Book Description

India is one of the world's largest battery manufacturers. Furthermore, there is an increase in global demand for batteries, and Indian battery producers are preparing to satisfy this need. The Indian battery sector has grown by 25% year over year and is expected to increase even more in the future. Batteries, such as Sealed Maintenance Free (SMF), lead-acid, or lithium-ion batteries, now power virtually everything else on the world. The global battery market was worth USD 108.4 billion and is predicted to increase at a CAGR of 14.1%. The increasing demand from the automotive application is responsible for the market's rise. Rechargeable batteries are utilised in non-rechargeable batteries and electric vehicles in the automobile industry. The rising global popularity of consumer electronics is expected to increase the use of lithium-ion batteries as a product category. Portable electronics, such as LCD displays, smartphones, tablets, and wearable devices like fitness bands, are in high demand, increasing market growth. Because of technical developments in terms of increased efficiency, cost-effectiveness, and product innovation, the market is predicted to rise significantly. Battery demand is likely to be driven by strict emission requirements imposed by government agencies in industrialized countries such as the United States and the United Kingdom, as well as an increasing focus on fuel efficiency. The demand for lithium-ion batteries is predicted to increase by more than 500 percent in the future. Many predictions suggest that demand will outpace supply, virtually assuring a price increase. All of the businesses in this field have unique opportunities to invest in the future of energy storage and transportation. The global lithium-ion battery market size was valued at USD 53.6 billion and is expected to grow at a compound annual growth rate (CAGR) of 19.0%. The market's expansion can be ascribed to the rising demand for lithium-ion batteries in electric vehicles (EVs) and grid storage, since they provide high-energy density and lightweight solutions. The market size is expected to grow due to an increase in the registration of electric vehicles. The global lead–acid battery industry is growing significantly across the globe and it is likely to register a CAGR of 5.2% during the forecast period. Growing SLI applications in the automobile sector, increase in renewable energy output, and rising demand for energy storage devices are some of the causes driving up demand for lead–acid batteries. As the telecom industry expands in nations like the United States, Brazil, India, and the United Kingdom, there is a growing demand for UPS systems as a backup power source, resulting in a higher usage of lead–acid batteries as a cost-effective energy source. The book covers a wide range of topics connected to Batteries, as well as their manufacturing processes. It also includes contact information for machinery suppliers, as well as images of equipments. A complete guide on Production, Recycling of Lithium Ion and Lead-Acid Batteries manufacture and entrepreneurship. This book serves as a one-stop shop for everything you need to know about the Battery manufacturing industry, which is ripe with opportunity for manufacturers, merchants, and entrepreneurs. This is the only book that covers Production, Recycling of Lithium Ion and Lead-Acid Batteries in depth. From concept through equipment procurement, it is a veritable feast of how-to information.