BATTERY ASIA 2025: An International Exhibition on Battery Technologies and Allied Industries will bring together the latest technologies and services involved in battery technology, covering battery storage, battery management systems, fuel cell technology, lithium-ion batteries, automotive manufacturers, and more. It will provide a unique opportunity to showcase the latest products, technologies, and services in Battery Management Systems, EV batteries, battery storage, battery development, and the commercial and mobile power device sectors.
KTPO, Bengaluru, India
The Battery industry is on the cusp of a power revolution with big technology companies investing heavily in the next generation of battery development and energy storage. The market is segmented by Technology (Li-ion Battery, Lead-acid Battery, and Others) and Application (SLI Batteries, Industrial Batteries (More, Stay (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable (Consumer Electronics, etc.), Automotive (HEV, PHEV, EV), and Other Applications
The India battery market is expected to grow at a CAGR of more than 15% during the forecast period of 2020-2025. The India battery market is already making sustained gains and is expected to flourish in the global market over the forecast period with the rise in electric vehicle sales coupled with increasing solar PV installation in the country, which in turn, is likely to drive the market in India. The Automotive segment is expected to have significant growth in the India battery market during the forecast period. Plans for local manufacturing of lithium-ion batteries in India are expected to bring down the EV cost in due time and reduce the dependency and increments on import duties which in turn, is likely to provide an opportunity in the li-ion battery market soon.