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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1472142

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1472142

Global Automotive Ultracapacitor Market Size Study & Forecast, By Vehicle Type, By Propulsion Type, By Application, and Regional Analysis, 2023-2030

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Global Automotive Ultracapacitor Market is valued at approximately USD 2.02 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 21.8% over the forecast period 2023-2030. An automotive ultracapacitor, also referred to as an automotive supercapacitor or electric double-layer capacitor (EDLC), is a specialized energy storage device designed for automotive use. It operates by storing and releasing electric energy through electrostatic charge separation. Specifically tailored for automotive applications, ultracapacitors offer energy storage and discharge capabilities, making them ideal for tasks like regenerative braking, peak power support, and short-term energy storage in electric and hybrid vehicles. These ultracapacitors complement conventional batteries by providing high power density and a longer lifecycle. This contributes significantly to enhanced energy efficiency and overall performance, particularly in internal combustion engine (ICE) vehicles. The growing emphasis on vehicle electrification, efficiency improvements, and the adoption of regenerative braking systems are the key factors that are expected to stimulate the growth of the automotive ultracapacitor market in the anticipated years.

In addition, the market for automotive ultracapacitors is significantly influenced by the growing trend of vehicle electrification, which includes hybrid and electric cars. Ultracapacitors are essential to these cars because they provide quick energy storage and release for features like peak power assistance and regenerative braking. As per the data from Statista, the global production of hybrid electric vehicles (HEVs) reached 2.9 million units in 2020. It is projected that this production trend will continue to increase, with estimates indicating a rise to around 5.4 million units by the year 2025. Thus, these aforementioned factors are propelling the growth of the Automotive Ultracapacitor Market during the estimated period. Moreover, the rising adoption of ultracapacitors in EV fast charging and mild hybrid systems, as well as increasing advancement in the technology of ultracapacitors present various lucrative opportunities over the forecast years. However, the limited adoption rate over traditional batteries and the high cost associated with the product are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Ultracapacitor Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rapid surge of electric vehicles in countries like India, Japan, South Korea, and others, supported by favorable government policies, which are fueling the need for energy storage solutions. The rise in urbanization and population has led to a surge in the demand for automobiles. Moreover, the Asia-Pacific market is projected to experience rapid growth in the forecast period, driven by infrastructure advancements and heightened vehicle purchases. Whereas Europe is expected to grow at a significant CAGR over the forecast years. The OEMs are making substantial investments in electric vehicle (EV) production leading to a rise in the adoption of EV components such as converters, ultracapacitors/supercapacitors, and other innovations, along with the growing hybrid and electric vehicle sales are significantly propelling the market demand across the region. European companies are actively researching and developing advanced technologies, while ongoing R&D efforts and collaborations between technology firms and manufacturers have resulted in advancements in ultracapacitor technology, stimulating market growth in the region.

Major market players included in this report are:

  • Maxwell Technologies (South Korea)
  • Skeleton Technologies (Estonia)
  • Yunasko Ltd (U.K.)
  • Panasonic Corporation (Japan)
  • Hitachi AIC Inc. (Japan)
  • ELNA America Inc. (U.S.)
  • LOXUS Inc. (U.S.)
  • Nichicon Corporation (Japan)
  • LS Mtron Ltd (South Korea)
  • SPEL Technologies (India)

Recent Developments in the Market:

  • In October 2023, NICHICON CORPORATION introduced the UTH series of tiny aluminum electrolytic capacitors in response to the need for extended life and compactness in the power supply industry. The combined technologies form the basis of the UTH series. The capacitor realizes high capacitance and compactness using newly designed high-capacity electrode foil and sealing rubber.

Global Automotive Ultracapacitor Market Report Scope:

  • Historical Data - 2020 - 2021
  • Base Year for Estimation - 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Vehicle Type, Propulsion Type, Application, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

By Propulsion Type:

  • Electric Vehicle
  • Internal Combustion Engine

By Application:

  • Start /Stop Function
  • Regenerative Breaking
  • Others

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Table of Contents

Chapter 1.Executive Summary

  • 1.1.Market Snapshot
  • 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
    • 1.2.1.Automotive Ultracapacitor Market, by Region, 2020-2030 (USD Billion)
    • 1.2.2.Automotive Ultracapacitor Market, by Vehicle Type, 2020-2030 (USD Billion)
    • 1.2.3.Automotive Ultracapacitor Market, by Propulsion Type, 2020-2030 (USD Billion)
    • 1.2.4.Automotive Ultracapacitor Market, by Application, 2020-2030 (USD Billion)
  • 1.3.Key Trends
  • 1.4.Estimation Methodology
  • 1.5.Research Assumption

Chapter 2.Global Automotive Ultracapacitor Market Definition and Scope

  • 2.1.Objective of the Study
  • 2.2.Market Definition & Scope
    • 2.2.1.Industry Evolution
    • 2.2.2.Scope of the Study
  • 2.3.Years Considered for the Study
  • 2.4.Currency Conversion Rates

Chapter 3.Global Automotive Ultracapacitor Market Dynamics

  • 3.1.Automotive Ultracapacitor Market Impact Analysis (2020-2030)
    • 3.1.1.Market Drivers
      • 3.1.1.1.Increasing trend of vehicle electrification
      • 3.1.1.2.Rising adoption of regenerative braking systems
    • 3.1.2.Market Challenges
      • 3.1.2.1.Limited adoption rate over traditional batteries
      • 3.1.2.2.High cost associated with product
    • 3.1.3.Market Opportunities
      • 3.1.3.1.Rising adoption of ultracapacitors in EV fast charging and mild hybrid systems
      • 3.1.3.2.Increasing advancement in technology of ultracapacitor

Chapter 4.Global Automotive Ultracapacitor Market Industry Analysis

  • 4.1.Porter's 5 Force Model
    • 4.1.1.Bargaining Power of Suppliers
    • 4.1.2.Bargaining Power of Buyers
    • 4.1.3.Threat of New Entrants
    • 4.1.4.Threat of Substitutes
    • 4.1.5.Competitive Rivalry
  • 4.2.Porter's 5 Force Impact Analysis
  • 4.3.PEST Analysis
    • 4.3.1.Political
    • 4.3.2.Economical
    • 4.3.3.Social
    • 4.3.4.Technological
    • 4.3.5.Environmental
    • 4.3.6.Legal
  • 4.4.Top investment opportunity
  • 4.5.Top winning strategies
  • 4.6.COVID-19 Impact Analysis
  • 4.7.Disruptive Trends
  • 4.8.Industry Expert Perspective
  • 4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Automotive Ultracapacitor Market, by Vehicle Type

  • 5.1.Market Snapshot
  • 5.2.Global Automotive Ultracapacitor Market by Vehicle Type, Performance - Potential Analysis
  • 5.3.Global Automotive Ultracapacitor Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
  • 5.4.Automotive Ultracapacitor Market, Sub Segment Analysis
    • 5.4.1.Passenger Car
    • 5.4.2.Commercial Vehicle

Chapter 6.Global Automotive Ultracapacitor Market, by Propulsion Type

  • 6.1.Market Snapshot
  • 6.2.Global Automotive Ultracapacitor Market by Propulsion Type, Performance - Potential Analysis
  • 6.3.Global Automotive Ultracapacitor Market Estimates & Forecasts by Propulsion Type 2020-2030 (USD Billion)
  • 6.4.Automotive Ultracapacitor Market, Sub Segment Analysis
    • 6.4.1.Electric Vehicle
    • 6.4.2.Internal Combustion Engine

Chapter 7.Global Automotive Ultracapacitor Market, by Application

  • 7.1.Market Snapshot
  • 7.2.Global Automotive Ultracapacitor Market by Application, Performance - Potential Analysis
  • 7.3.Global Automotive Ultracapacitor Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
  • 7.4.Automotive Ultracapacitor Market, Sub Segment Analysis
    • 7.4.1.Start /Stop Function
    • 7.4.2.Regenerative Breaking
    • 7.4.3.Others

Chapter 8.Global Automotive Ultracapacitor Market, Regional Analysis

  • 8.1.Top Leading Countries
  • 8.2.Top Emerging Countries
  • 8.3.Automotive Ultracapacitor Market, Regional Market Snapshot
  • 8.4.North America Automotive Ultracapacitor Market
    • 8.4.1.U.S. Automotive Ultracapacitor Market
      • 8.4.1.1.Vehicle Type breakdown estimates & forecasts, 2020-2030
      • 8.4.1.2.Propulsion Type breakdown estimates & forecasts, 2020-2030
      • 8.4.1.3.Application breakdown estimates & forecasts, 2020-2030
    • 8.4.2.Canada Automotive Ultracapacitor Market
  • 8.5.Europe Automotive Ultracapacitor Market Snapshot
    • 8.5.1.U.K. Automotive Ultracapacitor Market
    • 8.5.2.Germany Automotive Ultracapacitor Market
    • 8.5.3.France Automotive Ultracapacitor Market
    • 8.5.4.Spain Automotive Ultracapacitor Market
    • 8.5.5.Italy Automotive Ultracapacitor Market
    • 8.5.6.Rest of Europe Automotive Ultracapacitor Market
  • 8.6.Asia-Pacific Automotive Ultracapacitor Market Snapshot
    • 8.6.1.China Automotive Ultracapacitor Market
    • 8.6.2.India Automotive Ultracapacitor Market
    • 8.6.3.Japan Automotive Ultracapacitor Market
    • 8.6.4.Australia Automotive Ultracapacitor Market
    • 8.6.5.South Korea Automotive Ultracapacitor Market
    • 8.6.6.Rest of Asia Pacific Automotive Ultracapacitor Market
  • 8.7.Latin America Automotive Ultracapacitor Market Snapshot
    • 8.7.1.Brazil Automotive Ultracapacitor Market
    • 8.7.2.Mexico Automotive Ultracapacitor Market
  • 8.8.Middle East & Africa Automotive Ultracapacitor Market
    • 8.8.1.Saudi Arabia Automotive Ultracapacitor Market
    • 8.8.2.South Africa Automotive Ultracapacitor Market
    • 8.8.3.Rest of Middle East & Africa Automotive Ultracapacitor Market

Chapter 9.Competitive Intelligence

  • 9.1.Key Company SWOT Analysis
  • 9.2.Top Market Strategies
  • 9.3.Company Profiles
    • 9.3.1. Maxwell Technologies (South Korea)
      • 9.3.1.1.Key Information
      • 9.3.1.2.Overview
      • 9.3.1.3.Financial (Subject to Data Availability)
      • 9.3.1.4.Product Summary
      • 9.3.1.5.Recent Developments
    • 9.3.2.Skeleton Technologies (Estonia)
    • 9.3.3.Yunasko Ltd (U.K.)
    • 9.3.4.Panasonic Corporation (Japan)
    • 9.3.5.Hitachi AIC Inc. (Japan)
    • 9.3.6.ELNA America Inc. (U.S.)
    • 9.3.7.LOXUS Inc. (U.S.)
    • 9.3.8.Nichicon Corporation (Japan)
    • 9.3.9.LS Mtron Ltd (South Korea)
    • 9.3.10.SPEL Technologies (India)

Chapter 10.Research Process

  • 10.1.Research Process
    • 10.1.1.Data Mining
    • 10.1.2.Analysis
    • 10.1.3.Market Estimation
    • 10.1.4.Validation
    • 10.1.5.Publishing
  • 10.2.Research Attributes
  • 10.3.Research Assumption

LIST OF TABLES

  • TABLE 1.Global Automotive Ultracapacitor Market, report scope
  • TABLE 2.Global Automotive Ultracapacitor Market estimates & forecasts by Region 2020-2030 (USD Billion)
  • TABLE 3.Global Automotive Ultracapacitor Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
  • TABLE 4.Global Automotive Ultracapacitor Market estimates & forecasts by Propulsion Type 2020-2030 (USD Billion)
  • TABLE 5.Global Automotive Ultracapacitor Market estimates & forecasts by Application 2020-2030 (USD Billion)
  • TABLE 6.Global Automotive Ultracapacitor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 7.Global Automotive Ultracapacitor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 8.Global Automotive Ultracapacitor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 9.Global Automotive Ultracapacitor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 10.Global Automotive Ultracapacitor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 11.Global Automotive Ultracapacitor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 12.Global Automotive Ultracapacitor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 13.Global Automotive Ultracapacitor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 14.Global Automotive Ultracapacitor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 15.Global Automotive Ultracapacitor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 16.U.S. Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 17.U.S. Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 18.U.S. Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 19.Canada Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 20.Canada Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 21.Canada Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 22.UK Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 23.UK Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 24.UK Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 25.Germany Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 26.Germany Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 27.Germany Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 28.France Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 29.France Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 30.France Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 31.Italy Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 32.Italy Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 33.Italy Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 34.Spain Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 35.Spain Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 36.Spain Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 37.RoE Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 38.RoE Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 39.RoE Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 40.China Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 41.China Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 42.China Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 43.India Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 44.India Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 45.India Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 46.Japan Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 47.Japan Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 48.Japan Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 49.South Korea Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 50.South Korea Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 51.South Korea Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 52.Australia Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 53.Australia Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 54.Australia Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 55.RoAPAC Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 56.RoAPAC Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 57.RoAPAC Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 58.Brazil Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 59.Brazil Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 60.Brazil Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 61.Mexico Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 62.Mexico Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 63.Mexico Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 64.RoLA Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 65.RoLA Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 66.RoLA Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 67.Saudi Arabia Automotive Ultracapacitor Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 68.South Africa Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 69.RoMEA Automotive Ultracapacitor Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 70.List of secondary sources, used in the study of global Automotive Ultracapacitor Market
  • TABLE 71.List of primary sources, used in the study of global Automotive Ultracapacitor Market
  • TABLE 72.Years considered for the study
  • TABLE 73.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

  • FIG 1.Global Automotive Ultracapacitor Market, research methodology
  • FIG 2.Global Automotive Ultracapacitor Market, Market estimation techniques
  • FIG 3.Global Market size estimates & forecast methods
  • FIG 4.Global Automotive Ultracapacitor Market, key trends 2022
  • FIG 5.Global Automotive Ultracapacitor Market, growth prospects 2023-2030
  • FIG 6.Global Automotive Ultracapacitor Market, porters 5 force model
  • FIG 7.Global Automotive Ultracapacitor Market, pest analysis
  • FIG 8.Global Automotive Ultracapacitor Market, value chain analysis
  • FIG 9.Global Automotive Ultracapacitor Market by segment, 2020 & 2030 (USD Billion)
  • FIG 10.Global Automotive Ultracapacitor Market by segment, 2020 & 2030 (USD Billion)
  • FIG 11.Global Automotive Ultracapacitor Market by segment, 2020 & 2030 (USD Billion)
  • FIG 12.Global Automotive Ultracapacitor Market by segment, 2020 & 2030 (USD Billion)
  • FIG 13.Global Automotive Ultracapacitor Market by segment, 2020 & 2030 (USD Billion)
  • FIG 14.Global Automotive Ultracapacitor Market, regional snapshot 2020 & 2030
  • FIG 15.North America Automotive Ultracapacitor Market 2020 & 2030 (USD Billion)
  • FIG 16.Europe Automotive Ultracapacitor Market 2020 & 2030 (USD Billion)
  • FIG 17.Asia Pacific Automotive Ultracapacitor Market 2020 & 2030 (USD Billion)
  • FIG 18.Latin America Automotive Ultracapacitor Market 2020 & 2030 (USD Billion)
  • FIG 19.Middle East & Africa Automotive Ultracapacitor Market 2020 & 2030 (USD Billion)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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