Automotive AGM Battery Market: Powering the Future of Electric and Hybrid Vehicles

"Automotive Absorbent Glass Mat (AGM) Battery Market Size And Forecast by 2031

The value of the Automotive Absorbent Glass Mat (AGM) Battery Market is being driven by rising consumer demand and technological innovations. Opportunities for growth are abundant, particularly in regions experiencing economic and industrial expansion. Challenges such as supply chain disruptions are being addressed through innovative approaches, ensuring the market’s resilience and long-term viability.

The scope of the Automotive Absorbent Glass Mat (AGM) Battery Market encompasses a wide range of applications, creating ample opportunities for companies to grow and innovate. Industry trends point to a growing emphasis on sustainability and efficiency, further shaping market dynamics. Insights from research reports provide actionable strategies for businesses to thrive in this competitive environment.

Data Bridge Market Research analyses that the Global Automotive Absorbent Glass Mat (AGM) Battery Market which was USD 14859.37 Thousand in 2022 is expected to reach USD 23152.64 Billion by 2030 and is expected to undergo a CAGR of 5.70% during the forecast period of 2022 to 2030

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Which are the top companies operating in the Automotive Absorbent Glass Mat (AGM) Battery Market?

The global Automotive Absorbent Glass Mat (AGM) Battery Market study presents a detailed analysis of the industry, focusing on key trends, market dynamics, and the competitive landscape. It highlights leading companies in the market, examining their strategies and contributions to market share. Additionally, the report offers insights into the Top 10 Companies in Automotive Absorbent Glass Mat (AGM) Battery Market in the Automotive Absorbent Glass Mat (AGM) Battery Market, including their business strategies, financial performance, and overall market position.

**Segments**

- **Type:** The automotive AGM battery market can be segmented based on the type into 12V and 48V. The 12V segment is expected to dominate the market due to the widespread adoption of traditional 12V AGM batteries in vehicles for various applications.

- **Vehicle Type:** This market can also be segmented based on vehicle type into passenger vehicles, commercial vehicles, and electric vehicles. The passenger vehicles segment is anticipated to hold a significant market share as the demand for luxury and premium vehicles equipped with AGM batteries is on the rise.

- **End-User:** Based on end-user, the market can be categorized into OEMs and Aftermarket. The OEMs segment is projected to witness substantial growth as automotive manufacturers are incorporating AGM batteries in their vehicles to meet the increasing demand for enhanced performance and fuel efficiency.

**Market Players**

- **Johnson Controls**
- **East Penn Manufacturing Company**
- **Exide Technologies**
- **EnerSys**
- **C&D Technologies, Inc.**
- **NorthStar**
- **TorqMaster International**
- **Trojan Battery Company**
- **VARTA Storage GmbH**
- **Hitachi Chemical Co., Ltd.**
- **Leoch International Technology Ltd.**
- **FIAMM Energy Technology S.p.A.**
- **Valence Technology, Inc.**
- **GS Yuasa International Ltd.**

The global automotive AGM battery market is witnessing significant growth due to the increasing demand for vehicles with advanced features and the rising focus on energy-efficient solutions in the automotive industry. Factors such as the expanding automotive sector, stringent regulations related to emissions and fuel efficiency, and the growing trend towards electric vehicles are driving the market forward. The 12V segment is expected to dominate the market, driven by the widespread use of traditional AGM batteries in various applications.

In terms of vehicle type, the passenger vehicles segment is poised to hold a substantial market share as consumers prefer vehicles with advancedThe global automotive AGM battery market is experiencing robust growth driven by several key factors. One of the primary drivers of market expansion is the increasing demand for vehicles equipped with advanced features and technology. Consumers are increasingly seeking vehicles that offer enhanced performance, fuel efficiency, and reliability, leading to a growing adoption of AGM batteries in the automotive sector. AGM batteries are known for their ability to provide consistent power output, which is crucial for supporting the advanced electrical systems and features present in modern vehicles.

Furthermore, stringent regulations related to emissions and fuel efficiency are also playing a significant role in driving the demand for AGM batteries in the automotive industry. Governments around the world are implementing strict emission norms and fuel efficiency standards to reduce the environmental impact of vehicles. As a result, automotive manufacturers are exploring energy-efficient solutions such as AGM batteries to meet these regulatory requirements while offering high-performance vehicles to consumers.

Another factor contributing to the growth of the automotive AGM battery market is the increasing focus on electric vehicles (EVs). With the rising trend towards electrification in the automotive industry, the demand for high-performance batteries such as AGM batteries is on the rise. AGM batteries are well-suited for use in hybrid and electric vehicles due to their ability to deliver reliable power and support the complex electrical systems present in EVs. As the adoption of EVs continues to increase, the demand for AGM batteries is expected to grow in tandem, further propelling the market forward.

Moreover, the market segmentation based on type, vehicle type, and end-user provides valuable insights into the diverse applications of AGM batteries in the automotive sector. The dominance of the 12V segment underscores the widespread use of traditional AGM batteries in various automotive applications, while the passenger vehicles segment is expected to hold a significant market share due to the increasing demand for luxury and premium vehicles equipped with AGM batteries. The OEMs segment is also poised for substantial growth as automotive manufacturers integrate AGM batteries into their vehicles to meet the evolving needs of**Market Players:**

- Johnson Controls
- East Penn Manufacturing Company
- Exide Technologies
- EnerSys
- C&D Technologies, Inc.
- NorthStar
- TorqMaster International
- Trojan Battery Company
- VARTA Storage GmbH
- Hitachi Chemical Co., Ltd.
- Leoch International Technology Ltd.
- FIAMM Energy Technology S.p.A.
- Valence Technology, Inc.
- GS Yuasa International Ltd
- 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)
- 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.)

The global automotive AGM battery market is experiencing robust growth driven by several key factors. One of the primary drivers of market expansion is the increasing demand for vehicles equipped with advanced features and technology. Consumers are increasingly seeking vehicles that offer enhanced performance, fuel efficiency, and reliability, leading to a growing adoption of AG

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Key Insights from the Global Global Automotive Absorbent Glass Mat (AGM) Battery Market :

Comprehensive Market Overview: A detailed examination of the global Automotive Absorbent Glass Mat (AGM) Battery Market.
Industry Trends and Projections: Analysis of historical data (2015 onward) and future growth forecasts, including compound annual growth rates (CAGRs).
Emerging Opportunities: Identification of new market prospects and targeted marketing strategies.
Focus on R&D: Insights into demand for new product launches and innovative applications.
Leading Player Profiles: Detailed profiles of major market participants.
Market Composition: Analysis of dynamic molecule types, targets, and key resources.
Revenue Growth: Examination of global market revenue, segmented by key players and product categories.
Commercial Opportunities: Analysis of sales trends, licensing deals, and co-development opportunities.

Regional Insights and Language Accessibility

North America: United States, Canada, Mexico
Europe: Germany, France, UK, Russia, Italy
Asia-Pacific: China, Japan, Korea, India, Southeast Asia
South America: Brazil, Argentina, Colombia, and others
Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa

Understanding market trends at a regional level is crucial for effective decision-making. Our reports cater to diverse audiences by offering localized analyses in multiple regional languages. These reports provide tailored insights for specific regions, enabling businesses and stakeholders to access relevant information for informed strategies. By bridging communication gaps, we empower regional markets to thrive and grow. Access our reports in your preferred language for a personalized understanding of industry dynamics.