Automotive Absorbent Glass Mat (AGM) Battery Market Share, Application Analysis, Regional Outlook, Competitive Strategies and Forecast by 2030

Data Bridge Market Research analyses that the Automotive Absorbent Glass Mat (AGM) Battery Market was valued at USD 14859.37 million in 2022 and is expected to reach the value of USD 23152.64 million by 2030, at a CAGR of 5.70% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Automotive absorbent glass mat (AGM) batteries are the preferred solution for start-stop vehicle technology, rapidly gaining popularity in the U.S. and Europe vehicles market. Start-stop vehicle technology automatically closes the engine when your vehicle stops and restarts it quietly and quickly when the brake pedal is released and the clutch is engaged. Moreover, automotive absorbent glass mat (AGM) battery is becoming the best choice in automotive sector due to superior charge acceptance, cycling capability and the ability to operate at a low state of charge.

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Leading Key Players Operating in the Automotive Absorbent Glass Mat (AGM) Battery Market Includes:

Banner (Austria), DYNAVOLT Power (China), Tianneng rechargeable battery manufacturers (China), leoch International Technology Limited Inc, (China) Manbat Ltd T/A SYBS (U.S.), ENERSYS. (U.S.), Chaowei Power Holdings Ltd (China), KOYO BATTERY CO., LTD (China), Robert Bosch GmbH (Germany), GS Yuasa International Ltd (Japan)., EXIDE INDUSTRIES LTD (India), Battery Tender (U.S.), Camel Group Co., Ltd (China), Reem Batteries & Power Appliances Co. SAOC (Dubai), Saft (France), C&D TECHNOLOGIES, INC. (U.S.)

Recent Development

In December 2021-Clarios which is a producer ofcar batteries will showcase smart enry storage technology named smart AGM technology. This will monitor real time performance and provide continuous low voltage to increase vehicle performance.
In October 2021, The world largest single side lead acid battery manufacturing company East penn announced the deka HRC battery. This is a new and advanced technology line .

Key Market Segments:

Voltage

2-4 V
6-8 V
12 V
Above
Type

Stationary
Motive
Application

Passenger Vehicle
Motorcycle
Others
End User

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Automotive Absorbent Glass Mat (AGM) Battery Market Regional Analysis/Insights

The countries covered in the Automotive Absorbent Glass Mat (AGM) Battery market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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