From electric vehicles to renewable energy storage, battery technology plays a crucial role in powering our future. As the demand for efficient, longlasting energy storage solutions grows, so does the need for skilled professionals in this dynamic field.
In this article, we will explore the diverse career paths within the battery ecosystem, the skills required, and the future outlook, shedding light on the role of the Electronics Sector Skill Council of India.
Battery Industry: An Overview
Battery systems are essential in a wide range of applications, including consumer electronics, electric vehicles (EVs), renewable energy storage, and industrial processes. The industry is characterized by rapid innovation, driven by the need for higher energy densities, faster charging times, and greater overall efficiency. Key areas of focus include lithiumion technology, solid-state batteries, and alternative chemistries.
Indian battery market, valued at approximately USD 7.20 billion in 2024, is projected to grow to USD 15.65 billion by 2029, reflecting a compound annual growth rate (CAGR) of 16.80% over the forecast period (2024-2029). This growth is anticipated to be driven by several factors, including the expansion of new markets such as electric vehicles and battery energy storage systems, as well as the increasing adoption of automotive batteries in electric vehicles. Additionally, the development of local lithium-ion battery manufacturing in India is expected to present significant growth opportunities for the market. This information is based on a report by Mordor Intelligence.
Role of Electronics Sector Skills Council of India
Diese Geschichte stammt aus der November 2024-Ausgabe von Bisinfotech.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 2024-Ausgabe von Bisinfotech.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Securing India's Future: AI And Evolving Threats In Cybersecurity
ManageEngine is a leading provider of comprehensive IT management solutions, offering tools for network, security, and identity management to help organizations optimize and secure their IT infrastructure.
ThoughtSol Launches New Initiatives to Cut Emissions
ThoughtSol Infotech Pvt. Ltd is stepping up its commitment to sustainability by undertaking a comprehensive assessment of its carbon footprint.
India's First Green Hydrogen Steel Facility Project Awarded
Gensol Engineering Limited has partnered with Matrix Gas & Renewables to develop India’s first and largest Green Steel production facility.
Strengthening India's Cyber Resilience with Sattrix
Sattrix India is a distinguished leader in the realm of IT and cybersecurity serving many Big players across eCommerce, BFSI, Electronics and PSU sector.
Pioneering India's Semiconductor Revolution with Merck Electronics
Merck's electronics business is committed to advancing digital living and at the heart of these strides are Semiconductors.
How Mowito is Enhancing Flexibility and Efficiency in Warehouses and Factories
Mowito is unique in offering software that enables robotic arms to pick fresh produce and handle a range of items, including pharmaceuticals, FMCG, CPG, cosmetics, and electronics.
Pioneering Battery Recycling and Strengthening India's Lithium-lon Value Chain
Recyclekaro has made a substantial investment of 100 crore in establishing a Nickel Metal plant facility within the country. This strategic move is geared towards reinforcing India's standing within the worldwide lithium-ion value chain. During an interaction with Vidushi, Prassann Daphal, CEO, Recyclekaro discussed Recyclekaro's initiatives in battery recycling, their investment in a Nickel Metal plant, and efforts to support India's lithium-ion value chain and circular economy.
VIAVI Solutions Leads the Charge in 5G, Open RAN, and Al-Driven Network Innovations
VIAVI Solutions is a global provider of network test, monitoring and assurance solutions for communication networks, cloud, hyperscale and enterprise data centers to mission-critical avionics, industrial, automotive, transportation, military, railway and aerospace.
Advancements in Electronics and Semiconductor Manufacturing in Uttar Pradesh
Uttar Pradesh (UP) has become the center of electronics and semiconductor manufacturing in India.
Advancing Security at The Intelligent Edge
As embedded systems become more intelligent and more capable of gathering vast amounts of data to deliver real-time, insightful decisions their impact on peoples’ health, productivity, and safety becomes profound.
