Global Absorbent Glass Mat (AGM) Battery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Stationary and MotiveBy Voltage Range;
6 Volts, 12 Volts, and OthersBy Application;
Automotive, UPS, Industrial, and Energy StorageBy End User;
OEM and AftermarketBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Absorbent Glass Mat (AGM) Battery Market Overview
Absorbent Glass Mat (AGM) Battery Market (USD Million)
Absorbent Glass Mat (AGM) Battery Market was valued at USD 13,261.24 million in the year 2024. The size of this market is expected to increase to USD 19,419.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.
Global Absorbent Glass Mat (AGM) Battery Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 5.6 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.6 % |
Market Size (2024) | USD 13,261.24 Million |
Market Size (2031) | USD 19,419.21 Million |
Market Concentration | Medium |
Report Pages | 371 |
Major Players
- Clarios
- Power Sonic Corporation
- Exide Technologies
- C&D Technologies
- East Penn Manufacturing Company
- Universal Power Group
- Fullriver Battery
- EnerSys
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Absorbent Glass Mat (AGM) Battery Market
Fragmented - Highly competitive market without dominant players
The Absorbent Glass Mat (AGM) Battery Market is witnessing significant traction owing to rising demand for maintenance-free energy storage solutions. These batteries offer enhanced reliability, longer service life, and better resistance to vibration, which has driven their appeal across multiple applications. Over the past few years, market penetration has surged by over 28%, with adoption accelerating in both traditional and emerging sectors.
Technology Advancements Driving Growth
Innovative developments in battery design and performance efficiency have fueled the market’s growth momentum. AGM batteries are increasingly preferred for their spill-proof construction, higher energy density, and superior charge retention. This has led to a noticeable shift in user preference, with technological integration increasing by 32% across various use cases such as start-stop vehicles and backup power systems.
Expanding Application Base
The versatility of AGM batteries in powering automotive, industrial, and telecom equipment is a key factor supporting their expansion. Their ability to deliver consistent performance in deep cycling conditions has led to a 36% rise in demand from end-users seeking dependable power backup and grid-independent operations. Enhanced suitability for solar and off-grid systems also adds to their market value.
Sustainability and Energy Efficiency Trends
The shift toward sustainable energy solutions has bolstered demand for AGM batteries as they support lower emissions and better recyclability. These batteries are being widely integrated into green energy ecosystems, with a 40% increase in deployment in eco-centric industries. Their alignment with carbon reduction goals and environmental policies further enhances their market relevance.
Absorbent Glass Mat (AGM) Battery Market Recent Developments
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In October 2023, EnerSys formed a strategic partnership with Blink Charging to deliver advanced AGM battery solutions for EV charging stations, boosting power reliability and accelerating EV infrastructure deployment.
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In February 2022, East Penn Manufacturing upgraded its AGM battery production facility by adding new automated manufacturing lines to increase capacity for rising demand in the automotive and industrial sectors.
Absorbent Glass Mat (AGM) Battery Market Segment Analysis
In this report, The Absorbent Glass Mat (AGM) Battery Market Has Been Segmented By Type, Voltage Range, Application, End User, and Geography.
Absorbent Glass Mat (AGM) Battery Market, Segmentation by Type
The Absorbent Glass Mat (AGM) Battery Market has been segmented by Type into Stationary and Motive.
Stationary
The stationary segment dominates the Absorbent Glass Mat (AGM) Battery Market, accounting for over 60% of the global share. These batteries are primarily used in backup power systems, telecommunication towers, and uninterruptible power supplies (UPS). Their low maintenance and long service life make them ideal for fixed-location applications. Demand continues to rise with the expansion of renewable energy storage and data center infrastructure.
Motive
The motive segment holds a growing share of around 40% in the AGM Battery Market. These batteries are used to power electric vehicles (EVs), forklifts, and other material handling equipment. Their high discharge rate and vibration resistance make them suitable for mobility applications. Rising emphasis on clean transportation and warehouse automation is significantly boosting the adoption of AGM batteries in this category.
Absorbent Glass Mat (AGM) Battery Market, Segmentation by Voltage Range
The Absorbent Glass Mat (AGM) Battery Market has been segmented by Voltage Range into 6 Volts, 12 Volts, and Others
6 Volts
The 6 Volts segment caters to niche applications, contributing approximately 25% to the AGM Battery Market. These batteries are primarily used in recreational vehicles, golf carts, and certain solar backup systems. Their lower voltage configuration makes them suitable for deep-cycle performance and longer runtime in compact devices.
12 Volts
The 12 Volts segment leads the market with a share of over 60%, driven by its extensive use in automotive starting systems, UPS units, and marine applications. Known for their versatility and reliability, 12V AGM batteries are widely adopted for both starting and deep-cycle functions in various industries.
Others
The Others segment, comprising voltage configurations beyond 6V and 12V, accounts for nearly 15% of the market. These batteries are often custom-built for industrial systems, high-voltage solar installations, and specialized electric mobility solutions. The demand for higher-capacity AGM batteries is growing in tandem with energy storage innovation.
Absorbent Glass Mat (AGM) Battery Market, Segmentation by Application
The Absorbent Glass Mat (AGM) Battery Market has been segmented by Application into Automotive, UPS, Industrial and Energy Storage.
Automotive
The automotive segment dominates the AGM Battery Market, holding over 40% share. These batteries are widely used in start-stop vehicle systems, luxury cars, and motorcycles due to their high performance and resistance to vibration. The increasing shift toward fuel-efficient vehicles continues to drive growth in this segment.
UPS
The UPS segment accounts for approximately 25% of the market, driven by growing demand for uninterrupted power solutions in commercial buildings, data centers, and hospitals. AGM batteries are favored in UPS systems for their low maintenance, high reliability, and sealed design that ensures safety and longevity.
Industrial
The industrial application segment contributes nearly 20% to the AGM Battery Market. These batteries are employed in heavy-duty machinery, railway systems, and manufacturing facilities where ruggedness and power consistency are crucial. Their durability under harsh conditions makes them a preferred choice for industrial operations.
Energy Storage
Energy storage applications make up around 15% of the market. AGM batteries are increasingly used in renewable energy systems, off-grid installations, and residential backup power setups. The rising adoption of solar and wind power is accelerating the deployment of AGM batteries in energy storage solutions.
Absorbent Glass Mat (AGM) Battery Market, Segmentation by End User
The Absorbent Glass Mat (AGM) Battery Market has been segmented by End User into OEM and Aftermarket.
OEM
The OEM segment accounts for over 55% of the AGM Battery Market, driven by rising adoption in automotive manufacturing, industrial equipment, and power systems. Original equipment manufacturers prefer AGM batteries for their long life and maintenance-free operation, aligning with the growing demand for reliable factory-fitted energy storage solutions.
Aftermarket
The aftermarket segment represents around 45% of the market, supported by the steady demand for replacement batteries across vehicles, UPS systems, and residential setups. The aging of existing battery units and increasing awareness of AGM battery benefits are contributing to the segment’s sustained growth.
Absorbent Glass Mat (AGM) Battery Market, Segmentation by Geography
In this report, the 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.
Regions and Countries Analyzed in this Report
Absorbent Glass Mat (AGM) Battery Market Share (%), by Geographical Region
North America
North America holds a significant share of over 25% in the AGM Battery Market, led by robust demand from the automotive sector, data centers, and renewable energy storage. The U.S. remains a key contributor due to its advanced infrastructure and early adoption of energy-efficient technologies.
Europe
Europe accounts for approximately 30% of the market, driven by strong regulations promoting clean energy and the widespread use of start-stop vehicle systems. Countries like Germany, the UK, and France are investing heavily in sustainable mobility and backup power solutions, boosting AGM battery demand.
Asia Pacific
Asia Pacific dominates the global market with a share exceeding 35%, fueled by rising automotive production, industrialization, and urbanization. China, India, and Japan are major growth hubs due to their expanding manufacturing bases and increasing renewable energy deployments.
Middle East and Africa
The Middle East and Africa region is gradually growing, holding around 5% market share. Demand is being driven by power backup needs, telecom infrastructure development, and increasing awareness of sustainable energy solutions in developing economies.
Latin America
Latin America contributes nearly 5% to the AGM Battery Market. Growth in this region is supported by rising adoption of automotive batteries and the integration of renewable energy systems in residential and commercial setups, especially in Brazil and Mexico.
Absorbent Glass Mat (AGM) Battery Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Absorbent Glass Mat (AGM) Battery Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising demand for maintenance-free energy storage
- Growth in renewable energy integration systems
- Increasing use in start-stop vehicle technologies
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Expanding telecommunications and data center needs - The ongoing diversification of product offerings is driving sustained growth in the scuba diving equipment market. Manufacturers are extending their lines beyond staple masks, fins, and regulators to include modular buoyancy systems, lightweight travel kits, and wearable dive computers. This broader selection attracts both seasoned divers and curious beginners, allowing each customer to build a kit that fits their exact requirements and budget.
Customization leads to deeper engagement. Items such as gender-specific wet suits, color-coordinated accessories, and ergonomic mouthpieces enhance comfort while promoting personal expression, a factor increasingly influential among younger consumers. By tailoring gear to individual needs, brands foster loyalty and motivate repeat purchases whenever divers upgrade or explore new environments.
Technological innovation further expands the catalog. Integrated Bluetooth telemetry, heads-up displays, and underwater drones transform the dive into a data-rich, shareable experience. The ability to track vital statistics and stream 4K footage encourages social media sharing that, in turn, fuels demand for the latest gadgets and upgrades across global markets.
Sustainability trends reshape product pipelines as well. Eco-conscious divers actively seek recycled materials, reef-safe lubricants, and biodegradable packaging. Companies that adopt circular design principles differentiate themselves in a crowded field while aligning with marine-conservation initiatives—an especially powerful value proposition for environmentally mindful consumers.
Regional adaptations amplify reach. Entry-level sets designed for warm-water resorts differ from technical configurations suited to cold-water wreck exploration. By adjusting specifications, sizing, and branding to local conditions, manufacturers penetrate emerging markets more effectively and mitigate seasonal demand fluctuations.
Restraints
- High initial costs versus alternatives
- Limited energy density compared to lithium-ion
- Temperature sensitivity affecting battery performance
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Complex recycling and hazardous disposal challenges - Limited access to suitable diving locations remains a significant barrier to the expansion of the scuba diving equipment market. Only select coastal regions offer the clear water, thriving marine life, and infrastructure required for memorable dives, restricting participation to travelers or residents who can physically reach these areas.
Travel costs create an additional hurdle. Prospective divers must budget for airfare, accommodation, dive permits, and guide services, turning the sport into a premium activity rather than an everyday hobby. The expense discourages casual enthusiasts from investing in full equipment sets, shrinking the customer base for high-margin gear.
Environmental and political events can abruptly curtail access. Hurricanes, coral bleaching, or civil unrest force temporary closures of renowned sites, disrupting tourism flows and slashing local equipment sales. Even when conditions normalize, lingering safety concerns may deter return visits and slow revenue recovery for gear retailers.
Infrastructure gaps compound the problem. Many promising regions lack certified dive shops, maintenance centers, and emergency medical facilities. Without this supporting ecosystem, even world-class reefs remain underutilized, and demand for equipment stays suppressed despite the natural potential for dive tourism.Regulatory constraints designed to protect fragile ecosystems can also restrict the number of permissible dives, limiting visitor throughput. While conservation is essential for long-term viability, immediate capacity limits reduce equipment turnover and sales volumes at nearby outlets.
Addressing access issues requires investment in regional infrastructure, development of inland training pools, and promotion of sustainable dive practices. Until such measures broaden the reach of the sport, constrained location availability will continue to cap market growth for scuba equipment manufacturers.
Opportunities
- Emerging markets adopting UPS and backup systems
- Advancements in sealed lead-acid battery tech
- Expanding military and aviation power applications
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Grid stability needs driving battery investments - The same trend toward diversified product offerings also represents a prime opportunity for future expansion in the scuba diving equipment sector. As divers demand more specialized, tech-savvy, and eco-friendly gear, manufacturers can move beyond core essentials to create entire ecosystems of complementary products and services.Niche gear categories present fertile ground. Items tailored for freediving, underwater photography, and adaptive diving for people with disabilities meet unmet needs and open new revenue streams. Smaller, agile brands are already capitalizing on these niches, demonstrating strong growth potential in segments overlooked by larger competitors.
Experiential products enhance emotional appeal. Augmented-reality dive masks, in-mask communication devices, and integrated safety beacons enrich underwater exploration and differentiate premium gear sets. By bundling these innovations with training content and post-dive analytics, brands can sell full solutions, not just equipment.
Subscription and rental models offer additional diversification avenues. Travelers may prefer seasonal gear rentals or subscription boxes that deliver the latest accessories before each trip. This approach reduces ownership costs for consumers while providing manufacturers recurring revenue and user data for targeted product development.Localized product lines further broaden reach. Manufacturers can develop language-specific manuals, culturally relevant branding, and region-adjusted sizing to resonate with emerging markets in Asia, Africa, and Latin America. Coupled with social-media marketing and partnerships with local dive centers, these tailored offerings accelerate brand adoption and customer trust.
By embracing diversification in design, distribution, and business models, scuba equipment companies can capture new user segments, boost brand loyalty, and remain resilient in the face of location-related restraints. Innovators that continuously expand and refine their portfolios will shape the next wave of sustainable growth in the global diving industry.
Absorbent Glass Mat (AGM) Battery Market Competitive Landscape Analysis
Key players in Absorbent Glass Mat (AGM) Battery Market include:
- Clarios
- Exide Technologies
- EnerSys
- East Penn Manufacturing
- Panasonic
- GS Yuasa
- C&D Technologies
- Leoch International Technology
- Haze Battery
- Power Sonic Corporation
- Vision Group
- Universal Power Group
- CSB Battery
- Fiamm Energy Technology
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Voltage Range
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Absorbent Glass Mat (AGM) Battery Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Rising demand for maintenance-free energy storage
-
Growth in renewable energy integration systems
-
Increasing use in start-stop vehicle technologies
-
Expanding telecommunications and data center needs
-
- Restraints
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High initial costs versus alternatives
-
Limited energy density compared to lithium-ion
-
Temperature sensitivity affecting battery performance
-
Complex recycling and hazardous disposal challenges
-
- Opportunities
-
Emerging markets adopting UPS and backup systems
-
Advancements in sealed lead-acid battery tech
-
Expanding military and aviation power applications
-
Grid stability needs driving battery investments
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Absorbent Glass Mat (AGM) Battery Market, By Type, 2021 - 2031 (USD Million)
- Stationary
- Motive
- Absorbent Glass Mat (AGM) Battery Market, By Voltage Range 2021 - 2031 (USD Million)
- 6 Volts
- 12 Volts
- Others
- Absorbent Glass Mat (AGM) Battery Market, By Application, 2021 - 2031 (USD Million)
- Automotive
- UPS
- Industrial
- Energy Storage
- Absorbent Glass Mat (AGM) Battery Market, By End User, 2021 - 2031 (USD Million)
- OEM
- Aftermarket
- Absorbent Glass Mat (AGM) Battery Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Absorbent Glass Mat (AGM) Battery Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Clarios
- Exide Technologies
- EnerSys
- East Penn Manufacturing
- Panasonic
- GS Yuasa
- C&D Technologies
- Leoch International Technology
- Haze Battery
- Power Sonic Corporation
- Vision Group
- Universal Power Group
- CSB Battery
- Fiamm Energy Technology
- Company Profiles
- Analyst Views
- Future Outlook of the Market