| Product Code: ETC6888449 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus continues to see a steady rise in automotive Absorbent Glass Mat (AGM) battery import shipments, with key exporting countries being China, Greece, Italy, Germany, and Netherlands. The market concentration, as measured by the HHI, remained at a moderate level in 2024, indicating a healthy level of competition. The impressive compound annual growth rate (CAGR) of 14.08% from 2020 to 2024 highlights the increasing demand for AGM batteries in the automotive sector. Furthermore, the notable growth rate of 31.05% from 2023 to 2024 suggests a heightened interest in AGM batteries among consumers in Cyprus.

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 Automotive Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance and long-lasting batteries in automotive applications |
4.2.2 Growing adoption of AGM batteries due to their maintenance-free and eco-friendly nature |
4.2.3 Rise in sales of electric vehicles leading to higher demand for AGM batteries |
4.3 Market Restraints |
4.3.1 High initial cost compared to traditional lead-acid batteries |
4.3.2 Limited recycling infrastructure for AGM batteries leading to environmental concerns |
5 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Trends |
6 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market, By Types |
6.1 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Voltage, 2021- 2031F |
6.1.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 24 V, 2021- 2031F |
6.1.4 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 68 V, 2021- 2031F |
6.1.5 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 12 V, 2021- 2031F |
6.1.6 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Above, 2021- 2031F |
6.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Stationary, 2021- 2031F |
6.2.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motive, 2021- 2031F |
6.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.3.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motorcycle, 2021- 2031F |
6.3.4 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021- 2031F |
6.4.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Import-Export Trade Statistics |
7.1 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Export to Major Countries |
7.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Imports from Major Countries |
8 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
8.1 Average lifespan of AGM batteries in automotive applications |
8.2 Percentage of vehicles equipped with AGM batteries in Cyprus |
8.3 Number of charging stations for electric vehicles in Cyprus |
9 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
9.1 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
10.1 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Automotive Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |