Press release
Expanding Infrastructure Of Datacenters Fuels Growth In The Absorbent Glass Mat (AGM) Battery Market: A Key Factor Shaping the Future of the Absorbent Glass Mat (AGM) Battery Market in 2025
Absorbent Glass Mat (AGM) Battery Market Size
In recent times, the market size of the Absorbent Glass Mat (AGM) battery has demonstrated consistent growth. The market projection shows a rise from $13.83 billion in 2024 to $14.48 billion in 2025, at a 4.7% compound annual growth rate (CAGR). This upward trend in the historical period is due to a variety of factors, such as a rise in the need for portable power, an increase in automotive applications, development of renewable energy storage, a surge in telecommunications infrastructure, environmental regulations, and recycling of lead-acid batteries.
The market for absorbent glass mat (AGM) batteries is projected to experience consistent expansion in the coming years. The market is expected to reach a value of $17.19 billion by 2029, with a compound annual growth rate (CAGR) of 4.4%. The anticipated growth for this timeline can be associated with the increasing development of electric vehicles, industrial mechanization and robotics, along with data centers and cloud computing. The expansion of renewable energy storage, global economic upturn, and cosmopolitanism also contribute to this growth. The major trends expected through this time period encompass a surge in renewable energy integration, a rise in home energy storage solutions, heightened demand in industrial uses, growth in the military and aerospace sector, along with smart grid and energy management systems.
What Are the Main Catalysts for Growth in the Absorbent Glass Mat (AGM) Battery Market?
The absorbent glass mat (AGM) battery market's progress is anticipated to be accelerated by the growing infrastructure of data centers. Data centers are physical locations designated for housing and administrating data, employed for a range of functions such as crafting new offerings and maintaining existing ones. The burgeoning data center infrastructure is propelled by rising data storage, handling, and management demands, driven by the advancement of digital services and cloud computing. AGM batteries, renowned for their dependability, maintenance-free working, and swift high-power delivery, are essential in data centers, particularly for backup and uninterruptible power supplies (UPS). For example, a report by Linklaters LLP, an established UK law firm, indicated that in the initial five months of 2024, global data center investments had touched $22 billion. This followed an impressive $36 billion investment in the sector in 2023. Consequently, the growing data center infrastructure is fostering the advancement of the AGM battery market.
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Which Businesses Are at the Forefront of Absorbent Glass Mat (AGM) Battery Market Development?
Major companies operating in the absorbent glass mat (AGM) battery market are Robert Bosch LLC, Universal Power Group, Camel Group Co. Ltd, Clarios, GS Yuasa International Ltd., Exide Technologies, East Penn Manufacturing Company, leoch International Technology Limited Inc, Hollingsworth and Vose, FIAMM Energy Technology S.p.A, C and D Technologies Inc., Shandong Sacred Sun Power Sources Co.ltd., HOPPECKE Batterien GmbH and Co. KG, CROWN BATTERY, Trojan Battery Company, Power Sonic Corporation, Mutlu Akü, Guangdong Dynavolt Power Technology, Surrette Battery's, Renogy, Battery Tender, Optima Batteries, Fullriver Battery, Vision Group SpA, Banner Batterien
What Are the Latest Innovations in the Absorbent Glass Mat (AGM) Battery Market?
Leading organizations in the absorbent glass mat (AGM) battery market are emphasizing the production of innovative batteries, such as dual AGM batteries, to improve performance, extend durability, and cater to the growing necessity for trustworthy and effective energy storage solutions. Dual AGM batteries are an advanced category of absorbent glass mat (AGM) batteries engineered with dual-function capabilities. For example, GS Yuasa Corporation, a battery producer based out of Japan, launched two new marine dual AGM batteries, the M24-AGM and M28-AGM, in July 2023, expanding their well-liked YBX Active Marine collection. These batteries are fashioned to cater to both the starting and auxiliary power requirements of motorboats, sailboats, yachts and other marine vessels, providing exceptional performance and reliability. This inventive battery solution is custom-designed to suit the needs of the marine surroundings, delivering enhanced performance and dependability to boat owners and enthusiasts.
How Is the Absorbent Glass Mat (AGM) Battery Market Segmented?
The absorbent glass mat (AGM) battery market covered in this report is segmented -
1) By Type: Stationary, Motive
2) By Voltage: 2-4 Volts, 6-8 Volts, 12 Volts And Above
3) By Application: Automotive, UPS (Uninterruptible Power Supply), Industrial, Energy Storage, Other Applications
4) By End User: OEM (Original Equipment Manufacturers), Aftermarket
Subsegments:
1) By Stationary: Backup Power Systems (Uninterruptible Power Supplies - Ups), Renewable Energy Storage (Solar Or Wind Energy Systems), Telecom And Data Center Power Backup, Emergency Lighting Systems, Power Supply For Industrial Equipment, Grid Energy Storage Solutions
2) By Motive: Electric Vehicles (Evs), Golf Carts And Mobility Scooters, Forklifts And Warehouse Equipment, Marine Applications (Boats, Yachts), Recreational Vehicles (Rvs)
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Where Is the Absorbent Glass Mat (AGM) Battery Market Growth Most Prominent?
Asia-Pacific was the largest region in the absorbent glass mat (AGM) battery market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the absorbent glass mat (AGM) battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Absorbent Glass Mat (AGM) Battery Global Market Report?
- Market Size Analysis: Analyze the Absorbent Glass Mat (AGM) Battery Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Absorbent Glass Mat (AGM) Battery Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Absorbent Glass Mat (AGM) Battery Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Absorbent Glass Mat (AGM) Battery Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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