In this digital age of mankind we are surrounded with various gadgets, devices, we use the latest technology for transport, to access healthcare, to power our homes. To do this we need electrical energy, and electricity can be provided in various ways.
Powering our infrastructure is mostly done from power stations that provide electricity through power lines. Due to its technical implementation it cannot provide electricity via power lines in every part of the world. This is where batteries come in use, as the electrical energy is portable, it can store, transport, as well as recharge energy in numerous ways.
Batteries convert the chemical energy to electrical energy, and there are two types of batteries that we use today. One being the primary which is disposable and can be used once, the other being secondary which can be recharged and be used many times. There are different cell types dry cell is primary and is used once only. Wet cell is secondary and can be used numerous times, there is also reserve cell which stores energy to be used as a reserve.
To produce batteries large scale engineering needs to be put in place. Better analytical tools, quality control, and flexible instruments are put to use to produce durable products.
As our global market shifts toward electrical vehicles, renewable energy there is a huge market for such products. Transportation sector will see a massive demand for secondary batteries, whereas rural parts of the world will also need reserve batteries to fully utilize renewable electricity.
The global market for batteries is valued at $50 billion with an ever increasing demand at 6% it is no doubt going to be a major player for the economy.