PUBLISHER: KBV Research | PRODUCT CODE: 1431329
PUBLISHER: KBV Research | PRODUCT CODE: 1431329
North America Automotive Ultracapacitor Market Size, Share & Trends Analysis Report By Application, By Propulsion Type (Electric, and ICE), By Vehicle Type (Passenger Car, and Commercial Vehicles), By Country and Growth Forecast, 2023 - 2030
The North America Automotive Ultracapacitor Market would witness market growth of 21.0% CAGR during the forecast period (2023-2030).
Ongoing research and development efforts are focused on improving the energy density of ultracapacitors. The primary objective of advancements in materials and manufacturing techniques is to improve the storage capacity of such devices, thereby broadening their potential uses and bolstering their appeal within the automotive sector. The automotive ultracapacitor market is witnessing a trend towards synergies with energy harvesting technologies. Integrating ultracapacitors with systems that capture and store energy from various sources, such as regenerative suspension or kinetic energy recovery systems, opens up new possibilities for energy-efficient and sustainable automotive solutions. Likewise, ultracapacitors are being explored for their potential to enhance power quality and stability in automotive electrical systems. These devices can act as a buffer, supplying quick bursts of power during peak demand, thereby reducing strain on the electrical system and contributing to a more stable power supply.
Moreover, integrating ultracapacitors into fast-charging infrastructure is a notable trend as electric vehicles become more prevalent. These devices can facilitate rapid energy storage and release, reducing charging times and enhancing the feasibility of electric vehicles in the broader automotive sector. A significant trend is the development of ultracapacitor modules tailored for integration into OEMs' vehicles. Collaborative efforts between ultracapacitor manufacturers and automakers allow for creating custom solutions that address specific power and energy requirements, fostering seamless integration into diverse vehicle models.
The escalating demand for electric vehicles in Canada will necessitate the development of energy storage solutions that are both efficient and dependable. Ultracapacitors can play a crucial role in complementing traditional batteries by providing quick bursts of energy during acceleration and regenerative braking. Thus, rising electric vehicle sales and the automotive sector in North America will help expand the regional automotive ultracapacitor market.
The US market dominated the North America Automotive Ultracapacitor Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,723 million by 2030. The Canada market is experiencing a CAGR of 23.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 22.7% during (2023 - 2030).
Based on Application, the market is segmented into Start/Stop Function, Regenerative Braking, and Others. Based on Propulsion Type, the market is segmented into Electric, and ICE. Based on Vehicle Type, the market is segmented into Passenger Car, and Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Maxwell Technologies (UCAP Powers, INC.)
- Skeleton Technologies
- Yunasko Ltd
- Panasonic Holdings Corporation
- Hitachi, Ltd (Hitachi Energy Ltd.)
- Kemet Corporation
- XS Power Batteries (Loxus)
- Nichicon Corporation
- Nippon Chemi-Con Corp.
- Sumitomo Corporation
North America Automotive Ultracapacitor Market Report Segmentation
By Application
- Start/Stop Function
- Regenerative Braking
- Others
By Propulsion Type
- Electric
- ICE
By Vehicle Type
- Passenger Car
- Commercial Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Automotive Ultracapacitor Market, by Application
- 1.4.2 North America Automotive Ultracapacitor Market, by Propulsion Type
- 1.4.3 North America Automotive Ultracapacitor Market, by Vehicle Type
- 1.4.4 North America Automotive Ultracapacitor Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter's Five Forces Analysis
Chapter 4. Strategies Deployed in Automotive Ultracapacitor Market
Chapter 5. North America Automotive Ultracapacitor Market, By Application
- 5.1 North America Start/Stop Function Market, By Country
- 5.2 North America Regenerative Braking Market, By Country
- 5.3 North America Others Market, By Country
Chapter 6. North America Automotive Ultracapacitor Market, By Propulsion Type
- 6.1 North America Electric Market, By Country
- 6.2 North America ICE Market, By Country
Chapter 7. North America Automotive Ultracapacitor Market, By Vehicle Type
- 7.1 North America Passenger Car Market, By Country
- 7.2 North America Commercial Vehicles Market, By Country
Chapter 8. North America Automotive Ultracapacitor Market, By Country
- 8.1 US Automotive Ultracapacitor Market
- 8.1.1 US Automotive Ultracapacitor Market, By Application
- 8.1.2 US Automotive Ultracapacitor Market, By Propulsion Type
- 8.1.3 US Automotive Ultracapacitor Market, By Vehicle Type
- 8.2 Canada Automotive Ultracapacitor Market
- 8.2.1 Canada Automotive Ultracapacitor Market, By Application
- 8.2.2 Canada Automotive Ultracapacitor Market, By Propulsion Type
- 8.2.3 Canada Automotive Ultracapacitor Market, By Vehicle Type
- 8.3 Mexico Automotive Ultracapacitor Market
- 8.3.1 Mexico Automotive Ultracapacitor Market, By Application
- 8.3.2 Mexico Automotive Ultracapacitor Market, By Propulsion Type
- 8.3.3 Mexico Automotive Ultracapacitor Market, By Vehicle Type
- 8.4 Rest of North America Automotive Ultracapacitor Market
- 8.4.1 Rest of North America Automotive Ultracapacitor Market, By Application
- 8.4.2 Rest of North America Automotive Ultracapacitor Market, By Propulsion Type
- 8.4.3 Rest of North America Automotive Ultracapacitor Market, By Vehicle Type
Chapter 9. Company Profiles
- 9.1 Maxwell Technologies (UCAP Power, Inc.)
- 9.1.1 Company Overview
- 9.1.2 Recent strategies and developments:
- 9.1.2.1 Product Launches and Product Expansions:
- 9.1.3 SWOT Analysis
- 9.2 Skeleton Technologies
- 9.2.1 Company Overview
- 9.2.2 Recent strategies and developments:
- 9.2.2.1 Partnerships, Collaborations, and Agreements:
- 9.2.2.2 Product Launches and Product Expansions:
- 9.2.3 SWOT Analysis
- 9.3 Panasonic Holdings Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 SWOT Analysis
- 9.4 Hitachi, Ltd. (Hitachi Energy Ltd.)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Nichicon Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 SWOT Analysis
- 9.6 Nippon Chemi-Con Corp.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 SWOT Analysis
- 9.7 XS Power Batteries (Loxus)
- 9.7.1 Company Overview
- 9.7.2 SWOT Analysis
- 9.8 Sumitomo Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 SWOT Analysis
- 9.9 KEMET Corporation
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Product Launches and Product Expansions:
- 9.9.3 SWOT Analysis
- 9.10. YUNASKO LTD
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Automotive Ultracapacitor Market, 2019 - 2022, USD Million
- TABLE 2 North America Automotive Ultracapacitor Market, 2023 - 2030, USD Million
- TABLE 3 North America Automotive Ultracapacitor Market, By Application, 2019 - 2022, USD Million
- TABLE 4 North America Automotive Ultracapacitor Market, By Application, 2023 - 2030, USD Million
- TABLE 5 North America Start/Stop Function Market, By Country, 2019 - 2022, USD Million
- TABLE 6 North America Start/Stop Function Market, By Country, 2023 - 2030, USD Million
- TABLE 7 North America Regenerative Braking Market, By Country, 2019 - 2022, USD Million
- TABLE 8 North America Regenerative Braking Market, By Country, 2023 - 2030, USD Million
- TABLE 9 North America Others Market, By Country, 2019 - 2022, USD Million
- TABLE 10 North America Others Market, By Country, 2023 - 2030, USD Million
- TABLE 11 North America Automotive Ultracapacitor Market, By Propulsion Type, 2019 - 2022, USD Million
- TABLE 12 North America Automotive Ultracapacitor Market, By Propulsion Type, 2023 - 2030, USD Million
- TABLE 13 North America Electric Market, By Country, 2019 - 2022, USD Million
- TABLE 14 North America Electric Market, By Country, 2023 - 2030, USD Million
- TABLE 15 North America ICE Market, By Country, 2019 - 2022, USD Million
- TABLE 16 North America ICE Market, By Country, 2023 - 2030, USD Million
- TABLE 17 North America Automotive Ultracapacitor Market, By Vehicle Type, 2019 - 2022, USD Million
- TABLE 18 North America Automotive Ultracapacitor Market, By Vehicle Type, 2023 - 2030, USD Million
- TABLE 19 North America Passenger Car Market, By Country, 2019 - 2022, USD Million
- TABLE 20 North America Passenger Car Market, By Country, 2023 - 2030, USD Million
- TABLE 21 North America Commercial Vehicles Market, By Country, 2019 - 2022, USD Million
- TABLE 22 North America Commercial Vehicles Market, By Country, 2023 - 2030, USD Million
- TABLE 23 North America Automotive Ultracapacitor Market, By Country, 2019 - 2022, USD Million
- TABLE 24 North America Automotive Ultracapacitor Market, By Country, 2023 - 2030, USD Million
- TABLE 25 US Automotive Ultracapacitor Market, 2019 - 2022, USD Million
- TABLE 26 US Automotive Ultracapacitor Market, 2023 - 2030, USD Million
- TABLE 27 US Automotive Ultracapacitor Market, By Application, 2019 - 2022, USD Million
- TABLE 28 US Automotive Ultracapacitor Market, By Application, 2023 - 2030, USD Million
- TABLE 29 US Automotive Ultracapacitor Market, By Propulsion Type, 2019 - 2022, USD Million
- TABLE 30 US Automotive Ultracapacitor Market, By Propulsion Type, 2023 - 2030, USD Million
- TABLE 31 US Automotive Ultracapacitor Market, By Vehicle Type, 2019 - 2022, USD Million
- TABLE 32 US Automotive Ultracapacitor Market, By Vehicle Type, 2023 - 2030, USD Million
- TABLE 33 Canada Automotive Ultracapacitor Market, 2019 - 2022, USD Million
- TABLE 34 Canada Automotive Ultracapacitor Market, 2023 - 2030, USD Million
- TABLE 35 Canada Automotive Ultracapacitor Market, By Application, 2019 - 2022, USD Million
- TABLE 36 Canada Automotive Ultracapacitor Market, By Application, 2023 - 2030, USD Million
- TABLE 37 Canada Automotive Ultracapacitor Market, By Propulsion Type, 2019 - 2022, USD Million
- TABLE 38 Canada Automotive Ultracapacitor Market, By Propulsion Type, 2023 - 2030, USD Million
- TABLE 39 Canada Automotive Ultracapacitor Market, By Vehicle Type, 2019 - 2022, USD Million
- TABLE 40 Canada Automotive Ultracapacitor Market, By Vehicle Type, 2023 - 2030, USD Million
- TABLE 41 Mexico Automotive Ultracapacitor Market, 2019 - 2022, USD Million
- TABLE 42 Mexico Automotive Ultracapacitor Market, 2023 - 2030, USD Million
- TABLE 43 Mexico Automotive Ultracapacitor Market, By Application, 2019 - 2022, USD Million
- TABLE 44 Mexico Automotive Ultracapacitor Market, By Application, 2023 - 2030, USD Million
- TABLE 45 Mexico Automotive Ultracapacitor Market, By Propulsion Type, 2019 - 2022, USD Million
- TABLE 46 Mexico Automotive Ultracapacitor Market, By Propulsion Type, 2023 - 2030, USD Million
- TABLE 47 Mexico Automotive Ultracapacitor Market, By Vehicle Type, 2019 - 2022, USD Million
- TABLE 48 Mexico Automotive Ultracapacitor Market, By Vehicle Type, 2023 - 2030, USD Million
- TABLE 49 Rest of North America Automotive Ultracapacitor Market, 2019 - 2022, USD Million
- TABLE 50 Rest of North America Automotive Ultracapacitor Market, 2023 - 2030, USD Million
- TABLE 51 Rest of North America Automotive Ultracapacitor Market, By Application, 2019 - 2022, USD Million
- TABLE 52 Rest of North America Automotive Ultracapacitor Market, By Application, 2023 - 2030, USD Million
- TABLE 53 Rest of North America Automotive Ultracapacitor Market, By Propulsion Type, 2019 - 2022, USD Million
- TABLE 54 Rest of North America Automotive Ultracapacitor Market, By Propulsion Type, 2023 - 2030, USD Million
- TABLE 55 Rest of North America Automotive Ultracapacitor Market, By Vehicle Type, 2019 - 2022, USD Million
- TABLE 56 Rest of North America Automotive Ultracapacitor Market, By Vehicle Type, 2023 - 2030, USD Million
- TABLE 57 Key Information - Maxwell Technologies
- TABLE 58 Key Information - Skeleton Technologies
- TABLE 59 Key Information - Panasonic Holdings Corporation
- TABLE 60 Key Information - Hitachi, Ltd.
- TABLE 61 Key Information - Nichicon Corporation
- TABLE 62 Key Information - Nippon Chemi-Con Corp.
- TABLE 63 Key Information - XS Power Batteries
- TABLE 64 Key Information - Sumitomo Corporation
- TABLE 65 Key Information - KEMET Corporation
- TABLE 66 Key Information - Yunasko Ltd
