The lithium-ion battery industry in India is centered around the manufacturing, distribution, and utilization of lithium-ion batteries for electric vehicles, energy storage, and consumer electronics.
The lithium-ion battery market in India is expected to reach a value of INR 152.36 Bn by FY 2029, expanding at a compound annual growth rate (CAGR) of ~21.82% during the 2024 - 2029 period. The market for lithium-ion batteries in India includes battery production, research and development, and its applications in electric vehicles, energy storage systems, consumer electronics, and others
Increasing concerns about pollution and the government's emphasis on clean energy sources have hastened the demand for energy storage systems, which is also boosting market expansion.
The lithium-ion battery market in India is expected to reach a value of INR 152.36 Bn by FY 2029, expanding at a compound annual growth rate (CAGR) of ~21.82% during the 2024 - 2029 period. The market for lithium-ion batteries in India includes battery production, research and development, and its applications in electric vehicles, energy storage systems, consumer electronics, and others
Increasing concerns about pollution and the government's emphasis on clean energy sources have hastened the demand for energy storage systems, which is also boosting market expansion.
Market drivers:
Renewable energy storage solutions are becoming an important factor driving the growth of the lithium-ion battery market in India, primarily because of the country's ambitious goals for sustainable energy. Lithium-ion batteries provide an optimal mix of effectiveness and expandability for incorporating renewable energy sources, enabling a more reliable energy grid.Market Trends:
Breakthroughs in rapid charging technologies are transforming the lithium-ion battery industry in India by significantly reducing the time it takes to charge electric vehicles and gadgets. Cutting-edge alternatives such as high-speed chargers and upgraded battery formulas are improving user satisfaction and boosting the popularity of electric transportation.Table of Contents
Chapter 1: Executive SummaryChapter 2: Socio-Economic Indicators
Chapter 3: Introduction
3.1. Market definition and structure
Chapter 4: Market Overview
4.1. Lithium-Ion Battery Market in India - An Overview
4.2. Market Size and Growth Forecast (2024 - 2029)
Chapter 5: Market Influencers
5.1. Market drivers
5.2. Market challenges
Chapter 6: Market Trends
6.1. Key Market Trends
Chapter 7: Government Initiatives
7.1. Favourable Government Initiatives
Chapter 8: Government Initiatives
8.1. Trade Analysis
Chapter 9: Competitive Landscape
9.1. Amara Raja Energy & Mobility Limited
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographic segments
9.3 HBL Power Systems Limited
9.4 CLN Energy Ltd.
9.5 Evolute Systems Pvt. Ltd.
9.6 Future Hi-tech Batteries Limited
9.7 Li Energy Private Ltd.
9.8 Luminous Power Technologies Pvt. Ltd.
9.9 Okaya Power Pvt. Ltd.
9.10 TDS Lithium-Ion Battery Gujarat Private Limited
Chapter 10: Recent Developments
10.1. Key Recent Developments
Chapter 11: Appendix
11.1. About the publisher
11.2. Research methodology
11.3. Disclaimer
Companies Mentioned
- Amara Raja Energy & Mobility Limited
- Exide Industries Limited
- HBL Power Systems Limited
- CLN Energy Ltd.
- Evolute Systems Pvt. Ltd.
- Future Hi-tech Batteries Limited
- Li Energy Private Ltd.
- Luminous Power Technologies Pvt. Ltd.
- Okaya Power Pvt. Ltd.
- TDS Lithium-Ion Battery Gujarat Private Limited
Methodology
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