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Absorbent Glass Mat (AGM) Battery-Global Market Insights and Sales Trends 2025
Synopsis
An AGM (absorbed glass mat) battery contains a special glass mat separator that wicks the electrolyte solution between the battery plates. This material's design enables the fiberglass to be saturated with electrolyte – and to store the electrolyte in a “dry” or suspended state rather than in free liquid form
The global Absorbent Glass Mat (AGM) Battery market size is expected to reach US$ 14850 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Absorbent Glass Mat (AGM) Battery in various end use industries. The expanding demands from the UPS, Aircraft, Automotive and Motorcycle, are propelling Absorbent Glass Mat (AGM) Battery market. Below 30Ah, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 30 to 100Ah segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Absorbent Glass Mat (AGM) Battery market, driven by demand from China, the second largest economy with some signs of stabilising, the Absorbent Glass Mat (AGM) Battery market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Absorbent Glass Mat (AGM) Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Absorbent Glass Mat (AGM) Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Absorbent Glass Mat (AGM) Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Absorbent Glass Mat (AGM) Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Absorbent Glass Mat (AGM) Battery covered in this report include Johnson Controls, Trojan Battery, SBSBattery, Exide Technologies, Bosch Auto, Varta, Yuasa and Hyundai, etc.
The global Absorbent Glass Mat (AGM) Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Johnson Controls
Trojan Battery
SBSBattery
Exide Technologies
Bosch Auto
Varta
Yuasa
Hyundai
Global Absorbent Glass Mat (AGM) Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Absorbent Glass Mat (AGM) Battery market, Segment by Type:
Below 30Ah
30 to 100Ah
Above 100Ah
Global Absorbent Glass Mat (AGM) Battery market, by Application
UPS
Aircraft
Automotive
Motorcycle
Boats
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Absorbent Glass Mat (AGM) Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Absorbent Glass Mat (AGM) Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An AGM (absorbed glass mat) battery contains a special glass mat separator that wicks the electrolyte solution between the battery plates. This material's design enables the fiberglass to be saturated with electrolyte – and to store the electrolyte in a “dry” or suspended state rather than in free liquid form
The global Absorbent Glass Mat (AGM) Battery market size is expected to reach US$ 14850 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Absorbent Glass Mat (AGM) Battery in various end use industries. The expanding demands from the UPS, Aircraft, Automotive and Motorcycle, are propelling Absorbent Glass Mat (AGM) Battery market. Below 30Ah, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 30 to 100Ah segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Absorbent Glass Mat (AGM) Battery market, driven by demand from China, the second largest economy with some signs of stabilising, the Absorbent Glass Mat (AGM) Battery market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Absorbent Glass Mat (AGM) Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Absorbent Glass Mat (AGM) Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Absorbent Glass Mat (AGM) Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Absorbent Glass Mat (AGM) Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Absorbent Glass Mat (AGM) Battery covered in this report include Johnson Controls, Trojan Battery, SBSBattery, Exide Technologies, Bosch Auto, Varta, Yuasa and Hyundai, etc.
The global Absorbent Glass Mat (AGM) Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Johnson Controls
Trojan Battery
SBSBattery
Exide Technologies
Bosch Auto
Varta
Yuasa
Hyundai
Global Absorbent Glass Mat (AGM) Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Absorbent Glass Mat (AGM) Battery market, Segment by Type:
Below 30Ah
30 to 100Ah
Above 100Ah
Global Absorbent Glass Mat (AGM) Battery market, by Application
UPS
Aircraft
Automotive
Motorcycle
Boats
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Absorbent Glass Mat (AGM) Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Absorbent Glass Mat (AGM) Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Absorbent Glass Mat (AGM) Battery Market Overview
1.1 Absorbent Glass Mat (AGM) Battery Product Overview
1.2 Absorbent Glass Mat (AGM) Battery Market Segment by Type
1.2.1 Below 30Ah
1.2.2 30 to 100Ah
1.2.3 Above 100Ah
1.3 Global Absorbent Glass Mat (AGM) Battery Market Size by Type
1.3.1 Global Absorbent Glass Mat (AGM) Battery Market Size Overview by Type (2018-2029)
1.3.2 Global Absorbent Glass Mat (AGM) Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Absorbent Glass Mat (AGM) Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe Absorbent Glass Mat (AGM) Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Absorbent Glass Mat (AGM) Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Absorbent Glass Mat (AGM) Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Absorbent Glass Mat (AGM) Battery Sales Breakdown by Type (2018-2023)
2 Global Absorbent Glass Mat (AGM) Battery Market Competition by Company
2.1 Global Top Players by Absorbent Glass Mat (AGM) Battery Sales (2018-2023)
2.2 Global Top Players by Absorbent Glass Mat (AGM) Battery Revenue (2018-2023)
2.3 Global Top Players by Absorbent Glass Mat (AGM) Battery Price (2018-2023)
2.4 Global Top Manufacturers Absorbent Glass Mat (AGM) Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 Absorbent Glass Mat (AGM) Battery Market Competitive Situation and Trends
2.5.1 Absorbent Glass Mat (AGM) Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Absorbent Glass Mat (AGM) Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Absorbent Glass Mat (AGM) Battery as of 2022)
2.7 Date of Key Manufacturers Enter into Absorbent Glass Mat (AGM) Battery Market
2.8 Key Manufacturers Absorbent Glass Mat (AGM) Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Absorbent Glass Mat (AGM) Battery Status and Outlook by Region
3.1 Global Absorbent Glass Mat (AGM) Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Absorbent Glass Mat (AGM) Battery Historic Market Size by Region
3.2.1 Global Absorbent Glass Mat (AGM) Battery Sales in Volume by Region (2018-2023)
3.2.2 Global Absorbent Glass Mat (AGM) Battery Sales in Value by Region (2018-2023)
3.2.3 Global Absorbent Glass Mat (AGM) Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Region
3.3.1 Global Absorbent Glass Mat (AGM) Battery Sales in Volume by Region (2024-2029)
3.3.2 Global Absorbent Glass Mat (AGM) Battery Sales in Value by Region (2024-2029)
3.3.3 Global Absorbent Glass Mat (AGM) Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Absorbent Glass Mat (AGM) Battery by Application
4.1 Absorbent Glass Mat (AGM) Battery Market Segment by Application
4.1.1 UPS
4.1.2 Aircraft
4.1.3 Automotive
4.1.4 Motorcycle
4.1.5 Boats
4.1.6 Others
4.2 Global Absorbent Glass Mat (AGM) Battery Market Size by Application
4.2.1 Global Absorbent Glass Mat (AGM) Battery Market Size Overview by Application (2018-2029)
4.2.2 Global Absorbent Glass Mat (AGM) Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Absorbent Glass Mat (AGM) Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe Absorbent Glass Mat (AGM) Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Absorbent Glass Mat (AGM) Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Absorbent Glass Mat (AGM) Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Absorbent Glass Mat (AGM) Battery Sales Breakdown by Application (2018-2023)
5 North America Absorbent Glass Mat (AGM) Battery by Country
5.1 North America Absorbent Glass Mat (AGM) Battery Historic Market Size by Country
5.1.1 North America Absorbent Glass Mat (AGM) Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2018-2023)
5.1.3 North America Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2018-2023)
5.2 North America Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Country
5.2.1 North America Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2024-2029)
5.2.2 North America Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2024-2029)
6 Europe Absorbent Glass Mat (AGM) Battery by Country
6.1 Europe Absorbent Glass Mat (AGM) Battery Historic Market Size by Country
6.1.1 Europe Absorbent Glass Mat (AGM) Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2018-2023)
6.2 Europe Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Country
6.2.1 Europe Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific Absorbent Glass Mat (AGM) Battery by Region
7.1 Asia-Pacific Absorbent Glass Mat (AGM) Battery Historic Market Size by Region
7.1.1 Asia-Pacific Absorbent Glass Mat (AGM) Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Absorbent Glass Mat (AGM) Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Absorbent Glass Mat (AGM) Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific Absorbent Glass Mat (AGM) Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Absorbent Glass Mat (AGM) Battery Sales in Value by Region (2024-2029)
8 Latin America Absorbent Glass Mat (AGM) Battery by Country
8.1 Latin America Absorbent Glass Mat (AGM) Battery Historic Market Size by Country
8.1.1 Latin America Absorbent Glass Mat (AGM) Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2018-2023)
8.2 Latin America Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Country
8.2.1 Latin America Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa Absorbent Glass Mat (AGM) Battery by Country
9.1 Middle East and Africa Absorbent Glass Mat (AGM) Battery Historic Market Size by Country
9.1.1 Middle East and Africa Absorbent Glass Mat (AGM) Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Absorbent Glass Mat (AGM) Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa Absorbent Glass Mat (AGM) Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Absorbent Glass Mat (AGM) Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Johnson Controls
10.1.1 Johnson Controls Company Information
10.1.2 Johnson Controls Introduction and Business Overview
10.1.3 Johnson Controls Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Johnson Controls Absorbent Glass Mat (AGM) Battery Products Offered
10.1.5 Johnson Controls Recent Development
10.2 Trojan Battery
10.2.1 Trojan Battery Company Information
10.2.2 Trojan Battery Introduction and Business Overview
10.2.3 Trojan Battery Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Trojan Battery Absorbent Glass Mat (AGM) Battery Products Offered
10.2.5 Trojan Battery Recent Development
10.3 SBSBattery
10.3.1 SBSBattery Company Information
10.3.2 SBSBattery Introduction and Business Overview
10.3.3 SBSBattery Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SBSBattery Absorbent Glass Mat (AGM) Battery Products Offered
10.3.5 SBSBattery Recent Development
10.4 Exide Technologies
10.4.1 Exide Technologies Company Information
10.4.2 Exide Technologies Introduction and Business Overview
10.4.3 Exide Technologies Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Exide Technologies Absorbent Glass Mat (AGM) Battery Products Offered
10.4.5 Exide Technologies Recent Development
10.5 Bosch Auto
10.5.1 Bosch Auto Company Information
10.5.2 Bosch Auto Introduction and Business Overview
10.5.3 Bosch Auto Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Bosch Auto Absorbent Glass Mat (AGM) Battery Products Offered
10.5.5 Bosch Auto Recent Development
10.6 Varta
10.6.1 Varta Company Information
10.6.2 Varta Introduction and Business Overview
10.6.3 Varta Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Varta Absorbent Glass Mat (AGM) Battery Products Offered
10.6.5 Varta Recent Development
10.7 Yuasa
10.7.1 Yuasa Company Information
10.7.2 Yuasa Introduction and Business Overview
10.7.3 Yuasa Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yuasa Absorbent Glass Mat (AGM) Battery Products Offered
10.7.5 Yuasa Recent Development
10.8 Hyundai
10.8.1 Hyundai Company Information
10.8.2 Hyundai Introduction and Business Overview
10.8.3 Hyundai Absorbent Glass Mat (AGM) Battery Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hyundai Absorbent Glass Mat (AGM) Battery Products Offered
10.8.5 Hyundai Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Absorbent Glass Mat (AGM) Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Absorbent Glass Mat (AGM) Battery Industrial Chain Analysis
11.4 Absorbent Glass Mat (AGM) Battery Market Dynamics
11.4.1 Absorbent Glass Mat (AGM) Battery Industry Trends
11.4.2 Absorbent Glass Mat (AGM) Battery Market Drivers
11.4.3 Absorbent Glass Mat (AGM) Battery Market Challenges
11.4.4 Absorbent Glass Mat (AGM) Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Absorbent Glass Mat (AGM) Battery Distributors
12.3 Absorbent Glass Mat (AGM) Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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