Automotive Absorbent Glass Mat Battery Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Absorbent Glass Mat Battery Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Absorbent Glass Mat Battery Market Trends and Forecast

The future of the global automotive absorbent glass mat battery market looks promising with opportunities in the original equipment manufacturers and aftermarket markets. The global automotive absorbent glass mat battery market is expected to reach an estimated $ 15.5 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing requirement for efficient energy storage systems, rising trend of virtualization and cloud computing, and growing government regulations towards reduction of carbon emissions across the globe.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global automotive absorbent glass mat battery market report, please download the report brochure.

Automotive Absorbent Glass Mat Battery Market by Segment

The study includes a forecast for the global automotive absorbent glass mat battery market by type, application, end use industry, and region

Automotive Absorbent Glass Mat (AGM) Battery Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Stationary
• Motive

Automotive Absorbent Glass Mat (AGM) Battery Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Passenger
• Motocycle

Automotive Absorbent Glass Mat (AGM) Battery Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Automotive Absorbent Glass Mat (AGM) Battery Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automotive Absorbent Glass Mat (AGM) Battery Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive absorbent glass mat (AGM) battery market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive absorbent glass mat (AGM) battery market companies profiled in this report include-

• Clarios
• Power Sonic Corporation
• C&D Technologies
• East Penn Manufacturing
• Fullriver Battery

Automotive Absorbent Glass Mat (AGM) Battery Market Market Insights

Lucintel forecasts that stationary batteries will remain the largest segment due to its increasing adoption in the UPS and telecommunication sectors.

Within this market, original equipment manufacturer will remain the largest segment due to increasing application of these batteries in vehicles so as to enhance performance while reducing weight of the vehicle.

Europe is expected to witness highest growth over the forecast period due to increasing consciousness towards environment and rising government regulations in this region.

Features of the Global Automotive Absorbent Glass Mat (AGM) Battery Market

Market Size Estimates: Automotive Absorbent glass mat battery market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automotive absorbent glass mat battery market size by various segments, such as by type, application,end use industry, and region in terms of value ($B).

Regional Analysis: Automotive absorbent glass mat battery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, end use industries, and regions for the automotive absorbent glass mat battery market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive absorbent glass mat battery market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the automotive absorbent glass mat battery market size?

Answer: The global automotive absorbent glass mat battery market is expected to reach an estimated $ 15.5 billion by 2030.

Q.2 What is the growth forecast for automotive absorbent glass mat battery market?

Answer: The global automotive absorbent glass mat battery market is expected to grow with a CAGR of 5.8% from 2024 to 2030

Q.3 What are the major drivers influencing the growth of the automotive absorbent glass mat battery market?

Answer: The major drivers for this market are increasing requirement for efficient energy storage systems, rising trend of virtualization and cloud computing, and growing government regulations towards reduction of carbon emissions across the globe.

Q4. What are the major segments for automotive absorbent glass mat battery market?

Answer: The future of the automotive bbsorbent glass mat battery market looks promising with opportunities in the original equipment manufacturers and aftermarket markets.

Q5. Who are the key automotive absorbent glass mat battery market companies?

Answer: Some of the key automotive absorbent glass mat battery market companies are as follows:

Clarios

Power Sonic Corporation

C&D Technologies

East Penn Manufacturing

Fullriver Battery

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Q6. Which automotive absorbent glass mat battery market segment will be the largest in future?

Answer: Lucintel forecasts that Lucintel forecast that stationary batteries will remain the largest segment due to its increasing adoption in the UPS and telecommunication sectors.

Q7. In automotive absorbent glass mat battery market, which region is expected to be the largest in next 5 years?

AnswerEurope is expected to witness highest growth over the forecast period due to increasing consciousness towards environment and rising government regulations in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the automotive absorbent glass mat battery market by type (stationary and motive), application (automative,UPS,industrial, and energy storage), end use industry (original equipment manufacturers and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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