Product Code: GVR-4-68040-503-2
Market Size & Trends:
The global absorbent glass mat battery market size was estimated at USD 12.20 billion in 2024 and is expected to expand at a CAGR of 5.49% from 2025 to 2030. This growth is driven by the increasing demand for energy-efficient and maintenance-free batteries across diverse applications such as automotive, uninterruptible power supply (UPS), industrial equipment, and renewable energy storage.
AGM batteries' unique properties, including high durability, spill-proof design, and superior performance under deep cycling, make them highly preferred in industries emphasizing reliability and sustainability.
The automotive sector remains a key contributor to market growth, fueled by the rising adoption of start-stop systems and hybrid electric vehicles that rely on AGM batteries for improved fuel efficiency and reduced emissions. Additionally, the integration of renewable energy systems, which require efficient energy storage solutions, is further propelling the demand for AGM batteries. Industries such as telecommunications and data centers are also adopting AGM batteries for UPS systems due to their reliability and ability to perform in demanding environments.
However, challenges such as the high cost of AGM batteries compared to conventional alternatives and the availability of advanced lithium-ion technologies could restrain market growth. Despite these hurdles, ongoing innovations and increasing investments in sustainable energy solutions are expected to bolster the AGM battery market, positioning it as a critical component in the global energy storage and automotive landscapes.
Global Absorbent Glass Mat Battery Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the absorbent glass mat battery market report on the basis of type, voltage, end-user, application, and region:
- Type Outlook (Revenue, USD Billion, 2018 - 2030)
- Stationary
- Motive
- Voltage Outlook (Revenue, USD Billion, 2018 - 2030)
- 2-4 Volts
- 6-8 Volts
- 12 Volts & above
- End-Use Outlook (Revenue, USD Billion, 2018 - 2030)
- OEM
- Aftermarket
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Automotive
- Motor Vehicle
- Motorcycle
- Others
- UPS
- Industrial
- Energy Storage
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Central & South America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Absorbent Glass Mat (AGM) Battery Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis of Key Value Chain Participants
- 3.2.2. Raw Material Trends
- 3.2.3. Raw Material Price Analysis
- 3.3. Technology Overview/ Timeline
- 3.4. Analysis of Potential Substitute Material
- 3.5. Impact of Circular Economy
- 3.6. Average Price Trend Analysis, 2018 to 2030 (USD/Unit)
- 3.7. Trade Statistics (Cell and Batteries)
- 3.8. Supply Demand Gap Analysis
- 3.9. Regulatory Framework
- 3.9.1. Standard & Compliance
- 3.9.2. Safety
- 3.10. Supplier Market Intelligence
- 3.10.1. Kraljic Matrix (Portfolio Analysis)
- 3.11. Market Dynamics
- 3.11.1. Market Driver Analysis
- 3.11.2. Market Restraint Analysis
- 3.11.3. Market Challenges Analysis
- 3.11.4. Market Opportunity Analysis
- 3.12. Business Environment Analysis
- 3.12.1. Industry Analysis - Porter's
- 3.12.1.1. Supplier Power
- 3.12.1.2. Buyer Power
- 3.12.1.3. Substitution Threat
- 3.12.1.4. Threat from New Entrant
- 3.12.1.5. Competitive Rivalry
- 3.12.2. PESTEL Analysis
- 3.12.2.1. Political Landscape
- 3.12.2.2. Environmental Landscape
- 3.12.2.3. Social Landscape
- 3.12.2.4. Technology Landscape
- 3.12.2.5. Economic Landscape
- 3.12.2.6. Legal Landscape
- 3.13. Looming Inflation Concerns & Economic Slowdown and Their Impact on Market
- 3.14. Eastern European Geopolitical Implications
Chapter 4. Absorbent Glass Mat (AGM) Battery Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2024 & 2030
- 4.2. Stationary
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3. Motive
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Absorbent Glass Mat (AGM) Battery Market: Voltage Estimates & Trend Analysis
- 5.1. Voltage Movement Analysis & Market Share, 2024 & 2030
- 5.2. 2-4 Volts
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.3. 6-8 Volts
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.4. 12 Volts & above
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Absorbent Glass Mat (AGM) Battery Market: End-User Estimates & Trend Analysis
- 6.1. End-User Movement Analysis & Market Share, 2024 & 2030
- 6.2. OEM
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3. Aftermarket
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Absorbent Glass Mat (AGM) Battery Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2024 & 2030
- 7.2. Automotive
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. Motor Vehicle
- 7.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Motorcycle
- 7.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Others
- 7.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3. UPS
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4. Industrial
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5. Energy Storage
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6. Others
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Absorbent Glass Mat (AGM) Battery Market: Regional Estimates & Trend Analysis
- 8.1. Key Takeaways
- 8.2. Regional Movement Analysis & Market Share, 2024 & 2030
- 8.3. North America
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.3.2. U.S.
- 8.3.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.3.3. Canada
- 8.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.3.4. Mexico
- 8.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.4. Europe
- 8.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.4.2. Germany
- 8.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.4.3. U.K.
- 8.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.4.4. France
- 8.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.4.5. Italy
- 8.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.4.6. Spain
- 8.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.5. Asia Pacific
- 8.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.5.2. China
- 8.5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.5.3. India
- 8.5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.5.4. Japan
- 8.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.5.5. South Korea
- 8.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.5.6. Australia
- 8.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.6. Central & South America
- 8.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.6.2. Brazil
- 8.6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.6.3. Argentina
- 8.6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.7. Middle East & Africa
- 8.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.7.2. UAE
- 8.7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.7.3. Saudi Arabia
- 8.7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 8.7.4. South Africa
- 8.7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 9.2. Vendor Landscape
- 9.2.1. Key Company/Competition Categorization
- 9.2.2. List of key Raw Material Distributors and Channel Partners
- 9.3. List of Potential Customers, by Application
- 9.4. Company Market Share & Position Analysis, 2024
- 9.5. Company Heat Map Analysis
- 9.6. Strategy Mapping
- 9.6.1. Expansion
- 9.6.2. Collaboration/ Partnerships/ Agreements
- 9.6.3. New Material launches
- 9.6.4. Mergers & Acquisitions
- 9.6.5. Research & Development
- 9.6.6. Others
- 9.7. SWOT Analysis
Chapter 10. Company Listing / Profiles
- 10.1. Exide Technologies
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.2. Clarios
- 10.3. Power Sonic Corporation
- 10.4. EnerSys
- 10.5. East Penn Manufacturing Company
- 10.6. C&D Technologies
- 10.7. Fullriver Battery
- 10.8. Universal Power Group
- 10.9. BOSCH
- 10.10. LEOCH
- 10.11. Panasonic Industry Europe
- 10.12. Storage Battery Systems
- 10.13. Crown Battery
- 10.14. GS Battery
- 10.15. Cellpower Batteries
- 10.16. Fiamm Energy Technology
- 10.17. B.B. Battery
- 10.18. Concorde Battery Corporation
- 10.19. Victron Energy
- 10.20. Rolls Battery
- 10.21. Vmax Usa
- 10.22. Eaglepicher Technologies
Chapter 11. Strategic Recommendations/ Analyst Perspective