"In-Depth Study on Executive Summary Automotive Absorbent Glass Mat (AGM) Battery Market Size and Share

Data Bridge Market Research analyses that the automotive absorbent glass mat (AGM) battery market was valued at USD 14859.37 million in 2022 and is expected to reach the value of USD 23152.64 million by 2030, at a CAGR of 5.70% during the forecast period.

The world class Automotive Absorbent Glass Mat (AGM) Battery Market business report presents with the continual knowledge and information of transforming market landscape, what already exists in the market, future trends, the market expectations, the competitive environment, and strategies that can be planned to outperform the competitors. By focusing on the market conditions and market trends, market research study is initiated depending on client’s requirements. Along with thorough competitive analysis, Automotive Absorbent Glass Mat (AGM) Battery Market report also provides company profiles and contact information of the key market players in the key manufacturer’s section. Even the clear research studies are carried out devotedly to offer an excellent market research report for certain niche.

Automotive Absorbent Glass Mat (AGM) Battery Market research report provides thorough idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics. This market report is structured by taking into account several factors of the present and upcoming market scenario. The market research report has everything in detail that serves the business purpose and gives a competitive advantage. An expert team conducts systematic, object-oriented and complete market research study to provide with the facts associated with any subject in the field of Market via the winning Automotive Absorbent Glass Mat (AGM) Battery Market report.

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Automotive Absorbent Glass Mat (AGM) Battery Market Landscape

• Segments*
• By Vehicle Type: The automotive AGM battery market can be segmented into passenger cars, commercial vehicles, and electric vehicles. Passenger cars are expected to dominate the market due to the increasing demand for fuel-efficient and low-emission vehicles.
• By Sales Channel: The market can be segmented into original equipment manufacturer (OEM) and aftermarket sales channels. OEM sales are projected to hold a significant share as automakers are focusing on integrating advanced battery technologies into their vehicles.
• By Application: Application segments include start-stop systems, hybrid systems, and electric powertrains. The start-stop system segment is anticipated to witness substantial growth owing to stringent fuel efficiency regulations globally.
• Market Players*
• Johnson Controls: A key player in the automotive AGM battery market, Johnson Controls offers a range of AGM batteries known for their performance and reliability.
• Exide Technologies: Exide Technologies is another prominent player that provides AGM batteries for automotive applications, catering to the growing demand for energy-efficient solutions.
• East Penn Manufacturing Company: Known for its quality automotive batteries, East Penn Manufacturing Company has a significant presence in the AGM battery market with a focus on innovation and sustainability.
• C&D Technologies: C&D Technologies is a leading supplier of AGM batteries for various industries, including automotive, leveraging advanced technology for higher efficiency.
• EnerSys: EnerSys offers a diverse portfolio of AGM batteries suitable for automotive use, emphasizing durability and long service life.

The global automotive absorbent glass mat (AGM) battery market is witnessing significant growth due to the rising adoption of electric vehicles, increasing automotive production, and stringent emission regulations. AGM batteries are preferred for their enhanced performance, longer lifespan, and maintenance-free operation, driving their demand in the automotive sector. Key market players are focusing on research and development activities to introduce technologically advanced products, further fueling market growth. To read more about the market analysis, visit .The global automotive absorbent glass mat (AGM) battery market is poised for robust growth in the coming years, driven by a confluence of factors shaping the automotive industry landscape. One of the primary drivers of this growth is the escalating adoption of electric vehicles (EVs) across the globe. With a growing emphasis on reducing carbon emissions and advancing towards sustainable mobility solutions, EVs have garnered significant traction among consumers and policymakers alike. AGM batteries, known for their high performance and reliability, are well-suited for use in electric vehicles, further propelling their demand in the market.

Moreover, the expanding automotive production globally is also contributing to the surge in demand for AGM batteries. As the automotive industry witnesses steady growth and technological advancements, there is a heightened need for energy-efficient solutions that can enhance vehicle performance and efficiency. AGM batteries, with their longer lifespan and maintenance-free operation, are proving to be indispensable components in modern vehicles, thereby driving their uptake among automakers.

Additionally, stringent emission regulations imposed by governments worldwide are playing a pivotal role in shaping the automotive AGM battery market. With an increasing focus on reducing carbon footprint and curbing pollution, automakers are under pressure to comply with stringent emission standards. AGM batteries offer a viable solution for meeting these regulatory requirements, as they contribute to improving fuel efficiency and reducing vehicle emissions, making them integral to achieving compliance with environmental norms.