Product Code: ETC13212851 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Absorbent Glass Mat Battery Market was valued at USD 14.5 Billion in 2024 and is expected to reach USD 21.3 Billion by 2031, growing at a compound annual growth rate of 6.00% during the forecast period (2025-2031).
The Global Automotive Absorbent Glass Mat (AGM) Battery Market is witnessing significant growth due to the increasing demand for advanced energy storage solutions in vehicles. AGM batteries offer superior performance, reliability, and efficiency compared to traditional lead-acid batteries, making them ideal for use in modern automobiles. Factors such as rising focus on fuel efficiency, growing adoption of electric vehicles, and technological advancements in battery technology are driving the market expansion. Additionally, stringent environmental regulations and the need for sustainable energy solutions are further propelling the demand for AGM batteries in the automotive sector. Key players in the market are investing in research and development to enhance product offerings and cater to the evolving needs of consumers, contributing to the overall growth of the Global Automotive AGM Battery Market.
The Global Automotive Absorbent Glass Mat (AGM) Battery Market is experiencing significant growth due to the increasing demand for reliable power sources in modern vehicles. The trend towards electrification and the growing adoption of Start-Stop technology in automotive applications are driving the market expansion. AGM batteries offer superior performance, longer lifespan, and enhanced safety features compared to traditional lead-acid batteries, making them an attractive option for automakers and consumers alike. Additionally, the rising focus on reducing carbon emissions and improving fuel efficiency is creating opportunities for AGM batteries in hybrid and electric vehicles. With advancements in technology and manufacturing processes, the market is poised for continued growth, presenting opportunities for battery manufacturers to innovate and expand their product offerings to meet the evolving needs of the automotive industry.
In the Global Automotive Absorbent Glass Mat (AGM) Battery Market, some of the key challenges faced include intense competition among battery manufacturers, fluctuating raw material prices, and the high initial cost of AGM batteries compared to traditional lead-acid batteries. Additionally, the limited awareness and understanding of AGM battery technology among consumers pose a challenge in terms of market adoption. Furthermore, the need for specialized charging equipment and maintenance requirements for AGM batteries can also hinder widespread acceptance in the automotive industry. Overcoming these challenges will require manufacturers to focus on improving production efficiency, reducing costs, educating consumers about the benefits of AGM batteries, and developing innovative technologies to enhance the performance and longevity of AGM batteries in vehicles.
The Global Automotive Absorbent Glass Mat (AGM) Battery Market is primarily driven by the increasing demand for high-performance batteries in vehicles due to their superior features such as longer lifespan, enhanced power delivery, and maintenance-free operation. The growing adoption of start-stop technology in vehicles to improve fuel efficiency and reduce emissions is also a key factor propelling the market growth. Additionally, the rising production of electric vehicles and hybrid vehicles that require advanced battery technologies like AGM batteries for better performance and reliability is contributing to the market expansion. Furthermore, the increasing focus on sustainable transportation solutions and the stringent regulations regarding vehicle emissions are driving the demand for AGM batteries in the automotive sector.
Government policies related to the Global Automotive Absorbent Glass Mat (AGM) Battery Market primarily focus on promoting the adoption of clean energy technologies and reducing carbon emissions. Many governments have implemented regulations and incentives to encourage the use of AGM batteries in electric vehicles (EVs) due to their environmental benefits and performance advantages. These policies include financial incentives, tax credits, and subsidies for consumers purchasing EVs with AGM batteries, as well as setting emission standards that push automakers to develop more energy-efficient vehicles. Additionally, some countries have introduced initiatives to invest in research and development for AGM battery technology to improve their efficiency and affordability, further driving the growth of the market.
The Global Automotive Absorbent Glass Mat (AGM) Battery Market is expected to witness significant growth in the coming years due to the increasing demand for advanced energy storage solutions in the automotive industry. AGM batteries offer several advantages such as enhanced performance, maintenance-free operation, and longer service life, making them a preferred choice for modern vehicles. The rising adoption of electric vehicles and hybrid vehicles, along with the growing focus on reducing carbon emissions, will further drive the market growth. Additionally, advancements in technology leading to improved energy density and faster charging capabilities are expected to propel the market forward. As automotive manufacturers continue to prioritize sustainability and efficiency, the demand for AGM batteries is likely to surge, creating lucrative opportunities for market players in the foreseeable future.
In the global Automotive Absorbent Glass Mat (AGM) Battery Market, Asia Pacific is anticipated to lead in terms of market share due to the growing automotive industry in countries like China, India, and Japan. North America is expected to witness significant growth driven by the increasing demand for electric vehicles and hybrid vehicles in the region. Europe is projected to exhibit steady growth attributed to stringent regulations for reducing carbon emissions and the adoption of sustainable transportation solutions. The Middle East and Africa region is likely to experience moderate growth due to the expanding automotive sector in countries like the UAE and South Africa. Latin America is expected to show promising growth opportunities with the rising adoption of AGM batteries in the automotive industry across countries like Brazil and Mexico.
Global Automotive 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 Automotive Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Global Automotive Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Automotive Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Absorbent Glass Mat (AGM) Battery Market Trends |
6 Global Automotive Absorbent Glass Mat (AGM) Battery Market, 2021 - 2031 |
6.1 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By 2“4 V, 2021 - 2031 |
6.1.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By 6“8 V, 2021 - 2031 |
6.1.4 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By 12 V, 2021 - 2031 |
6.1.5 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Above, 2021 - 2031 |
6.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Stationary, 2021 - 2031 |
6.2.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Motive, 2021 - 2031 |
6.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Passenger Vehicle, 2021 - 2031 |
6.3.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Motorcycle, 2021 - 2031 |
6.3.4 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021 - 2031 |
6.4.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Aftermarket, 2021 - 2031 |
7 North America Automotive Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
7.1 North America Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.4 North America Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 North America Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
9.1 Asia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
9.4 Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
9.5 Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
10.1 Africa Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
10.4 Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
10.5 Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
11.1 Europe Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
11.4 Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
11.5 Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market, Overview & Analysis |
12.1 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Voltage, 2021 - 2031 |
12.4 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
12.5 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Automotive Absorbent Glass Mat (AGM) Battery Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Automotive Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
14 Global Automotive Absorbent Glass Mat (AGM) Battery Market - Export/Import By Countries Assessment |
15 Global Automotive Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
15.1 Global Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
15.3 Global Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
15.4 Global Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Automotive Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
16.1 Global Automotive Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |