EEStor. Prepared by Paumanok Publications, Inc. Industrial Market Research July 2015

Transcription

1 EEStor Investor Presentation Markets, Technologies & Opportunities: 2015 Prepared by Paumanok Publications, Inc. Industrial Market Research July 2015 Disclaimer: All forward-looking statements are Paumanok Publications, Inc. management s present expectations of future events and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Also, technical data provided in this presentation are based upon test results provided by the independent testing agency Intertek.

2 Presented by Dennis M. Zogbi CEO and Founder Paumanok Publications, Inc. Dennis M. Zogbi is the author of more than 260 market research reports on the worldwide electronic components industry. Specializing in capacitors, resistors, inductors and circuit protection component markets, technologies and opportunities; electronic materials including tantalum, ceramics, aluminum, plastics; palladium, ruthenium, nickel, copper, barium, titanium, activated carbon, and conductive polymers. Mr. Zogbi has produced off-the-shelf market research reports for 26 years through his wholly owned company, Paumanok Publications, Inc., and engages in single client consulting, on-site presentations, due diligence for mergers and acquisitions, and he is the majority owner of Passive Component Industry Magazine LLC and writes a monthly column for TTI (Berkshire Hathaway) Marketeye. dennis@paumanokgroup.com 2015 Paumanok Publications, Inc. All Rights Reserved 2

3 The EEstor Capacitor Advantage Points of Differentiation 2015 Paumanok Publications, Inc. 3

4 The EEStor Capacitor Advantage (1) They Last Longer EEStor EEStor Capacitors Are Solid Designs With No Liquid Electrolytes and Have Long Term Energy Storage Capabilities Competition Competing Capacitors Have Toxic Liquid Electrolytes And Shorter Shelf Life EEStor Capacitors Have Lower Ripple Current Than The Competition Competing Capacitors Have Excess Ripple Current And Shorter Shelf Life Technical Data is Based Upon The Intertek Report 4

5 The EEStor Capacitor Advantage (2) They Charge Up Quickly EEStor EEStor Capacitors Have Rapid Charge and Discharge Capabilities Competition Competing Capacitors Have Slower Charge and Discharge Times EEStor Capacitors Have Lower ESR Than The Competition Competing Capacitors Have Higher ESR Technical Data is Based Upon The Intertek Report 5

6 The EEStor Capacitor Advantage (3) Shock Resistance EEStor EEStor Capacitors Have Ultra-High Shock Resistance Capabilities Competition Competing Capacitors Can be Easily Damaged From Mechanical Shock EEStor Capacitors Can Operate Effectively In Harsh Environments Competing Capacitors Have Difficulties in Harsh Environments Technical Data is Based Upon The Intertek Report 6

7 The EEStor Capacitor Advantage (4) Stability EEStor EEStor Capacitors Have Capacitance Stability With Increasing Temperature Competition Competing Capacitors Have Capacitance Roll- Off With Temperature Technical Data is Based Upon The Intertek Report 7

8 The EEStor Capacitor Advantage (5) Low Cost To Produce EEStor EEStor Capacitors Have Low Costs To Produce Because of Their Ceramic Dielectric Competition Competing Capacitors Based Upon Voltage and Capacitance Have Higher Costs To Produce Technical Data is Based Upon The Intertek Report 8

9 The EEStor Capacitor Advantage (6) High Voltage and High Cap EEStor Capacitors Have Desirable Combination of High Voltage and High Capacitance in a Solid Capacitor Design Competing Capacitors That Have High Capacitance and High Voltage are Wet Electrolyte Solutions With Notable Limitations Technical Data is Based Upon The Intertek Report 9

10 Summary of Points of Differentiation in EEStor Caps Solid Dry Design; No Toxic Liquid Electrolytes Rapid Charge/Discharge; Low ESR Capacitance Stability With Temperature Low Costs To Produce High Voltage and High Capacitance in a Solid Design Technical Data is Based Upon The Intertek Report 10

11 Global Capacitor Markets: FY 2015 TAM= $18.2 Billion USD 11

12 Global Capacitor Market: FY 2015 Global TAM: $18.2 Billion USD $1.8 Billion 10% $0.7 Billion 4% $1.9 Billion 10% 54% Ceramic Aluminum Plastic Tantalum Other $3.9 Billion 22% $9.9 Billion Paumanok- Passive Electronic Components: World Market Outlook:

13 Global Capacitor Market: FY 2015 Demand By End-Use Market Segment: FY 2015 $2.0 Billion 11% $2.7 Billion 15% 17% $3.1 Billion $0.7 Billion 4% 20% 33% $3.6 Billion $6.0 Billion Communications Computers Consumer AV Automotive Power & Industrial Specialty Paumanok- Passive Electronic Components: World Market Outlook:

14 Global Capacitor Market: FY 2015 Demand By World Region: FY 2015 $2.2 Billion $2.5 Billion 14% 12% 36% $6.5 Billion China Japan Americas SE Asia Europe $2.5 Billion 14% Paumanok- Passive Electronic Components: World Market Outlook: % $4.5 Billion Key Country Markets China: PRC/Taiwan/HK SE Asia: Korea, Singapore, Philippines, Malaysia, Thailand, India Japan: Japan Europe: Germany, UK, France, Italy, Holland Americas: USA, Mexico, Canada, Brazil 14

15 Capacitors: Global Market Shares $18.2 Billion Global TAM 28% 16% 9% Murata TDK Taiyo Yuden Nichicon Panasonic Vishay Walsin Samsung Kyocera/AVX Nippon Chemi-Con KEMET Rubycon Yageo Other 1% 2% 7% 2% 3% 4% 5% 5% 5% 6% 7% Paumanok- Passive Electronic Components: World Market Outlook:

16 Capacitors: Global Forecasts to 2020 (In Billions of USD) $12.9 $13.8 $15.6 $16.7 $17.5 $18.9 $15.9 $16.1 $19.4 $18.6 $16.2 $18.3 $18.2 $19.0 $19.5 $19.6 $19.9 $20.8 Paumanok- Passive Electronic Components: World Market Outlook: FY Ending March of each year shown Year CAGR= 41% Year CAGR= 13% Forecast CAGR= 14% 16

17 EEStor Market Opportunities Targeting Subsets of The $18.2 Billion Global Capacitor Market TAM: All Capacitors $18.2 BB USD SAM: Power, Industrial and Specialty Capacitors $2.7 BB USD Target Market: Power T&D Motor Run Industrial PFC Screw Terminal Snap Mount Defibrillators $1.9 BB USD 17

18 Market Descriptions Suggested Point of Market Entry 18

19 Key Target Markets in Industrial Capacitors: FY 2015 Large Can Screw Terminal and Snap Mount Aluminum Capacitors $783 MM USD TAM Transmission & Distribution Class PFC Capacitor $379 MM USD TAM Power Film and Renewable Energy Capacitor Markets: $271 MM USD TAM Motor Run PFC Capacitors $238 MM USD TAM Industrial Power Factor Correction Capacitor Markets $108 MM USD TAM 19

20 Key Target Markets in Specialty Capacitors: FY 2015 Implantable Defibrillator Capacitors: TAM $125 MM 20

21 EEStor: PresentationSummary EEStor- Capacitor Differentiation EEStor- Market Opportunity Long Life Capacitor Global TAM= $18.2 BB USD Rapid Charge/Discharge Cycle Target Markets Low ESR Industrial Capacitors Shock Resistant Specialty Capacitors Stable With Temperature High Voltage and High Capacitance Low Costs To Produce 21