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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.

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 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

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

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.

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

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This analysis will be crucial for stakeholders aiming to align with the latest industry trends and capitalize on emerging market opportunities.Battery Recycling Market Strategy, Price Trends, Drivers, Challenges and Opportunities to 2034In terms of market strategy, price trends, drivers, challenges, and opportunities from2025 to 2034, Battery Recycling market players are directing investments toward acquiring new technologies, securing raw materials through efficient procurement and inventory management, enhancing product portfolios, and leveraging capabilities to sustain growth amidst challenging conditions. Regional-specific strategies are being emphasized due to highly varying economic and social challenges across countries.Factors such as global economic slowdown, the impact of geopolitical tensions, delayed growth in specific regions, and the risks of stagflation necessitate a vigilant and forward-looking approach among Battery Recycling industry players. Adaptations in supply chain dynamics and the growing emphasis on cleaner and sustainable practices further drive strategic shifts within companies.The market study delivers a comprehensive overview of current trends and developments in the Battery Recycling industry, complemented by detailed descriptive and prescriptive analyses for insights into the market landscape until 2034.North America Battery Recycling Market AnalysisThe North America Battery Recycling market experienced notable advancements in 2024, driven by the rapid adoption of cutting-edge technologies, increasing demand for sustainable and energy-efficient solutions, and robust investments in industrial modernization. The shift towards automation and digital transformation across manufacturing and logistics sectors is anticipated to drive significant growth from 2025 onwards, supported by stringent environmental regulations and government incentives promoting cleaner technologies. The competitive landscape remains dynamic, with key players focusing on R&D, product innovation, and strategic collaborations to gain a competitive edge. Moreover, the integration of smart technologies, such as IoT and AI, in industrial operations continues to reshape market dynamics, presenting lucrative opportunities for companies aiming to optimize productivity and sustainability.Europe Battery Recycling Market OutlookIn 2024, the Europe Battery Recycling market witnessed substantial growth fueled by the region's emphasis on renewable energy adoption, circular economy practices, and green manufacturing initiatives. With a strong policy framework supporting carbon neutrality goals and increasing investments in advanced production technologies, the market is poised for accelerated growth from 2025 onwards. Leading players are prioritizing sustainable product development and regional expansion to meet evolving consumer and industrial demands. Furthermore, the integration of automation in manufacturing and logistics, coupled with advancements in material engineering, is expected to drive innovation and bolster market competitiveness across the region.Asia-Pacific Battery Recycling Market ForecastThe Asia-Pacific Battery Recycling market demonstrated robust progress in 2024, underpinned by rapid industrialization, infrastructural development, and rising adoption of advanced manufacturing solutions across key economies like China, India, and Japan. Anticipated growth from 2025 will be supported by increasing foreign investments, a burgeoning middle class, and government initiatives to boost domestic manufacturing capabilities. The region's competitive landscape is characterized by the presence of both global and regional players focusing on cost-effective innovations and strategic partnerships to expand their footprint. Key drivers include the rising demand for energy-efficient systems, advancements in material science, and the growing emphasis on digitalization in industrial operations.Middle East, Africa, Latin America Battery Recycling Market OverviewThe Middle East, Africa, Latin America Battery Recycling market displayed steady growth in 2024, primarily driven by infrastructural development and industrial modernization in emerging economies across Latin America, the Middle East, and Africa. From 2025 onwards, growth is anticipated to gain momentum, propelled by rising investments in sustainable industrial solutions and the increasing adoption of automation to enhance operational efficiency. The competitive landscape is evolving, with regional players leveraging partnerships and technological advancements to cater to local demands. Key factors supporting market expansion include government initiatives aimed at industrial diversification, the rising focus on energy-efficient systems, and advancements in supply chain technologies.Battery Recycling Market Dynamics and Future AnalyticsThe research analyses the Battery Recycling parent market, derived market, intermediaries’ market, raw material market, and substitute market are all evaluated to better prospect the Battery Recycling market outlook. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Battery Recycling market projections.Recent deals and developments are considered for their potential impact on Battery Recycling's future business. Other metrics analyzed include the Threat of New Entrants, Threat of New Substitutes, Product Differentiation, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Battery Recycling market.Battery Recycling trade and price analysis helps comprehend Battery Recycling's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Battery Recycling price trends and patterns, and exploring new Battery Recycling sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Battery Recycling market.Battery Recycling Market Structure, Competitive Intelligence and Key Winning Strategies The report presents detailed profiles of top companies operating in the Battery Recycling market and players serving the Battery Recycling value chain along with their strategies for the near, medium, and long term period.OGAnalysis’ proprietary company revenue and product analysis model unveils the Battery Recycling market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Battery Recycling products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Battery Recycling market update to stay ahead of the competition.Company offerings in different segments across Asia-Pacific, Europe, the Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Battery Recycling market. The competition analysis enables users to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market share. Battery Recycling Market Research Scope• Global Battery Recycling market size and growth projections (CAGR), 2024- 2034• Policies of USA New President Trump, Russia-Ukraine War, Israel-Palestine, Middle East Tensions Impact on the Battery Recycling Trade and Supply-chain• Battery Recycling market size, share, and outlook across 5 regions and 27 countries, 2023- 2034• Battery Recycling market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2023- 2034• Short and long-term Battery Recycling market trends, drivers, restraints, and opportunities• Porter’s Five Forces analysis, Technological developments in the Battery Recycling market, Battery Recycling supply chain analysis• Battery Recycling trade analysis, Battery Recycling market price analysis, Battery Recycling supply/demand• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products• Latest Battery Recycling market news and developmentsThe Battery Recycling Market international scenario is well established in the report with separate chapters on North America Battery Recycling Market, Europe Battery Recycling Market, Asia-Pacific Battery Recycling Market, Middle East and Africa Battery Recycling Market, and South and Central America Battery Recycling Markets. These sections further fragment the regional Battery Recycling market by type, application, end-user, and country. Regional Insights North America Battery Recycling market data and outlook to 2034United StatesCanadaMexicoEurope Battery Recycling market data and outlook to 2034GermanyUnited KingdomFranceItalySpainBeNeLuxRussiaAsia-Pacific Battery Recycling market data and outlook to 2034ChinaJapanIndiaSouth KoreaAustraliaIndonesiaMalaysiaVietnamMiddle East and Africa Battery Recycling market data and outlook to 2034Saudi ArabiaSouth AfricaIranUAEEgyptSouth and Central America Battery Recycling market data and outlook to 2034BrazilArgentinaChilePeru* We can include data and analysis of additional coutries on demandWho can benefit from this researchThe research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways1. The report provides 2024 Battery Recycling market sales data at the global, regional, and key country levels with a detailed outlook to 2034 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.2. The research includes the Battery Recycling market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment3. The Battery Recycling market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business5. The study assists investors in analyzing Battery Recycling business prospects by region, key countries, and top companies' information to channel their investments.Available CustomizationsThe standard syndicate report is designed to serve the common interests of Battery Recycling Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication. However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.Some of the customization requests are as mentioned below –Segmentation of choice – Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice. Battery Recycling Pricing and Margins Across the Supply Chain, Battery Recycling Price Analysis / International Trade Data / Import-Export Analysis, Supply Chain Analysis, Supply – Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Battery Recycling market analyticsProcessing and manufacturing requirements, Patent Analysis, Technology Trends, and Product InnovationsFurther, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.Customization of up to 10% of the content can be done without any additional charges.Note: Latest developments will be updated in the report and delivered within 2 to 3 working days

Published:Feb-2025
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