Automotive Ultra-Capacitor Market

Ultra-capacitors are electrical energy storage devices. Ultra-capacitors are used in buses, trucks, trains, and other vehicles. The electric vehicle is one of the major areas where the application of ultra-capacitors is expected to grow at a rapid pace. Government subsidies and incentives have provided the manufacturers the required impetus to promote electric vehicles. Ultra-Capacitors in electric vehicles have a high potential in the automotive industry; however, their development requires continuous collaboration between vehicle manufacturers and battery manufacturers.

The report highlights the automotive ultra-capacitors market, in terms of volume and value. The market volume is expressed in terms of thousand units, whereas the market value is expressed in terms of USD million for the forecast period 2017–2025.

The automotive ultra-capacitors market is segmented by power module type (< 10 volts, 10 volts - 25 volts, 25 volts - 50 volts, 50 volts - 100 volts, >100 volts), by application (Start-stop application, Regenerative braking system and Active suspension), by components, by transport mode, by electric vehicle, and by geography (Asia Pacific, Europe, North America, and RoW), focusing on key countries in each region.

The report features major players in the automotive ultra-capacitors market and provides insights about their business strategies. The report also includes the roadmap of their growth in the next five years. It also features drivers, restraints, opportunities, and challenges of the global automotive ultra-capacitor market.

Future of Ultra-capacitors

Ultra-capacitors can rapidly accumulate and deliver energy, which makes them valuable in high power and regenerative braking applications. Moreover, ultra-capacitors are highly efficient energy storage devices even at high load conditions. Stringent government regulations in developed countries and the increasing emission standards have put the onus on the automotive industry to design eco-friendly vehicles such as electric vehicles. The advent of electric vehicles has provided a boost for the development of ultra-capacitors.