Product Code: ETC13399275 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Absorbent Glass Mat Battery Market was valued at USD 4.2 Billion in 2024 and is expected to reach USD 6.8 Billion by 2031, growing at a compound annual growth rate of 14.80% during the forecast period (2025-2031).
The Global Absorbent Glass Mat (AGM) Battery Market is witnessing significant growth due to the increasing demand for reliable and efficient power sources in various applications such as automotive, UPS systems, and renewable energy storage. AGM batteries offer advantages such as maintenance-free operation, high energy density, and longer service life compared to traditional lead-acid batteries. The automotive sector, in particular, is a key driver of market growth, as AGM batteries are widely used in start-stop systems and hybrid vehicles. The market is also benefitting from the rising adoption of electric vehicles and the need for energy storage solutions in off-grid and backup power applications. Key players in the global AGM battery market include Johnson Controls, EnerSys, East Penn Manufacturing, and Exide Technologies. Continuous technological advancements and innovations are expected to further drive market expansion in the coming years.
The Global Absorbent Glass Mat (AGM) Battery Market is witnessing significant growth due to the increasing demand for reliable and efficient energy storage solutions in various industries such as automotive, telecommunications, and renewable energy. The rise in electric vehicles, hybrid vehicles, and the growing emphasis on clean energy sources are driving the adoption of AGM batteries. Additionally, advancements in technology leading to improved battery performance, longer lifespan, and enhanced safety features are further fueling market growth. Opportunities in the market include the development of AGM batteries with higher energy density, expansion into emerging markets, and strategic collaborations with key players to enhance product offerings. Overall, the Global AGM Battery Market is poised for continued expansion and innovation in the coming years.
In the Global Absorbent Glass Mat (AGM) Battery Market, some of the key challenges faced include increasing competition from other advanced battery technologies such as lithium-ion batteries, which offer higher energy density and longer lifespan. Additionally, the high initial cost of AGM batteries compared to traditional lead-acid batteries can deter potential customers from adopting this technology. Supply chain disruptions and fluctuations in raw material prices also pose challenges for manufacturers in maintaining cost-effective production. Furthermore, the limited recycling infrastructure for AGM batteries raises concerns about environmental sustainability and end-of-life disposal. Overall, market players in the AGM battery industry need to address these challenges through innovation in technology, cost reduction strategies, and sustainable practices to remain competitive in the evolving energy storage market.
The Global Absorbent Glass Mat (AGM) Battery Market is primarily driven by the increasing demand for reliable and maintenance-free power sources in various industries such as automotive, telecommunications, and energy storage. AGM batteries offer advantages such as high power density, longer lifespan, and resistance to vibration, making them ideal for a wide range of applications. The growing adoption of electric vehicles, the need for uninterrupted power supply in telecommunications infrastructure, and the rising focus on renewable energy storage solutions are also key factors fueling the market growth. Additionally, advancements in battery technology, government initiatives promoting clean energy solutions, and the expanding use of AGM batteries in UPS systems are further contributing to the market expansion.
Government policies related to the Global Absorbent Glass Mat (AGM) Battery Market focus on promoting the adoption of eco-friendly energy storage solutions and reducing carbon emissions. Many countries have implemented incentives and subsidies to encourage the use of AGM batteries in various applications, such as automotive, renewable energy, and industrial sectors. Additionally, regulations aimed at phasing out traditional lead-acid batteries in favor of more efficient and sustainable AGM batteries are being introduced to meet environmental goals. Governments are also supporting research and development initiatives to enhance the performance and cost-effectiveness of AGM batteries, as well as investing in infrastructure to facilitate the recycling and disposal of these batteries in an environmentally responsible manner.
The Global Absorbent Glass Mat (AGM) Battery Market is expected to witness significant growth in the coming years due to the increasing demand for reliable power sources in automotive, industrial, and renewable energy sectors. With the rising adoption of electric vehicles and the growing focus on sustainable energy solutions, the AGM battery market is poised for expansion. Factors such as improved performance, longer lifespan, and maintenance-free operation are driving the market growth. Additionally, advancements in technology leading to enhanced energy storage capacity and efficiency are further fueling the market`s growth prospects. As the need for efficient energy storage solutions continues to rise, the AGM battery market is anticipated to experience steady growth globally in the foreseeable future.
In the Global Absorbent Glass Mat (AGM) Battery Market, Asia Pacific is expected to witness significant growth due to the increasing adoption of AGM batteries in automotive and industrial applications. North America is also a key market, driven by the growing demand for AGM batteries in the telecommunications and renewable energy sectors. In Europe, the market is projected to expand steadily, supported by the stringent regulations promoting the use of eco-friendly energy storage solutions. The Middle East and Africa region is likely to experience moderate growth, with the rising investments in infrastructure development driving the demand for AGM batteries. Latin America is anticipated to show promising growth opportunities, fueled by the expanding automotive industry and the increasing focus on renewable energy sources in the region.
Global Absorbent Glass Mat (AGM) Battery Market |
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 Global Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Global Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Global Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Global Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Global Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Absorbent Glass Mat (AGM) Battery Market Trends |
6 Global Absorbent Glass Mat (AGM) Battery Market, 2021 - 2031 |
6.1 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Stationary, 2021 - 2031 |
6.1.3 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Motive, 2021 - 2031 |
6.2 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By 2“4 Volts, 2021 - 2031 |
6.2.3 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By 6“8 Volts, 2021 - 2031 |
6.2.4 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By 12 Volts & above, 2021 - 2031 |
6.3 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By OEM, 2021 - 2031 |
6.3.3 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Aftermarket, 2021 - 2031 |
6.3.4 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.5 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.3.6 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By UPS, 2021 - 2031 |
6.3.7 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.3.8 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Energy Storage, 2021 - 2031 |
6.3.9 Global Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Others , 2021 - 2031 |
7 North America Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
7.1 North America Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
7.2 North America Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.5 North America Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
8.1 Latin America (LATAM) Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
8.5 Latin America (LATAM) Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
9.1 Asia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
9.5 Asia Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
10.1 Africa Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
10.5 Africa Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
11.1 Europe Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
11.5 Europe Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
12.1 Middle East Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
12.5 Middle East Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
14 Global Absorbent Glass Mat (AGM) Battery Market - Export/Import By Countries Assessment |
15 Global Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
15.1 Global Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
15.4 Global Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
16.1 Global Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
16.2 Global Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |