Power Industry Reports

India Battery Market is expected to grow owing to surge in the sales of consumer electronics, such as smartphones, laptops, and tablets throughout the forecast period. According to TechSci Research report,  “ India Battery  Market  – By Region, Competition, Forecast and Opportunities,  2019-2029”,  India Battery Market is expected to register robust growth during the forecast period. Growing concerns about air pollution and climate change have led to increased interest in eco-friendly transportation options. Electric vehicles are viewed as a cleaner and more sustainable alternative to traditional internal combustion engine vehicles. Battery-powered EVs help reduce greenhouse gas emissions and dependence on fossil fuels. EVs are gaining momentum in India as a sustainable and eco-friendly mode of transportation. This trend presents a significant opportunity for battery manufacturers to meet the growing demand for lithium-ion batteries, which are the primary p...

India Battery Market is expected to show robust growth due to surging demands for efficient power and energy storage solutions.   According to TechSci report on, “ India  Battery Market , By Region, Competition Forecast & Opportunities, 2018 - 2028”  India battery market may achieve an anticipated market value by 2028F growing with an impressive CAGR during the forecast period, 2024-2028. Rising demands for the efficient power storage solutions along with the growing concerns for higher energy consumptions, are driving the growth of the India battery market in the upcoming five years. During the fiscal year 2019-20, the gross electricity generation through utilities in the country was 1383.5 TWh and total electricity generation in India was 1598 TWh. Out of this energy generation, gross electricity consumption in the fiscal year 2019 was 1208 KWh per capita. Increasing consumption of the electrical energy and growing concerns for the energy storage further suppor...