Global Aircraft Ultra-Capacitors Market Outlook 2030 –
Ultra-capacitors are a new type of energy storage devices that have a high-power density, near-instant recharging, and extremely long life. A supercapacitor is a high-capacity capacitor with a higher capacitance value than ordinary capacitors. They can store ten to a hundred times more energy per unit mass than electrolytic capacitors and have lower voltage restrictions They are commonly employed in combat tank cold cranes, unmanned aerial vehicle catapults, Mine Resistant Ambush Protected (MRAP) vehicle door operations emergency control, Global Positioning System (GPS) guided missiles, and other applications.
COVID-19 Impact Analysis
The COVID-19 outbreak as well as the resulting lockdowns and supply chain of aerospace ultra-capacitor disruptions have harmed the aerospace & defense industry, causing new defense acquisition and maintenance projects to be halted or delayed. Individuals, organizations, governments, and enterprises have had to adapt to the problems of COVID-19, which has had a massive impact on global economic activity. The downfall in industry and the suspension of the manufacturing process has resulted in a decline in the industry demand. There was degradation in the supply chain and less demand from end users, which had a negative impact on the profit. COVID-19 impact on the supercapacitor market is temporary. The government has imposed a lockdown across the globe and is enforcing strict rules and regulations to control the pandemic.
Top Impacting Factor
- Rise in demand for modern aircraft, increased use of ultra-capacitor in smart wearables, and increase in applications of supercapacitors in aviation sector are the major factors that drive the growth of the aerospace ultra-capacitor market.
- Limitation of supercapacitors to be used as long-term energy storage solutions, and high maintenance cost hinder the growth of the aerospace ultra-capacitor market.
- Technological developments in emergency actuators, high backup power requirements in aerospace are anticipated to create market opportunities for the aerospace ultra-capacitors.
Rise in Demand for Modern Aircraft
The rise in demand for commercial aircraft is one of the major factors driving the growth of the aerospace ultra-capacitor market. The constant increase in aviation traffic necessitated the acquisition of new aircraft. Commercial aircraft manufacturers are expanding their manufacturing capacity to meet the rising demand for new aircraft. They are also concentrating on the development of next-generation aircrafts that use less fuel and emit less noise and carbon dioxide. As a result, there has been an increase in demand for aircraft. Market providers also offer customized airplane hangars that are built to meet the needs of the end-users. For instance, Boeing announced in June 2017 that it would produce a modified 737 called the "737 MAX 10" to compete with the successful Airbus A321Neo. Both planes are aimed at the "middle of the market" (MOM) segment of the passenger jet market. Narrow-body aircraft, also known as MOM jets, are single-aisle jets that are less than 4 meters long.
High Backup Power Requirements in Aerospace
Lead-acid batteries are used in general aviation and light aircraft, whereas nickel-cadmium batteries are used in larger aircraft and helicopters. Lithium-Ion batteries are used by aircraft manufacturers as they have a higher energy storage capacity per unit weight, but there are safety issues with Lithium-Ion batteries. Supercapacitors, on the other hand, are the best option. Future aircrafts are expected to make extensive use of onboard automated electric power system management, including the use of a supercapacitor as an intelligent energy storage device to protect the electric generator from abrupt power changes caused by the sudden connection or disconnection of a load, or by a load with regenerative power capabilities, such as electromagnetic actuators. For instance, the new Airbus A380 has supercapacitors for the heavy door operations of the regular aircraft', and it can operate independently in an emergency if the central power system of aircraft fails.
Key Benefits of the Report
- This study presents the analytical depiction of the aircraft ultra-capacitor market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with challenges the aircraft ultra-capacitor market.
- The current market is quantitatively analyzed to highlight the market growth scenario of aircraft ultra-capacitor market.
- The report provides a detailed aircraft ultra-capacitor market analysis based on competitive intensity and the competition that will take shape in coming years.
Questions Answered in the Aircraft Ultra-Capacitor Market Research Report:
- Who are the leading market players in the aircraft ultra-capacitor market?
- What are the critical challenges faced by manufacturers in the aircraft ultra-capacitor market?
- What are the market trends, driving factor and opportunities involved in this market?
- What are the key segments covered in the aircraft ultra-capacitor market?
- What are the future projections of aircraft ultra-capacitor market that would help in taking further strategic steps?
Aerospace Ultra-Capacitors Market Report Highlights
| Aspects | Details |
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 By Application |
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 By End-Use |
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 By Region |
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 Key Market Players | Axion Power International Inc., Panasonic Corporation, VINATech Co., Ltd., LS Mtron Ltd., Maxwell Technologies, Inc., Tracxn Technologies, Skeleton Technologies, CAP-XX Limited, Yunasko., Supreme Power Solutions |
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