Global Automotive Absorbent Glass Mat (AGM) Battery Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Mar 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Automotive Absorbent Glass Mat (AGM) Battery Market, By Voltage (2–4 V, 6–8 V, 12 V and Above), Type (Stationary, Motive), Application (Passenger Vehicle, Motorcycle, Others), End User (Original Equipment Manufacturers (OEMs), Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Automotive Absorbent Glass Mat (AGM) Battery Market Market Analysis and Insights : Global Automotive Absorbent Glass Mat (AGM) Battery Market

Automotive absorbent glass mat (AGM) battery market is expected to reach USD 14,058.07 million by 2028 witnessing market growth at a rate of 5.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive absorbent glass mat (AGM) battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. 

The absorbent glass mat (AGM) battery uses saturated absorbent glass mats between the plates in place of gelled or liquid electrolytes. The internal resistance of AGM batteries is very low and can produce high currents on demand. Rising renewable energy investment is boosting demand for these batteries during the forecast period.

Increasing demand for AGM batteries for a wide range of high-current applications, rising usages of the AGM batteries due to their easy recyclability, surging levels of investment in renewable energy project along with inherent advantages offered by the AGM batteries, implementation of strict regulations related to carbon emission and start-stop functions in cars manufactured in the automobile industry are some of the major as well as vital factors which will likely to augment the growth of the automotive absorbent glass mat (AGM) battery market in the projected timeframe of 2021-2028. On the other hand, the growing adoption of high-performance engine starter batteries in vehicles, increase in renewable energy generation target along with large storage requirements in data centers which will further contribute by generating massive opportunities that will lead to the growth of the automotive absorbent glass mat (AGM) battery market in the above mentioned projected timeframe. 

Increasing issues related to security along with inclination toward other effective alternatives in the energy storage space which will likely to act as market restraints factor for the growth of the automotive absorbent glass mat (AGM) battery in the above mentioned projected timeframe. Growth of electric vehicles along with lower specific energy than other batteries which will become the biggest and foremost challenge for the growth of the market.

This automotive absorbent glass mat (AGM) battery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive absorbent glass mat (AGM) battery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Automotive Absorbent Glass Mat (AGM) Battery Market Scope and Market Size

Automotive absorbent glass mat (AGM) battery market is segmented on the basis of voltage, type, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Automotive absorbent glass mat (AGM) battery market on the basis of voltage has been segmented as 2–4 V, 6–8 V, and 12 V and above.
  • Based on type, the automotive absorbent glass mat (AGM) battery market has been segmented into stationary, and motive.
  • On the basis of application, the automotive absorbent glass mat (AGM) battery market has been segmented into passenger vehicle, motorcycle, and others.
  • Automotive absorbent glass mat (AGM) battery has also been segmented on the basis of end user into original equipment manufacturers (OEMs), and aftermarket.  

Automotive Absorbent Glass Mat (AGM) Battery Market Country Level Analysis

Automotive absorbent glass mat (AGM) battery market is analysed and market size, volume information is provided by country, voltage, type, application and end user as referenced above.

The countries covered in the automotive absorbent glass mat (AGM) battery market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Europe will dominate the automotive absorbent glass mat (AGM) battery market due to the high degree of environmental awareness along with imposition of strict government norms in the region while China will expect to grow in the Asia-Pacific automotive absorbent glass mat (AGM) battery market during the forecast period of 2021-2028 due to the expansion of manufacturing facilities of batteries, rapid industrialization and growing demand for advanced technology products in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Automotive Absorbent Glass Mat (AGM) Battery Market Share Analysis

Automotive absorbent glass mat (AGM) battery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive absorbent glass mat (AGM) battery market.

The major players covered in the automotive absorbent glass mat (AGM) battery market report are Exide Technologies.; Clarios.; Power Sonic Corporation; EnerSys.; East Penn Manufacturing Company; C&D TECHNOLOGIES, INC.; Panasonic Industry Europe GmbH; Storage Battery Systems, LLC; Fullriver Battery; Universal Power Group; Robert Bosch (France) SAS; CROWN BATTERY; GS Yuasa Battery Sales UK Ltd.; Cellpower Batteries; FIAMM Energy Technology S.p.A.; B.B. Battery.; Concorde Battery Corporation; leoch International Technology Limited Inc; Victron Energy B.V.; Rolls Battery.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Automotive Absorbent Glass Mat (AGM) Battery Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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