Seeking Alpha

SustainableBusi...'s  Instablog

SustainableBusiness
Send Message
Rona Fried, Ph.D., is editor of Progressive Investor and CEO of SustainableBusiness.com. Known for her wide-ranging, deep knowledge of sustainable business, she speaks and writes on topics related to green business, green jobs and green investing. She writes the "Investing in Clean... More
My company:
SustainableBusiness.com
My blog:
sustainablebusiness.com
  • Ultracapacitor Sales to Grow Tenfold by 2016 0 comments
    Jan 27, 2011 11:50 AM | about stocks: MXWL

    Worldwide sales of ultracapacitors will grow tenfold from just $28.2 million in 2011 to $284.1 million by 2016, with cumulative revenue of $901.3 million during that period, according to a new market report.

    With more than a 30-year history of development, the ultracapacitor is not a new technology, but its utilization as a means for storing energy and delivering power is growing in several key application areas, Pike Research said. The most popular segment today for ultracapacitor modules in the transportation market is for use in stop-start vehicles, and early-stage applications for ultracapacitors also include grid-scale energy storage and wind turbines.

    “Ultracapacitors’ greatest advantages over their primary competition, batteries, are superior cycle life and power density,” says senior analyst John Gartner. “However, ultracapacitors are viewed as too expensive for most energy storage applications and the technology is commonly viewed as not sufficiently mature for transportation applications. That said, ultracapacitors are showing great promise in several niche applications, most notably the burgeoning market for stop-start vehicles.”

    Gartner adds that the stop-start vehicle market is experiencing rapid growth in Europe due to tightening emissions reductions requirements for vehicles with diesel engines. Ultracapacitors have been tested in pilot projects in electric buses and fuel cell vehicles, though they are not being used commercially in large numbers in other transportation market segments.

    Pike Research forecasts that ultracapacitor revenues in the stop-start vehicle segment will reach $355.5 million worldwide by 2020.

    Maxwell Technologies (NasdaqGM: MXWL) is supplying ultracapacitors for use in heavy-duty vehicles and wind turbine controls.

    Stocks: MXWL
Back To SustainableBusiness' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.