MARKET INTRODUCTION
The supercapacitor is an alternative to a high-power pulse battery that has a longer shelf life in comparison to conventional technologies. The supercapacitor has lower energy density and higher power density than batteries. The surging demand for efficient battery products for onboard electric power for electric and hybrid vehicles has resulted in the need for supercapacitor-based battery solutions for automotive. Additionally, increasing penetration of autonomous driving systems is expected to contribute to the growth of the automotive supercapacitor market in the developed regions.
MARKET DYNAMICS
The automotive supercapacitor market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of telematics and connected vehicle systems. Furthermore, the rise in demand for electric vehicles is expected to boost market growth. However, the high costs of technology adoption may hinder the growth of the automotive supercapacitor market during the forecast period. On the other hand, the development of high specific energy supercapacitor creates lucrative opportunities for market players in the coming years.
MARKET SCOPE
The "Global Automotive Supercapacitor Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive supercapacitor market with detailed market segmentation by construction, system, application, and geography. The global automotive supercapacitor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive supercapacitor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive supercapacitor market is segmented on the basis of construction, system, and application. Based on construction, the market is segmented as pseudo capacitors, electrochemical double layer capacitor (EDLC), hybrid capacitor, and others. On the basis of the system, the market is segmented as battery propulsion system, kinetic energy recovery system (KERS), start stop system, starting, lighting and ignition (SLI) system, and others. The market on the basis of the application is classified as passenger cars and commercial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive supercapacitor market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive supercapacitor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive supercapacitor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the automotive supercapacitor market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive supercapacitor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from automotive supercapacitor market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive supercapacitor in the global market. Below mentioned is the list of few companies engaged in the automotive supercapacitor market.
The report also includes the profiles of key automotive supercapacitor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- AVX Corporation
- Eaton Corporation
- Hitachi, Ltd.
- Murata Manufacturing Co., Ltd.
- Nippon Chemical Industrial Co., Ltd.
- Panasonic Corporation
- Samsung SDI Co Ltd
- Skeleton Technologies GmbH
- Targray Technology International
- Tesla Inc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.