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Absorbent Glass Mat (AGM) Battery Market Analysis and Outlook Report: Industry Size, Share, Growth Trends, and Forecast (2025-2032)

Published On: Mar, 2025
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Pages: 157

"The Global Absorbent Glass Mat (AGM) Battery Market is valued at USD 12.74 Billion in 2025. Worldwide sales of Absorbent Glass Mat (AGM) Battery Market are expected to grow at a significant CAGR of 5.3%, reaching USD 18.29 Billion by the end of the forecast period in 2032."

Absorbent Glass Mat (AGM) Battery Market Overview

The Absorbent Glass Mat (AGM) battery market has experienced steady growth due to its widespread adoption in automotive, industrial, and renewable energy applications. AGM batteries are an advanced type of lead-acid battery that use fiberglass mats to absorb and retain the electrolyte, offering improved efficiency, durability, and maintenance-free operation. These batteries are highly preferred for start-stop vehicle systems, uninterruptible power supplies (UPS), and deep-cycle applications such as solar energy storage. The market is driven by increasing demand for energy storage solutions, advancements in automotive technologies, and the need for reliable power backup systems. Compared to traditional flooded lead-acid batteries, AGM batteries offer superior vibration resistance, faster charging capabilities, and reduced spillage risk. With growing investments in renewable energy infrastructure and the rising penetration of electric vehicles (EVs) and hybrid vehicles, the market continues to expand. However, the competition from lithium-ion batteries poses a challenge to AGM battery adoption, especially in high-energy applications.

Asia-Pacific is the leading region in the Absorbent Glass Mat (AGM) Battery Market, powered by rapid industrialization, the growing adoption of renewable energy systems, and increasing demand for reliable energy storage solutions in emerging economies such as China and India.

Global Absorbent Glass Mat (AGM) Battery Market Analysis 2025-2032: Industry Size, Share, Growth Trends, Competition and Forecast Report

In 2024, the AGM battery market has seen notable advancements in battery efficiency, lifespan, and integration with smart energy management systems. Manufacturers have focused on optimizing charge acceptance and deep-cycle capabilities to enhance performance in both automotive and stationary applications. With the rise of electric mobility and the electrification of various transportation modes, AGM batteries remain an essential component in auxiliary power units and hybrid vehicle systems. Additionally, telecom and data center industries have continued to drive demand for AGM batteries due to their reliability in backup power solutions. Government incentives for energy storage projects and increased deployment of off-grid solar systems have further supported market expansion. Despite supply chain challenges and fluctuations in raw material costs, strategic partnerships and technological innovations have enabled manufacturers to introduce AGM batteries with improved efficiency and sustainability. Companies have also been investing in recycling technologies to enhance the circular economy of lead-acid batteries, aligning with global environmental regulations.

Looking ahead to 2025 and beyond, the AGM battery market is expected to benefit from ongoing research and development efforts aimed at increasing energy density and cycle life. The adoption of smart battery management systems (BMS) will further improve the efficiency of AGM batteries, making them more competitive against lithium-ion alternatives. As the renewable energy sector continues to expand, AGM batteries will play a crucial role in grid stabilization and hybrid energy storage systems. The automotive industry will see continued use of AGM batteries in start-stop technology, particularly in conventional and mild hybrid vehicles. Additionally, the market is likely to witness increased investment in eco-friendly manufacturing processes and advanced recycling technologies to reduce environmental impact. Emerging markets in Asia-Pacific, Africa, and Latin America are expected to drive demand, supported by rapid urbanization and infrastructure development. Overall, the AGM battery market will remain a key player in the global energy storage landscape, adapting to technological advancements and evolving consumer needs.

Market Scope

Parameter

Detail

Base Year

2024

Estimated Year

2025

Forecast Period

2026-2032

Market Size-Units

USD billion

Market Splits Covered

By Type, By Voltage, By Application, By End-User

Countries Covered

North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)

Analysis Covered

Latest Trends, Driving Factors, Challenges, Trade Analysis, Price Analysis, Supply-Chain Analysis, Competitive Landscape, Company Strategies

Customization

10% free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed

Post-Sale Support

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Delivery Format

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Market Segmentation

  • By Type:
    • Stationary AGM Batteries
    • Motoring AGM Batteries
  • By Voltage:
    • Below 12V
    • 12V
    • Above 12V
  • By Application:
    • Automotive (Start-Stop Vehicles, Electric & Hybrid Vehicles, Motorcycles)
    • UPS & Backup Power
    • Renewable Energy Storage
    • Industrial Equipment
    • Telecommunications
  • By End-User:
    • OEM (Original Equipment Manufacturers)
    • Aftermarket
  • By Geography:
    • North America (U.S., Canada, Mexico)
    • Europe (Germany, U.K., France, Italy, Spain, Rest of Europe)
    • Asia-Pacific (China, India, Japan, South Korea, ASEAN, Rest of Asia-Pacific)
    • Latin America (Brazil, Argentina, Rest of Latin America)
    • Middle East & Africa (GCC, South Africa, Rest of MEA)

Major Players in the AGM Battery Market

  • Clarios
  • Exide Technologies
  • Enersys
  • East Penn Manufacturing
  • GS Yuasa Corporation
  • Panasonic Corporation
  • CSB Battery
  • FIAMM Energy Technology
  • C&D Technologies, Inc.
  • Leoch International Technology
  • Johnson Controls
  • Hankook AtlasBX
  • Varta AG
  • Universal Power Group
  • Power Sonic Corporation

  

1. Table of Contents
1.1 List of Tables
1.2 List of Figures

2. Absorbent Glass Mat (AGM) Battery Market Latest Trends, Drivers and Challenges, 2024 - 2032
2.1 Absorbent Glass Mat (AGM) Battery Market Overview
2.2 Market Strategies of Leading Absorbent Glass Mat (AGM) Battery Companies
2.3 Absorbent Glass Mat (AGM) Battery Market Insights, 2024 - 2032
2.3.1 Leading Absorbent Glass Mat (AGM) Battery Types, 2024 - 2032
2.3.2 Leading Absorbent Glass Mat (AGM) Battery End-User industries, 2024 - 2032
2.3.3 Fast-Growing countries for Absorbent Glass Mat (AGM) Battery sales, 2024 - 2032
2.4 Absorbent Glass Mat (AGM) Battery Market Drivers and Restraints
2.4.1 Absorbent Glass Mat (AGM) Battery Demand Drivers to 2032
2.4.2 Absorbent Glass Mat (AGM) Battery Challenges to 2032
2.5 Absorbent Glass Mat (AGM) Battery Market- Five Forces Analysis
2.5.1 Absorbent Glass Mat (AGM) Battery Industry Attractiveness Index, 2024
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes

3. Global Absorbent Glass Mat (AGM) Battery Market Value, Market Share, and Forecast to 2032
3.1 Global Absorbent Glass Mat (AGM) Battery Market Overview, 2024
3.2 Global Absorbent Glass Mat (AGM) Battery Market Revenue and Forecast, 2024 - 2032 (US$ Million)

3.3 Global Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Type, 2024 - 2032
3.3.1 Stationary AGM Batteries
3.3.2 Motoring AGM Batteries
3.3.3 By Voltage:
3.3.4 Below 12V
3.3.5 12V
3.3.6 Above 12V

3.4 Global Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Application, 2024 - 2032
3.4.1 Automotive (Start-Stop Vehicles, Electric & Hybrid Vehicles, Motorcycles)
3.4.2 UPS & Backup Power
3.4.3 Renewable Energy Storage
3.4.4 Industrial Equipment
3.4.5 Telecommunications

3.5 Global Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By End-User, 2024 - 2032
3.5.1 OEM (Original Equipment Manufacturers)
3.5.2 Aftermarket

3.6 Global Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook 0, 2024 - 2032


3.7 Global Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook by Region, 2024 - 2032

4. Asia Pacific Absorbent Glass Mat (AGM) Battery Market Value, Market Share and Forecast to 2032
4.1 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Overview, 2024
4.2 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Revenue and Forecast, 2024 - 2032 (US$ Million)
4.3 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Type, 2024 - 2032
4.4 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Application, 2024 - 2032
4.5 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By End-User, 2024 - 2032
4.6 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook 0, 2024 - 2032
4.7 Asia Pacific Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook by Country, 2024 - 2032
4.8 Key Companies in Asia Pacific Absorbent Glass Mat (AGM) Battery Market

5. Europe Absorbent Glass Mat (AGM) Battery Market Value, Market Share, and Forecast to 2032
5.1 Europe Absorbent Glass Mat (AGM) Battery Market Overview, 2024
5.2 Europe Absorbent Glass Mat (AGM) Battery Market Revenue and Forecast, 2024 - 2032 (US$ Million)
5.3 Europe Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Type, 2024 - 2032
5.4 Europe Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Application, 2024 - 2032
5.5 Europe Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By End-User, 2024 - 2032
5.6 Europe Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook 0, 2024 - 2032
5.7 Europe Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook by Country, 2024 - 2032
5.8 Key Companies in Europe Absorbent Glass Mat (AGM) Battery Market

6. North America Absorbent Glass Mat (AGM) Battery Market Value, Market Share and Forecast to 2032
6.1 North America Absorbent Glass Mat (AGM) Battery Market Overview, 2024
6.2 North America Absorbent Glass Mat (AGM) Battery Market Revenue and Forecast, 2024 - 2032 (US$ Million)
6.3 North America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Type, 2024 - 2032
6.4 North America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Application, 2024 - 2032
6.5 North America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By End-User, 2024 - 2032
6.6 North America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook 0, 2024 - 2032
6.7 North America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook by Country, 2024 - 2032
6.8 Key Companies in North America Absorbent Glass Mat (AGM) Battery Market

7. South and Central America Absorbent Glass Mat (AGM) Battery Market Value, Market Share and Forecast to 2032
7.1 South and Central America Absorbent Glass Mat (AGM) Battery Market Overview, 2024
7.2 South and Central America Absorbent Glass Mat (AGM) Battery Market Revenue and Forecast, 2024 - 2032 (US$ Million)
7.3 South and Central America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Type, 2024 - 2032
7.4 South and Central America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Application, 2024 - 2032
7.5 South and Central America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By End-User, 2024 - 2032
7.6 South and Central America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook 0, 2024 - 2032
7.7 South and Central America Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook by Country, 2024 - 2032
7.8 Key Companies in South and Central America Absorbent Glass Mat (AGM) Battery Market

8. Middle East Africa Absorbent Glass Mat (AGM) Battery Market Value, Market Share and Forecast to 2032
8.1 Middle East Africa Absorbent Glass Mat (AGM) Battery Market Overview, 2024
8.2 Middle East and Africa Absorbent Glass Mat (AGM) Battery Market Revenue and Forecast, 2024 - 2032 (US$ Million)
8.3 Middle East Africa Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Type, 2024 - 2032
8.4 Middle East Africa Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By Application, 2024 - 2032
8.5 Middle East Africa Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook By End-User, 2024 - 2032
8.6 Middle East Africa Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook 0, 2024 - 2032
8.7 Middle East Africa Absorbent Glass Mat (AGM) Battery Market Size and Share Outlook by Country, 2024 - 2032
8.8 Key Companies in Middle East Africa Absorbent Glass Mat (AGM) Battery Market

9. Absorbent Glass Mat (AGM) Battery Market Structure
9.1 Key Players
9.2 Absorbent Glass Mat (AGM) Battery Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis

10. Absorbent Glass Mat (AGM) Battery Industry Recent Developments

11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
 

   

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FAQ's

By 2032, the Absorbent Glass Mat (AGM) Battery Market is estimated to account for USD 18.29 Billion.

The Global Absorbent Glass Mat (AGM) Battery Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period from 2025 to 2032.

The Global Absorbent Glass Mat (AGM) Battery Market is estimated to generate USD 12.74 Billion revenue in 2025.

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