Automotive Ultracapacitor Market

The global Automotive Ultracapacitor market was valued at 802 million in 2024 and is projected to reach US$ 1251 million by 2032, at a CAGR of 6.7% during the forecast period.
Ultracapacitors are electronic devices which are used in the automobile market for the storage of electric energy. They are sometimes called Supercapacitors, which are energy storage devices that offer high power density, fast charging, and discharging with long life. It is not a new technology, but it has reached a point where it can be implemented in various industries. Ultracapacitors are more efficient than batteries, however, they are used with batteries in cars to increase fuel efficiency.Several new advancements in the field of EVs have been made recently. Newer technologies and developments have been adopted by EVs. To accomplish the stop function, automotive Ultracapacitors are installed on the vehicle. This feature saves fuel by turning off the vehicle"s engine while it is stopped and restarting it when the brakes are released. Automotive ultracapacitors are mostly utilised in EVs and hybrid cars to store energy and provide it to the engine during peak demand. Automotive ultracapacitors are primarily used to improve vehicle performance by improving fuel efficiency and lowering hazardous emissions by extending vehicle life. They have a number of advantages, including increased fuel efficiency, longer battery life, and lower greenhouse gas emissions. The market share for the Automotive Ultracapacitors is constantly increasing with the adoption of modern technologies by electric vehicles, increasing demand for electric vehicles, and the various benefits offered by the Ultracapacitors.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
We have surveyed the Automotive Ultracapacitor manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
Automotive Ultracapacitor Market aims to provide a comprehensive presentation of the global market for Automotive Ultracapacitor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Ultracapacitor. Automotive Ultracapacitor Market contains market size and forecasts of Automotive Ultracapacitor in global, including the following market information:
Global Automotive Ultracapacitor market revenue, 2020-2025, 2026-2032, ($ millions)
Global Automotive Ultracapacitor market sales, 2020-2025, 2026-2032, (K Units)
Global top five Automotive Ultracapacitor companies in 2024 (%)
Total Market by Segment:
Global Automotive Ultracapacitor market, by Type, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global Automotive Ultracapacitor market segment percentages, by Type, 2024 (%)
Electrostatic Double-Layer Capacitors
Hybrid Capacitors
Global Automotive Ultracapacitor market, by Application, 2020-2025, 2026-2032 ($ Millions) & (K Units)
Global Automotive Ultracapacitor market segment percentages, by Application, 2024 (%)
Automotive
Industrial Electrical Motors
Others
Global Automotive Ultracapacitor market, by region and country, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global Automotive Ultracapacitor market segment percentages, by region and country, 2024 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Ultracapacitor revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies Automotive Ultracapacitor revenues share in global market, 2024 (%)
Key companies Automotive Ultracapacitor sales in global market, 2020-2025 (estimated), (K Units)
Key companies Automotive Ultracapacitor sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
Maxwell Technologies
Nesscap Ultracapacitors
Skeleton Technologies
ELNA America Inc.
Ioxus Inc
LS Mtron
Yunasko
Panasonic
Tesla
NAWA Technologies
SPEL Technologies
Nippon Chemi-Con
CAP-XX
NEC-Tokin
Kemet Corporation
Sumitomo Corporation
Hitachi AIC Inc.
ELNA America Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Ultracapacitor, market overview.
Chapter 2: Global Automotive Ultracapacitor market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Ultracapacitor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Ultracapacitor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Ultracapacitor capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.