Report forecast the global automotive ultra-capacitor market
to grow at a CAGR of 19.24% during the period 2016-2020.
An ultracapacitor is an energy storage device that stores
energy through an electric field, whereas a battery stores and generates energy
through a chemical reaction. Ultracapacitors can store higher charge quantity
than batteries as they conduct electricity through an electric field, making
them ideal for applications requiring high electric current and voltage.
The report covers the present scenario and the growth
prospects of the global automotive ultra-capacitor market for 2016-2020. To
calculate the market size, the report presents the vendor landscape and a
corresponding detailed analysis of the top five vendors in the market.
The market is divided into the following segments based
on geography:
- Americas
- APAC
- EMEA
According to the report, one of the primary drivers in the
market is regulatory push toward efficient vehicles leading to new application
areas within automotive industry. There are strict standards set by the
governments of different countries worldwide to curb carbon emissions. The use
of ultracapacitors is gaining popularity due to their environment-friendly
energy storage. As the increased emission of carbon dioxide (CO₂) results in
global warming, governments are enforcing stricter rules to reduce the same.
Although the complete elimination of emissions is not possible, a significant
reduction is, however, possible. Automotive manufacturers are shifting from ICE-propelled
vehicles to electric energy. Replacing electrolyte batteries in cars by
ultracapacitor reduces the carbon emission to the environment significantly.
Further, the report states that one major challenge in the
market is low energy density leading to shift of demand toward batteries. The
main disadvantage of ultracapacitors is low energy density (i.e., the amount of
energy stored per unit weight is much smaller than that of the battery). A
battery has an energy density of 20-150 Wh/kg while ultracapacitors have only
5-15 Wh/kg. However, research is being carried out to overcome this shortfall
by using different forms of carbons such as activated carbons, carbon
nanotubes, and carbon aerogels. Ultracapacitors have higher self-discharge rate
than batteries, which makes them harder to replace than batteries.
Global Automotive Ultra-capacitor Market 2016-2020,
has been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the global automotive ultra-capacitor market:
Maxwell Technologies, NEC Tokin, Nesscap, Nippon Chemi-Con, and Skeleton
Technologies.
Other prominent vendors in the market are: Ioxus, CAP-XX,
and Panasonic.
Market driver
- Regulatory push toward efficient vehicles leading to new application areas within automotive industry.
- For a full, detailed list, view our report
Market challenge
- Low energy density leading to shift of demand toward batteries.
- For a full, detailed list, view our report
Market trend
- Use of ultracapacitor in electric turbochargers.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 62 pages and 32 Exhibits “Global
Automotive Ultracapacitor Market 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by application, Geographical segmentation,
Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor
analysis, Appendix.
For
more information Visit at: http://mrr.cm/3Ad
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