Global Market Research Company US India Inverter Battery Market Forecast and Opportu | Page 5

Product Overview
➢ Battery is a chargeable stationary or mobile energy storage device that converts chemical energy into electrical
energy. Major application areas of batteries include automobile, telecom, renewable energy, etc., where direct
grid connected power sources are unavailable for electricity generation. Batteries can further be classified into
primary and secondary batteries.
➢ There are two types of batteries:
 Renewable: These are the batteries that are integrated with solar or wind plants for electricity storage
and can be used as a source of energy.
 Non-Renewable: These are the batteries that are used in homes for providing power and are connected
directly to the gridlines.
India Inverter Battery Market Landscape
India Inverter Battery Market
Application
Type
Renewable
Non-
Renewable
Region
Residential/
Domestic North India
Industrial South India
Commercial
East India
West India
Source: TechSci Research
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TechSci Research