Global Absorbed Glass Mat (AGM) Battery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Absorbed Glass Mat (AGM) Battery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Absorbed Glass Mat (AGM) Battery market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Absorbed glass mat (AGM) battery is an advanced technology battery compared to lead- acid flooded battery. AGM batteries are constructed in such a way that the electrolyte is made to be suspended between the glass mat (primarily made of fiberglass) and battery plates. The amount of electrolyte is minimal in such batteries and it contains only enough electrolyte to keep the mat wets. If we compare traditional lead acid batteries with AGM batteries then AGM batteries are far more efficient because of its design and construction, better lifespan, resistance to vibrations, no spillage or leakage and more capacity.

Stringent CO2 emission norms and start-stop functions in all the cars manufactured by European automobile by 2023 is one of the key driver for Europe AGM battery market. Trucking industry has also now started using AGM battery since it requires minimal maintenance. Renewable energy systems like solar power completely depends on AGM batteries too and these factors are anticipated to strongly driver growth of the global AGM battery market. Higher AGM technology costs as compared to lead-acid battery could be a potential restraint for the global market of AGM battery. 

The Global Info Research report includes an overview of the development of the Absorbed Glass Mat (AGM) Battery industry chain, the market status of OEM (Automobile Battery, Inverter Battery), Aftersales (Automobile Battery, Inverter Battery), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Absorbed Glass Mat (AGM) Battery.

Regionally, the report analyzes the Absorbed Glass Mat (AGM) Battery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Absorbed Glass Mat (AGM) Battery market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Absorbed Glass Mat (AGM) Battery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Absorbed Glass Mat (AGM) Battery industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Automobile Battery, Inverter Battery).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Absorbed Glass Mat (AGM) Battery market.

Regional Analysis: The report involves examining the Absorbed Glass Mat (AGM) Battery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Absorbed Glass Mat (AGM) Battery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Absorbed Glass Mat (AGM) Battery:

Company Analysis: Report covers individual Absorbed Glass Mat (AGM) Battery manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Absorbed Glass Mat (AGM) Battery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (OEM, Aftersales).

Technology Analysis: Report covers specific technologies relevant to Absorbed Glass Mat (AGM) Battery. It assesses the current state, advancements, and potential future developments in Absorbed Glass Mat (AGM) Battery areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Absorbed Glass Mat (AGM) Battery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Absorbed Glass Mat (AGM) Battery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Automobile Battery
Inverter Battery
Solar Energy Battery
Alternate Energy

Market segment by Application
OEM
Aftersales

Major players covered
Robert Bosch
Duracell
Exide
Trojan Batteries
AMARON QUANTA
ODYSSEY batteries
Adventure Power
MK Battery
Tudor India Limited
Centennial AGM

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Absorbed Glass Mat (AGM) Battery product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Absorbed Glass Mat (AGM) Battery, with price, sales, revenue and global market share of Absorbed Glass Mat (AGM) Battery from 2019 to 2024.

Chapter 3, the Absorbed Glass Mat (AGM) Battery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Absorbed Glass Mat (AGM) Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Absorbed Glass Mat (AGM) Battery market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Absorbed Glass Mat (AGM) Battery.

Chapter 14 and 15, to describe Absorbed Glass Mat (AGM) Battery sales channel, distributors, customers, research findings and conclusion.