Absorbent Glass Mat (AGM) Battery Market Drivers, Opportunities, and Forecasts by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Absorbent Glass Mat (AGM) Battery Market covers analysis by Voltage (2-4 V, 6-8 V, 12 V and above); Application (Energy Storage, Automotive, Industrial, UPS, Others); End User (OEM, Aftermarket) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPRE00008410
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Absorbent Glass Mat (AGM) Battery Market is expected to register a CAGR of 5.6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Voltage (2–4 Volts, 6–8 Volts, 12 Volts & Above), End User (OEM, Aftermarket), Application (Automotive, Energy Storage, Industrial, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Absorbent Glass Mat (AGM) Battery Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Absorbent Glass Mat (AGM) Battery Market Segmentation

Voltage

  • 2–4 Volts
  • 6–8 Volts
  • 12 Volts & Above

End User

  • OEM
  • Aftermarket

Application

  • Automotive
  • Energy Storage
  • Industrial

Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South and Central America

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Absorbent Glass Mat (AGM) Battery Market: Strategic Insights

absorbent-glass-mat-agm-battery-market
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Absorbent Glass Mat (AGM) Battery Market Growth Drivers

  • Rising Demand for Electric Vehicles (EVs): As the adoption of electric vehicles grows, so does the demand for AGM batteries. These batteries offer advantages such as superior deep cycling capabilities, high energy output, and robustness in harsh conditions. AGM technology is especially valuable in hybrid vehicles and electric cars, where efficient energy storage is critical for extended performance and reliability. The expansion of the EV market will therefore continue to drive the growth of the AGM battery segment.
  • Need for Reliable Backup Power: AGM batteries are in high demand in applications where uninterrupted power supply is essential, such as in telecommunications, data centers, and critical infrastructure. Their ability to deliver stable power during power outages and maintain longevity with minimal maintenance has made them the preferred choice in backup power solutions. As the need for constant connectivity and power reliability grows, AGM batteries are becoming indispensable in these industries.

Absorbent Glass Mat (AGM) Battery Market Future Trends

  • Technological Advancements in Battery Efficiency: The AGM battery market is seeing continuous improvements in battery performance, including longer life cycles, faster charging capabilities, and better energy storage efficiency. Innovations in electrolyte compositions, materials, and internal construction are enhancing the efficiency and sustainability of AGM batteries. This trend is particularly relevant for industries requiring higher energy capacity and longer-lasting power sources, such as the automotive and renewable energy sectors.
  • Growth of Renewable Energy Storage Applications: As the world shifts toward renewable energy sources like solar and wind, the need for effective energy storage solutions is rising. AGM batteries are being increasingly used in renewable energy systems for storing excess power generated during peak times. Their durability, efficiency, and low maintenance are making them an ideal choice for residential, commercial, and industrial energy storage applications. This trend is expected to accelerate as governments and organizations prioritize clean energy initiatives.

Absorbent Glass Mat (AGM) Battery Market Opportunities

  • Expanding Automotive Market: As electric and hybrid vehicles become more popular, there is a significant opportunity for AGM batteries to expand in the automotive market. AGM batteries are ideal for use in these vehicles due to their long-lasting power and ability to handle the high demands of modern electric drive systems. Manufacturers are increasingly incorporating AGM technology into vehicle designs, providing a substantial growth opportunity for this segment.
  • Telecommunications and Critical Infrastructure: The telecommunications industry continues to expand rapidly, with the increasing need for reliable backup power in mobile networks, data centers, and telecommunication stations. AGM batteries are well-suited for these applications because they provide a steady, efficient power supply and are maintenance-free. As digital infrastructure grows globally, the demand for AGM batteries in these sectors will likely increase, creating vast market opportunities.

Absorbent Glass Mat (AGM) Battery Market Regional Insights

The regional trends and factors influencing the Absorbent Glass Mat (AGM) Battery Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Absorbent Glass Mat (AGM) Battery Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

absorbent-glass-mat-agm-battery-market-global-geography
  • Get the Regional Specific Data for Absorbent Glass Mat (AGM) Battery Market

Absorbent Glass Mat (AGM) Battery Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5.6%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Voltage
  • 2–4 Volts
  • 6–8 Volts
  • 12 Volts & Above
By End User
  • OEM
  • Aftermarket
By Application
  • Automotive
  • Energy Storage
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Amaron
  • Clarios
  • EnerSys
  • Exide Technologies
  • Varta Automotive
  • RENOGY
  • Power Sonic Corporation
  • Kijo Battery
  • Relicell

  • Absorbent Glass Mat (AGM) Battery Market Players Density: Understanding Its Impact on Business Dynamics

    The Absorbent Glass Mat (AGM) Battery Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Absorbent Glass Mat (AGM) Battery Market are:

    1. Amaron
    2. Clarios
    3. EnerSys
    4. Exide Technologies
    5. Varta Automotive

    Disclaimer: The companies listed above are not ranked in any particular order.


    absorbent-glass-mat-agm-battery-market-cagr

    • Get the Absorbent Glass Mat (AGM) Battery Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Absorbent Glass Mat (AGM) Battery Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Absorbent Glass Mat (AGM) Battery Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    What are the options available for the customization of this report?

    Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility

    What are the deliverable formats of the absorbent glass mat (AGM) battery market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request

    What are the future trends of absorbent glass mat (AGM) battery market?

    Technological advancements in battery efficiency and growth of renewable energy storage applicationsare likely to remain a key trend in the market.

    What are the driving factors impacting global absorbent glass mat (AGM) battery market?

    Rising demand for electric vehicles (EVs) and need for reliable backup power are the major factors driving the absorbent glass mat (AGM) battery market.

    What is the expected CAGR of absorbent glass mat (AGM) battery market?

    Global absorbent glass mat (AGM) battery market is expected to grow at a CAGR of 5.6% during the forecast period 2024 - 2031.

    Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

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    • Market Size Value / Volume - Global, Regional, Country
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    Our Clients
    The List of Companies
    1. CandD TECHNOLOGIES, INC.
    2. B.B. Battery
    3. Clarios
    4. Crown Battery
    5. EnerSys
    6. Exide Technologies
    7. Fullriver Battery
    8. Panasonic Industry Europe GmbH
    9. Power Sonic Corporation
    10. Universal Power Group
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