Product Code: ETC4466907 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The AGM battery market in Malaysia is witnessing growth, especially in the automotive and backup power sectors. AGM batteries are known for their reliability and maintenance-free operation. As the demand for reliable backup power solutions and modern vehicles equipped with advanced start-stop systems continues to rise, the AGM battery market is expected to expand.
The AGM Battery market in Malaysia is being driven by a variety of factors, including the demand for reliable and maintenance-free battery solutions. AGM batteries are known for their durability, resistance to vibration, and leak-proof design, making them ideal for a wide range of applications, including automotive, UPS systems, and renewable energy installations. Additionally, the growing automotive sector, coupled with the need for backup power in industries, has led to increased adoption of AGM batteries. Furthermore, the government`s push for cleaner and more efficient technologies is favoring the growth of this market.
The AGM battery market in Malaysia offers a reliable and maintenance-free energy storage solution for various applications. However, it encounters specific challenges. One significant issue is the need for proper recycling and disposal protocols for AGM batteries, as they contain lead acid and other potentially hazardous materials. This requires robust regulatory frameworks and infrastructure for safe handling and recycling. Moreover, while AGM batteries have a longer cycle life compared to traditional flooded lead acid batteries, they can still face performance degradation over time. This necessitates ongoing monitoring and maintenance, which may require specialized knowledge and equipment. Additionally, the availability of high-quality AGM batteries from reputable manufacturers can be a concern, as the market may be susceptible to substandard or counterfeit products.
The AGM battery market in Malaysia, like many other industries, felt the impact of the COVID-19 pandemic. The disruptions in the global supply chain and economic uncertainties led to a dip in demand for AGM batteries, particularly in the automotive and renewable energy sectors. However, as the country adapted to the new normal, the market showed signs of recovery, with increasing investments in green technology and electric vehicles.
The AGM battery market in Malaysia has experienced steady growth, primarily due to the automotive and industrial sectors` reliance on reliable and maintenance-free battery solutions. Notable players in this market include companies like Johnson Controls, Exide Technologies, and EnerSys. These companies have demonstrated their expertise in producing high-quality AGM batteries, meeting the stringent requirements of various industries. Their contributions have played a crucial role in shaping the AGM battery market in Malaysia and supporting the country`s automotive and industrial sectors.
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 Malaysia Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Malaysia Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Malaysia Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power sources in automotive and industrial applications |
4.2.2 Growing awareness about the benefits of AGM batteries in terms of maintenance-free operation and longer lifespan |
4.2.3 Government initiatives promoting the adoption of clean energy solutions |
4.3 Market Restraints |
4.3.1 High initial cost compared to traditional flooded lead-acid batteries |
4.3.2 Limited recycling infrastructure for AGM batteries leading to environmental concerns |
5 Malaysia Absorbent Glass Mat (AGM) Battery Market Trends |
6 Malaysia Absorbent Glass Mat (AGM) Battery Market, By Types |
6.1 Malaysia Absorbent Glass Mat (AGM) Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Stationary, 2021-2031F |
6.1.4 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motive, 2021-2031F |
6.2 Malaysia Absorbent Glass Mat (AGM) Battery Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 2??4 Volts, 2021-2031F |
6.2.3 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 6??8 Volts, 2021-2031F |
6.2.4 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 12 Volts & above, 2021-2031F |
6.3 Malaysia Absorbent Glass Mat (AGM) Battery Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.3.4 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Application, 2021-2031F |
6.3.5 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By UPS, 2021-2031F |
6.3.7 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.8 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others , 2021-2031F |
6.3.9 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others , 2021-2031F |
7 Malaysia Absorbent Glass Mat (AGM) Battery Market Import-Export Trade Statistics |
7.1 Malaysia Absorbent Glass Mat (AGM) Battery Market Export to Major Countries |
7.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Imports from Major Countries |
8 Malaysia Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
8.1 Average lifespan of AGM batteries in the market |
8.2 Adoption rate of AGM batteries in automotive and industrial sectors |
8.3 Percentage of government projects utilizing AGM batteries for energy storage |
9 Malaysia Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
9.1 Malaysia Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Malaysia Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Malaysia Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
10.1 Malaysia Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |