| Product Code: ETC5624176 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cyprus absorbent glass mat (AGM) battery import market saw significant growth in 2024, with top exporting countries including China, Greece, Italy, Germany, and the Netherlands. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration, suggesting a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 14.08%, with a notable growth rate of 31.05% from 2023 to 2024. These trends indicate a strong demand for AGM batteries in Cyprus and a competitive environment among exporting countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Cyprus Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and long-lasting energy storage solutions |
4.2.2 Growing adoption of electric vehicles and renewable energy sources |
4.2.3 Technological advancements leading to improved AGM battery performance |
4.3 Market Restraints |
4.3.1 High initial cost of AGM batteries compared to traditional lead-acid batteries |
4.3.2 Limited recycling infrastructure for AGM batteries leading to environmental concerns |
4.3.3 Competition from other advanced battery technologies such as lithium-ion batteries |
5 Cyprus Absorbent Glass Mat (AGM) Battery Market Trends |
6 Cyprus Absorbent Glass Mat (AGM) Battery Market Segmentations |
6.1 Cyprus Absorbent Glass Mat (AGM) Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Stationary, 2021-2031F |
6.1.3 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motive, 2021-2031F |
6.2 Cyprus Absorbent Glass Mat (AGM) Battery Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 2? ??4 Volts, 2021-2031F |
6.2.3 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 6? ??8 Volts, 2021-2031F |
6.2.4 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 12 Volts & above, 2021-2031F |
6.3 Cyprus Absorbent Glass Mat (AGM) Battery Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.3.4 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Application, 2021-2031F |
6.3.5 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By UPS, 2021-2031F |
6.3.7 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.8 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others , 2021-2031F |
6.3.9 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others , 2021-2031F |
7 Cyprus Absorbent Glass Mat (AGM) Battery Market Import-Export Trade Statistics |
7.1 Cyprus Absorbent Glass Mat (AGM) Battery Market Export to Major Countries |
7.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Imports from Major Countries |
8 Cyprus Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
8.1 Average cycle life of AGM batteries |
8.2 Efficiency of AGM batteries in energy storage applications |
8.3 Adoption rate of AGM batteries in key industries such as automotive and telecommunications |
9 Cyprus Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
9.1 Cyprus Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Cyprus Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
10.1 Cyprus Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |