The Automotive Ultra Capacitor Market To Grow On An Unabated Note

 Automotive ultra-capacitors is one of the major energy sources that delivers quick bursts of energy during peak power demands. Automotive ultra-capacitor chief usage is augment vehicle performance by improving fuel economy and reducing harmful emissions thus extend longevity of vehicles. Apart from conventional applications, ultra-capacitor also include board net stabilization, and in acceleration systems.

Ultra capacitors are efficient than batteries as they enable higher power to the engine as compared to only batteries. However to improve fuel economy, a combination of ultra-capacitors and batteries is generally used to start and ignite system at lower voltage regulation. However, automotive ultra-capacitors long last as they store energy in an electric field which lets them to discharge and charge quickly allowing them to survive high number of discharge and charge cycles, as opposed to batteries which involve electrochemical reaction.

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FACTS AT A GLANCE

Companies: Maxwell Technologies, Nesscap Ultracapacitors, Skeleton Technologies, ELNA America Inc., Ioxus Inc, LS Mtron, Yunasko, Panasonic, among many others

Coverage: All major geographies and key segments

Segments: Automotive Ultra capacitor Market Segmented By application such as Brake Regeneration and Start-stop operation in Full hybrid and Mild hybrid electric vehicle Type

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Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

Rising fuel prices, new fuel regulation and escalating demand for fuel efficient vehicles are one of the key drivers that are expected to boost the demand of ultra-capacitors. With proliferation in the number of hybrid and electric vehicles, the demand for ultra-capacitors is anticipated to grow significantly. Likewise, the surge in the production of start-stop system based vehicles is expected to rise owing to enhanced application of ultra-capacitor.

With advanced application in technologies such as e-turbo and active suspension the growth in the sales of ultra-capacitors is anticipated to sustain. Although ultra-capacitors improve vehicle performance they are yet to be adopted for all automobile owing to presence of lead acid, lithium ion batteries which have higher energy density and are relatively cheaper.

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