Key vendors to strategically increase their sales by innovating and offering new products
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global automotive ultra-capacitor market in their latest research report. This report also lists 3 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account application of ultracapacitor in the start-stop system, regenerative braking system, and active suspension.
This Technavio report, under automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global automotive ultra-capacitor market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Click here to request a free sample of this report
Competitive vendor landscape
The market of global automotive ultra-capacitor market is dominated by few big ultracapacitor vendors and is very competitive. With the growth of the automotive market, the manufacturers will focus on product innovations to survive the cut throat competition and make a global presence. Several new players are expected to enter the market in the coming years as the technology used in ultracapacitors is not very complex. Also, owing to the functional benefits of ultra-capacitors, OEMs will adopt them over other energy storage devices.
“The market is highly dependent on a consumer’s need. The customers’ requirement for advanced and additional features and rigorous environmental policies have led to the electrification of vehicles, thereby leading to the increased use of ultracapacitors in the automotive industry. Moreover, the growing demand for active suspension systems and fuel efficiency in vehicles have made ultracapacitors a more viable choice,” says Siddarth Jaiswal, a lead analyst at Technavio for research on automotive electronics.
Top five vendors in the automotive ultra-capacitor market space
Maxwell Technologies
Maxwell is one of the leading vendors in the global automotive ultra-capacitor market. The company deals in the manufacturing and marketing of energy storage and power delivery products and microelectronic products. The company offers its products in three categories which include ultracapacitors, high-voltage capacitors, and radiation-hardened microelectronic products. The ultracapacitors is the most dominant among all other devices and is considered as a major alternative energy source for future. Ultracapacitors are energy storage devices which has a combination of high-power density, extremely long operational life, and the ability to charge/discharge rapidly. They provide energy storage and power delivery solutions through cells, multi-cell packs, and modules to various industries. The high-voltage capacitors are manufactured and accurately designed to perform in all climatic conditions. The radiation-hardened microelectronic offers products for satellites and spacecraft including single-board computers and components such as high-density memory and data conversion modules. In the automotive sector, Maxwell technologies’ ultracapacitor provides quick upsurge of power, which the primary energy source cannot provide.
Some key products: HC series, D cell series, K2 series, etc.
NEC Tokin
NEC Tokin dominates the semiconductor industry by predominantly designing and manufacturing electronic components and devices. The company delivers conductive polymer tantalum capacitors, flex suppressors, capacitors, piezoelectric ceramics, and electronic materials such as ferrite cores and permanent magnets. It serves the semiconductor industry through initiatives such as acquiring new plant in the Philippines and new alliance. It has increased its production capabilities in automotive relays. The increased use of electronics in vehicles has led the company to launch a manufacturing plant, to meet the growing demand for automotive relays. NEC Tokin also launched an additional production line for the EX series in the plant in Calamba City, Philippines. In the automotive industry, it delivers ultracapacitor which is suitable for an automotive power source and provides high current for a short time, which is suitable for actuators and relay solenoid.
Some key products: FR series, FC series, FG series, etc.
Nesscap
Nesscap is one of the leading developers and manufacturers of ultracapacitors. It fabricates ultracapacitors in different sizes for diverse uses. It is the first South Korea-based company listed on the TSX Venture Exchange (TSXV), a stock exchange in Canada. To develop ultracapacitors for Hyundai’s hybrid electric vehicles, Nesscap has collaborated with Hyundai Motor, a global automotive manufacturer. The rapid growth of ultracapacitor proved to be advantageous for Nesscap Energy, facilitating it to enter non-traditional markets such as China. In the automotive industry, Nesscap ultracapacitors are available in both cells and modules to enhance the energy and power needs for high-tech ‘green cars.’
Key products: Single cell: small, medium, and large prismatic, large cylindrical, and pseudocapacitors and Module: Standard.
Nippon Chemi-Con
This company deals in the development and manufacture of small electronic components, primarily aluminum electrolytic capacitors. It is a leading global supplier of aluminum electrolytic capacitors, primarily for automotive and industrial applications, and energy-related equipment. The company has been expanding its trade field to multilayer ceramic capacitors, metal-oxide varistor, film capacitors, circuits, choke coils, electro-mechanical parts, and opt mechatronics. Nippon Chemi-Con ultracapacitor in Auto is useful in recapturing kinetic energy lost during braking and in the start-stop system. Its manufacturing plants are located across countries like Japan, China, Taiwan, South Korea, Germany, the US, Thailand, Malaysia, and Indonesia.
Key products: Cylindrical type: DLA, DLC, DLE, DLB, and DMB series, Prismatic type: DSC series, and DLCAPTM module: 15-V modules.
Skeleton Technologies
This company is one of the renowned manufacturers of graphene-based ultracapacitor and energy-storage system. Grapheme-based ultracapacitor was the breakthrough in the ultracapacitor industry by Skeleton Technologies. Moreover, with the launch of first commercial products, the SkelCap series, it has become one of the major global manufacturer of ultracapacitors. The company deals in the development of high power, high energy, and long life storage solution for various industries such as aerospace, automotive, regenerative banking, motor sports, and start stop.
Key products: SkelHigh power series, SkelHigh energy series, Cylindrical cells series, SkelMod series, and SkelStart: engine start modules
Other prominent vendors in this market include
A more detailed analysis is available in the Technavio report, ‘Global Automotive Ultra-Capacitor Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
To read more press releases- click here.
Browse related reports:
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
