Global Absorbed Glass Mat (AGM) Separator Batteries Market was valued at USD 23.81 Billion in 2023 and is expected to reach USD 38.55 Billion by the year 2032, at a CAGR of 5.50%.

A lead-acid battery called an absorbed glass mat provides automobiles with a higher and better electrical current and facilitates vehicle start-stop operation. These batteries require minimal maintenance and have a high level of resistance to non-spillable vibrations. It offers superior cycling performance, less acid spillage, and little gassing when compared to traditional lead-acid batteries. The absorbent glass mat, which keeps sulfuric acid from flowing freely, is part of the absorbed glass mat. It also supports preserving the space between the positive and negative plates. Moreover, the AGM battery belongs to the class of valve-regulated lead acid (VRLA) batteries because it is a sealed battery.

AGM battery separators are versatile separators with a number of advantageous characteristics. The increasing demand from consumers for electrical components for autos is making power utilization an increasingly challenging task. This is especially true for electronic attachments like DVD players, anti-theft gadgets, power windows and seats, remote or voice-activated start, global positioning systems (GPS), brakes, and valve controls that boost safety, convenience, and energy efficiency. The need for batteries with larger capacity, as absorbed glass mat batteries, is rising as a result of the increasing integration of electric or electronic systems in automobiles.  The market for AGM separator batteries is growing faster.

Who are the key players in Absorbed Glass Mat (AGM) Separator Batteries Market?

Nippon Sheet Glass Co.Ltd., Ningbo Baiheng Science & Technology Co. Ltd., East Penn Manufacturing Co.Inc., FIAMM Energy Technology S.p.A., Fengxin Industrial Co. Ltd., ShanDong Renfeng Special Materials Co. Ltd., B&F Technology Limited, Hollingsworth & Vose, Hokuetsu Corporation, GS Yuasa Corporation, Hollingsworth & Vose, and Other Major Players.

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Market Dynamics:

Driver:

The market has driven significant development throughout the period due to the growing number of makers securing their production facilities by producing maintenance-free and non-spillable batteries. Regional government rules influencing gasoline usage and carbon emissions are what is causing more and more car owners to switch to driving electric cars. The market for absorbed glass mat separator batteries is anticipated to be driven throughout the period by an increase in electric vehicle production and the widespread use of AGM separator batteries in electric vehicles.

Opportunities:

The growing emphasis on improving vehicle fuel efficiency, coupled with the increase of ordinance on the conventional vehicle has led to an increased demand for battery-powered vehicles, owing to their low carbon emission profile. This gives glass mat battery manufacturers the opportunity to increase their production base to produce larger battery capacity. This will result in expanding battery manufacturing capabilities which provide ample opportunity for the market. Many players see this as an important strategy for business growth.

Key Chapter Will Be Provided In The Report

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis


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Segmentation Analysis of Absorbed Glass Mat (AGM) Separator Batteries Market:

Based on the Type, the deep cycle segment accounted for the maximum market share during the forecast period, owing to its supplies features like low maintenance, lowered water loss, and higher abuse tolerance in traction and golf cart batteries. AGM separator batteries are commonly employed in high-end vehicles to run features such as windshields, heated seats, mirrors, and steering wheels.

Based on the Application, the Automotive sub-segment is expected to hold a significant share of the market, owing to growth in the demand for AGM Separated batteries led by the increase in the demand for consumer electronics products and electric vehicles has turned the demand for AGM Separated batteries.


By Type

•Deep Cycle
•Standby

By Application

•Automotive
•UPS
•Telecommunications
•Others

Key Findings of the Study 

• The rising demand for electric vehicles and advanced electronic features will grow the AGM separator batteries market.
• Deep cycle AGM batteries dominate the market due to their easy maintenance, resistance to vibrations, and suitability for various applications.
• The Asia-Pacific region is experiencing the fastest growth in the AGM separator batteries market

Regional Analysis of Absorbed Glass Mat (AGM) Separator Batteries Market:

The Asia Pacific region is expected to dominate the market during the forecast period. China is a leading economy in terms of the utilization of absorbed glass mat separator batteries in the region. Growth in the automotive sector owing to an increase in urbanization, population, and industrialization is expected to fuel the demand for AGM batteries. This, in turn, is anticipated to drive the AGM separator batteries market over the forecast period. Furthermore, the demand for lead-acid batteries has been significantly high over Asia Pacific economies on account of their relatively low price. Nevertheless, sealed lead-acid batteries such as AGM separator batteries are reaching major applicability due to their maintenance-free profile. Furthermore, competitors have discovered the expansion of end-user industries of absorbed glass mat separator batteries in the region, accelerating business growth.

Geographic Segment Covered in the Report

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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