Advent of electricity has brought electrical engineering to the foreground. Electrical engineering work involves electronic circuitry. The Utility field has tremendous growth prospects as it ranges from a small bulb to giant submarine’s electrical system. Electrical engineering has spread its tentacle to numerous specialized categories that includes computers, microelectronics, power, electronics, instrumentation, control, communication, signal processing, etc. There is no business in this world that is untouched by electrical engineers. From home, school, laboratories, military, defense, transportation, to government, technology, communication, renewable energy, multinational corporations, and aerospace, they are all electrical engineering subjects.
To be an Electrical engineering you need to possess complete knowledge and understanding of physics, electronics, mathematics, basic learning of programming languages like JAVA, C++ and electromagnetism. You deal with low and high voltages devices. Electrical engineering involves design development of the devices that produce electricity or devices that work on electricity. Design development is the part of the job that electrical engineers do. From the stage of conceptualization to the operationalisation of project, final completion and the future maintenance work, all belongs to electrical engineers.
There are many companies yearning for employing high skilled professional engineers both locally and internationally. They provide attractive payroll, several benefits and compensation. It’s your choice if you want to join a company or to run a self-employed business.
There is list of electrical business ideas that will cater to your business need:
1. Battery Reconditioning
Reconditioning of battery to its original working capacity is the most simple and easy electrical business ideas. This business has sure shot high success rate. This is because of the fact that consumers are price-sensitive and this business offers services that are very cost-effective prices. Services may include phone battery, laptop battery, vehicle battery, etc. The business investment remains low. You have to be equipping yourself with the battery rejuvenation, reconditioning process while following safety measures.
2. Cartridge Refilling
Before a cartridge is discarded, it can be reused for, at the least, four times. The cartridge cost a decent some of money. So, people like to make the most out of the available resources. Cartridge refilling provides a profitable electronics business opportunity to the businessman and cut the expenses of the printer-user. You can start this business at your home location with the low capital investment or set up a office or buy a franchise of a well known refilling brand. The required skill, to carry out this business successfully involves the knowledge of cartridges of different printers as they come in different sizes with different refilling techniques and ink used. As the printers undergo various technological changes with time, you have to be updated with the printer up gradation.
3. Computer Assembling
Given the costly prices of computers, people prefer going to computer assembler to get the computer that fits the requirements of user. These computers match up with modern-day features that come with company’s new computer models. To run this electronics business, one has to undergo stages of procurement of parts, tools required during installation, preparing the case for assembling, installation of motherboard, hard drive, optical drive, CPU, RAM, CPU fan, case fan, power supply and connecting cables.
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4. Battery Outlet
It depends upon you whether you want to sell battery of a particular brand or sell multiple batteries by running your own store. As a battery store owner, you have to stock a variety of batteries like general purpose battery, motorcycle battery, commercial battery, lithium battery, battery packs, emergency lighting batteries, alkaline batteries, mobile and laptop batteries, etc.
5. Voltage Stabilizer and boosters Production
Voltage stabilizer assists in providing the safe and consistent power supply to the equipment. It helps in avoiding sudden voltage fluctuations and thereby reduces the risk of damage. A stable power supply is the oxygen of every electronic device. It is lucrative electronics business opportunities given its demand in business industries and houses for A/C, computers, etc.
6. Computer Accessories
It is an electronics business ideas that requires to stock computers accessories like keyboard, mouse, hard disk, UPS, laptop skins, software, router, etc. Everything goes through damage, wear and tear and hence the necessity of buying computer accessories.
7. CCTV Camera
Installation of CCTV cameras features at the topmost place in the government election mandates and policies. Safety and security of people is a priority. This makes it quite clear about the exigencies of it. With this much focus, this makes it a financially stable electrical business ideas. It is easy to start this business venture given the established standardize procedure to install them. Besides this you should know about different type of camera meeting customers need, off-site or on-site monitoring of camera feed, gradations in technology and conduct market research to remain competitive in the market.
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8. E-waste Recycling Business
According to the studies, it has been reported that e-waste contributes about 70% of the environmental pollution. Prominent reasons behind this percentage are the increased use of technology gadgets, the rapid technological advancement and the up gradation and newly launched products that are taking place at a faster pace. Management and recycling is the solution of the threat posed to the environment by e-waste. E-waste recycling help in the effective management of solid waste, precious material can be extracted; electronic devices contain hazardous chemical components that need to be treated well. This electrical business ideas has huge growth potential. This will also helps in reducing environmental problems.
9. Battery Production
Battery product is a profitable electrical business idea. Required knowledge of battery manufacturing will sail you through. You can operate on small scale with minimum capital investment and small space to carry out your operations. You have to comply with the environment pollution board instructions keeping in mind the minerals and metals that are used in the production leave major ecological footprints.
10. Electrical Retail Store
To start a electrical manufacturing business, an individual is required to have sound electrical knowledge, trade license, CST and MSME registration and BIS certification. These electronics business ideas have huge growth potential with world moving towards urbanization and industrialization. Plugs, switches, holders, sockets are the prerequisites for electricity supply.