Global Absorbent Glass Mat (AGM) Battery Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Recent Developments:

• In May 2019, the company opened its new distribution center in the Netherlands, which will be an innovation hub demonstrating new batteries, UPS, and energy storage technologies to its customers
• In April 2019, Battery Systems, Inc. (US) acquired the transportation branch network business of Exide Technologies. This acquisition will make BSI the exclusive distributor of Exide branded transportation batteries in the US, Canada, and the Caribbean.
• In July 2018, EnerSys entered into a four-year supply agreement with Navistar. This agreement will cover the supply of ODYSSEY® premium AGM batteries for both OE production as well as their dealer aftermarket program.

The global Absorbent Glass Mat (AGM) battery market can be segmented based on battery type, application, and end-user industry, reflecting the diverse uses and technological advancements driving market growth. Firstly, by battery type, AGM batteries are categorized into starter batteries and deep-cycle batteries. Starter batteries are primarily used in automotive applications, providing high burst of power for engine ignition and starting operations. These batteries are crucial for vehicles equipped with start-stop systems and hybrid electric vehicles (HEVs), offering enhanced reliability and longevity compared to traditional lead-acid batteries. Deep-cycle AGM batteries, on the other hand, are designed for continuous discharge and recharge cycles, making them ideal for applications such as renewable energy storage, telecommunications, and marine vessels where durability and reliability under cyclic conditions are paramount.

The segmentation by application highlights the diverse uses of AGM batteries across various sectors. Automotive applications dominate the market, driven by increasing vehicle electrification trends and stringent emissions regulations. AGM batteries support start-stop functionality, improving fuel efficiency and reducing vehicle emissions. In industrial applications, AGM batteries serve as backup power sources for critical equipment and emergency lighting systems due to their maintenance-free operation and long service life. The telecommunications sector relies on AGM batteries to maintain uninterrupted power supply for communication infrastructure, ensuring reliability and operational continuity.

By end-user industry, the AGM battery market encompasses automotive, industrial, commercial, and residential sectors. Automotive applications account for a significant share, driven by the adoption of start-stop technology and the growth of hybrid and electric vehicles globally. Industrial sectors utilize AGM batteries for uninterrupted power supply in manufacturing plants, data centers, and renewable energy installations. Commercial applications include AGM batteries used in emergency lighting, uninterruptible power supplies (UPS), and electric forklifts, while residential uses encompass energy storage for solar power systems and backup power solutions for home appliances during power outages.

Global Absorbent Glass Mat (AGM) Battery Segment Analysis

In this report, The Global Absorbent Glass Mat (AGM) Battery Market Has Been Segmented By Type, End User, Application And Geography.

Global Absorbent Glass Mat (AGM) Battery Market, Segmentation by Type

The Global Absorbent Glass Mat (AGM) Battery Market has been segmented by Type into Stationary and Motive.

The stationary AGM batteries are designed for long-term, uninterrupted power supply in applications where reliability and durability are critical. These batteries find extensive use in telecommunications, data centers, renewable energy storage systems, and emergency backup power solutions. Stationary AGM batteries are preferred for their maintenance-free operation, high energy density, and ability to withstand frequent deep discharges, making them suitable for demanding industrial and commercial environments where continuous power availability is essential.

In contrast, motive AGM batteries are specifically engineered for mobile applications, predominantly within the automotive and transportation sectors. These batteries power electric vehicles (EVs), hybrid electric vehicles (HEVs), and light electric vehicles (LEVs), providing efficient energy storage solutions for propulsion systems. Motive AGM batteries are characterized by their ability to deliver high bursts of power for acceleration and braking, supporting enhanced vehicle performance and fuel efficiency. They are integral to start-stop systems in modern vehicles, where they enable seamless engine restarts and reduce fuel consumption and emissions during idle periods.

Both stationary and motive AGM batteries benefit from advancements in battery technology, including improved electrode materials and enhanced manufacturing processes that enhance energy efficiency, cycle life, and safety features. The growing demand for clean energy solutions and the electrification of transport are key drivers propelling the AGM battery market forward. As industries strive to reduce carbon footprints and enhance operational efficiency, AGM batteries play a crucial role in supporting sustainable energy practices and meeting stringent regulatory standards worldwide.

Global Absorbent Glass Mat (AGM) Battery Market, Segmentation by End User

The Global Absorbent Glass Mat (AGM) Battery Market has been segmented by End User into OEM and Aftermarket.

OEMs represent a significant portion of the AGM battery market, particularly in sectors such as automotive, telecommunications, and renewable energy systems. AGM batteries are integrated into original equipment by manufacturers during the production of vehicles, telecommunications equipment, uninterruptible power supplies (UPS), and other machinery. OEM adoption of AGM batteries is driven by their superior performance characteristics, including high energy density, longer lifespan, and maintenance-free operation, which meet stringent performance requirements and enhance product reliability.

The aftermarket segment of the AGM battery market caters to replacement and upgrade needs across diverse industries. As AGM batteries age or reach the end of their lifecycle, they are replaced by consumers, fleet operators, and maintenance professionals seeking reliable battery solutions. The aftermarket demand for AGM batteries is fueled by factors such as vehicle maintenance and repair services, battery replacement cycles, and upgrades to enhance performance and efficiency. Consumers in the aftermarket segment often choose AGM batteries for their durability, safety features, and compatibility with a wide range of applications from automotive vehicles to marine vessels and industrial equipment.

Both OEM and aftermarket segments contribute to the growth and innovation within the AGM battery market. OEMs drive initial adoption and integration of AGM technology into new products, while the aftermarket segment ensures ongoing demand and opportunities for manufacturers and distributors to provide high-quality replacement batteries and value-added services. The segmentation of the AGM battery market into OEM and aftermarket reflects distinct customer needs, product lifecycles, and market dynamics that influence industry strategies and investments in advancing battery technology for future applications.

Global Absorbent Glass Mat (AGM) Battery Market, Segmentation by Application

The Global Absorbent Glass Mat (AGM) Battery Market has been segmented by Application into Automotive, UPS, Industrial and Energy Storage.

The automotive applications constitute a significant segment, driven by the rising adoption of start-stop technology and hybrid electric vehicles (HEVs). AGM batteries in automotive applications provide efficient energy storage for start-stop systems, offering quick engine restarts and enhanced fuel efficiency. These batteries also support conventional vehicles and electric vehicles (EVs) as auxiliary power sources, ensuring reliable performance and reduced emissions in urban and highway driving conditions.

UPS (Uninterruptible Power Supply) systems represent another critical application segment for AGM batteries, particularly in industries requiring continuous power backup for critical operations. AGM batteries in UPS systems provide reliable energy storage solutions for data centers, telecommunications infrastructure, healthcare facilities, and industrial plants. The batteries' ability to deliver consistent power during electrical grid failures or fluctuations ensures operational continuity, protects sensitive equipment from power surges, and minimizes downtime, thus supporting uninterrupted service delivery and business continuity.

In the industrial sector, AGM batteries serve various applications ranging from emergency lighting and security systems to material handling equipment and renewable energy storage. These batteries are preferred for their maintenance-free operation, long cycle life, and ability to withstand harsh environmental conditions. AGM batteries in industrial settings ensure reliable power supply for essential equipment and machinery, enhancing operational efficiency and productivity. In energy storage applications, AGM batteries play a crucial role in storing surplus energy generated from renewable sources such as solar and wind power. They enable efficient energy management, grid stabilization, and integration of renewable energy into the electricity network, supporting sustainable development goals and reducing reliance on fossil fuels.

Global Absorbent Glass Mat (AGM) Battery Market, Segmentation by Geography

In this report, the Global Absorbent Glass Mat (AGM) Battery Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Absorbent Glass Mat (AGM) Battery Market Share (%), by Geographical Region, 2023

North America represents a mature market for AGM batteries, characterized by a strong presence of automotive, industrial, and renewable energy sectors. AGM batteries are widely used in automotive applications due to their reliability, maintenance-free operation, and ability to withstand harsh conditions. The region's focus on vehicle electrification, hybrid technologies, and energy storage solutions continues to drive demand for AGM batteries in automobiles, motorcycles, and specialty vehicles. AGM batteries play a crucial role in backup power systems and renewable energy storage applications across various industries in North America.

In Europe, stringent environmental regulations and sustainability initiatives promote the adoption of AGM batteries in automotive and industrial sectors. Countries like Germany, France, and the United Kingdom are at the forefront of implementing clean energy policies and promoting electric vehicles (EVs), boosting demand for AGM batteries as auxiliary power sources and start-stop systems in automobiles. The region's emphasis on energy efficiency and reducing carbon emissions drives investments in AGM technology for renewable energy storage and uninterruptible power supply (UPS) applications.

Asia Pacific emerges as a rapidly expanding market for AGM batteries, driven by urbanization, industrialization, and increasing investments in automotive production and infrastructure development. Countries such as China, Japan, South Korea, and India witness robust demand for AGM batteries in automotive OEMs, telecommunications, and data centers. The region's growing population and rising disposable incomes fuel consumer demand for reliable energy storage solutions, propelling the adoption of AGM batteries in residential and commercial sectors.

This report provides an in depth analysis of various factors that impact the dynamics of Global Absorbent Glass Mat (AGM) Battery Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Automotive applications
• Energy efficiency

• Renewable energy : Renewable energy integration represents a significant growth driver for the global Absorbent Glass Mat (AGM) battery market, as these batteries play a crucial role in storing and managing electricity generated from renewable sources such as solar and wind power. AGM batteries are preferred for their ability to efficiently store and discharge energy, making them well-suited for applications requiring reliable and sustainable energy storage solutions. In renewable energy systems, AGM batteries help mitigate intermittency issues associated with solar and wind power generation by storing surplus electricity during peak production periods and releasing it during periods of low or no generation, thereby ensuring continuous and stable electricity supply.

  AGM batteries are widely used in off-grid and grid-connected solar photovoltaic (PV) systems, where they store excess solar energy for use during nighttime or periods of low sunlight. These batteries enhance the reliability and efficiency of solar power installations, enabling homeowners, businesses, and communities to reduce reliance on conventional grid electricity and achieve greater energy independence. AGM batteries contribute to grid stabilization by providing frequency regulation and voltage support, which are critical for maintaining the stability and reliability of electricity grids with high penetration of renewable energy sources.

  AGM batteries play a vital role in microgrid and remote power applications, where they serve as primary energy storage solutions for isolated communities, military installations, and telecommunications facilities. These batteries support the integration of renewable energy into microgrid networks, offering reliable backup power during grid outages and enhancing energy resilience in challenging environments. As global efforts to combat climate change intensify and renewable energy deployment expands, the demand for AGM batteries is expected to grow, driven by their proven performance, durability, and cost-effectiveness in supporting sustainable energy solutions worldwide.

Restraints

• Cost constraints
• Limited energy density

• Performance limitations : The global absorbent glass mat (AGM) battery market faces several performance limitations that can impact their application and adoption across various industries. One significant limitation is their relatively lower energy density compared to other types of batteries, such as lithium-ion batteries. AGM batteries are designed primarily for applications that require reliable power delivery and deep cycling capabilities rather than maximizing energy storage capacity per unit weight or volume. This characteristic restricts their suitability for certain high-energy-density applications, such as electric vehicles (EVs) where maximizing range and efficiency are critical.

  Another performance limitation of AGM batteries is their sensitivity to high temperatures and thermal management requirements. AGM batteries can experience accelerated degradation and reduced lifespan when exposed to extreme temperatures or subjected to frequent temperature fluctuations. This limitation necessitates careful consideration of operating conditions and thermal management strategies to maintain optimal battery performance and longevity, particularly in automotive, industrial, and renewable energy applications where reliability and durability are paramount.

  AGM batteries have specific charging and discharging limitations compared to other battery technologies. They may exhibit higher internal resistance, especially as they age or undergo frequent deep cycling, which can affect their efficiency and performance over time. AGM batteries require appropriate charging profiles and maintenance to prevent issues such as sulfation, which can reduce battery capacity and compromise performance. These limitations influence the design and operational considerations in applications requiring consistent and reliable battery performance, such as standby power systems, telecommunications, and uninterruptible power supplies (UPS).

Opportunities

• Automotive applications
• Renewable energy

• Backup power : Backup power solutions utilizing Absorbent Glass Mat (AGM) batteries represent a crucial application area within the global energy storage market. AGM batteries are highly valued for their ability to provide reliable backup power in various critical applications, ensuring uninterrupted operation during electrical grid failures or fluctuations. These batteries are widely deployed in both residential and commercial settings where continuous power supply is essential for maintaining productivity, safety, and operational efficiency.

  In commercial environments such as data centers, telecommunication facilities, and healthcare institutions, AGM batteries serve as integral components of UPS (Uninterruptible Power Supply) systems. These systems utilize AGM batteries to store energy and deliver immediate power in the event of mains power interruptions. AGM batteries in UPS systems protect sensitive electronic equipment from power surges and fluctuations, preventing data loss, equipment damage, and downtime. The reliable backup power capability of AGM batteries supports critical infrastructure and ensures seamless operations, particularly in industries where uninterrupted service delivery is paramount.

  AGM batteries play a vital role in residential backup power solutions, providing homeowners with reliable electricity supply during grid outages or emergencies. AGM battery-based backup systems integrate with renewable energy sources such as solar panels, enabling households to store surplus energy for use when sunlight is unavailable or during peak demand periods. These systems enhance energy self-sufficiency, reduce dependence on utility grids, and support sustainability goals by optimizing energy consumption and minimizing carbon footprint. AGM batteries' durability, maintenance-free operation, and ability to withstand varying environmental conditions make them ideal for residential backup power applications, ensuring peace of mind and comfort for homeowners during unforeseen power disruptions.

Key players in Global Absorbent Glass Mat (AGM) Battery Market include:

• Clarios (US)
• Power Sonic Corporation (US)
• Exide Technologies (US)
• C&D Technologies (US)
• East Penn Manufacturing Company (US)
• Universal Power Group (US)
• Fullriver Battery (US)
• EnerSys (US)

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis