Automotive Ultra-capacitor Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – Maxwell Technologies, Skeleton Technologies, Panasonic Corporation

The report presents an in-depth assessment of the Automotive Ultra-capacitor Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Automotive Ultra-capacitor investments from 2021 till 2025.

Automotive Ultra-capacitor market is growing at a CAGR of 5.5% during the forecast period (2021-2025).

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The Automotive Ultra-capacitor market is highly competitive and consists of a number of major players. Top Companies like Maxwell Technologies, Skeleton Technologies, Panasonic Corporation, Nesscap, Nippon Chem-Con Corporation, Hitachi AIC Inc., ELNA America Inc., LOXUS Inc., Yunasko Ltd, Nichicon Corporation, LS Mtron Ltd

Industry News And Developments:

– Maxwell Technologies Inc. announced a technology partnership with Zhejiang Geely Holding Group (Geely), the parent company of leading brands, such as Volvo and Geely Auto. This partnership focuses on the integration of ultra-capacitors and advanced power conversion electronics into Geely’s global automotive vehicle lineup, in support of its fleet electrification strategy.

Scope of the Report

Ultra-capacitors, typically connected in tandem with vehicle batteries, support peak load demands for short intervals (which is less than 30 seconds), encountered during start/stop and regeneration braking applications. The capacity for quick recharge and discharge of high energy offered by ultra-capacitors have driven vehicle manufacturers, to deploy them in the start/stop systems and regenerative braking systems. Primary energy sources, like internal combustion engines, fuel cells, and batteries in the vehicles, were identified to be inefficient in handling peak power demand or recapturing energy during the aforementioned applications.

Key Market Trends

Growing Stringent Emission Regulations

– The use of ultra-capacitor has expanded the battery capacity and enables vehicle manufacturers to achieve fuel efficiency, extended battery life, reduced vehicle weight, and reduced carbon dioxide (CO2) emissions. To adhere to the stringent emission regulations across the world, an ultra-capacitor is likely to penetrate at a faster rate in all vehicle types, including conventional, hybrid, and electric vehicles.

– In 2013, in the United States, carbon dioxide emission averaged 369 grams per mile, which were down by 7 grams per mile from the 2012 figure. As per the US EPA, for 2014, 2015, and 2016, adjusted CO2 emission values went down to 369 g/mile, 361 g/mile, and 359 g/mile, respectively. This standard further reduced the emission standard to 352 g/mile (preliminary) for the vehicles for FY 2017.

Asia-Pacific and Europe to Dominate the Automotive Ultra-capacitor Market

– China overtook both the European and US markets in the annual sales of electric vehicles, (China has accounted for almost four times the sales of plug-in electric vehicles compared to the United States) .

– China is already using super capacitors in hybrid buses. These buses are equipped with stop-start engines, in which super capacitors reduce the load on the battery, which increases the lifetime of the batteries.

– Due to continuous innovation, the Chinese manufacturers have been able to expand their super capacitor portfolio. The CRRC, the Chinese state-owned rolling stock manufacturer and the world’s largest train builder, developed graphene-based super capacitors that may power electric buses with higher efficiency and for a longer period.

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What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: Automotive Ultra-capacitor Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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