discharge cycling at a fast rate and they do not degrade quickly as conventional batteries. ULTRACAPACITORS are extensively applied in applications that demand short-term energy delivery, automobile, clean tech, electronics, and manufacturing industries. This factor has helped them find application in places they can either supplement or substitute batteries in solutions that require energy storage.