Top Automotive Ultracapacitor Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Automotive Ultracapacitor Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Automotive Ultracapacitor industry players.

Automotive Ultracapacitor Market Competitive Landscape

As per the global automotive ultracapacitor industry analysis, competitive landscape is driven by key players like Maxwell Technologies (acquired by Tesla), Panasonic, and LG Chem. These companies focus on technological innovations, strategic partnerships, and expanding their product portfolios. For instance, Maxwell Technologies concentrates on increasing energy density and improving the performance of ultracapacitors for electric vehicles. Panasonic and LG Chem use their knowledge of battery technologies to combine ultracapacitors with hybrid and electric vehicle systems to increase energy efficiency.

The startup ecosystem, according to the global automotive ultracapacitor market outlook, is marked by innovation-driven companies focusing on enhanced energy storage solutions for electric vehicles (EVs). Startups seek to create high-performance ultracapacitors to drive automotive efficiency, power supply, and energy regeneration. By adopting new technologies, these startups intend to disrupt leading companies with low-cost and renewable solutions in the automobile industry.

  • Founded in 2016, GreenTech Energy, an American company, is engaged in the design of ultracapacitor-based energy storage systems for the automotive industry. Its flagship product, the EcoCap Ultracapacitor, is designed to enhance the fuel efficiency of electric and hybrid vehicles by minimizing dependence on traditional batteries.
  • Established in 2015, Germany-based Epcos has been a pioneer in the creation of ultracapacitor-based energy storage systems for automotive applications. The Epcos Ultracapacitors by the company find application in hybrid and electric vehicles for quick acceleration and energy recovery.

Top Player’s Company Profiles

  • Maxwell Technologies (USA)
  • Panasonic Corporation (Japan)
  • LG Chem (South Korea)
  • Skeleton Technologies (Estonia)
  • Nexeon (United Kingdom)
  • CAP-XX (Australia)
  • Yunasko (Russia)
  • Ioxus (USA)
  • GS Yuasa (Japan)
  • Faradion (United Kingdom)
  • Vincotech (Germany)
  • Epcos (Germany)
  • Kemet Corporation (USA)
  • ZapGo (United Kingdom)
  • Urban Future Lab (USA)

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Global Automotive Ultracapacitor Market size was valued at USD 5.66 Billion in 2024 and is poised to grow from USD 6.49 Billion in 2025 to USD 19.3 Billion by 2033, growing at a CAGR of 14.6% during the forecast period (2026–2033). 

As per the global automotive ultracapacitor industry analysis, competitive landscape is driven by key players like Maxwell Technologies (acquired by Tesla), Panasonic, and LG Chem. These companies focus on technological innovations, strategic partnerships, and expanding their product portfolios. For instance, Maxwell Technologies concentrates on increasing energy density and improving the performance of ultracapacitors for electric vehicles. Panasonic and LG Chem use their knowledge of battery technologies to combine ultracapacitors with hybrid and electric vehicle systems to increase energy efficiency. 'Skeleton Technologies (Estonia) ', 'Panasonic Corporation (Japan) ', 'LS Mtron Ltd. (South Korea) ', 'Nippon Chemi-Con Corporation (Japan) ', 'Nichicon Corporation (Japan) ', 'CAP-XX Limited (Australia) ', 'Yunasko Ltd. (United Kingdom) ', 'Ioxus, Inc. (United States) ', 'ELNA Co., Ltd. (Japan) ', 'VINATech Co., Ltd. (South Korea) ', 'SPEL Technologies Pvt. Ltd. (India) ', 'Supreme Power Solutions Co., Ltd. (China) ', 'Shanghai Aowei Technology Development Co., Ltd. (China) ', 'Cornell Dubilier Electronics, Inc. (United States) ', 'WIMA GmbH & Co. KG (Germany) ', 'Nesscap Energy Inc. (Canada) ', 'Murata Manufacturing Co., Ltd. (Japan) ', 'Taiyo Yuden Co., Ltd. (Japan) ', 'Seiko Instruments Inc. (Japan) ', 'AVX Corporation (United States) '

The increasing adoption of electric vehicles (EVs) significantly drives the global automotive ultracapacitor market growth. Ultracapacitors are well suited for EV use, with their fast energy release, increasing acceleration, and better regenerative braking systems. As governments around the world promote the uptake of EVs through regulations and incentives, ultracapacitor demand will increase.

Growing Demand for Energy-Efficient EVs: Growing need for energy-efficient electric vehicles (EVs) is driving the global automotive ultracapacitor market trends, which provide fast charging, long cycle life, and improved power delivery for regenerative braking. This is being driven by tighter emission regulations and consumer demand for clean, high-performance vehicles.

As per the global automotive ultracapacitor market analysis, Asia Pacific is the leading region within the industry in the automotive space, driven by the fast-moving adoption of hybrid and electric cars. China, Japan, and India are dominating the growth on the back of robust government commitment to sustainable transportation, technology gains in EV systems, and higher demand for compact energy storage units. The regional growth is sustained by major players in the sector and efforts at creating high-power ultracapacitors towards better vehicle performance and energy replenishment.

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Global Automotive Ultracapacitor Market
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