Absorbent Glass Mat (AGM) Battery Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

By 2028, the market size of absorbent glass mat batteries will reach US $ 14.6 billion, and by 2020 it will reach US $ 10.3 billion, with a healthy growth rate of more than 5% over the forecast period 2022-2028. The Absorbent Glass Matte Battery market is to witness significant growth during the forecast period due to advantages such as excellent electrical reliability and deep cycle capability. In addition, the easy recyclability of these batteries is another factor driving the market growth. However, growing preference for other effective alternatives in energy storage space could hamper the growth of the Absorbent Glass Matte Battery market during the forecast period. Nevertheless, the data center’s high-capacity storage requirements provide a profitable growth outlook for major players in the absorbent glass matte battery market in the future.

Company Profile

• Robert Bosch GmbH
• Duracell,
• Exide
• Trojan Batteries
• AMARON QUANTA
• ODYSSEY batteries
• Adventure Power
• Johnson Controls
• MK Battery
• Defender Industries

Market Segmentation

By Type:

• Stationary
• Motive

By Voltage:

• 2–4 Volts
• 6–8 Volts
• 12 Volts & above

By End User

• OEM
• Aftermarket

By Application

• Automotive
• UPS
• Industrial
• Energy Storage

Scope of the Report

The research study analyzes the Absorbent Glass Mat (AGM) Battery industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Absorbent Glass Mat (AGM) Battery Market Report

1. What was the Absorbent Glass Mat (AGM) Battery Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Absorbent Glass Mat (AGM) Battery Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Absorbent Glass Mat (AGM) Battery Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.