Global Absorbed Glass Mat Battery Market Comprehensive Study 2024

Global Absorbed Glass Mat Battery Market: by Type (Automobile Battery, Inverter Battery, Solar Energy Battery, Alternate Battery), Application (Telecommunications industry, Electricity Industry, UPS, Other), Distribution Channels (OEMs (Original Equipment’s Manufacturers), Aftermarket), Output Capacity (6V, 8V, 12V) and By Regions (North America, Europe, Asia-Pacific, South America, Middle East & Africa) – Historical & Forecast Period (2020-2035) Comprehensive Study 2024

Global Absorbed Glass Mat Battery market size was valued at USD 11,800 Million in 2023 and is expected to reach USD 22,500 Million in 2035 at a (CAGR) of 5.10% from 2024 to 2035.

An Absorbed Glass Mat (AGM) battery is a type of lead-acid battery that’s commonly used in vehicles and various other applications. Unlike traditional flooded lead-acid batteries, AGM batteries use a fiberglass mat to absorb and hold the electrolyte solution.

 

Absorbed Glass Mat Battery Market Revenue (USD Million), (2020-2035)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Absorbed Glass Mat Battery Market YOY (%), (2020-2035)

 

Absorbed Glass Mat Battery by Regions Share (%), 2024

 

Top Absorbed Glass Mat Battery Players Share (%), 2024

 

Absorbed Glass Mat Battery Market Growth Drivers:

  • Renewable Energy Integration: In renewable energy systems, such as solar power and wind power installations, energy storage is essential for balancing supply and demand. AGM batteries are well-suited for this role due to their deep cycling capability and fast charging characteristics. As the adoption of renewable energy continues to increase, so does the demand for reliable energy storage solutions like AGM batteries.
  • Telecommunications Infrastructure: AGM batteries are commonly used in telecommunications infrastructure, such as cell towers and data centers, where backup power is critical. With the increasing demand for reliable communication networks, there’s a corresponding demand for high-performance batteries like AGM batteries that can provide backup power in case of grid outages.
  • Rising Vehicle Electrification: As vehicle electrification continues to grow, particularly in the automotive and marine sectors, there’s a greater need for reliable and durable batteries. AGM batteries offer advantages such as vibration resistance, fast charging, and deep cycling capability, making them attractive for use in electric vehicles (EVs), hybrid vehicles, and marine applications.

Absorbed Glass Mat Battery Market Trends:

  • Grid Integration and Energy Storage: AGM batteries are being increasingly used for grid integration and energy storage applications, particularly in conjunction with renewable energy sources such as solar and wind power. These batteries play a crucial role in stabilizing the grid, managing peak demand, and providing backup power during outages
  • Integration with Smart Technologies: AGM batteries are increasingly being integrated with smart technologies such as battery management systems (BMS) and remote monitoring capabilities. These technologies allow for better control, monitoring, and optimization of battery performance, as well as early detection of potential issues or failures

  Study Coverage

Metrics Details
Years 2020-2035
Base Year 2023
Market Size Revenue (USD Million)
Regions North America – U.S, Canada and Mexico
Europe- Germany, France, United Kingdom, Italy, Spain, Netherlands, Poland, Belgium, Denmark and Rest of Europe
APAC- China, Japan, India, South Korea, Taiwan, Vietnam, Singapore, Philippines, Australia, and Rest of Asia-PacificSouth America- Brazil, Argentina, Peru, Chile and Rest of South America
Middle East- Kuwait, Saudi Arabia, Oman, Qatar, UAE, Egypt, and Rest of Middle East
Africa- South Africa, Chad, Mali, Sudan, Algeria, and Rest of Africa
Segments Type (Automobile Battery, Inverter Battery, Solar Energy Battery, Alternate Battery)

Application (Telecommunications industry, Electricity Industry, UPS, Other)

Distribution Channels (OEMs(Original Equipment’s Manufacturers), Aftermarket)

Output Capacity (6V, 8V, 12V)

Players Robert Bosch (Germany), Duracell (United States), Exide (India), Trojan Batteries (United States), AMARON QUANTA (India), ODYSSEY batteries (United States), Adventure Power (United States), MK Battery (United States), Tudor India Limited (India), and Centennial AGM (United States)

Absorbed Glass Mat Battery Insights

  • Absorbed Glass Mat Battery Market Revenue Size (USD Million)/Volume Size
  • Absorbed Glass Mat Battery Players Analysis
  • Top 10 Absorbed Glass Mat Battery Buyers Details
  • Absorbed Glass Mat Battery Historical & Estimated Years (2020-2035)
  • Absorbed Glass Mat Battery Regional/Segments Analysis
  • Absorbed Glass Mat Battery Import/Export/Production Data
  • 5 Successful Primary Validated Sources
  • Customization Options
  • Post-sales Support

Global Absorbed Glass Mat Battery Market: by Type (Automobile Battery, Inverter Battery, Solar Energy Battery, Alternate Battery), Application (Telecommunications industry, Electricity Industry, UPS, Other), Distribution Channels (OEMs (Original Equipment’s Manufacturers), Aftermarket), Output Capacity (6V, 8V, 12V) and By Regions (North America, Europe, Asia-Pacific, South America, Middle East & Africa) – Historical & Forecast Period (2020-2035) Comprehensive Study 2024

 

1. Global Absorbed Glass Mat Battery Market Outlook

2. Global Absorbed Glass Mat Battery Market Executive Summary

2.1. Global Market Revenue Size (USD Million) (2020-2035)
2.2. Key Trends By Segments (2020-2035)
2.3. Key Trends By Geography (2020-2035)

3. Global Absorbed Glass Mat Battery Market Key Vendors Analysis
3.1. Regulatory Framework
3.2. New Business and Ease of Doing Business Index
3.3. Case Studies of Successful Key Ventures
3.4. Top Players Comparative Analysis
3.4.1. Country/Regions
3.4.2. Type
3.4.3. Applications
3.5. Key Vendors
3.5.1. Top 5 Vendors Pricing Analysis
3.5.2. Product Benchmarking
3.5.3. Future Investment Plans
3.6. Absorbed Glass Mat Battery Market – Forces
3.6.1. Drivers
3.6.2. Restraints
3.6.3. Challenges
3.6.3.1. Porter’s Five Forces Analysis
3.6.3.1.1. Bargaining Power of Suppliers
3.6.3.1.2. Bargaining Power of Buyers
3.6.3.1.3. Threat of New Entrants
3.6.3.1.4. Threat of Substitutes
3.6.3.1.5. Degree of Competition

4. Global Absorbed Glass Mat Battery Market Revenue (USD Million) Size (2020-2035)- By Geographical Analysis
4.1. North America
4.1.1. US
4.1.2. Canada
4.1.3. Mexico
4.2. Europe
4.2.1. Germany
4.2.2. France
4.2.3. UK
4.2.4. Italy
4.2.5. Spain
4.2.6. Netherlands
4.2.7. Poland
4.2.8. Belgium
4.2.9. Denmark
4.2.10. Rest of Europe
4.3. APAC
4.3.1. China
4.3.2. India
4.3.3. Japan
4.3.4. Taiwan
4.3.5. Vietnam
4.3.6. Philippines
4.3.7. Singapore
4.3.8. Australia
4.3.9. South Korea
4.3.10. Rest of APAC
4.4. South America
4.4.1. Brazil
4.4.2. Argentina
4.4.3. Peru
4.4.4. Colombia
4.4.5. Chile
4.4.6. Rest of South America
4.5. Middle East
4.5.1. Kuwait
4.5.2. Saudi Arabia
4.5.3. Oman
4.5.4. Qatar
4.5.5. UAE
4.5.6. Egypt
4.5.7. Rest of Middle East
4.6. Africa
4.6.1. South Africa
4.6.2. Chad
4.6.3. Mali
4.6.4. Sudan
4.6.5. Algeria
4.6.6. Rest of Africa

5. Global Absorbed Glass Mat Battery Market Revenue (USD Million) Size (2020-2035)- By Type
5.1. Automobile Battery
5.2. Inverter Battery
5.3. Solar Energy Battery
5.4. Alternate Battery

6. Global Absorbed Glass Mat Battery Market Revenue (USD Million) Size (2020-2035)- By Application
6.1. Telecommunications Industry
6.2. Electricity Industry
6.3. UPS
6.4. Other

7. Global Absorbed Glass Mat Battery Market Revenue (USD Million) Size (2020-2035)- By Distribution Channels
7.1. OEMs (Original Equipment’s Manufacturers)
7.2. Aftermarket

8. Global Absorbed Glass Mat Battery Market Revenue (USD Million) Size (2020-2035)- By Output Capacity
8.1. 6V
8.2. 8V
8.3. 12V

9. Company Profile Analysis
9.1. Robert Bosch (Germany)
9.1.1. Vendors Overview
9.1.2. Business Portfolio
9.1.3. Geographical Portfolio
9.1.4. Customers
9.1.5. Financial Analysis
9.1.6. Recent Developments
9.2. Duracell (United States)
9.3. Exide (India)
9.4. Trojan Batteries (United States)
9.5. AMARON QUANTA (India)
9.6. ODYSSEY batteries (United States)
9.7. Adventure Power (United States)
9.8. MK Battery (United States)
9.9. Tudor India Limited (India)
9.10. Centennial AGM (United States)
9.11. Others

10. Sources Covered
10.1. Primary Sources
10.2. Secondary Sources

  • Type (Automobile Battery, Inverter Battery, Solar Energy Battery, Alternate Battery)
  • Application (Telecommunications industry, Electricity Industry, UPS, Other)
  • Distribution Channels (OEMs (Original Equipment’s Manufacturers), Aftermarket)
  • Output Capacity (6V, 8V, 12V)
  • Regions (North America, Europe, Asia-Pacific, South America, Middle East & Africa)

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