Global Ultracapacitor Market: Snapshot

The global ultracapacitors market is growing significantly and is likely to observe a high growth in the next few years. The increasing research and development activities, along with the rising innovations are likely to support the growth of the market in the near future. The increasing awareness among people regarding the benefits of reducing the carbon emission is projected to encourage the growth of the global ultracapacitors market in the next few years. In addition to this, the increasing support from private and public organizations for saving fuels and reducing pollution are predicted to propel the global ultracapacitors market in the next few years.

As per the market intelligence study by Transparency Market Research, in 2012, the global capacitors market was worth US$0.7 bn. The market is further expected to reach a value of US$3.1 bn by the end of 2019, registering a strong 25.20% CAGR between 2013 and 2019.

Growing Demand from Automotive Sector to Accelerate Market Growth

The increasing trend of green technology has resulted in a high demand for environment-friendly energy storage solutions, thus encouraging the growth of the overall market in the next few years. The strict rules and regulations that have been imposed by the governments concerning the carbon emission, which is likely to accelerate the growth of the global ultracapacitors market in the near future. On the other hand, the lack of awareness among consumers, especially in emerging economies and the high cost of ultracapacitors are estimated to restrict the growth of the overall market in the near future.

The global ultracapacitors market has been classified on the basis of application into industrial, automotive, energy, electronics, and others. Among these, the automotive segment is anticipated to register a promising growth rate in the next few years. The growing demand for ultracapacitors in buses and cars is projected to accelerate the growth of this segment in the near future.

Asia Pacific to Lead Global Ultracapacitors Market in Coming Few Years

The global ultracapacitors market has been categorized on the basis of geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these, Asia Pacific held a large share of the global ultracapacitors market and is predicted to witness a promising growth in the near future. The increasing contribution from Japan and China and the stringent government regulations concerning the carbon emission are some of the key factors that are estimated to accelerate the growth of the ultracapacitors market across Asia Pacific in the next few years. Furthermore, the increasing use of ultracapacitors in hybrid buses, especially in China is likely to support market growth in the near future.

The global ultracapacitors market is moderately competitive in nature with a few number of players operating in it across the globe. At present, the global ultracapacitors market is at a developing stage and is projected to witness a healthy growth in the next few years. In order to enhance their business horizon, the key players are putting emphasis on the development of new products and innovations. In addition to this, the rise in the investments by the leading players is projected to support the market and enhance the competitive environment of the market in the coming few years. Some of the key players operating in the ultracapacitors market across the globe are Nippon Chemi-Con Corp., Panasonic, Maxwell Technologies, LS Mtron, and VINATech.

High Demand by Energy Storage Applications to Boost Ultracapacitors Market

Ultracapacitors are free from the features of conventional battery such as critical rates of charging, short lifestyle, and cold intolerance. Engineering developments continue to progress the technology of ultracapacitors and are projected to be a major factor causing batteries and supercapacitors to converge. In future application areas, including construction equipment, medicine, public transportation, and residential power, is anticipated further strengthen the combination of pulse power design and specific energy storage. Growing importance of these capacitors is estimated to support development of the global ultracapacitors market in the years to come.

Ultracapacitor is one of the fastest emerging technologies and extensively utilized by thousands of energy storage applications. Their operational efficiency, greater protection, high reliability, high capacity, and ability to charge and discharge rapidly in unfavorable temperatures are amongst some of the major advantages over batteries. These benefits are expected to contribute to the robust growth of global ultracapacitors market in the near future.

Technological Advancements and Rising Demand for Pulse Batteries to Support Market Growth

As the market for supercapacitors attempts for portable and wireless devices with innovative features packed into a compact space, key businesses are working on the creation of enhanced solutions for power supply. These products are being developed as a substitute to pulse batteries. However, manufacturers need to make sure that these devices come with an extended shelf-life as compared to batteries accomplish this feat. The increasing demand for effective wear and tear properties due to chemical reactions and long battery life is forecasted to propel growth of the global ultracapacitors market in the near future.

Over the past few years, price, a long-considered enigma, has adversely affected the market; however, the emergence of lightweight, affordable supercapacitors accompanied by high conductivity, high surface area and outstanding chemical and physical stability, signifies an epoch for novel apps. In particular, the manufacturers of fuel cells, Adjustable-Speed Drives (ASDs), and Uninterruptible Power Supplies (UPS), have increased their adoption of ultracapacitors for the development of enhanced products.

Ultracapacitors also known as supercapacitors or Electrical double-layer capacitors (EDLC) is expected to see a robust growth in next six years. This is due to its increasing demand across various application sectors such as automotive, wind, electronics, industrial and military. Currently, driven by its several applications in the automotive sector in HEVs and trains, this market is expected to emerge as a supplement and replacement to conventional batteries. The application of ultracapacitors alongside batteries is expected to increase, and ultracapacitors are also expected to emerge as a replacement for batteries in the coming years. Batteries and ultracapacitors can be differentiated primarily on the basis of their functionality. Ultracapacitors are power devices whereas batteries are energy devices.

 

This report has been segmented by application and by geography and also includes the drivers, restraints and opportunities (DROs), Porter’s five forces analysis and value chain of the ultracapacitors market. The study highlights current market trends and also provides the forecast from 2013 to 2019. We have also covered the current market scenario for ultracapacitors and highlighted its future trends that will impact demand.

 

By geography, the market has been segmented into North America, Europe, Asia Pacific and RoW. In given regions, major countries such as U.S., UK, China, Japan, and Germany are covered extensively.

 

The report also analyzes macro economic factors influencing and inhibiting the growth of ultracapacitors market. Porter’s five forces analysis offers insights on market competition throughout its value chain. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

 

The global ultracapacitors market here refers to the market, by application and by geography, and is categorized into the following segments:

 

Ultracapacitors Market by Applications

  • Automotive
    • Bus
    • Auto
    • Train
    • Others
  • Industrial
    • Cranes
    • Valves
    • Mining
    • Smart Grid
  • Energy
    • Wind
    • Solar
    • Energy Harvesting
  • Electronics
    • Solid State Disk Drive
    • Non-volatile RAM
    • UPS
  • Others (Aerospace/Military and Sensor Technology)

Ultracapacitors Market by Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Singapore
    • Hong Kong
    • Rest of Asia Pacific
  • Rest of the World
    • South America
    • Africa
    • Middle East

The in-depth research and high level analysis will allow ultracapacitors market vendors and research and development agencies to make informed decisions about the ultracapacitors market, formulate growth strategies and gain competitive advantage.

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?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.

 

CHAPTER 1 PREFACE

1.1 RESEARCH DESCRIPTION

1.2 RESEARCH SCOPE

1.3 RESEARCH METHODOLOGY

 

CHAPTER 2 EXECUTIVE SUMMARY

 

CHAPTER 3 MARKET OVERVIEW

3.1 ROADMAP OF ULTRACAPACITORS

3.2 MARKET DYNAMICS

      3.2.1 DRIVERS

      3.2.2 RESTRAINTS

      3.2.3 OPPORTUNITIES

3.3 MARKET TRENDS AND FUTURE OUTLOOK

3.4 PORTER’S FIVE FORCES ANALYSIS

      3.4.1 BARGAINING POWER OF SUPPLIERS

      3.4.2 BARGAINING POWER OF BUYERS

      3.4.3 THREAT OF SUBSTITUTES

      3.4.4 THREAT OF NEW ENTRANTS

      3.4.5 COMPETITIVE RIVALRY

3.5 MARKET ATTRACTIVENESS ANALYSIS

      3.5.1 MARKET ATTRACTIVENESS BY APPLICATION

3.6 MARKET SHARE ANALYSIS BY KEY PLAYERS

 

CHAPTER 4 ULTRACAPACITORS MARKET ANALYSIS, BY APPLICATION

4.1 OVERVIEW

4.2 AUTOMOTIVE

      4.2.1 MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

4.3 INDUSTRIAL

      4.3.1 MARKET SIZE AND FORECAST, 2013 – 2019 (USD MILLION)

4.4 ENERGY

      4.4.1 MARKET SIZE AND FORECAST, 2013 – 2019 (USD MILLION)

4.5 ELECTRONICS

      4.5.1 MARKET SIZE AND FORECAST, 2013 – 2019 (USD MILLION)

4.6 OTHERS (AEROSPACE/MILITARY AND SENSOR TECHNOLOGY)

      4.6.1 MARKET SIZE AND FORECAST, 2013 – 2019 (USD MILLION)


CHAPTER 5 ULTRACAPACITORS MARKET ANALYSIS AND FORECAST, BY GEOGRAPHY

5.1 OVERVIEW

5.2 NORTH AMERICA ULTRACAPACITORS MARKET

      5.2.1 NORTH AMERICA ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

5.3 EUROPE ULTRACAPACITORS MARKET 

      5.3.1 EUROPE ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

5.4 ASIA PACIFIC ULTRACAPACITORS MARKET

      5.4.1 ASIA PACIFIC ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

5.5 ROW ULTRACAPACITORS MARKET

      5.5.1 ROW ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

 

CHAPTER 6 COMPANY PROFILES

6.1 MAXWELL TECHNOLOGIES INC.

      6.1.1 COMPANY OVERVIEW

      6.1.2 FINANCIAL OVERVIEW

      6.1.3 BUSINESS STRATEGY

      6.1.4 SWOT ANALYSIS

      6.1.5 RECENT DEVELOPMENTS

6.2 NESSCAP CO. LTD.

      6.2.1 COMPANY OVERVIEW

      6.2.2 FINANCIAL OVERVIEW

      6.2.3 BUSINESS STRATEGY

      6.2.4 SWOT ANALYSIS

      6.2.5 RECENT DEVELOPMENTS

6.3 PANASONIC CORPORATION

      6.3.1 COMPANY OVERVIEW

      6.3.2 FINANCIAL OVERVIEW

      6.3.3 BUSINESS STRATEGY

      6.3.4 SWOT ANALYSIS

      6.3.5 RECENT DEVELOPMENTS

6.4 IOXUS, INC.

      6.4.1 COMPANY OVERVIEW

      6.4.2 FINANCIAL OVERVIEW

      6.4.3 BUSINESS STRATEGY

      6.4.4 SWOT ANALYSIS

      6.4.5 RECENT DEVELOPMENTS

6.5 NIPPON CHEMI-CON CORP. CHEMI-CON CORPORATION

      6.5.1 COMPANY OVERVIEW

      6.5.2 FINANCIAL OVERVIEW

      6.5.3 BUSINESS STRATEGY

      6.5.4 SWOT ANALYSIS

      6.5.5 RECENT DEVELOPMENTS

6.6 YUNASKO

      6.6.1 COMPANY OVERVIEW

      6.6.2 FINANCIAL OVERVIEW

      6.6.3 BUSINESS STRATEGY

      6.6.4 SWOT ANALYSIS

      6.6.5 RECENT DEVELOPMENTS

6.7 SUPREME POWER SOLUTIONS CO., LTD.

      6.7.1 COMPANY OVERVIEW

      6.7.2 FINANCIAL OVERVIEW

      6.7.3 BUSINESS STRATEGY      

      6.7.4 SWOT ANALYSIS

      6.7.5 RECENT DEVELOPMENTS

6.8 CAP-XX

      6.8.1 COMPANY OVERVIEW

      6.8.2 FINANCIAL OVERVIEW

      6.8.3 BUSINESS STRATEGY

      6.8.4 SWOT ANALYSIS

      6.8.5 RECENT DEVELOPMENTS

6.9 LS MTRON

      6.9.1 COMPANY OVERVIEW

      6.9.2 FINANCIAL OVERVIEW

      6.9.3 BUSINESS STRATEGY

      6.9.4 SWOT ANALYSIS

      6.9.5 RECENT DEVELOPMENTS

6.10 NEC-TOKIN

      6.10.1 COMPANY OVERVIEW

      6.10.2 FINANCIAL OVERVIEW

      6.10.3 BUSINESS STRATEGY

      6.10.4 SWOT ANALYSIS

      6.10.5 RECENT DEVELOPMENTS

6.11 VINATECH CO. LTD.

      6.11.1 COMPANY OVERVIEW

      6.11.2 FINANCIAL OVERVIEW

      6.11.3 BUSINESS STRATEGY

      6.11.4 SWOT ANALYSIS

      6.11.5 RECENT DEVELOPMENTS

LIST OF TABLES

 

TABLE 1 GLOBAL ULTRACAPACITORS MARKET SNAPSHOT

TABLE 2 ULTRACAPACITORS MARKET SIZE AND FORECAST BY APPLICATION, 2013 - 2019 (USD MILLION)

TABLE 3 DRIVERS OF GLOBAL ULTRACAPACITORS MARKET: IMPACT ANALYSIS

TABLE 4 LIFE CYCLE COMPARISON OF BATTERIES AND ULTRACAPACITORS

TABLE 5 RESTRAINTS OF GLOBAL ULTRACAPACITORS MARKET: IMPACT ANALYSIS

TABLE 6 PRICE COMPARISON OF ULTRACAPACITORS

TABLE 7 GLOBAL ULTRACAPACITORS IN AUTOMOTIVE SECTOR MARKET REVENUE AND FORECAST, BY TYPES OF VEHICLES 2011 - 2019 (USD MILLION)

TABLE 8 GLOBAL ULTRACAPACITORS IN INDUSTRIAL SECTOR MARKET REVENUE AND FORECAST, 2011 - 2019 (USD MILLION)

TABLE 9 GLOBAL ULTRACAPACITORS IN ENERGY SECTOR MARKET REVENUE AND FORECAST, 2011 - 2019 (USD MILLION)

TABLE 10 GLOBAL ULTRACAPACITORS IN ELECTRONICS SECTOR MARKET REVENUE AND FORECAST, 2011 - 2019 (USD MILLION)

TABLE 11 NORTH AMERICA ULTRACAPACITORS MARKET SIZE AND FORECAST BY COUNTRY, 2013 - 2019 (USD MILLION)

TABLE 12 EUROPE ULTRACAPACITORS MARKET SIZE AND FORECAST BY COUNTRY, 2013 - 2019 (USD MILLION)

TABLE 13 ASIA PACIFIC ULTRACAPACITORS MARKET SIZE AND FORECAST BY COUNTRY, 2013 - 2019 (USD MILLION)

TABLE 14 ROW ULTRACAPACITORS MARKET SIZE AND FORECAST BY COUNTRY, 2013 - 2019 (USD MILLION)

LIST OF FIGURES 

 

FIG. 1 MARKET SEGMENTATION: GLOBAL ULTRACAPACITORS MARKET

FIG. 2 EVOLUTION OF ULTRACAPACITORS

FIG. 3 ULTRACAPACITORS PORTERS FIVE FORCES ANALYSIS

FIG. 4 GLOBAL ULTRACAPACITORS MARKET VALUE CHAIN ANALYSIS

FIG. 5 GLOBAL ULTRACAPACITORS MARKET ATTRACTIVENESS, BY APPLICATION

FIG. 6 GLOBAL ULTRACAPACITORS IN AUTOMOTIVE SECTOR MARKET SIZE AND FORECAST, 2013 VS 2019 (USD MILLION)

FIG. 7 GLOBAL ULTRACAPACITORS IN AUTOMOTIVE SECTOR MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 8 GLOBAL ULTRACAPACITORS IN INDUSTRIAL SECTOR MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 9 GLOBAL ULTRACAPACITORS IN ENERGY SECTOR MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 10 GLOBAL ULTRACAPACITORS IN ELECTRONICS SECTOR MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 11 GLOBAL ULTRACAPACITORS IN OTHERS SECTOR MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 12 GLOBAL ULTRACAPACITORS MARKET BY GEOGRAPHY, 2013 VS 2019 (USD MILLION)

FIG. 13 NORTH AMERICA ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 14 EUROPE ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 15 ASIA-PACIFIC ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 16 REST OF THE WORLD ULTRACAPACITORS MARKET SIZE AND FORECAST, 2013 - 2019 (USD MILLION)

FIG. 17 MARKET SHARE BY KEY ULTRACAPACITORS VENDORS, 2012 (VALUE %)

FIG. 18 MAXWELL TECHNOLOGIES ANNUAL REVENUE AND ULTRACAPACITORS SEGMENT REVENUE, 2010 - 2012, (USD MILLION)

FIG. 19 NESSCAP ENERGY INC. ANNUAL REVENUE, 2010 - 2012, (USD MILLION)

FIG. 20 PANASONIC CORPORATION ANNUAL REVENUE AND INDUSTRIAL SYSTEMS SEGMENT REVENUE, 2010-2012, (USD BILLION)

FIG. 21 NIPPON CHEMI-CON CORP. CHEMI-CON CORPORATION NET SALES, 2010-2012 (USD MILLION)

FIG. 22 CAP-XX ANNUAL REVENUE, 2010-2012 (USD MILLION)

FIG. 23 LS MTRON ANNUAL REVENUE, 2010-2011 (USD MILLION)

FIG. 24 GLOBAL CONSTRUCTION MARKET REVENUE, 2010 – 2018 (USD BILLION)

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

Capacitors Market