The Absorbent Glass Mat (AGM) Battery Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Absorbent Glass Mat (AGM) Battery Market?
The market size for Absorbent Glass Mat (AGM) Battery has seen consistent growth over the years. It is projected to increase from $13.83 billion in 2024 to $14.48 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 4.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Absorbent Glass Mat (AGM) Battery Industry?
The market for Absorbent Glass Mat (AGM) batteries is expected to reach $17.19 billion in 2029, with a compound annual growth rate (CAGR) of 4.4%.
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What are the Key Growth Drivers Fueling the Absorbent Glass Mat (AGM) Battery Market?
The drivers in the absorbent glass mat (agm) battery market are:
• Growing adoption of electric vehicles, industrial automation, and robotics
• Expansion of data centers and cloud computing capabilities
• Increase in renewable energy storage solutions
• Rapid global urbanization and economic growth
Global Market Segmentation: Identifying Major Absorbent Glass Mat (AGM) Battery Industry Segments
The absorbent glass mat (AGM) battery market covered in this report is segmented –
1) By Type: Stationary, Motive
2) By Voltage: 2-4 Volts, 6-8 Volts, 12 Volts And Above
3) By Application: Automotive, UPS (Uninterruptible Power Supply), Industrial, Energy Storage, Other Applications
4) By End User: OEM (Original Equipment Manufacturers), Aftermarket
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What are the emerging Trends Shaping the Future of the Absorbent Glass Mat (AGM) Battery Market?
The trends in the absorbent glass mat (agm) battery market are:
• The AGM battery market is experiencing a surge in renewable energy integration.
• There is a rising trend of utilizing AGM batteries for residential energy storage solutions.
• Industrial applications of AGM batteries are witnessing an increase in demand.
• The growth in the military and aerospace sector along with smart grid and energy management systems is shaping the future of AGM battery market.
Who Are the Top Competitors & Leading Players in the Absorbent Glass Mat (AGM) Battery Market?
The major players in the absorbent glass mat (agm) battery market are:
• Robert Bosch LLC
• Universal Power Group
• Camel Group Co
Regional Dominance: Which Area Leads the Global Absorbent Glass Mat (AGM) Battery Market Trends 2025: Detailed Report on Market Size & Projections Market?
Asia-Pacific was the largest region in the absorbent glass mat (AGM) battery market in 2023
