Showing posts with label Absorbent Glass Mat (AGM) Battery Market. Show all posts
Showing posts with label Absorbent Glass Mat (AGM) Battery Market. Show all posts

Tuesday, 4 May 2021

Absorbent Glass Mat (AGM) Battery Market: Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions

 According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

Key Market Players

Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

Stationary battery type segment held largest share of AGM battery market in 2018

Based on battery type, the AGM battery market for stationary batteries held the largest size in 2018. Stationary batteries act as a source of backup power or emergency power, depending on the nature of the critical loads. These batteries are meant for stand-by power supply applications with excellent long deep discharges. However, AGM batteries have a significant market for stationary applications such as energy storage, marine, industrial, UPS, telecommunications, utilities, and medical devices.

Market for energy storage application is expected to grow significantly during forecast period

.The increasing penetration of renewable energy across grids has, in turn, increased the need for efficient, and flexible energy storage solutions with a long operating life. Deep-cycle batteries are a popular choice for renewable energy applications due to their ability to withstand the demands of solar energy use such as unstable grid energy, heavy cycling (charging and discharging), and irregular full recharging. AGM battery, with all its attractive features, has become the most preferred energy storage technology for energy storage as large-sale solar and wind plants require technologies that can cost-effectively store renewable energy for future use at any location. These batteries are the most viable for storage, as they are maintenance free. Since solar applications can be in hard-to-reach areas, the ability to plug in the batteries and let them function without maintenance is a huge benefit. Besides, AGM batteries are also reliable, cost-effective solutions, which make battery storage affordable for the utility sector. Moreover, with growing investments and the increasing number of renewable energy projects worldwide, the adoption of AGM batteries is expected to grow significantly during the forecast period.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Tuesday, 16 March 2021

Which Region holds largest share of Global Absorbent Glass Mat (AGM) Battery Market

 According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

APAC to dominate AGM battery market during forecast period

APAC dominated the market in 2018. The market in APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC. After APAC, North America holds a significant market share in the said market. The increasing usage of automotive vehicles catering to all powering needs, presence of key market players in the US, and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region. Another critical driving factor for the installation of AGM batteries in North America is the marine industry. Marine applications such as powerboats, personal watercrafts, and yachts. Heavy marine house power primarily comprises AGM battery systems, which are driving the North American market.

Key Market Players

Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

Stationary battery type segment held largest share of AGM battery market in 2018

Based on battery type, the AGM battery market for stationary batteries held the largest size in 2018. Stationary batteries act as a source of backup power or emergency power, depending on the nature of the critical loads. These batteries are meant for stand-by power supply applications with excellent long deep discharges. However, AGM batteries have a significant market for stationary applications such as energy storage, marine, industrial, UPS, telecommunications, utilities, and medical devices.

Market for energy storage application is expected to grow significantly during forecast period

The increasing penetration of renewable energy across grids has, in turn, increased the need for efficient, and flexible energy storage solutions with a long operating life. Deep-cycle batteries are a popular choice for renewable energy applications due to their ability to withstand the demands of solar energy use such as unstable grid energy, heavy cycling (charging and discharging), and irregular full recharging. AGM battery, with all its attractive features, has become the most preferred energy storage technology for energy storage as large-sale solar and wind plants require technologies that can cost-effectively store renewable energy for future use at any location. These batteries are the most viable for storage, as they are maintenance free. Since solar applications can be in hard-to-reach areas, the ability to plug in the batteries and let them function without maintenance is a huge benefit. Besides, AGM batteries are also reliable, cost-effective solutions, which make battery storage affordable for the utility sector. Moreover, with growing investments and the increasing number of renewable energy projects worldwide, the adoption of AGM batteries is expected to grow significantly during the forecast period

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Friday, 11 December 2020

Absorbent Glass Mat (AGM) Battery Market: energy storage application is expected to grow significantly

 According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

Stationary battery type segment held largest share of AGM battery market in 2018

Based on battery type, the AGM battery market for stationary batteries held the largest size in 2018. Stationary batteries act as a source of backup power or emergency power, depending on the nature of the critical loads. These batteries are meant for stand-by power supply applications with excellent long deep discharges. However, AGM batteries have a significant market for stationary applications such as energy storage, marine, industrial, UPS, telecommunications, utilities, and medical devices.

Market for energy storage application is expected to grow significantly during forecast period

The increasing penetration of renewable energy across grids has, in turn, increased the need for efficient, and flexible energy storage solutions with a long operating life. Deep-cycle batteries are a popular choice for renewable energy applications due to their ability to withstand the demands of solar energy use such as unstable grid energy, heavy cycling (charging and discharging), and irregular full recharging. AGM battery, with all its attractive features, has become the most preferred energy storage technology for energy storage as large-sale solar and wind plants require technologies that can cost-effectively store renewable energy for future use at any location. These batteries are the most viable for storage, as they are maintenance free. Since solar applications can be in hard-to-reach areas, the ability to plug in the batteries and let them function without maintenance is a huge benefit. Besides, AGM batteries are also reliable, cost-effective solutions, which make battery storage affordable for the utility sector. Moreover, with growing investments and the increasing number of renewable energy projects worldwide, the adoption of AGM batteries is expected to grow significantly during the forecast period

APAC to exhibit largest market size during forecast period

The AGM battery market in APAC is expected to grow at the highest CAGR during the forecast period. The huge population in this region leads to an increased energy demand, which eventually increases the need for fossil fuel based energy generation, and leads to renewable energy integration creating the need for batteries. In addition to this, APAC is home to some of the prominent players such as Vision Group (China), HBL Power Systems Ltd. (India), Leoch (China), and B.B. Battery (China) providing AGM batteries for different applications. These factors contribute to the high growth of the AGM battery market in APAC.

Exide Technologies (US), Clarios (US), Power Sonic Corporation (US), EnerSys (US), Fullriver Battery (US) East Penn Manufacturing Company (US), Universal Power Group (US), Fullriver Battery (US), and C&D Technologies (US), among others, are the major players operating in the AGM battery market.

Don’t miss out on business opportunities in Absorbent Glass Mat (AGM) Battery Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Monday, 2 November 2020

Which are the significant players operating in Absorbent Glass Mat (AGM) Battery Market ?

 According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

APAC to dominate AGM battery market during forecast period

APAC dominated the market in 2018. The market in APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC. After APAC, North America holds a significant market share in the said market. The increasing usage of automotive vehicles catering to all powering needs, presence of key market players in the US, and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region. Another critical driving factor for the installation of AGM batteries in North America is the marine industry. Marine applications such as powerboats, personal watercrafts, and yachts. Heavy marine house power primarily comprises AGM battery systems, which are driving the North American market.

Key Market Players

Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

Stationary battery type segment held largest share of AGM battery market in 2018

Based on battery type, the AGM battery market for stationary batteries held the largest size in 2018. Stationary batteries act as a source of backup power or emergency power, depending on the nature of the critical loads. These batteries are meant for stand-by power supply applications with excellent long deep discharges. However, AGM batteries have a significant market for stationary applications such as energy storage, marine, industrial, UPS, telecommunications, utilities, and medical devices.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Sunday, 25 October 2020

Absorbent Glass Mat (AGM) Battery Market: Energy storage application is expected to grow significantly during forecast period

According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

Market for energy storage application is expected to grow significantly during forecast period

The increasing penetration of renewable energy across grids has, in turn, increased the need for efficient, and flexible energy storage solutions with a long operating life. Deep-cycle batteries are a popular choice for renewable energy applications due to their ability to withstand the demands of solar energy use such as unstable grid energy, heavy cycling (charging and discharging), and irregular full recharging. AGM battery, with all its attractive features, has become the most preferred energy storage technology for energy storage as large-sale solar and wind plants require technologies that can cost-effectively store renewable energy for future use at any location. These batteries are the most viable for storage, as they are maintenance free. Since solar applications can be in hard-to-reach areas, the ability to plug in the batteries and let them function without maintenance is a huge benefit. Besides, AGM batteries are also reliable, cost-effective solutions, which make battery storage affordable for the utility sector. Moreover, with growing investments and the increasing number of renewable energy projects worldwide, the adoption of AGM batteries is expected to grow significantly during the forecast period

APAC to dominate AGM battery market during forecast period

APAC dominated the market in 2018. The market in APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC. After APAC, North America holds a significant market share in the said market. The increasing usage of automotive vehicles catering to all powering needs, presence of key market players in the US, and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region. Another critical driving factor for the installation of AGM batteries in North America is the marine industry. Marine applications such as powerboats, personal watercrafts, and yachts. Heavy marine house power primarily comprises AGM battery systems, which are driving the North American market.

Key Market Players

Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Thursday, 10 September 2020

The Global Absorbent Glass Mat (AGM) Battery Market expected to witness huge Growth by 2025

 According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

Stationary battery type segment held largest share of AGM battery market in 2018

Based on battery type, the AGM battery market for stationary batteries held the largest size in 2018. Stationary batteries act as a source of backup power or emergency power, depending on the nature of the critical loads. These batteries are meant for stand-by power supply applications with excellent long deep discharges. However, AGM batteries have a significant market for stationary applications such as energy storage, marine, industrial, UPS, telecommunications, utilities, and medical devices.

Market for energy storage application is expected to grow significantly during forecast period

The increasing penetration of renewable energy across grids has, in turn, increased the need for efficient, and flexible energy storage solutions with a long operating life. Deep-cycle batteries are a popular choice for renewable energy applications due to their ability to withstand the demands of solar energy use such as unstable grid energy, heavy cycling (charging and discharging), and irregular full recharging. AGM battery, with all its attractive features, has become the most preferred energy storage technology for energy storage as large-sale solar and wind plants require technologies that can cost-effectively store renewable energy for future use at any location. These batteries are the most viable for storage, as they are maintenance free. Since solar applications can be in hard-to-reach areas, the ability to plug in the batteries and let them function without maintenance is a huge benefit. Besides, AGM batteries are also reliable, cost-effective solutions, which make battery storage affordable for the utility sector. Moreover, with growing investments and the increasing number of renewable energy projects worldwide, the adoption of AGM batteries is expected to grow significantly during the forecast period

APAC to dominate AGM battery market during forecast period

APAC dominated the market in 2018. The market in APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC. After APAC, North America holds a significant market share in the said market. The increasing usage of automotive vehicles catering to all powering needs, presence of key market players in the US, and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region. Another critical driving factor for the installation of AGM batteries in North America is the marine industry. Marine applications such as powerboats, personal watercrafts, and yachts. Heavy marine house power primarily comprises AGM battery systems, which are driving the North American market.

Key Market Players

Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Tuesday, 18 August 2020

Absorbent Glass Mat (AGM) Battery Market | Top Companies

 According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

APAC to dominate AGM battery market during forecast period

APAC dominated the market in 2018. The market in APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC. After APAC, North America holds a significant market share in the said market. The increasing usage of automotive vehicles catering to all powering needs, presence of key market players in the US, and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region. Another critical driving factor for the installation of AGM batteries in North America is the marine industry. Marine applications such as powerboats, personal watercrafts, and yachts. Heavy marine house power primarily comprises AGM battery systems, which are driving the North American market.

Key Market Players

Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Thursday, 30 July 2020

How Absorbent Glass Mat (AGM) Battery Market Segmented?

According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664

In this report, the AGM battery market has been segmented into the following categories:

By Type:

  • Stationary
  • Motive

By Voltage:

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

By End User

  • OEM
  • Aftermarket

By Application

  • Automotive
    • Motor Vehicle
    • Motorcycle
    • Others
  • UPS
  • Industrial
  • Energy Storage
  • Others

Geographic Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • Rest of APAC
  • RoW
    • South America
    • Middle East
    • Africa

APAC to exhibit largest market size during forecast period

The AGM battery market in APAC is expected to grow at the highest CAGR during the forecast period. The huge population in this region leads to an increased energy demand, which eventually increases the need for fossil fuel based energy generation, and leads to renewable energy integration creating the need for batteries. In addition to this, APAC is home to some of the prominent players such as Vision Group (China), HBL Power Systems Ltd. (India), Leoch (China), and B.B. Battery (China) providing AGM batteries for different applications. These factors contribute to the high growth of the AGM battery market in APAC.

Exide Technologies (US), Clarios (US), Power Sonic Corporation (US), EnerSys (US), Fullriver Battery (US) East Penn Manufacturing Company (US), Universal Power Group (US), Fullriver Battery (US), and C&D Technologies (US), among others, are the major players operating in the AGM battery market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Thursday, 21 May 2020

Who are key players of the Absorbent Glass Mat (AGM) Battery Market

The global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The growth of this market is expected to be driven by the inherent benefits of AGM batteries such as their maintenance free & non-spillable nature, upsurge in renewable energy investments, increasing demand for energy storage solutions for high-current applications such as UPS, and easily recycling of AGM batteries compared with lithium-ion batteries. The report covers the market segmented into type, voltage, end user, application, and geography.

Download PDF Brochure:-

APAC to dominate AGM battery market during forecast period


APAC dominated the market in 2018. The market in APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC. After APAC, North America holds a significant market share in the said market. The increasing usage of automotive vehicles catering to all powering needs, presence of key market players in the US, and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region. Another critical driving factor for the installation of AGM batteries in North America is the marine industry. Marine applications such as powerboats, personal watercrafts, and yachts. Heavy marine house power primarily comprises AGM battery systems, which are driving the North American market.

Key Market Players


Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.

Clarios (US), formerly known as Johnson Control Power Solutions is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. Its brands include Varta, Optima, LTH, Heliar, Delkor, and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3-8 times the cycle life compared to conventional batteries. The additional features of these batteries are high-vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has expanded its AGM battery portfolio due to increased electrification demands such as electrical load generation from features such as navigation and entertainment systems. The company is well positioned to capitalize on AGM battery market trends since it has a wide range of AGM batteries, as well as other batteries with different functionality used in all types of vehicles.

Get in-depth analysis of the COVID-19 impact on the Absorbent Glass Mat (AGM) Battery Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Absorbent Glass Mat (AGM) Battery Market
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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Thursday, 23 April 2020

UPS application to dominate Absorbent Glass Mat (AGM) Battery Market

According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-

UPS application to dominate AGM battery market during forecast period


Based on application, the market for the UPS application dominated the market in 2018. UPS (Uninterruptible power supply) applications make use of a wide variety of battery types; however, lead acid batteries are currently the most common technology. UPS is among the initial applications for AGM batteries. UPS is used for emergency backup applications for many commercial and industrial purposes. The AGM battery provides high current for short durations for the UPS system. AGM batteries are a preferred choice for UPS systems due to their properties such as low internal resistance, higher specific power & efficiency, low purchasing costs, and low self-discharge rate.

APAC to exhibit largest market size during forecast period

The AGM battery market in APAC is expected to grow at the highest CAGR during the forecast period. The huge population in this region leads to an increased energy demand, which eventually increases the need for fossil fuel based energy generation, and leads to renewable energy integration creating the need for batteries. In addition to this, APAC is home to some of the prominent players such as Vision Group (China), HBL Power Systems Ltd. (India), Leoch (China), and B.B. Battery (China) providing AGM batteries for different applications. These factors contribute to the high growth of the AGM battery market in APAC.

Exide Technologies (US), Clarios (US), Power Sonic Corporation (US), EnerSys (US), Fullriver Battery (US) East Penn Manufacturing Company (US), Universal Power Group (US), Fullriver Battery (US), and C&D Technologies (US), among others, are the major players operating in the AGM battery market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Tuesday, 3 March 2020

Absorbent Glass Mat (AGM) Battery Market By Type, Voltage, End User, Application and Geographic Analysis

According to the new market research report "Absorbent Glass Mat (AGM) Battery Market by Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), Type (Stationary, Motive), End User (OEM, Aftermarket), Application (Automotive, UPS, Energy storage, Industrial), and Geography - Global Forecast to 2025", the global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The AGM battery market is likely to exhibit lucrative growth potential during the forecast period. The growth of this market is expected to be driven by the inherent benefits tendered by AGM batteries, easy recyclability of AGM batteries compared with lithium-ion batteries, increasing demand for high powered batteries for UPS & energy storage, and growing investments for renewable energy systems. The market also has several opportunities that can be explored by existing and entry-level companies to expand businesses.

Download PDF Brochure:-

In this report, the AGM battery market has been segmented into the following categories:

By Type:

  • Stationary
  • Motive

By Voltage:

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

By End User

  • OEM
  • Aftermarket

By Application

  • Automotive
  • Motor Vehicle
  • Motorcycle
  • Others
  • UPS
  • Industrial
  • Energy Storage
  • Others

Geographic Analysis

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • APAC
  • China
  • Japan
  • India
  • Rest of APAC
  • RoW
  • South America
  • Middle East
  • Africa

APAC to exhibit largest market size during forecast period

The AGM battery market in APAC is expected to grow at the highest CAGR during the forecast period. The huge population in this region leads to an increased energy demand, which eventually increases the need for fossil fuel based energy generation, and leads to renewable energy integration creating the need for batteries. In addition to this, APAC is home to some of the prominent players such as Vision Group (China), HBL Power Systems Ltd. (India), Leoch (China), and B.B. Battery (China) providing AGM batteries for different applications. These factors contribute to the high growth of the AGM battery market in APAC.

Exide Technologies (US), Clarios (US), Power Sonic Corporation (US), EnerSys (US), Fullriver Battery (US) East Penn Manufacturing Company (US), Universal Power Group (US), Fullriver Battery (US), and C&D Technologies (US), among others, are the major players operating in the AGM battery market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta 
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441