Market Overview:
Ultracapacitors are devices that store and release electrical energy, which can be used to power electric vehicles, industrial equipment, and other electronics. Ultracapacitors have a number of advantages over traditional batteries, including faster charging times, longer lifespans, and the ability to function in a wider range of temperatures. The global ultracapacitor market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The global ultracapacitor market is segmented by type into less than 10 volts modules, 10 volts to 25 volts modules, 25 volts to 50 volts modules 50 volts 100 volt modules), and above 100 volt modules. The automotive segment is expected to be the largest contributor to the global ultrcapcitor market in terms of revenue in 2018. This segment is projectedto grow at a CAGR of 17% from 2018-2030 owingto the increasing demand for electric vehicles globally .
Product Definition:
An ultracapacitor (ultra, super, or extreme capacitors) is a high-capacity capacitor with capacitance values above 330 Farads. Ultracapacitors are used in applications requiring very high power density and very fast discharge times such as automotive starting, regenerative braking and heavy equipment operation. Ultracapacitors can also be used to buffer power loads from renewable energy sources such as solar and wind generation systems.
Less Than 10 Volts Modules:
The global less than 10 volts modules, it's usage and growth factor in ultracapacitor market size was valued at USD 6.5 million in 2015. The increasing demand for energy storage devices such as batteries is expected to drive the industry growth over the forecast period.
10 Volts to 25 Volts Modules:
The 10-25V modules are designed to charge or discharge batteries of 12 V and 24 V systems. They can also be used as a power source for electronic devices such as digital cameras, MP3 players, laptops and tablets. The main features of these products include high efficiency, compact size and lightweight.
Application Insights:
The automotive segment is expected to emerge as the fastest-growing application segment over the forecast period owing to its potential in fuel cell, electric vehicles, and hybrid vehicles. Ultracapacitors offer benefits such as increased power density, weight reduction, and improved performance in hybrid and electric cars. The technology also offers sustainable solutions by reducing environmental impact through reduced carbon emissions from automobiles.
Ultracapacitors provide faster acceleration than batteries with longer range; however, they drain quickly when used in smartphones or laptops computers which makes them less suitable for these electronic devices compared to their demand in automotive applications. Furthermore, ultracapacitors have a higher power density than conventional batteries which makes them an ideal solution for long journeys where additional energy storage is required but space is limited.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region with a CAGR of XX% from 2018 to 2030. The regional growth can be attributed to increasing demand for energy storage devices in countries, such as South Korea and Japan. In addition, rising industrialization and rapid urbanization in the region are anticipated to fuel market growth over the forecast period.
The Middle East & Africa accounted for a significant share of global revenue owing to large oil & gas reserves present across major countries including Saudi Arabia, UAE, Iran, Nigeria etc., which has led towards an increase in ultracapacitor deployment across end-use industries such as oil & gas industry and power generation sectors. Furthermore, growing electronics industry coupled with high adoption rate of new technologies is also expected drive regional market growth over the forecast period.
Growth Factors:
- Increasing demand for electric vehicles: The ultracapacitor market is expected to grow at a high rate owing to the increasing demand for electric vehicles. Ultracapacitors can store more energy than traditional capacitors and are ideal for use in electric vehicles as they help improve performance and increase the driving range.
- Growing popularity of renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits. Ultracapacitors can be used to store energy from these sources, helping to reduce reliance on traditional fossil fuels.
- Rising demand from industrial sector: The industrial sector is a key adopter of ultracapacitor technology, with applications in areas such as material handling, metal processing, and automotive manufacturing. The growing need for efficient and reliable power systems in industries is expected to drive the growth of the ultracapcitor market in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultracapacitor Market Research Report
By Type
Less Than 10 Volts Modules, 10 Volts to 25 Volts Modules, 25 Volts to 50 Volts Modules, 50 Volts to 100 Volts Modules, Above 100 Volts Modules
By Application
Automotive, Industrial, Electronics, Energy
By Companies
Maxwell, Panasonic, Nesscap, AVX, ELNA, Korchip, Nippon Chemi-Con, Ioxus, Nichicon, Shenzhen Technology Innovation Green (TIG), VinaTech, Jinzhou Kaimei Power, Samwha, Jianghai Capacitor, Supreme Power Solutions, Shanghai Aowei Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Ultracapacitor Market Report Segments:
The global Ultracapacitor market is segmented on the basis of:
Types
Less Than 10 Volts Modules, 10 Volts to 25 Volts Modules, 25 Volts to 50 Volts Modules, 50 Volts to 100 Volts Modules, Above 100 Volts Modules
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial, Electronics, Energy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maxwell
- Panasonic
- Nesscap
- AVX
- ELNA
- Korchip
- Nippon Chemi-Con
- Ioxus
- Nichicon
- Shenzhen Technology Innovation Green (TIG)
- VinaTech
- Jinzhou Kaimei Power
- Samwha
- Jianghai Capacitor
- Supreme Power Solutions
- Shanghai Aowei Technology
Highlights of The Ultracapacitor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less Than 10 Volts Modules
- 10 Volts to 25 Volts Modules
- 25 Volts to 50 Volts Modules
- 50 Volts to 100 Volts Modules
- Above 100 Volts Modules
- By Application:
- Automotive
- Industrial
- Electronics
- Energy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultracapacitor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultracapacitors are a type of energy storage device that can be discharged very quickly, which makes them useful for applications like electric cars and drones. They are also used in medical devices to store energy for long periods of time.
Some of the major companies in the ultracapacitor market are Maxwell, Panasonic, Nesscap, AVX, ELNA, Korchip, Nippon Chemi-Con, Ioxus, Nichicon, Shenzhen Technology Innovation Green (TIG), VinaTech, Jinzhou Kaimei Power, Samwha, Jianghai Capacitor, Supreme Power Solutions, Shanghai Aowei Technology.
The ultracapacitor market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ultracapacitor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ultracapacitor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ultracapacitor Market - Supply Chain
4.5. Global Ultracapacitor Market Forecast
4.5.1. Ultracapacitor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ultracapacitor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ultracapacitor Market Absolute $ Opportunity
5. Global Ultracapacitor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ultracapacitor Market Size and Volume Forecast by Type
5.3.1. Less Than 10 Volts Modules
5.3.2. 10 Volts to 25 Volts Modules
5.3.3. 25 Volts to 50 Volts Modules
5.3.4. 50 Volts to 100 Volts Modules
5.3.5. Above 100 Volts Modules
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ultracapacitor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ultracapacitor Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial
6.3.3. Electronics
6.3.4. Energy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ultracapacitor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ultracapacitor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ultracapacitor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ultracapacitor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ultracapacitor Demand Share Forecast, 2019-2029
9. North America Ultracapacitor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ultracapacitor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ultracapacitor Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial
9.4.3. Electronics
9.4.4. Energy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ultracapacitor Market Size and Volume Forecast by Type
9.7.1. Less Than 10 Volts Modules
9.7.2. 10 Volts to 25 Volts Modules
9.7.3. 25 Volts to 50 Volts Modules
9.7.4. 50 Volts to 100 Volts Modules
9.7.5. Above 100 Volts Modules
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ultracapacitor Demand Share Forecast, 2019-2029
10. Latin America Ultracapacitor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ultracapacitor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ultracapacitor Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial
10.4.3. Electronics
10.4.4. Energy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ultracapacitor Market Size and Volume Forecast by Type
10.7.1. Less Than 10 Volts Modules
10.7.2. 10 Volts to 25 Volts Modules
10.7.3. 25 Volts to 50 Volts Modules
10.7.4. 50 Volts to 100 Volts Modules
10.7.5. Above 100 Volts Modules
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ultracapacitor Demand Share Forecast, 2019-2029
11. Europe Ultracapacitor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ultracapacitor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ultracapacitor Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial
11.4.3. Electronics
11.4.4. Energy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ultracapacitor Market Size and Volume Forecast by Type
11.7.1. Less Than 10 Volts Modules
11.7.2. 10 Volts to 25 Volts Modules
11.7.3. 25 Volts to 50 Volts Modules
11.7.4. 50 Volts to 100 Volts Modules
11.7.5. Above 100 Volts Modules
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ultracapacitor Demand Share, 2019-2029
12. Asia Pacific Ultracapacitor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ultracapacitor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ultracapacitor Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial
12.4.3. Electronics
12.4.4. Energy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ultracapacitor Market Size and Volume Forecast by Type
12.7.1. Less Than 10 Volts Modules
12.7.2. 10 Volts to 25 Volts Modules
12.7.3. 25 Volts to 50 Volts Modules
12.7.4. 50 Volts to 100 Volts Modules
12.7.5. Above 100 Volts Modules
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ultracapacitor Demand Share, 2019-2029
13. Middle East & Africa Ultracapacitor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ultracapacitor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ultracapacitor Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial
13.4.3. Electronics
13.4.4. Energy
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ultracapacitor Market Size and Volume Forecast by Type
13.7.1. Less Than 10 Volts Modules
13.7.2. 10 Volts to 25 Volts Modules
13.7.3. 25 Volts to 50 Volts Modules
13.7.4. 50 Volts to 100 Volts Modules
13.7.5. Above 100 Volts Modules
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ultracapacitor Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Ultracapacitor Market: Market Share Analysis
14.2. Ultracapacitor Distributors and Customers
14.3. Ultracapacitor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Maxwell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nesscap
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AVX
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ELNA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Korchip
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nippon Chemi-Con
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ioxus
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nichicon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shenzhen Technology Innovation Green (TIG)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. VinaTech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jinzhou Kaimei Power
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Samwha
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jianghai Capacitor
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Supreme Power Solutions
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai Aowei Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
