Global Ultracapacitor Market 2015-2019

  • Published: Nov 2015
  • Pages: 66
  • SKU: IRTNTR7413
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Global market outlook for ultracapacitors

Technavio’s market research analysts predict the global ultracapacitor market to reach a CAGR of over 20% during the period 2015 to 2019. Power utility segment mainly drives the growth of this market.

It is supported by the growing demand for ultracapacitors across many customer segments such as consumer electronics, power utilities, and transportation. Ultracapacitor vendors cater to industries that require heavy power supplies and help reduce their dependence on fossil fuels. 

What are ultracapacitors and how it is useful?

The ultracapacitor is an energy storing device. It is electro-chemical in nature and has a relatively high energy density as compared to other capacitors or batteries. This device exhibits a higher power capacity, improved lifecycle, and faster charging capability. An ultracapacitor is also known as electrical double-layer capacitor (EDLC). It does not possess a conventional dielectric, and instead carries two plates separated by an electrolyte.

Ultracapacitors offer significant advantages over regular batteries. As a result, segments that look for instant, reliable, and constant power supply are using this technology. The traditional lead-acid batteries lack capabilities need for rapid and deep-cycle power demands.

Market segmentation of global ultracapacitors market by applications

  • Consumer electronics   
  • Transportation segment              
  • Industrial manufacturing             
  • Energy sector   
  • Other sectors   

The use of regenerative braking systems is expected to propel the adoption of ultracapacitors in automobiles during the forecast period. Ultracapacitors are set to play a key role in future vehicles, to absorb kinetic energy from the vehicle while using it for propulsion later. The demand for ultracapacitors is expected to increase further as more prominent automobile companies start adopting this technology.

Key vendor analysis of the leading vendors of the global ultra-capacitor market

  • Maxwell Technologies  
  • NEC Tokin           
  • NessCap             
  • Nippon Chemi-Con        
  • Panasonic           
  • Skeleton Technologies 

Other key vendors include YUNASKO, Elna, CAP-XX, Ioxus Inc, Supreme Power Solutions, Nichicon, VINATech, APowerCap, Axion Power, BatScap, Cellergy Ltd, EEStor, Enable IPC, EPCOS, LS Mtron, Evans Capacitor, and Tecate.

The global ultracapacitor market is moderately fragmented with a handful of vendors in the market. The market is still in its infancy. The adoption of this technology is largely restricted to developed regions such as Western Europe and North America and the developed regions of Asia such as Japan, South Korea, and China. Vendors have started offering devices based on non-toxic electrolytes, which make these devices non-flammable. Some other vendors are also using organic electrolytes and solid electrolytes to make them resistant to heat and fire.

Key questions answered in the report

  • What are the key factors driving the global ultracapacitors?
  • What are the key market trends impacting the growth of the global ultracapacitors market?
  • What are the various opportunities and threats faced by the vendors in the global structural electronics market?
  • Key outcome of the five forces analysis on the global ultracapacitors market?
  • Growth forecast of the global ultracapacitors market until 2019?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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