PUBLISHER: The Business Research Company | PRODUCT CODE: 1702668
PUBLISHER: The Business Research Company | PRODUCT CODE: 1702668
An AGM battery is a variant of lead-acid battery where the electrolyte is absorbed into a fiberglass mat. This design ensures the battery is spill-proof, improves its efficiency in charging and discharging, and enhances performance in challenging environments. AGM batteries find widespread use in vehicles, uninterruptible power supplies (UPS), and other applications requiring dependable power.
The absorbent glass mat (AGM) battery market is segmented into stationary and motive types. Stationary AGM batteries are employed in applications such as backup power systems, telecommunications infrastructure, and renewable energy storage. They are available in various voltages ranging from 2-4 volts, 6-8 volts, to 12 volts and higher, and are used across automotive, UPS, industrial, and energy storage sectors. These batteries serve diverse end users including OEMs and the aftermarket.
The absorbent glass mat (AGM) battery market research report is one of a series of new reports from The Business Research Company that provides absorbent glass mat (AGM) battery market statistics, including absorbent glass mat (AGM) battery industry global market size, regional shares, competitors with a absorbent glass mat (AGM) battery market share, detailed absorbent glass mat (AGM) battery market segments, market trends and opportunities, and any further data you may need to thrive in the absorbent glass mat (AGM) battery industry. This absorbent glass mat (AGM) battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The absorbent glass mat (AGM) battery market size has grown steadily in recent years. It will grow from $13.83 billion in 2024 to $14.48 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to increased demand for portable power, growth in automotive applications, expansion of renewable energy storage, telecommunications infrastructure growth, environmental regulations, and lead-acid battery recycling.
The absorbent glass mat (AGM) battery market size is expected to see steady growth in the next few years. It will grow to $17.19 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to the growth of electric vehicles, industrial automation, and robotics, data centers and cloud computing, renewable energy storage expansion, global economic growth, and urbanization. Major trends in the forecast period include growth in renewable energy integration, rise in residential energy storage solutions, increased demand in industrial applications, military and aerospace sector growth, and smart grid and energy management systems.
The growing infrastructure of data centers is anticipated to drive the expansion of the absorbent glass mat (AGM) battery market in the coming years. A data center is a physical facility used to store and manage data for various purposes, including the development of new products and services as well as the upkeep and repair of existing ones. The growth in data center infrastructure is fueled by the rising need for data storage, processing, and management driven by the expansion of digital services and cloud computing. AGM batteries are utilized in data centers due to their reliability, maintenance-free operation, and capability to deliver high power swiftly, which is essential for backup and uninterruptible power supplies (UPS). For example, in May 2024, Linklaters LLP, a law firm based in the UK, reported that in the first five months of 2024, global investment in data centers reached $22 billion, building on an impressive $36 billion invested in 2023. Consequently, the expanding data center infrastructure is fueling growth in the AGM battery market.
Key companies in the AGM battery market are concentrating on developing advanced products such as dual AGM batteries to enhance performance, extend lifespan, and meet increasing demands for reliable energy storage solutions. Dual AGM batteries are designed with dual-purpose capabilities, offering versatility and efficiency. For instance, in July 2023, GS Yuasa Corporation introduced two new marine dual AGM batteries, the M24-AGM and M28-AGM, expanding their YBX Active Marine range. These batteries cater to both starting and auxiliary power needs for various watercraft, ensuring high performance and reliability in marine environments.
In January 2024, Clarios LLC, a Germany-based leader in advanced low-voltage battery technologies for mobility, entered into a partnership with Altris. The goal of this partnership is to expedite the development and commercialization of sustainable low-voltage sodium-ion batteries for the automotive industry by 2026. By combining Clarios' expertise in battery management with Altris' sodium-ion cell technology, the collaboration aims to address the demand for eco-friendly, high-performance alternatives to lithium-ion batteries. Altris, a Sweden-based company, specializes in the development of sodium-ion battery technology.
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 Aku, Guangdong Dynavolt Power Technology, Surrette Battery's, Renogy, Battery Tender, Optima Batteries, Fullriver Battery, Vision Group SpA, Banner Batterien
Asia-Pacific was the largest region in the absorbent glass mat (AGM) battery market in 2024. 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.
The countries covered in the absorbent glass mat (AGM) battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The absorbent glass mat (AGM) battery market consists of sales of starting batteries, deep cycle batteries, solar batteries, and renewable energy batteries. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Absorbent Glass Mat (AGM) Battery Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on absorbent glass mat (agm) battery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for absorbent glass mat (agm) battery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The absorbent glass mat (agm) battery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.