Press release
Absorbent Glass Mat (AGM) Battery Market Report Growth Insights and Key Predictions through 2031 | Leading key players - Clarios, Johnson Controls, East Penn Manufacturing Company.
The Global Absorbent Glass Mat (AGM) Battery Market is projected to grow at a CAGR of 5.8% during the forecast period (2024-2031).The latest Absorbent Glass Mat (AGM) Battery market research report from DataM Intelligence delivers a comprehensive analysis of the global Absorbent Glass Mat (AGM) Battery Market landscape, highlighting emerging trends, market size, competitive dynamics, and key growth drivers. This high-impact report offers strategic insights for investors, marketers, and decision-makers looking to capitalize on current and future market opportunities.
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The Absorbent Glass Mat (AGM) Battery Market refers to the global industry focused on the production, distribution, and application of AGM batteries, which use fiberglass separators to absorb electrolyte. Known for their maintenance-free operation, high performance, and enhanced safety, AGM batteries are widely used in automotive, UPS, renewable energy storage, and industrial applications due to their durability and reliability.
Market Segments
By Vehicle Type: Passenger Cars, Commercial Vehicles.
By End-User: OEM, Aftermarket.
By Application: Start-Stop Systems, Conventional Vehicles, Others.
The Absorbent Glass Mat (AGM) Battery industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
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Prominent players in the Absorbent Glass Mat (AGM) Battery Market
The prominent players in Absorbent Glass Mat (AGM) Battery market research report are: Clarios, Johnson Controls, East Penn Manufacturing Company, Power Sonic Corporation, C&D Technologies, Enersys, Exide Technologies, Concorde Battery Corporation, GS Yuasa and Crown Battery.
These companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry Developments:
On October 17, 2022, Hankook & Company Co., Ltd., the parent company of Hankook Tire & Technology, launched a new subsidiary, Hankook & Company ES Deutschland GmbH, under its Energy Solution (ES) Business Headquarters. Based in Frankfurt, the subsidiary aims to strengthen Hankook's automotive battery business in the growing European market. The company will offer a comprehensive portfolio of energy storage solutions, including AGM (Absorbent Glass Mat), EFB (Enhanced Flooded Battery), and MF (Maintenance Free) batteries, all engineered to meet the stringent standards of the automotive industry.
In April 2022, ENTEK announced strategic investments to expand its global manufacturing capacity of AGM separator materials in both the United States and India. This move is in response to the increasing demand for energy storage solutions across inverters, industrial applications, and electric vehicles (EVs).
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Regions Covered:
The global Absorbent Glass Mat (AGM) Battery Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What are the primary drivers fueling growth in the Absorbent Glass Mat (AGM) Battery Market today?
✒ Which companies are currently leading innovation and market share in the Absorbent Glass Mat (AGM) Battery Market?
✒ In what ways is the current regulatory environment influencing the Absorbent Glass Mat (AGM) Battery Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Absorbent Glass Mat (AGM) Battery Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Absorbent Glass Mat (AGM) Battery Market?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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