Automotive ultra-capacitors are equipped into vehicles in order to carry out the start-stop function, which shuts off the vehicle’s engine during a stop and restarts the engine when the brake is released, which saves fuel. An ultra-capacitor can also be termed as super capacitor.

Scarcity of energy resources is prompting measures to save energy, which is the need of the hour for the current generation. An ultra-capacitor enables the recycle of specific amount of energy in the automobile. Therefore, energy saving is a key factor driving the automotive ultra-capacitor market. Stringent regulations on carbon emissions of vehicles enacted by regulatory bodies all over globe are also likely to boost the automotive ultra-capacitor market.

The global automotive ultra-capacitor market can be segmented based on application, end-user, vehicle type, electric vehicle type, and region.

Based on application, the automotive ultra-capacitor market can be classified into start-stop operation, regenerative braking system (RBS), and others. RBS is an energy regaining appliance incorporated in the braking system of the vehicle, which is used to convert heat energy into electrical energy. This generated energy in the form of electricity is again employed to carry out numerous functions in the vehicle. The ultra-capacitor is used to store that energy. Friction between the brake pads and wheels leads to generation of heat. The RBS utilizes the motor-generator to convert the generated heat into electrical energy, which is stored with help of ultra-capacitor. This is estimated to boost the RBS segment of the market at a significant CAGR during the forecast period.

In terms of vehicle type, the automotive ultra-capacitor market can be bifurcated into passenger vehicles and commercial vehicles. The passenger vehicles segment can be further sub-segmented into hatchback cars, sedans, multi- purpose vehicles, and sport utility vehicles (SUVs). The SUVs sub-segment held a significant share of the passenger vehicles segment of the market, owing to the higher production of the SUVs. The commercial vehicles segment can be further split into light-weight commercial vehicles and heavy commercial vehicles.

Based on electric vehicle, the automotive ultra-capacitor market can be divided into battery electric vehicles, plug-in electric vehicles, and hybrid vehicles. A battery electric vehicle utilizes the on-board rechargeable energy storage system such as battery and motors. A hybrid engine vehicle comprises an internal combustion (IC) and electric battery; however, the electric battery is recharged completely by waste heat and energy from the conventional engine when the car is decelerating.

In terms of sales channel, the automotive ultra-capacitor market can be bifurcated into OEM and aftermarket. The OEM segment held a major share of the market, owing to more number of vehicle manufacturers incorporating ultra-capacitors in their vehicle models.

In terms of region, the automotive ultra-capacitor market can be segmented into North America, Latin America, Asia Pacific, Middle East & Africa, and Europe. Asia Pacific is likely to lead the market during forecast period, owing to the high production of vehicles in developed countries, such as China, Japan, and South Korea, in the region and increasing demand for vehicles in countries such as India and those in ASEAN. Countries in Latin America are developing at a rapid pace, post the economic and political shutdown. Brazil and Mexico are likely to be major manufacturers of vehicles in the region in the near future. The U. S. being a pioneer in the manufacturing of innovative automotive products is likely to account for a significant share of the global market during the forecast period.

Key players operating in the global automotive ultra-capacitor market include Maxwell Technologies, Panasonic, Nesscap, NEC Tokin, Yunasko, LS Mtron, Skeleton Technologies, Nippon Chemi-Con, CAP-XX, and Ioxus.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Automotive Ultracapacitor Market

Pre Book