South Korea AGM Batteries for Cars Market to 2032
Overview
The South Korea AGM Batteries for Cars Market is expected to reach a 606.46 USD Billion by 2032 and is projected to grow at a CAGR of 7.27% from 2025 to 2032.
Revenue, 2024 (USD Billion)
405.22
Forecast, 2032 (USD Billion)
606.46
CAGR, 2024 - 2032
7.27%
Report Coverage
South Korea
South Korea AGM Batteries for Cars Market 2018-2032 USD Billion
South Korea AGM Batteries for Cars Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 405.22 USD Billion
- Projected Market Size (2032): 606.46 USD Billion
- CAGR (2025-2032): 7.27%
Key Findings of South Korea AGM Batteries for Cars Market
- The South Korea AGM Batteries for Cars Market was valued at 405.22 USD Billion in 2024.
- The South Korea AGM Batteries for Cars Market is likely to grow at a CAGR of 7.27% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment OEM in Sales Channel Segment accounted for the largest share of the market with a revenue of 302.25 USD Billion
- The fastest growing segment Electric Vehicles in Engine Segment grew Fastest with a CAGR of 8.61% during the forecast period from 2024 to 2032.
South Korea AGM Batteries for Cars Market Scope
South Korea AGM Batteries for Cars Market Segmentation & Scope
Vehicle
- Passenger Cars
- Electric Cars
Sales Channel
- Aftermarket
- OEM
Engine
- IC Engines
- Electric Vehicles
Voltage
- Less Than 10 Volts
- 10 Volts To 12 Volts
- Above 12 Volts
Type
- Motive
- Stationary
South Korea AGM Batteries for Cars Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 405.22 USD Billion |
| Market Value in 2032 | 606.46 USD Billion |
| CAGR (2025-2032) | 7.27% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle,Sales Channel,Engine,Voltage,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 405.22 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 405.22 USD Billion in 2024.
Segments and Scope
-
South Korea AGM Batteries for Cars Market to 2032, By Vehicle
- Electric Cars is the largest segment in South Korea AGM Batteries for Cars Market to 2032 with a revenue of 263.66 USD Billion in the year 2024.
- Electric Cars is the Fastest growing segment in South Korea AGM Batteries for Cars Market to 2032 with a Growth rate of 7.44 % in forecast period 2025-2032.
-
South Korea AGM Batteries for Cars Market to 2032, By Sales Channel
- OEM is the largest segment in South Korea AGM Batteries for Cars Market to 2032 with a revenue of 302.25 USD Billion in the year 2024.
- OEM is the Fastest growing segment in South Korea AGM Batteries for Cars Market to 2032 with a Growth rate of 7.66 % in forecast period 2025-2032.
-
South Korea AGM Batteries for Cars Market to 2032, By Engine
- Electric Vehicles is the largest segment in South Korea AGM Batteries for Cars Market to 2032 with a revenue of 275.62 USD Billion in the year 2024.
- Electric Vehicles is the Fastest growing segment in South Korea AGM Batteries for Cars Market to 2032 with a Growth rate of 8.61 % in forecast period 2025-2032.
-
South Korea AGM Batteries for Cars Market to 2032, By Voltage
- Above 12 Volts is the largest segment in South Korea AGM Batteries for Cars Market to 2032 with a revenue of 273.61 USD Billion in the year 2024.
- Above 12 Volts is the Fastest growing segment in South Korea AGM Batteries for Cars Market to 2032 with a Growth rate of 7.49 % in forecast period 2025-2032.
-
South Korea AGM Batteries for Cars Market to 2032, By Type
- Stationary is the largest segment in South Korea AGM Batteries for Cars Market to 2032 with a revenue of 289.86 USD Billion in the year 2024.
- Stationary is the Fastest growing segment in South Korea AGM Batteries for Cars Market to 2032 with a Growth rate of 8.13 % in forecast period 2025-2032.
South Korea AGM Batteries for Cars Market Company Share Analysis
| Company Name |
|
||
| East Penn Manufacturing Company | |||
| ENERSYS. | |||
| Clarios. | |||
| leoch International Technology Limited Inc | |||
| Jiangxi Jingjiu Power Science & Technology Co. Ltd | |||
South Korea AGM Batteries for Cars Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea AGM Batteries for Cars Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea AGM Batteries for Cars Market is segmented based on Segmentation Vehicle,Sales Channel,Engine,Voltage,Type.
South Korea AGM Batteries for Cars Market was valued at USD 405.22(Revenue in USD Billion) in 2021.
South Korea AGM Batteries for Cars Market is projected to grow at a CAGR of 7.27% during the forecast period of 2024 to 2032.
The OEM segment is expected to dominate the South Korea AGM Batteries for Cars Market, holding a largest market share of 302.25 USD Billion in 2024
South Korea AGM Batteries for Cars Market Scope
South Korea AGM Batteries for Cars Market Segmentation & Scope
Vehicle
- Passenger Cars
- Electric Cars
Sales Channel
- Aftermarket
- OEM
Engine
- IC Engines
- Electric Vehicles
Voltage
- Less Than 10 Volts
- 10 Volts To 12 Volts
- Above 12 Volts
Type
- Motive
- Stationary
Frequently Asked Questions
The South Korea AGM Batteries for Cars Market is segmented based on Segmentation Vehicle,Sales Channel,Engine,Voltage,Type.
South Korea AGM Batteries for Cars Market was valued at USD 405.22(Revenue in USD Billion) in 2021.
South Korea AGM Batteries for Cars Market is projected to grow at a CAGR of 7.27% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea AGM Batteries for Cars Market for final year is USD 606.46 (USD Billion).
South Korea AGM Batteries for Cars Market Company Profiling
Frequently Asked Questions
The South Korea AGM Batteries for Cars Market is segmented based on Segmentation Vehicle,Sales Channel,Engine,Voltage,Type.
South Korea AGM Batteries for Cars Market was valued at USD 405.22(Revenue in USD Billion) in 2021.
South Korea AGM Batteries for Cars Market is projected to grow at a CAGR of 7.27% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea AGM Batteries for Cars Market for final year is USD 606.46 (USD Billion).
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