Ultra-capacitor are also referred as super capacitor, or double-layer capacitor, is an electrical component that has the capacity to carry a hundred times more electric charge than a conventional capacitor. Ultra-capacitor for electric bus possess high energy density and high capacitance, as compared to standard capacitors, and are considered highly suitable for electric and hybrid buses. Ultra-capacitor was developed and introduced in 1957 on a dual layer mechanism and is utilized for high power applications and applications where batteries are used. It can last for more than a million charging and discharging cycles with a very high rate of charge and discharge.

Rising demand for green public transport and necessity to curb transportation pollution are major factors that are expected to augment the ultra-capacitor market for electric bus during the forecast period. Electric bus is a growing trend boosting public transportation, as it is expected to be highly preferred rolling stock coupled with government tax credits and incentives and tax credit on purchase of electric bus across the globe. This is projected to drive the ultra-capacitor market for electric bus in the near future. Furthermore, ultra-capacitor offers numerous benefits such as long life, good reversibility, high efficiency, very low internal resistance, maintenance-free operation, safety, high power output, and simple loading methods. This, in turn, is anticipated to propel the ultra-capacitor market for electric bus during the forecast period. Another important advantage of ultra-capacitor for electric bus is that it can work well in a wide temperature range and can be recharged without degrading. These factors supplemented with surging sales of zero-emission buses around the world are anticipated to boost the ultra-capacitor market for electric bus during the forecast period. However, inability of the ultra-capacitor to withstand high voltage is projected to hamper the market during the forecast period.    

The global ultra-capacitor market for electric bus can be segmented based on construction type, propulsion, sales channel, and region. Based on construction type, ultra-capacitor market for electric bus can be bifurcated into electrochemical double layer capacitor (EDLC), hybrid capacitor, and pseudo capacitor. The electrochemical double layer capacitor (EDLC) segment leads the ultra-capacitor market for electric bus. It contains two carbon-based capacitors, a separator, and an electrolyte. The segment is projected to expand during the forecast period.

In terms of propulsion, the ultra-capacitor market for electric bus can be divided into fully electric bus and hybrid bus. The fully electric bus segment leads the ultra-capacitor market for electric bus as compared to the hybrid bus segment. Rise in demand for zero-emission public transportation is a key factor that is anticipated to drive the segment of the market during the forecast period.

Based on sales channel, the ultra-capacitor market for electric bus can be classified into original equipment manufacturer (OEM) and aftermarket. The OEM segment dominates the ultra-capacitor market for electric bus primarily due to the longer life span of the ultra-capacitor and increasing production and sales of electric bus around the world.  

Based on region, the global ultra-capacitor market for electric bus can be segregated into Europe, North America, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounts for a prominent share of the global ultra-capacitor market for electric bus. This is majorly attributed to the higher rate of adoption of electric buses in the region. Furthermore, countries such as China, Japan, India, and South Korea are planning on to replace their public transport systems with zero emission transport systems. This is a prominent factor that is anticipated to drive the ultra-capacitor market for electric bus in the region.

Prominent players operating in the global ultra-capacitor market for electric bus include Cellergy, AVX Corporation, Hitachi, Ltd., Eaton, SAMSUNG SDI CO., LTD., MAXWELL TECHNOLOGIES, INC., Panasonic Corporation, Nippon Chemical Industrial CO., LTD., Murata Manufacturing Co., Ltd., NICHIA CORPORATION, and Skeleton Technologies.

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

Electric Bus Ultra Capacitor Market

Pre Book