Absorbent Glass Mat Battery Market is expected to Grow with a CAGR of 8.21% through 2030
The Absorbent Glass Mat (AGM)
Battery Market is driven by increasing demand for reliable, maintenance-free
power solutions in automotive, renewable energy, and industrial applications,
along with advancements in battery efficiency and durability.
According to TechSci Research
report, “Absorbent Glass Mat Battery Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global Absorbent Glass Mat Battery Market was valued at USD 30.78 billion in 2024 and is expected to reach USD 49.86 billion by 2030 with a CAGR of 8.21% during the forecast period. The increasing adoption of renewable energy sources, particularly solar and wind power, is significantly driving the demand for Absorbent Glass Mat batteries. As countries and corporations focus on reducing their carbon footprint, renewable energy projects are expanding, requiring efficient energy storage solutions. AGM batteries offer a reliable, maintenance-free, and deep-cycle performance, making them well-suited for energy storage applications. Unlike traditional flooded lead-acid batteries, AGM batteries are sealed, spill-proof, and have a lower self-discharge rate, making them ideal for off-grid solar and backup power systems. The ability of AGM batteries to provide consistent power output and faster charge times compared to conventional batteries enhances their suitability for renewable energy applications. Additionally, governments worldwide are implementing policies and incentives to promote clean energy adoption, further fueling the growth of the AGM battery market.
With the global shift toward sustainable energy storage solutions, key industry players are investing in technological advancements to improve AGM battery efficiency, longevity, and energy density. The Asia-Pacific region, particularly China, India, and Japan, is witnessing a surge in renewable energy installations, leading to a heightened demand for AGM batteries in both residential and commercial sectors. Moreover, the increasing prevalence of microgrid systems and hybrid energy solutions integrating solar, wind, and AGM battery storage is reinforcing market expansion. With ongoing research and development (R&D) efforts, next-generation AGM batteries are expected to feature enhanced charge cycles, improved thermal stability, and higher capacity, making them even more competitive in the energy storage segment. As renewable energy adoption continues to grow globally, the AGM battery market is poised for significant expansion, with manufacturers focusing on innovation and strategic partnerships to cater to the evolving energy storage landscape.
Browse over XX Market data
Figures spread through XX Pages and an in-depth TOC on the "Global
Absorbent Glass Mat Battery Market.”
Based on the Plate Design,
the Flat Plate segment held the largest Market share in 2024. The Absorbent
Glass Mat (AGM) Battery Market in the Flat Plate segment is witnessing
significant growth, driven by increasing demand for reliable and
maintenance-free energy storage solutions across diverse industries. One of the
key drivers is the rising adoption of AGM batteries in automotive applications,
particularly in start-stop vehicle technology and electric vehicles (EVs). Flat
plate AGM batteries offer superior charge acceptance, deep cycling
capabilities, and enhanced durability, making them ideal for modern vehicles
that require stable and high-performance energy storage. The expansion of
renewable energy projects, including solar and wind power systems, is further
propelling demand, as AGM batteries provide efficient energy storage and backup
power for off-grid and hybrid energy solutions. Additionally, the growing
telecommunications sector is increasing the need for dependable battery backup
systems, where flat plate AGM batteries play a crucial role in ensuring
uninterrupted power supply for communication towers and data centers
The market is also benefiting
from the expanding industrial and commercial sectors, where AGM batteries are
widely used in uninterruptible power supply (UPS) systems, backup power for
critical infrastructure, and material handling equipment such as forklifts. The
rising focus on energy efficiency and sustainability has led to increased
investments in AGM technology, particularly in applications requiring low
internal resistance and fast recharge capabilities. Governments and regulatory
bodies across various regions are promoting the adoption of environmentally
friendly and maintenance-free batteries, further supporting market expansion.
The increasing electrification of transportation and marine industries is also
a significant growth driver, as flat plate AGM batteries offer robust
performance in harsh environmental conditions and require minimal maintenance,
making them ideal for marine, RVs, and military applications.
Moreover, the technological
advancements in AGM battery design are enhancing the performance of flat plate
batteries, making them more compact, lightweight, and efficient. Leading
battery manufacturers are focusing on product innovation, cost optimization,
and expanding their production capacity to meet the growing demand across
various industries. The Asia-Pacific region is emerging as a key growth market,
driven by the expanding automotive sector, increasing industrialization, and
rising investments in renewable energy infrastructure. Countries such as China,
India, and Japan are witnessing high adoption rates of AGM flat plate batteries
due to their suitability for high-temperature environments and superior deep
discharge recovery capabilities.
Additionally, the market is
seeing a shift towards advanced AGM batteries with improved cycle life,
enhanced vibration resistance, and superior energy density, making them a
preferred choice over traditional flooded lead-acid batteries. The increasing
focus on reducing carbon emissions and promoting green energy solutions is
further driving the demand for AGM batteries in energy storage applications.
The rising number of data centers and the growth of the IoT ecosystem are
creating new opportunities for flat plate AGM batteries, as they provide
reliable backup power for critical digital infrastructure. As industries
continue to seek durable, high-performance, and cost-effective battery
solutions, the Absorbent Glass Mat Battery Market in the Flat Plate segment is
expected to witness sustained growth, driven by continuous advancements in
battery technology, expanding industrial applications, and increasing
regulatory support for energy-efficient power storage solutions.
Based on region, The Asia
Pacific region is emerging as the fastest-growing market for Absorbent Glass
Mat (AGM) batteries, driven by rapid industrialization, urbanization, and
increasing energy storage needs across key sectors. Countries such as China, India,
Japan, and South Korea are witnessing strong demand due to the expansion of
automotive, renewable energy, telecommunications, and industrial applications.
The rising adoption of electric vehicles (EVs) and hybrid vehicles, supported
by government incentives and environmental regulations, is a major growth
driver. Additionally, the increasing reliance on uninterrupted power supply
(UPS) systems in data centers and telecom networks is fueling market expansion.
Investments in renewable energy infrastructure, particularly solar and wind
power storage, further create growth opportunities for AGM batteries due to
their high efficiency and deep cycling capabilities. The presence of leading
battery manufacturers and technological advancements in the region enhances
production scalability and cost competitiveness. Furthermore, the shift towards
sustainable energy storage solutions and battery recycling initiatives is
expected to drive long-term demand. As Asia Pacific continues to dominate the
global energy transition, companies investing in advanced AGM battery
solutions, localized manufacturing, and strategic partnerships will be
well-positioned to capitalize on this high-growth market.
Major companies operating in
the Global Absorbent Glass Mat Battery Market are:
- Exide Technologies
- GS Yuasa Corporation
- Hitachi Ltd.
- Amara Raja Group
- HBL Power Systems Ltd.
- Crown Battery
- leoch International
Technology Limited Inc.
- LG Chem, Ltd.
- EnerSys
- Panasonic Corporation
Download Free Sample Report
Customers can also request
10% free customization in this report.
“The Global Absorbent Glass
Mat Battery Market is expected to rise in the upcoming years and register a
significant CAGR during the forecast period. The Absorbent Glass Mat (AGM)
Battery Market is poised for significant expansion, driven by the increasing
demand for high-performance, maintenance-free energy storage solutions across
multiple industries. The automotive sector, particularly the rise of electric
and hybrid vehicles, is a key growth driver, leveraging AGM batteries for their
deep cycling capabilities and durability. Additionally, the renewable energy,
telecommunications, and industrial sectors are accelerating adoption, driven by
the need for reliable backup power solutions. The growing reliance on UPS
systems in data centers and telecom networks further enhances market potential.
Advancements in battery efficiency, sustainability, and recycling technologies
will continue to create long-term growth opportunities. Therefore, the Market
of Absorbent Glass Mat Battery is expected to boost in the upcoming years.,”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Absorbent
Glass Mat Battery Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, Segmented, By Type (Stationary, Motive, Others), By Application
(Telecom, UPS, Utility, Emergency Lighting, Security Systems, Cable
Television/Broadcasting, Others), By Plate Design (Flat Plate, Tubular Plate,
Others), By End-User Industry (Telecom, Railways, Infrastructure, Power,
Datacenters, Others), By Region, By Competition, 2020-2030F”, has evaluated the future
growth potential of Global Absorbent Glass Mat Battery Market and provides
statistics & information on the Market size, structure, and future Market
growth. The report intends to provide cutting-edge Market intelligence and help
decision-makers make sound investment decisions., The report also identifies
and analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Global Absorbent Glass Mat Battery Market.
Contact
Techsci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States-
10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com