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AGM Battery Market Share

Report ID: GMI6181
Published Date: Jul 2023
Report Format: PDF

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Absorbent Glass Mat (AGM) Battery Market Share

Key players operating across the AGM battery market include

Clarios
GS Yuasa International Ltd.
East Penn Manufacturing Company
C&D Technologies Inc.
leoch International Technology Limited Inc
HOPPECKE Batterien GmbH & Co. KG
THE FURUKAWA BATTERY CO. LTD.
FIRST NATIONAL BATTERY
Shandong Sacred Sun Power Sources Co.ltd.
ENERSYS
Exide Technologies
Mutlu Battery
Amara Raja Batteries Ltd
CROWN BATTERY

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of AGM battery was valued at over USD 15.6 billion in 2023 and is anticipated to cross USD 20.1 billion by 2032, on account of the increasing demand for automotive start-stop systems across the globe.

The SLI application segment held approximately 68% of the market share in 2022 and is likely to grow at a CAGR of 2.6% through 2032. As vehicle owners seek batteries that deliver reliable and consistent performance, the demand for AGM batteries in SLI applications increases.

Asia Pacific AGM battery market is expected to witness a substantial growth at a CAGR of over 3% through 2032, owing to the growing automotive industry along with ongoing urbanization and industrialization in the region.

C&D Technologies, Inc., leoch International Technology Limited Inc, HOPPECKE Batterien GmbH & Co. KG, THE FURUKAWA BATTERY CO., LTD., FIRST NATIONAL BATTERY, Shandong Sacred Sun Power Sources Co., Ltd. among others.