"Automotive Absorbent Glass Mat (AGM) Battery Market Size And Forecast by 2031
Data Bridge Market Research analyses that the Global Automotive Absorbent Glass Mat (AGM) Battery Market which was USD 14859.37 Thousand in 2022 is expected to reach USD 23152.64 Billion by 2030 and is expected to undergo a CAGR of 5.70% during the forecast period of 2022 to 2030
Automotive Absorbent Glass Mat (AGM) Battery Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Automotive Absorbent Glass Mat (AGM) Battery Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).
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Which are the top companies operating in the Automotive Absorbent Glass Mat (AGM) Battery Market?
The study report on the Global Automotive Absorbent Glass Mat (AGM) Battery Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Automotive Absorbent Glass Mat (AGM) Battery Market report provides the information of the Top 10 Companies in Automotive Absorbent Glass Mat (AGM) Battery Market in the market their business strategy, financial situation etc.
**Segments**
- By Type: The AGM battery market can be segmented by type into 1.2V, 2V, 6V, 8V, and 12V. Each type has its specific applications and usage in the automotive sector based on power requirements and compatibility with different vehicles.
- By Application: The market can also be segmented by application into passenger cars, commercial vehicles, and electric vehicles. The demand for AGM batteries varies across these applications due to factors such as performance, durability, and environmental concerns.
- By End-User: Automotive AGM batteries are used by OEMs (Original Equipment Manufacturers) and aftermarket suppliers. This segment considers the distribution channels, warranty periods, and customer service associated with the batteries.
**Market Players**
- Johnson Controls
- East Penn Manufacturing Company
- EnerSys
- Exide Technologies
- Delphi Technologies
- Clarios
- CD Technologies, Inc.
- Trojan Battery Company
- Universal Power Group
- Fullriver Battery USA
The automotive AGM battery market is witnessing significant growth due to factors such as increasing vehicle electrification, rising demand for start-stop systems, and stringent emission norms. AGM batteries offer advantages like higher performance, longer service life, and better safety features compared to traditional lead-acid batteries. The type segment highlights the diversity in voltage options available in the market, catering to a wide range of automotive applications. Moreover, the application segment emphasizes the growing adoption of AGM batteries in various vehicle types, including electric vehicles that require advanced energy storage solutions. The end-user segment reflects the distribution channels and partnerships crucial for market expansion and aftermarket support.
Key market players such as Johnson Controls, East Penn Manufacturing Company, and EnerSys dominate the automotive AGM battery industry with their innovative products and strategic collaborations. Companies like Exide Technologies and Delphi Technologies focus on research and development to enhance battery efficiency and sustainability. Clarios and CD Technologies, Inc., are also prominent players contributingThe automotive AGM battery market is experiencing robust growth driven by the global shift towards vehicle electrification and the increasing adoption of start-stop systems to improve fuel efficiency and reduce emissions. As governments worldwide impose stringent regulations to curb pollution, automotive manufacturers are turning to AGM batteries for their superior performance and eco-friendly characteristics. Johnson Controls, a leading player in the market, continues to innovate and expand its product portfolio to meet the evolving needs of the automotive industry. With a focus on sustainability, Johnson Controls is at the forefront of developing advanced AGM batteries that offer high energy density and long cycle life.
East Penn Manufacturing Company, another key player in the automotive AGM battery market, is known for its commitment to quality and reliability. The company's AGM batteries are widely used in passenger cars, commercial vehicles, and electric vehicles for their durability and exceptional performance. East Penn Manufacturing Company invests heavily in research and development to enhance its product offerings and stay ahead of the competition. EnerSys, a global leader in stored energy solutions, caters to the automotive sector with its range of high-performance AGM batteries. EnerSys focuses on delivering innovative solutions that meet the growing demand for energy storage in the automotive industry while also ensuring environmental sustainability.
Exide Technologies is a prominent player in the automotive AGM battery market, known for its cutting-edge technology and strong focus on customer satisfaction. The company continuously invests in enhancing its manufacturing capabilities and expanding its distribution network to serve a diverse customer base effectively. Delphi Technologies, a renowned name in the automotive sector, has a strong presence in the AGM battery market with its premium quality products that offer superior reliability and performance. The company's strategic partnerships and collaborations with automotive manufacturers further strengthen its position in the competitive market landscape.
Clarios, a key player in the automotive AGM battery market, stands out for its commitment to innovation and sustainability. The company's AGM batteries are designed to meet the demanding requirements of modern vehicles while minimizing environmental impact. CD Technologies**Market Players**
- Johnson Controls
- East Penn Manufacturing Company
- EnerSys
- Exide Technologies
- Delphi Technologies
- Clarios
- CD Technologies, Inc.
- Trojan Battery Company
- Universal Power Group
- Fullriver Battery USA
**Other Key Market Players**
- Banner (Austria)
- DYNAVOLT Power (China)
- Tianneng Rechargeable Battery Manufacturers (China)
- Leoch International Technology Limited Inc. (China)
- Manbat Ltd T/A SYBS (U.S.)
- ENERSYS (U.S.)
- Chaowei Power Holdings Ltd (China)
- KOYO BATTERY CO., LTD (China)
- Robert Bosch GmbH (Germany)
- GS Yuasa International Ltd (Japan)
- EXIDE INDUSTRIES LTD (India)
- Battery Tender (U.S.)
- Camel Group Co., Ltd (China)
- Reem Batteries Power Appliances Co. SAOC (Dubai)
- Saft (France)
- CD TECHNOLOGIES, INC. (U.S.)
The automotive AGM battery market is experiencing robust growth driven by the global shift towards vehicle electrification and the increasing adoption of start-stop systems to improve fuel efficiency and reduce emissions. As governments worldwide impose stringent regulations to curb pollution, automotive manufacturers are turning to AGM batteries for their superior performance and eco-friendly characteristics. Key market players such as Johnson Controls, East Penn Manufacturing Company, and EnerSys dominate the industry with
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Regional Analysis For Automotive Absorbent Glass Mat (AGM) Battery Market
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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This report provides Global Automotive Absorbent Glass Mat (AGM) Battery Market :
- An in-depth overview of the global market for
- Automotive Absorbent Glass Mat (AGM) Battery Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
- Discoveries of new market prospects and targeted marketing methodologies for Global Automotive Absorbent Glass Mat (AGM) Battery Market
- Discussion of RD, and the demand for new products launches and applications.
- Wide-ranging company profiles of leading participants in the industry.
- The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- The growth in patient epidemiology and market revenue for the market globally and across the key players and Automotive Absorbent Glass Mat (AGM) Battery Market segments.
- Study the market in terms of generic and premium product revenue.
- Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
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