AUTOMOTIVE ULTRACAPACITOR MARKET

KEY FINDINGS

• The global automotive ultracapacitor market is projected to experience significant growth, driven by increasing demand for energy-efficient and environmentally friendly technologies in the automotive sector
• Automotive manufacturers are introducing many new features that often require significant peak power or backup power support in case of power interruption. Ultracapacitors can supply that power.
• The vehicle voltage rail can suffer sags, e.g. during engine cranking in stop-start operation. An Ultracapacitor can support the voltage rail and prevent interruptions to vehicle electronics such as the EMS, GPS, radio, etc, hence increasing the scope for future application.
• Ultracapacitors store significant energy with virtually unlimited cycle life. In the event of power failure, they can provide backup power for essential systems allowing a safe stop, or provide power for emergency e-calls. With practically unlimited cycle life an ultracapacitor is a very reliable backup energy source.
• Increasing demand for electric and hybrid vehicles, driving the need for efficient energy storage solutions like ultracapacitors, impacting the development of more sustainable and energy-efficient vehicles.
• Adoption of ultracapacitors in regenerative braking systems, enhancing fuel efficiency and reducing emissions, contributing to more environmentally friendly vehicles and lowering operational costs.
• Asia Pacific currently holds the largest share of the global automotive ultracapacitor market. Countries like China, Japan, and South Korea, with their thriving automotive industries and increasing adoption of electric and hybrid vehicles
• Europe and North America are projected to experience the highest growth rate during the forecast period. The region's focus on sustainable transportation solutions, stringent emissions regulations, and the presence of major automotive manufacturers and ultracapacitor suppliers are fueling this rapid growth.
•  Asia Pacific region is expected to remain the largest market for automotive ultracapacitors by 2030. The region's massive automotive production capabilities, rising disposable incomes, and government initiatives promoting eco-friendly vehicles
• Regulatory initiatives and incentives promoting the adoption of energy-efficient and sustainable technologies in the automotive sector, encouraging the integration of ultracapacitors and other eco-friendly solutions in vehicle designs.

AUTOMOTIVE ULTRACAPACITOR MARKET OVERVIEW

Ultracapacitors are becoming increasingly popular in the automotive industry due to their ability to rapidly charge and discharge electrical energy, making them an ideal choice for applications such as regenerative braking and start-stop systems. Overall, ultracapacitors offer several advantages for the automotive industry, including improved fuel efficiency, reduced emissions, and increased reliability. As a result, they are becoming an increasingly popular choice for energy storage in vehicles. If you need to add to yor platforms the superior benefits of FastCAP Ultracapacitors, clickhereand get in contact with us.

Ultracapacitors provide cranking power and voltage stabilization in start/stop systems, backup and peak power for key automotive applications – and serve as energy storage in regenerative braking systems.

INTRODUCTION

An automotive ultracapacitor, also known as an automotive supercapacitor or electric double-layer capacitor (ELDC), is an energy storage device that stores and releases electric energy with the help of electrostatic charge separation. The product is specially designed for automotive applications.In the highly competitive automotive market automakers are in a technology arms race. Cutting-edge innovations are appearing in every aspect of a vehicle, providing the owner with features and convenience they didn’t know they needed but cannot live without, as well as major improvements in safety. The move towards smaller and lighter components creates challenges to power this increase in capability. Ultracapacitor’s small size, high burst power and unlimited cycle life can be the solution to bridge the gap in power delivery.

A rapidly emerging and increasingly applied technology, ultracapacitors are capable of storing and discharging energy very quickly and effectively. Due to their many benefits, ultracapacitors are currently being utilized in thousands of different applications, and considered in an equally diverse range of future applications. Ultracapacitors complement a primary energy source which cannot repeatedly provide quick bursts of power, such as an internal combustion engine, fuel cell or battery. The future horizon looks brilliant for ultracapacitors, which already rank as a powerful alternative energy resource.

AUTOMOTIVE ULTRACAPACITOR MARKETTRENDS

•  Regenerative braking: When a vehicle brakes, kinetic energy is converted into electrical energy which can be stored in an ultracapacitor. This energy can then be used to power the vehicle's electrical systems, reducing the load on the alternator and improving fuel efficiency.
•  Start-stop systems: Ultracapacitors can be used to power the starter motor in start-stop systems, which automatically turn off the engine when the vehicle is stationary and restart it when the driver releases the brake pedal. This reduces fuel consumption and emissions, while also prolonging the life of the battery.
• Peak power demands: Ultracapacitors can be used to provide additional power to the vehicle's electrical system during peak power demands, such as when starting the engine or accelerating rapidly. This reduces the strain on the battery and ensures that the vehicle's electrical system operates smoothly.
•  Cold weather operation: Ultracapacitors are able to operate in extremely low temperatures, which is particularly important for automotive applications in cold climates. This allows the ultracapacitors to provide reliable performance in situations where traditional batteries may fail.

AUTOMOTIVE ULTRACAPACITOR MARKETSIZE AND FORECASTING

Global Automotive Ultracapacitor Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

AUTOMOTIVE ULTRACAPACITOR MARKETNEW PRODUCT DEVELOPMENT

1. US ultracapacitor company Maxwell Technologies has launched a higher voltage cell as it continues to target the transport, wind and grid application markets. The ultracapacitor-based energy storage and power delivery developer and manufacturer has added a 3-volt (3V), 3,000-farad ultracapacitor cell to its K2 range. The cell comes in the industry-standard 60 mm cylindrical form factor, incorporates Maxwell’s proprietary DuraBlue Advanced Shock and Vibration Technology, and can used alone or in hybrid configurations with batteries.
2. Skeleton Technologies has introduced “SuperBattery”, it’s a new product that combines supercapacitors and batteries and has joined a coalition of nine members, including Shell, that aims to electrify mining equipment. The SuperBattery doesn’t use any cobalt, copper, nickel or graphite. The company says it can last for 50,000 cycles. It is currently being used or tested in hybrid and fuel cell vehicles and charging infrastructure.
3. KEMET, part of the YAGEO Group and a leading global electronic components supplier announced the“FMU Series”supercapacitor/Ultracapacitor.It is a high-performance supercapacitor for automotive electronics. This series delivers 1,000 hours at 85°C/85% RH-rated voltage and has operational temperatures ranging from -40°C to 105°C. These supercapacitors are qualified for an automotive testing protocol. These capacitors are manufactured in an ISO TS 16949-certified plant and are subjected to PPAP/PSW and change control. They are ideal for automotive applications needing a main power system backup during a power loss, such as ADAS, autonomous vehicles, and central gateway ECUs

AUTOMOTIVE ULTRACAPACITOR MARKETSEGMENTATION

By Geography

• U.S.
• Europe
• China
• Asia Ex China
• Row

By Vehicle Category

• Passenger vehicle 
• Commercial Vehicle

By Vehicle Power generation

• Electric
• Hybrid
• ICE

By Vehicle type

• Car
• Bus
• Truck
• Other

AUTOMOTIVE ULTRACAPACITOR MARKETCOMPANY PROFILES

• KYOCERA AVX
• Maxwell Corporation
• Skeleton Technologies
• Kemet
• NEC
• TOKIN Inc.
• AVX
• ELNA Inc.
• Korchip Inc.
• Nichicon
• AVX Corporation
• CAP-XX Ltd
• PANASONIC CORPORATION
• KORCHIP Corporation
• IOXUS Inc.

AUTOMOTIVE ULTRACAPACITOR MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What is the average transaction price of the Global Automotive Ultracapacitor Market right now and how will it change in the next 5-6 years? 
2. Market share of Global Automotive Ultracapacitor vendors right now and their upcoming products
3. Average B2B  price for Ultracapacitor for Automobile, by Geography
4. The cost advantage for OEMs who manufacture Automotive Ultracapacitor in-house
5. 5 key predictions for the next 5 years in Global Automotive Ultracapacitor Market right now, latest trends in every market segment
6. The market size (both volume and value) of the Global Automotive Ultracapacitor Market in 2024-2030 and every year between
7. Production breakup of Global Automotive Ultracapacitor Market by suppliers and their OEM relationship
8. What is happening overall in the Global Automotive Ultracapacitor Market right now?
9. Who are the major players in the Global Automotive Ultracapacitor Market?
10. What are the business opportunities in the Global Automotive Ultracapacitor Market right now and What is the target group?
11. What are the plans for Global Automotive Ultracapacitor in five years?
12. What are the Threats in the Global Automotive Ultracapacitor Market in the next five years?