Absorbent Glass Mat (AGM) Battery Market to Witness Huge Growth by Key Players Power Sonic Corporation (US), Exide Technologies (US), Clarios (US)

Absorbent Glass Mat (AGM) Battery Market research report classifies the market trends relevant to the supply, requirement, and arrangement, at any rate, the new events. The report highlights huge drivers, restrictions, and positive chances to give a definite image of the market. The Absorbent Glass Mat (AGM) Battery Market research report gives complete details about the profitable emerging markets and examines insights into the developing section of the markets. Furthermore, the Absorbent Glass Mat (AGM) Battery Market research report gives a complete evaluation of market shares, approaches, products, verification, regulatory approvals, copyright aspect, and manufacturing proficiency of the leading players.

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

Absorbent Glass Mat (AGM) Battery Market Overview

The global absorbent glass mat (AGM) battery market is anticipated to reach USD 11.8 billion by 2022 growing at a CAGR of 5.2% during the forecasting period, 2020-2028.?

AGM or Absorbent Glass Mat is an advanced lead-acid battery that runs on superior power so as to support the higher electrical demands of today’s vehicles and other applications. AGM batteries are also highly applicable for start-stop vehicle technology, which promptly gained popularity in Europe and moved in the U.S. market in model-year 2013 vehicles. Factors such as?easy to recycle, increasing investment in renewable energy, various advantages of AGM batteries are some of the major drivers for the absorbent glass mat (AGM) battery market.

Absorbent Glass Mat (AGM) Battery Market - Key Findings

The global absorbent glass mat (AGM) battery market is segmented into voltage, type, end-user, application, and geography.

Voltage segment is 2–4 V, 6–8 V, and 12 V & Above?

The type segment is segmented into Stationary and Motive

The end-User segment is segmented into OEM and Aftermarket

Application segment is segmented into Automotive, UPS, Industrial, Energy Storage, and others

Geographically, the global absorbent glass mat (AGM) battery market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Absorbent Glass Mat (AGM) Battery Market Regional Analysis

Asia-Pacific region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028.

Recent Developments

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

• In 2017, Trojan Battery Co., LLC, the world’s leading manufacturer of deep-cycle batteries, launches its new line of maintenance-free, true deep-cycle absorbent glass mat (AGM) batteries specifically designed for solar and other renewable energy applications

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