Supercapacitors Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by End-user (Automotive, Power, Electronics, Medical, Aerospace, Others), By Type (Double Layer, Hybrid Capacitors, Pseudo Capacitors), By Region, By Competi

Supercapacitors Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by End-user (Automotive, Power, Electronics, Medical, Aerospace, Others), By Type (Double Layer, Hybrid Capacitors, Pseudo Capacitors), By Region, By Competition, 2019-2029F

Global Supercapacitors Market was valued at USD 704.23 Million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 11.57% through 2029. The Supercapacitors Market refers to the commercial landscape involving the development, production, and distribution of supercapacitors, also known as ultracapacitors or electric double-layer capacitors (EDLCs). These devices are distinguished by their high-capacity energy storage capabilities, rapid charge-discharge cycles, and long operational lifespans compared to traditional batteries. Supercapacitors find extensive applications across various sectors, including automotive, consumer electronics, energy, industrial, and transportation. In the automotive industry, they are increasingly used for regenerative braking systems and start-stop functionalities. Consumer electronics benefit from supercapacitors' ability to provide backup power and enhance battery performance in devices like smartphones, tablets, and wearable technology. The energy sector leverages supercapacitors for grid stabilization, renewable energy storage, and backup power solutions, while industrial applications include power quality management and emergency shutdown systems.

The market is driven by the rising demand for energy-efficient and high-performance storage solutions, advancements in supercapacitor technology, and the growing emphasis on sustainability and green energy solutions. Key players in this market are continually investing in research and development to innovate and improve the performance and cost-efficiency of supercapacitors. The market is also characterized by strategic collaborations, mergers, and acquisitions to expand product portfolios and enhance market presence. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World, with Asia-Pacific being a dominant region due to the rapid industrialization and adoption of advanced technologies in countries like China, Japan, and South Korea. Overall, the Supercapacitors Market is poised for significant growth, driven by technological advancements, increasing application scope, and the global shift towards sustainable energy solutions.

Key Market Drivers

Growing Demand for Renewable Energy Integration

The global push towards renewable energy sources such as solar and wind power is significantly driving the supercapacitors market. These energy sources, while environmentally friendly, present challenges in energy storage and distribution due to their intermittent nature. Supercapacitors, known for their rapid charge and discharge capabilities, offer a viable solution to these challenges. Unlike traditional batteries, supercapacitors can store and release energy quickly, making them ideal for balancing supply and demand in renewable energy systems. They can be used in conjunction with solar panels and wind turbines to store excess energy during peak production times and release it when production is low, thus ensuring a stable and reliable energy supply. This capability is crucial as the world transitions towards a more sustainable energy infrastructure. Additionally, the increasing number of government policies and incentives aimed at boosting renewable energy adoption further propels the demand for supercapacitors. For instance, many countries are implementing subsidies and tax incentives for renewable energy projects, indirectly driving the need for efficient energy storage solutions like supercapacitors. This trend is expected to continue as nations strive to meet their climate goals, thereby significantly expanding the supercapacitors market.

Advancements in Electric Vehicles (EVs) Technology

The rapid advancements and increasing adoption of electric vehicles (EVs) represent a major driver for the supercapacitors market. EVs require efficient energy storage systems to manage power demands during acceleration and braking, where supercapacitors excel due to their high power density and quick charging capabilities. Unlike conventional batteries, supercapacitors can endure more charge-discharge cycles without significant degradation, making them ideal for the regenerative braking systems in EVs. This technology captures the kinetic energy during braking and stores it for later use, enhancing the overall efficiency of the vehicle. Furthermore, the global automotive industry is witnessing a paradigm shift with major manufacturers investing heavily in EV technologies to comply with stringent emission regulations and cater to the growing consumer demand for sustainable transportation. This shift is complemented by the development of hybrid systems that combine supercapacitors and batteries, optimizing performance and longevity. As EV infrastructure, such as charging stations, expands globally, the role of supercapacitors becomes even more critical, fostering market growth. The ongoing research and development efforts to improve supercapacitor technology, focusing on energy density and cost reduction, are also poised to enhance their adoption in the EV sector, driving market expansion.

Increasing Need for Efficient Power Management in Consumer Electronics

The consumer electronics market's rapid growth and evolution drive the demand for supercapacitors due to their superior power management capabilities. Modern consumer electronics, such as smartphones, laptops, wearable devices, and other portable gadgets, require efficient energy storage solutions to support high-performance features while maintaining compact sizes. Supercapacitors offer a significant advantage over traditional batteries in these applications due to their ability to deliver quick bursts of energy, support high power demands, and recharge rapidly. This makes them ideal for devices that require quick energy delivery, such as cameras with flash, wearable tech needing fast recharging, or smartphones with high-energy consumption features. The trend towards miniaturization and the demand for longer battery life in consumer electronics further accentuate the need for advanced energy storage solutions. Moreover, the growing emphasis on the Internet of Things (IoT) and connected devices increases the necessity for reliable and efficient power sources. Supercapacitors, with their robustness and longevity, are well-suited to meet these needs, driving their market growth. As technology advances and consumer preferences evolve, the integration of supercapacitors in consumer electronics is expected to rise, supported by ongoing innovations aimed at enhancing their energy density and reducing costs.

Key Market Challenges

Limited Energy Density

One of the primary challenges facing the supercapacitors market is the issue of limited energy density. Supercapacitors, while excelling in power density and offering rapid charge and discharge capabilities, fall significantly short when it comes to energy storage compared to traditional batteries. This disparity arises because supercapacitors store energy through electrostatic means rather than through chemical reactions, which inherently limits the amount of energy they can hold per unit weight or volume. Despite advancements in materials science, the gap in energy density between supercapacitors and batteries remains substantial. This limitation restricts the use of supercapacitors in applications where long-term energy storage is critical, such as in electric vehicles (EVs) or renewable energy storage systems. While they can complement batteries by providing quick bursts of power and improving overall system efficiency, their inability to store large amounts of energy over long periods makes them unsuitable as the sole energy source for many high-demand applications.

The development of high-energy-density supercapacitors is hampered by material and technological constraints. The pursuit of advanced electrode materials like graphene, carbon nanotubes, and metal oxides has shown promise, but these innovations often come with increased costs and complex manufacturing processes. Balancing the cost, performance, and scalability of these materials remains a significant hurdle. Additionally, the industry's focus on improving energy density must also consider the trade-offs with other critical parameters such as cycle life, thermal stability, and safety. As a result, achieving a breakthrough in energy density without compromising other performance metrics continues to be a challenging task. Overcoming this challenge is crucial for the broader adoption of supercapacitors in various sectors, including automotive, consumer electronics, and grid energy storage. Without significant advancements in energy density, supercapacitors will remain limited to niche applications, and their market potential will be constrained by their inability to meet the energy storage demands of larger, more energy-intensive systems.

High Manufacturing Costs and Material Availability

Another major challenge in the supercapacitors market is the high manufacturing costs and the availability of raw materials. The production of supercapacitors involves complex processes and high-quality materials, which contribute to their overall cost. Key components such as electrode materials, electrolyte solutions, and separators need to meet stringent performance standards, which often drives up the expense. Advanced materials like activated carbon, carbon nanotubes, and graphene, while offering superior performance characteristics, are expensive and difficult to produce at scale. The synthesis of these materials requires sophisticated techniques and substantial energy inputs, leading to high production costs. Moreover, the limited availability of some raw materials, such as high-purity graphite for graphene production, poses additional supply chain challenges. These factors collectively contribute to the high cost of supercapacitors, making them less competitive compared to conventional batteries in many applications.

Material costs, the manufacturing processes for supercapacitors are not yet fully optimized for large-scale production. Techniques like chemical vapor deposition for graphene and other nanomaterials, electrode fabrication, and assembly processes are still evolving. Scaling these processes while maintaining quality and performance standards is a significant industrial challenge. The need for cleanroom environments and precision engineering further adds to the production costs. Moreover, the supercapacitor industry faces competition from the well-established battery industry, which benefits from economies of scale and decades of optimization. To achieve cost parity or superiority, the supercapacitor industry must innovate in both materials and manufacturing techniques. This includes developing cost-effective synthesis methods, improving process efficiencies, and exploring alternative, abundant materials that can deliver similar performance at lower costs. Addressing these manufacturing and material challenges is essential for the widespread adoption of supercapacitors, enabling them to penetrate mass markets and compete effectively with batteries in a broader range of applications. Without significant reductions in manufacturing costs and improvements in material availability, the growth potential of the supercapacitors market will remain constrained by economic factors.

Key Market Trends

Shift towards Hybrid & Fully Electric Vehicles (EVs)

The electric vehicle (EV) industry is experiencing rapid growth, driven by the global push towards reducing carbon emissions and dependency on fossil fuels. As EV adoption rises, the demand for advanced energy storage solutions like supercapacitors is also increasing. Supercapacitors, known for their high power density, rapid charge and discharge capabilities, and long cycle life, are becoming essential components in EV powertrains. Unlike traditional batteries, supercapacitors can deliver quick bursts of energy, making them ideal for applications such as regenerative braking, acceleration, and load leveling in EVs. The regenerative braking system in EVs captures and stores energy that would otherwise be lost during braking. Supercapacitors excel in this role due to their ability to quickly absorb and release energy, thus improving the efficiency and performance of the vehicle. Additionally, supercapacitors can supplement batteries by providing additional power during peak load conditions, thereby enhancing the overall lifespan and performance of the battery system.

The shift towards hybrid and fully electric vehicles is further driving the integration of supercapacitors. Automakers are investing heavily in research and development to create more efficient and reliable energy storage systems. Companies like Tesla, Toyota, and BMW are exploring the potential of supercapacitors to enhance their EV offerings. The market for supercapacitors in EVs is expected to grow significantly as these companies seek to improve vehicle performance, reduce charging times, and extend driving ranges. Moreover, government incentives and regulations promoting green transportation are also contributing to the adoption of supercapacitors. For instance, many countries are implementing stringent emission norms and offering subsidies for electric vehicle purchases, which in turn boosts the demand for advanced energy storage technologies like supercapacitors.

Advancements in Supercapacitor Technology

The supercapacitor market is witnessing significant advancements in technology, driven by ongoing research and development efforts. Innovations in materials science, manufacturing processes, and design are enhancing the performance characteristics of supercapacitors, making them more attractive for a wide range of applications. One of the key areas of innovation is the development of new electrode materials. Researchers are exploring the use of graphene, carbon nanotubes, and other nanomaterials to increase the energy density of supercapacitors. These advanced materials offer higher surface area and better electrical conductivity, which translates to improved energy storage capacity and faster charge-discharge cycles. For example, graphene-based supercapacitors are showing promise in achieving energy densities that rival those of traditional batteries while maintaining the inherent advantages of supercapacitors.

Another area of focus is the improvement of electrolytes used in supercapacitors. Solid-state electrolytes, ionic liquids, and hybrid electrolytes are being developed to enhance the stability, safety, and performance of supercapacitors. These advancements are crucial for extending the operational life and broadening the temperature range of supercapacitors, making them suitable for more demanding applications. Furthermore, the integration of supercapacitors with other energy storage systems is gaining traction. Hybrid systems that combine supercapacitors with batteries or fuel cells are being designed to leverage the strengths of each technology. Such systems can provide high power output, rapid energy delivery, and improved energy management, which are critical for applications in renewable energy, grid stabilization, and transportation.

Segmental Insights

End-user Insights

The electronics segment held the largest market share in 2023. The supercapacitors market in the electronics segment is experiencing robust growth, driven by several compelling factors. One of the primary drivers is the rising demand for energy-efficient and high-performance electronic devices. Supercapacitors, with their ability to deliver rapid bursts of energy, offer significant advantages over traditional batteries in terms of energy density and power output. This makes them particularly suitable for applications in consumer electronics such as smartphones, tablets, and wearable devices, where quick charging and longer battery life are highly desirable.

The proliferation of portable electronics and the increasing need for miniaturization of electronic components have further fueled the adoption of supercapacitors. As devices become smaller and more complex, the requirement for reliable and compact energy storage solutions becomes paramount. Supercapacitors, known for their long cycle life and high reliability, provide an ideal solution, thereby driving market growth.

Another significant factor contributing to the market expansion is the growing integration of supercapacitors in automotive electronics. The automotive industry is increasingly incorporating advanced electronic systems for enhanced performance, safety, and infotainment. Supercapacitors play a crucial role in these systems by providing quick energy bursts needed for functions like regenerative braking, start-stop systems, and electric turbochargers. This integration not only improves vehicle efficiency but also aligns with the global push towards sustainable and green technologies, thereby boosting the market for supercapacitors.

The rise of the Internet of Things (IoT) and the increasing deployment of smart devices and sensors are propelling the demand for supercapacitors. IoT devices often require reliable and efficient power sources to ensure seamless operation over extended periods. Supercapacitors, with their ability to rapidly charge and discharge, are ideal for powering these devices, thus supporting their widespread adoption across various industries, including healthcare, smart homes, and industrial automation.

The advancements in supercapacitor technology are also playing a pivotal role in market growth. Continuous research and development efforts have led to significant improvements in supercapacitor performance, including increased energy density, reduced costs, and enhanced durability. These technological advancements have expanded the range of applications for supercapacitors in the electronics segment, making them a more viable and attractive option for manufacturers.

Supportive government policies and initiatives promoting the use of energy-efficient technologies are bolstering the supercapacitors market. Governments worldwide are increasingly focusing on reducing carbon emissions and enhancing energy efficiency, which has led to the implementation of favorable regulations and incentives for adopting advanced energy storage solutions like supercapacitors. This regulatory support is encouraging both manufacturers and consumers to invest in supercapacitors, thereby driving market growth.

The increasing awareness among consumers regarding the environmental benefits of supercapacitors is contributing to their growing adoption. Supercapacitors are known for their long lifecycle and ability to operate efficiently across a wide range of temperatures, which reduces the frequency of replacements and minimizes electronic waste. This aligns with the growing consumer preference for sustainable and eco-friendly products, further fueling the demand for supercapacitors in the electronics segment.

The supercapacitors market in the electronics segment is being driven by a confluence of factors, including the demand for energy-efficient devices, the miniaturization trend, automotive applications, IoT proliferation, technological advancements, supportive policies, and environmental consciousness. These drivers collectively create a dynamic and favorable environment for the continued growth and development of the supercapacitors market.

Regional Insights

Asia Pacific region held the largest market share in 2023. The Asia-Pacific region is witnessing a significant surge in the demand for supercapacitors, driven by a confluence of technological advancements, government initiatives, and the increasing need for efficient energy storage solutions. One of the primary market drivers is the burgeoning electric vehicle (EV) industry. Governments across the region, particularly in China, Japan, and South Korea, are heavily investing in EV infrastructure and offering subsidies to promote the adoption of electric vehicles, which, in turn, is escalating the demand for supercapacitors known for their rapid charging capabilities and long lifecycle. Additionally, the rapid urbanization and industrialization in these countries are spurring the need for stable and reliable power supply systems, where supercapacitors play a critical role in bridging the power gap during peak demand periods and providing backup power in case of outages.

The increasing focus on renewable energy sources such as solar and wind energy is another significant driver. Supercapacitors are being increasingly integrated with renewable energy systems to enhance energy storage and manage the intermittency associated with renewable power generation. The push for sustainable and green energy solutions is leading to substantial investments in supercapacitor technology to improve grid stability and energy efficiency.

The consumer electronics sector is also a major contributor to the market growth. With the proliferation of smartphones, wearables, and other portable electronic devices, there is a growing need for compact, high-performance energy storage solutions. Supercapacitors offer quick charge-discharge cycles, making them ideal for consumer electronics that require frequent and fast charging.

Advancements in technology and materials science are driving down the cost of supercapacitors while improving their energy density and performance. Innovations in nanotechnology and the development of hybrid supercapacitors are expanding their application scope, making them more competitive with traditional batteries. Research and development activities, often supported by government funding, are focusing on enhancing the energy density and reducing the overall cost, thereby making supercapacitors a more viable option for a wider range of applications.

The industrial sector's shift towards automation and the growing trend of Industry 4.0 are also propelling the demand for supercapacitors. In automated manufacturing and robotics, supercapacitors are utilized for providing burst power and maintaining energy stability during sudden spikes in power demand. The robustness and long operational life of supercapacitors make them suitable for use in harsh industrial environments, further solidifying their position in the market.

Regulatory frameworks and policies promoting energy efficiency and emission reductions are compelling industries to adopt more sustainable and efficient energy storage solutions. Supercapacitors, with their high efficiency and lower environmental impact compared to conventional batteries, are increasingly being favored to meet these regulatory requirements.

The supercapacitors market in the Asia-Pacific region is being driven by a combination of governmental support, technological advancements, and the increasing demand across various sectors including automotive, renewable energy, consumer electronics, and industrial applications. The synergy of these factors is creating a robust and dynamic market environment, fostering innovation and growth in the supercapacitor industry.

Key Market Players
  • Eaton Corporation plc
  • Maxwell Technologies Korea Co., Ltd.
  • Skeleton Technologies GmbH
  • CAP-XX Limited
  • KYOCERA Corporation
  • LS Mtron Ltd.
  • Tokin Corporation
  • Shanghai Aowei Technology Development Co. Ltd
Report Scope:

In this report, the Global Supercapacitors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • Supercapacitors Market, By End-user:
  • Automotive
  • Power
  • Electronics
  • Medical
  • Aerospace
  • Others
Supercapacitors Market, By Type:
  • Double Layer
  • Hybrid Capacitors
  • Pseudo Capacitors
Supercapacitors Market, By Region:
  • North America
United States


  • Asia-Pacific



South Korea

  • Europe

United Kingdom



  • South America

  • Middle East & Africa
Saudi Arabia

South Africa




Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Supercapacitors Market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.3. Markets Covered
1.4. Years Considered for Study
1.5. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
4. Voice of Customers
5. Global Supercapacitors Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By End-user (Automotive, Power, Electronics, Medical, Aerospace, Others)
5.2.2. By Type (Double Layer, Hybrid Capacitors, Pseudo Capacitors)
5.2.3. By Region
5.3. By Company (2023)
5.4. Market Map
6. North America Supercapacitors Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By End-user
6.2.2. By Type
6.2.3. By Country
6.3. North America: Country Analysis
6.3.1. United States Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
6.3.2. Canada Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
6.3.3. Mexico Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
7. Asia-Pacific Supercapacitors Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By End-user
7.2.2. By Type
7.2.3. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
7.3.2. India Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
7.3.3. Japan Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
7.3.4. South Korea Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
7.3.5. Indonesia Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
8. Europe Supercapacitors Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By End-user
8.2.2. By Type
8.2.3. By Country
8.3. Europe: Country Analysis
8.3.1. Germany Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
8.3.2. United Kingdom Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
8.3.3. France Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
8.3.4. Russia Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
8.3.5. Spain Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
9. South America Supercapacitors Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By End-user
9.2.2. By Type
9.2.3. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
9.3.2. Argentina Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
10. Middle East & Africa Supercapacitors Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By End-user
10.2.2. By Type
10.2.3. By Country
10.3. Middle East & Africa: Country Analysis
10.3.1. Saudi Arabia Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
10.3.2. South Africa Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
10.3.3. UAE Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
10.3.4. Israel Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
10.3.5. Egypt Supercapacitors Market Outlook Market Size & Forecast By Value Market Share & Forecast By End-user By Type
11. Market Dynamics
11.1. Drivers
11.2. Challenge
12. Market Trends & Developments
13. Company Profiles
13.1. Eaton Corporation plc
13.1.1. Business Overview
13.1.2. Key Revenue and Financials
13.1.3. Recent Developments
13.1.4. Key Personnel
13.1.5. Key Product/Services
13.2. Maxwell Technologies Korea Co., Ltd.
13.2.1. Business Overview
13.2.2. Key Revenue and Financials
13.2.3. Recent Developments
13.2.4. Key Personnel
13.2.5. Key Product/Services
13.3. Skeleton Technologies GmbH
13.3.1. Business Overview
13.3.2. Key Revenue and Financials
13.3.3. Recent Developments
13.3.4. Key Personnel
13.3.5. Key Product/Services
13.4. CAP-XX Limited
13.4.1. Business Overview
13.4.2. Key Revenue and Financials
13.4.3. Recent Developments
13.4.4. Key Personnel
13.4.5. Key Product/Services
13.5. KYOCERA Corporation
13.5.1. Business Overview
13.5.2. Key Revenue and Financials
13.5.3. Recent Developments
13.5.4. Key Personnel
13.5.5. Key Product/Services
13.6. LS Mtron Ltd.
13.6.1. Business Overview
13.6.2. Key Revenue and Financials
13.6.3. Recent Developments
13.6.4. Key Personnel
13.6.5. Key Product/Services
13.7. Tokin Corporation
13.7.1. Business Overview
13.7.2. Key Revenue and Financials
13.7.3. Recent Developments
13.7.4. Key Personnel
13.7.5. Key Product/Services
13.8. Shanghai Aowei Technology Development Co. Ltd
13.8.1. Business Overview
13.8.2. Key Revenue and Financials
13.8.3. Recent Developments
13.8.4. Key Personnel
13.8.5. Key Product/Services
14. Strategic Recommendations
15. About Us & Disclaimer

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