# Absorbent Glass Mat Battery Market

> Absorbent Glass Mat (AGM) Battery Market Research Report By Power (Starter Batteries, Deep Cycle Batteries), By Capacity (Up to 100 Ah, 101-500 Ah, 501-1000 Ah, Above 1000 Ah), By Application (Automotive, Telecommunications, Industrial, Marine, Uninterruptible Power Supply (UPS)), By Chemistry (Lead-Acid, Zinc-Carbon) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Growth & Industry Forecast to 2035

- **Forecast Period:** 2025 - 2035
- **CAGR:** 9.58%
- **2024:** $ 10.38 Billion
- **2025:** $ 11.38 Billion
- **2035:** $ 28.41 Billion
- **Key Players:** Exide Technologies (US), East Penn Manufacturing (US), Trojan Battery Company (US), Enersys (US), GS Yuasa Corporation (JP), A123 Systems (US), C&D Technologies (US), Lifeline Batteries (US), NorthStar Battery Company (US)

**Report ID:** MRFR/EnP/20666-HCR · **Pages:** 100 · **Author:** Priya Nagrale · **Last Updated:** April 06, 2026

**URL:** https://www.marketresearchfuture.com/reports/absorbent-glass-mat-battery-market-22266

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## Market Summary

## **Global Absorbent Glass Mat (AGM) Battery Market Overview**

As per MRFR analysis, the Absorbent Glass Mat (AGM) Battery Market Size was estimated at 7.89 (USD Billion) in 2022. The Absorbent Glass Mat (AGM) Battery Market Industry is expected to grow from 8.65 (USD Billion) in 2023 to 19.7 (USD Billion) by 2032. The Absorbent Glass Mat (AGM) Battery Market CAGR (growth rate) is expected to be around 9.58% during the forecast period (2024 - 2032).

## **Key Absorbent Glass Mat (AGM) Battery Market Trends Highlighted**

Key Market Drivers: The growing demand for reliable and efficient energy storage solutions in various industries, including automotive, telecom, and renewable energy, is a primary driver for the absorbent glass mat (AGM) battery market. The increasing adoption of electric vehicles and hybrid vehicles is driving the need for high-performance AGM batteries that can withstand deep cycling and provide extended lifespan. Additionally, the rising awareness of environmental sustainability and the need for renewable energy sources are boosting the demand for AGM batteries in off-grid systems and backup power applications.

Opportunities to be Explored or Captured: The market presents significant opportunities for companies to capitalize on advancements in AGM battery technology.

Innovations in grid design and electrolyte compositions are enabling manufacturers to develop batteries with enhanced performance, higher energy density, and improved durability. Exploring new market segments, such as medical devices and aerospace applications, can provide growth potential. Moreover, collaborations between battery manufacturers and end-users in industries like automotive and telecommunications can facilitate the development of customized solutions tailored to specific requirements. 

Trends in Recent Times: The AGM battery market has witnessed a surge in the adoption of advanced technologies, such as carbon-enhanced grids and nano-structured separators. These advancements enhance battery performance by reducing internal resistance, improving charge acceptance, and extending cycle life. Additionally, the trend towards lightweight and compact battery designs has gained momentum, driven by the demand for space-saving solutions in various applications. The market is also experiencing a shift towards sustainable manufacturing practices, with an emphasis on reducing environmental impact and enhancing battery recyclability.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

## **Absorbent Glass Mat (AGM) Battery Market Drivers**

Globally, the governments are implementing various regulations and offering several incentives to cross the usage and adoption of renewable sources and electric vehicles. The motive of this initiative is to reduce greenhouse gases and make the world a pollution-free place. As a result of these initiatives, several applications have been utilizing AGM batteries as a vital option. 

For example, the European Union has committed to reducing greenhouse emissions to 55% by 2030. It also introduced several policies to encourage its usage, such as tax exemptions and subsidies to encourage electric and plug-in hybrid vehicles. The same kind of policies have been introduced in the other biggest market, China. It offers several policies to encourage the use of electric vehicles, such as purchase subsidies and tax exemptions. As a result of these initiatives, the governments would further drive the demand for these [batteries](../../../reports/batteries-market-1895) in the forthcoming years.

### **Growing Adoption of Electric Vehicles**

The rising demand for AGM batteries in the electric vehicles segment is a major driver. AGM batteries are utilized in electric vehicles to provide the necessary power for the electric systems of these vehicles and to start the engines. The electric vehicles market is also expected to witness significant growth, largely due to rising fuel prices, increased environmental awareness and global government incentives. This, in turn, will lead to the global market expansion of AGM batteries, as they are an integral part of such vehicles.

### **Advancements in Battery Technology**

There is an increasing demand for Absorbent Glass Mat batteries as well due to the continuous evolution of battery technology. Absorbent Glass Mat batteries are another kind of lead-acid batteries that utilize a particular design in order to enhance their operation and durable qualities. 

Because AGM batteries are more effective than traditional lead-acid batteries, they can deliver more power for longer. This is why AGM batteries are becoming more common every day, as they can be applied to a bigger number of tasks, such as being used in electric cars, [energy storage](../../../reports/energy-storage-market-4476) options that accompany green energy systems, and receptive power alternatives.

## **Absorbent Glass Mat (AGM) Battery Market Segment Insights:**

### **Absorbent Glass Mat (AGM) Battery Market Power Insights**

The power segment of the Absorbent Glass Mat (AGM) Battery Market is forecast to grow noticeably in the next several years because of the increasing demand for electric vehicles, energy storage systems, and the growing popularity of renewable energy sources. Given the increased use of automobiles, starter batteries comprise the major share of the power segment.

Deep cycle batteries, on the other hand, are gaining popularity for use in electric forklifts, golf carts, and marine applications. The market is characterized by a high level of rivalry among the major players. Specifically, according to B Newswire, “key industry leaders include Johnson Controls, Exide Technologies, Enersys, and Crown Battery”. Significant investments are made into R to improve the performance and efficiency of the products.

In addition, as the case study shows, there is also a trend toward acquiring or forming a partnership with other companies to penetrate a new market or geography and acquire new capabilities that would provide a competitive advantage and allow the company to improve its offerings. As for the major regional markets, Asia Pacific is predicted to be the dominant market for absorbent glass mat batteries in the future years.

The rapidly expanding automotive industry and the growing popularity of renewable energy sources in the region are driving up demand for AGMs. North America and Europe are the other prominent markets for AGMs. The demand in these regions is driven by the rising popularity of electric vehicles and energy storage systems. Thus, it can be concluded that the overall future outlook for the global AGM battery market is bright and full of opportunities as the demand from various industries will keep growing. Technological advancements, government initiatives and the growing popularity of pro-ecological products will keep driving the market growth.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

### **Absorbent Glass Mat (AGM) Battery Market Capacity Insights**

The market is segmented based on capacity into four categories, which are Up to 100 Ah, 101-500 Ah, 501-1000 Ah, and above 1000 Ah. According to the data, the 101-500 Ah category remains the leader by market share. As of 2023, it will account for over 40% of the global revenue. That effect is explained by the availability of a broad spectrum of applications for the given capacity level. In this case, batteries are frequently used in electric vehicles, as industrial equipment, as well as a part of uninterrupted power supplies. 

The Up to 100 Ah segment is also expected to be in increased demand since small-scale energy storage systems gain popularity in residential and commercial buildings. Furthermore, the 501-1000 Ah and above 1000 Ah groups will possibly gain momentum in the future because of the increased market demand for high-power batteries in electric vehicles and power plants utilizing renewable sources of energy.

### **Absorbent Glass Mat (AGM) Battery Market Application Insights**

The Absorbent Glass Mat (AGM) Battery Market is segmented into Automotive, Telecommunications, Industrial, Marine, and Uninterruptible Power Supply (UPS) based on application. Automotive is the largest segment, accounting for over 40% of the global market in 2023. The growth of the automotive segment is primarily driven by the increasing demand for electric vehicles and hybrid electric vehicles. Telecommunications is another major segment, accounting for over 30% of the global market in 2023. 

The growth of the telecommunications segment is primarily driven by the increasing demand for reliable power backup in telecommunication networks. Industrial, Marine, and UPS are other important segments, accounting for a significant share of the global market. The growth of these segments is primarily driven by the increasing demand for reliable power backups in various industrial and commercial applications.

### **Absorbent Glass Mat (AGM) Battery Market Chemistry Insights**

The Chemistry segment is crucial in understanding the Absorbent Glass Mat (AGM) Battery Market. Lead-Acid batteries, with a revenue of USD 5.72 billion in 2023, dominate the market, catering to automotive and industrial applications. Their affordability and reliability make them a popular choice. 

However, Zinc-Carbon batteries, with a market size of USD 1.23 billion in 2023, serve niche markets such as hearing aids and watches due to their compact size and low cost. The market growth for both segments is influenced by advancements in technology, increasing demand for energy storage solutions, and environmental concerns.

## **Absorbent Glass Mat (AGM) Battery Market Regional Insights**

Regionally, North America held the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. The growth in this region can be attributed to the increasing demand for electric vehicles and the presence of major automotive manufacturers. Europe is expected to witness significant growth, driven by the rising adoption of renewable energy sources and government initiatives to promote electric vehicle adoption. 

APAC is anticipated to be the fastest-growing region, owing to the rapidly expanding automotive industry and increasing government support for the adoption of electric vehicles. South America and MEA are expected to witness steady growth, driven by the growing demand for automotive batteries and the increasing adoption of renewable energy sources.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

## **Absorbent Glass Mat (AGM) Battery Market Key Players And Competitive Insights:**

Absorbent Glass Mat (AGM) Battery Market Key Players primarily focus on research and development to introduce new technologies. Further, expansion, acquisition, mergers, product development, and collaboration constitute the dominant trajectories for a major share of the Absorbent Glass Mat (AGM) Battery Market players. 

For instance, the established market player, Johnson Controls, provides start-to-finish solutions, from designing to manufacturing to supplying Absorbent Glass Mat Battery across the globe. Johnson Controls provides Absorbent Glass Mat Battery for various purposes, including automotive, industrial, and telecommunications applications. Its broad portfolio is designed to increase efficiency, reduce cost, and streamline operations.

The company is insisting on automation’ and digitization’ to create operational efficiencies. The company has been committed to sustainability using high-quality and reliable battery technology, thereby augmenting its position in the Absorbent Glass Mat (AGM) Battery Market. Moreover, Johnson Control has a vast and robust distribution network supporting sales across regions. 

EnerSys is a significant player in the Absorbent Glass Mat (AGM) Battery Market, where the company is exclusively focused on designing and manufacturing industrial batteries and accessories. EnerSys offers high-quality Absorbent Glass Mat batteries with long-lasting high performance and reliability.

The company has been innovating forklift batteries, batteries for renewable energy storage, motive power, aerospace and defense, precise Indatrack solutions, and a vast range of industrial batteries. Asia, North America, and Europe are the key regions with manufacturing facilities and further cater to the global demand for Absorbent Glass Mat Battery. The company has been focusing on R and innovating the production and utility of the batteries in the Absorbent Glass Mat (AGM) Battery Market.

### **Key Companies in the Absorbent Glass Mat (AGM) Battery Market Include:**

## Absorbent Glass Mat Battery Industry Developments

- **Q2 2024: Clarios Launches Next-Generation AGM Battery for Start-Stop Vehicles** Clarios announced the launch of its new advanced absorbent glass mat (AGM) battery designed specifically for start-stop vehicle applications, featuring improved charge acceptance and longer cycle life.
- **Q1 2024: Exide Technologies Expands AGM Battery Production Capacity in Europe** Exide Technologies inaugurated a new production line at its Poznań, Poland facility, increasing its annual output of absorbent glass mat (AGM) batteries to meet rising demand from automotive and industrial customers.
- **Q2 2024: Panasonic to Invest $100 Million in AGM Battery Plant Expansion in Japan** Panasonic announced a $100 million investment to expand its AGM battery manufacturing facility in Osaka, aiming to boost supply for automotive and renewable energy storage markets.
- **Q3 2024: GS Yuasa and Honda Announce Partnership to Develop High-Performance AGM Batteries** GS Yuasa and Honda Motor Co. entered a strategic partnership to co-develop next-generation AGM batteries for hybrid and electric vehicles, focusing on enhanced durability and energy density.
- **Q2 2024: Johnson Controls Sells AGM Battery Business to Private Equity Firm** Johnson Controls finalized the sale of its absorbent glass mat (AGM) battery division to Apollo Global Management, as part of a strategic shift to focus on building technologies.
- **Q1 2025: EnerSys Opens New AGM Battery Manufacturing Facility in India** EnerSys inaugurated a new manufacturing plant in Pune, India, dedicated to producing absorbent glass mat (AGM) batteries for telecom and renewable energy sectors.
- **Q2 2025: East Penn Manufacturing Announces Launch of Advanced AGM Battery Line for Data Centers** East Penn Manufacturing introduced a new line of AGM batteries engineered for high-reliability backup power in data center applications, featuring improved deep-cycle performance.
- **Q3 2024: C&D Technologies Secures Major Contract to Supply AGM Batteries for European Railways** C&D Technologies won a multi-year contract to supply absorbent glass mat (AGM) batteries for backup power systems in several European railway networks.
- **Q4 2024: Leoch International Raises $50 Million in Private Placement to Expand AGM Battery Production** Leoch International completed a $50 million private placement to fund the expansion of its AGM battery manufacturing capacity in China and Southeast Asia.
- **Q1 2025: VARTA Appoints New CEO to Drive AGM Battery Business Growth** VARTA AG announced the appointment of Dr. Anna Müller as CEO, with a mandate to accelerate growth in the company's absorbent glass mat (AGM) battery segment.
- **Q2 2025: Exide Industries Signs MoU with Tata Power for AGM Battery Supply** Exide Industries signed a memorandum of understanding with Tata Power to supply AGM batteries for use in grid-scale energy storage projects across India.
- **Q3 2025: GS Yuasa Receives Regulatory Approval for New AGM Battery Plant in Thailand** GS Yuasa obtained regulatory clearance to construct a new absorbent glass mat (AGM) battery manufacturing facility in Thailand, targeting automotive and industrial markets in Southeast Asia.

## **Absorbent Glass Mat (AGM) Battery Market Segmentation Insights**

### **Absorbent Glass Mat (AGM) Battery Market Power Outlook**

### **Absorbent Glass Mat (AGM) Battery Market Capacity Outlook**

### **Absorbent Glass Mat (AGM) Battery Market Application Outlook**

### **Absorbent Glass Mat (AGM) Battery Market Chemistry Outlook**

### **Absorbent Glass Mat (AGM) Battery Market Regional Outlook**

## Market Drivers

### Growing Electric Vehicle Market

The growing electric vehicle market is a significant driver for the Absorbent Glass Mat (AGM) Battery Market. As the automotive industry shifts towards electrification, AGM batteries are emerging as a viable option for various electric vehicle applications. Their lightweight design and efficient energy storage capabilities make them suitable for both hybrid and fully electric vehicles. The electric vehicle market is projected to expand rapidly, with sales expected to reach millions of units annually in the near future. This growth is likely to create substantial demand for AGM batteries, as manufacturers seek reliable and efficient energy storage solutions to meet the needs of modern electric vehicles.

### Rising Demand for Energy Storage Solutions

The Absorbent Glass Mat (AGM) Battery Market is experiencing a notable surge in demand for energy storage solutions. This trend is primarily driven by the increasing need for reliable power sources in various applications, including renewable energy systems and backup power supplies. As more consumers and businesses seek to harness solar and [wind energy](https://www.marketresearchfuture.com/reports/wind-energy-market-21722), AGM batteries are becoming a preferred choice due to their efficiency and longevity. The market for energy storage is projected to grow significantly, with estimates suggesting a compound annual growth rate of over 20% in the coming years. This growth is likely to bolster the AGM battery sector, as these batteries offer superior performance in energy retention and discharge, making them ideal for both residential and commercial energy storage applications.

### Expansion of Telecommunications Infrastructure

The expansion of telecommunications infrastructure is another critical driver for the Absorbent Glass Mat (AGM) Battery Market. As the demand for uninterrupted communication services escalates, telecom companies are increasingly investing in backup power solutions to ensure network reliability. AGM batteries are particularly suited for this purpose due to their ability to provide stable power in critical situations. The telecommunications sector is projected to witness substantial growth, with investments in infrastructure expected to reach billions of dollars. This investment is likely to create a robust demand for AGM batteries, as they are favored for their maintenance-free operation and ability to withstand extreme temperatures, thus ensuring consistent performance in various environments.

### Increased Focus on Environmental Sustainability

The Absorbent Glass Mat (AGM) Battery Market is benefiting from a heightened focus on environmental sustainability. As industries and consumers alike become more environmentally conscious, there is a growing preference for batteries that are less harmful to the environment. AGM batteries are known for their sealed design, which minimizes the risk of leakage and reduces environmental impact. Furthermore, the recycling potential of AGM batteries is becoming a significant selling point, as more companies aim to adopt sustainable practices. This shift towards eco-friendly solutions is likely to drive the AGM battery market, with projections indicating a steady increase in demand as businesses seek to align with sustainability goals and regulations.

### Technological Advancements in Battery Manufacturing

Technological advancements in battery manufacturing are playing a pivotal role in shaping the Absorbent Glass Mat (AGM) Battery Market. Innovations in materials and production processes are enhancing the performance and lifespan of AGM batteries, making them more competitive against other battery technologies. For instance, improvements in glass mat technology have led to better electrolyte absorption and faster charging capabilities. The market is witnessing a trend towards higher energy density and reduced weight, which are critical factors for applications in electric vehicles and portable devices. As manufacturers continue to invest in research and development, the AGM battery sector is expected to evolve, potentially leading to a broader range of applications and increased market share.

## Future Outlook

The Absorbent Glass Mat (AGM) Battery Market is projected to grow at a 9.58% CAGR from 2025 to 2035, driven by increasing demand for renewable energy storage and electric vehicles.

**New opportunities:**

- Development of advanced recycling technologies for AGM batteries. Expansion into emerging markets with tailored product offerings. Partnerships with renewable energy firms for integrated storage solutions.

By 2035, the AGM battery market is expected to solidify its position as a leader in energy storage solutions.

## Segment Insights

### By Power: Starter Batteries (Largest) vs. Deep Cycle Batteries (Fastest-Growing)

In the Absorbent Glass Mat (AGM) Battery Market, Starter Batteries hold the largest market share, primarily due to their widespread application in delivering high bursts of energy, crucial for [engine](https://www.marketresearchfuture.com/reports/engine-market-24300) ignition in vehicles. Their reliability and performance in challenging conditions make them the preferred choice among consumers, consequently dominating the market landscape. On the other hand, Deep Cycle Batteries are carving out a significant niche with their ability to provide sustained power output over extended periods, appealing to sectors like renewable energy and electric vehicles.

Power Segment: Starter Batteries (Dominant) vs. Deep Cycle Batteries (Emerging)

Starter Batteries, known for their efficient starting capabilities, dominate the AGM battery segment. They are typically designed to discharge quickly and recover rapidly, which is essential for vehicles that require an instant power surge. These batteries are widely used in automobiles, motorcycles, and other applications where reliability is paramount. In contrast, Deep Cycle Batteries are emerging as a vital segment within the AGM market, offering advantages such as longer life cycles and deeper discharges. They find their applications in renewable energy storage, [electric vehicles](https://www.marketresearchfuture.com/reports/electric-vehicles-market-1793), and marine uses, driving their rapid growth as industries increasingly prioritize sustainable energy solutions.

### By Capacity: 101-500 Ah (Largest) vs. 501-1000 Ah (Fastest-Growing)

The capacity segment of the Absorbent Glass Mat (AGM) Battery Market showcases distinct market share distribution across its various categories. The 101-500 Ah segment dominates, holding a significant portion of the market, owing to its extensive applications in automotive, renewable energy storage, and various industrial utilizes. This capacity range strikes a balance between performance and size, making it a preferred choice for many consumers and businesses alike. Meanwhile, the 501-1000 Ah segment is emerging rapidly, attracting interest due to increasing demand for higher-capacity batteries in electric vehicles and large-scale energy storage systems.

Capacity: 101-500 Ah (Dominant) vs. 501-1000 Ah (Emerging)

The 101-500 Ah capacity segment stands as a dominant player within the AGM battery market. Its widespread acceptance is influenced by its efficiency and versatility, catering to both regular and specialized applications such as telecommunications and uninterruptible power supply (UPS) systems. Conversely, the 501-1000 Ah segment is gaining traction as an emerging force, driven by the surge in electric vehicle adoption and the growing trend toward renewable energy solutions. This range is characterized by its ability to meet the power demands of larger applications, thus positioning itself as a key component in the transition toward sustainable energy practices.

### By Application: Automotive (Largest) vs. Telecommunications (Fastest-Growing)

The Absorbent Glass Mat (AGM) Battery Market exhibits varied applications with each segment contributing uniquely to overall market dynamics. The automotive sector holds the largest share, driven by the increasing adoption of electric vehicles and advances in automotive technology. In contrast, the telecommunications sector is emerging rapidly, leveraging AGM batteries for reliable backup power solutions, reflecting a significant shift towards uninterrupted service in a data-driven world.

Telecommunications: Automotive (Dominant) vs. Telecommunications (Emerging)

The automotive segment is well-established, utilizing AGM batteries for their efficiency and reliability in automotive applications, particularly in start-stop systems and electric vehicles. This segment benefits from robust demand and established supply chains. On the other hand, the telecommunications segment is gaining traction due to the increasing reliance on data centers and telecommunications infrastructure, where AGM batteries provide critical backup power. This emerging segment is characterized by innovations in energy management and sustainability, catering to the evolving demands of the digital age.

### By Chemistry: Lead-Acid (Largest) vs. Zinc-Carbon (Fastest-Growing)

In the Absorbent Glass Mat (AGM) Battery Market, the lead-acid segment holds a significant share due to its established presence and widespread usage in various applications, including automotive and renewable [energy storage](https://www.marketresearchfuture.com/reports/energy-storage-market-4476). This well-known technology benefits from robust manufacturing processes and economies of scale, enabling it to maintain its position as the largest segment within the market. In contrast, the zinc-carbon segment is gaining traction, primarily driven by advancements in chemistry that enhance performance and reliability, appealing to niche markets that prioritize sustainability and eco-friendliness.

Chemistry: Lead-Acid (Dominant) vs. Zinc-Carbon (Emerging)

The lead-acid battery segment remains dominant owing to its historical importance and extensive application in sectors like automotive, where reliability and cost-effectiveness are paramount. This technology, characterized by its ability to deliver high surge currents and durability, has seen continuous improvements in design, leading to increased efficiency. On the other hand, the zinc-carbon segment is emerging as a promising alternative, particularly for applications that demand lighter weight and less environmental impact. With ongoing innovations aimed at enhancing energy density and cycle life, zinc-carbon batteries are anticipated to find greater acceptance in consumer electronics and low-power applications, carving out a niche in the competitive AGM market.

## Regional Market Share Analysis

### North America : Market Leader in AGM Batteries

North America is the largest market for Absorbent Glass Mat (AGM) batteries, holding approximately 45% of the global market share. The region's growth is driven by increasing demand for renewable energy storage solutions and advancements in battery technology. Regulatory support for clean energy initiatives further catalyzes market expansion, with various incentives promoting the adoption of AGM batteries in electric vehicles and renewable energy systems. The competitive landscape in North America is robust, featuring key players such as Exide Technologies, East Penn Manufacturing, and Enersys. The presence of established manufacturers and a strong distribution network enhances market accessibility. The U.S. leads the market, followed by Canada, which is also witnessing a rise in AGM battery applications across sectors like automotive and renewable energy, contributing to the region's overall growth.

### Europe : Emerging Market with Regulations

Europe is witnessing significant growth in the AGM battery market, driven by stringent environmental regulations and a shift towards sustainable energy solutions. The region holds approximately 30% of the global market share, with countries like Germany and France leading the charge. The European Union's Green Deal and various national policies are pivotal in promoting the adoption of AGM batteries, particularly in electric vehicles and energy storage systems. Germany is the largest market in Europe, followed by France and the UK, with a competitive landscape featuring key players like GS Yuasa Corporation and A123 Systems. The presence of innovative manufacturers and a focus on R&D are enhancing product offerings. The European market is characterized by a growing demand for high-performance batteries, driven by the automotive and renewable energy sectors, ensuring a promising outlook for AGM battery adoption.

### Asia-Pacific : Rapid Growth in Battery Adoption

Asia-Pacific is emerging as a significant player in the AGM battery market, accounting for approximately 20% of the global share. The region's growth is fueled by increasing industrialization, urbanization, and a rising demand for energy storage solutions. Countries like China and Japan are at the forefront, with government initiatives supporting the development of renewable energy and electric vehicles, further driving AGM battery adoption. China is the largest market in the region, followed by Japan and South Korea. The competitive landscape is marked by the presence of both local and international players, including GS Yuasa Corporation and C&D Technologies. The region's focus on technological advancements and cost-effective manufacturing processes is enhancing the availability of AGM batteries, catering to various applications across automotive and industrial sectors, thus ensuring sustained growth in the market.

### Middle East and Africa : Untapped Potential in AGM Market

The Middle East and Africa region is gradually emerging in the AGM battery market, holding approximately 5% of the global share. The growth is primarily driven by increasing energy demands and a shift towards renewable energy sources. Countries like South Africa and the UAE are beginning to invest in energy storage solutions, supported by government initiatives aimed at enhancing energy efficiency and sustainability. South Africa is the leading market in the region, with a growing interest in AGM batteries for both automotive and renewable energy applications. The competitive landscape is still developing, with opportunities for both local and international players to establish a foothold. As infrastructure improves and awareness of AGM battery benefits increases, the region is poised for significant growth in the coming years, making it an attractive market for investment.

## Competitive Benchmarking

The Absorbent Glass Mat (AGM) Battery Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for reliable energy storage solutions across various sectors, including automotive, renewable energy, and telecommunications. Key players such as Exide Technologies (US), East Penn Manufacturing (US), and Enersys (US) are strategically positioning themselves through innovation and regional expansion. Exide Technologies (US) has focused on enhancing its product portfolio with advanced AGM technologies, while East Penn Manufacturing (US) emphasizes sustainability in its manufacturing processes. Enersys (US) is actively pursuing partnerships to bolster its market presence, indicating a collective shift towards collaborative strategies that enhance competitive advantage. The market structure appears moderately fragmented, with several players vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains, which is becoming increasingly vital in a globalized economy. The influence of major players is significant, as their operational strategies not only shape their individual market positions but also impact the overall competitive dynamics within the AGM battery sector. In August 2025, Exide Technologies (US) announced a strategic partnership with a leading renewable energy firm to develop integrated energy storage solutions. This collaboration is poised to enhance Exide's capabilities in providing sustainable energy solutions, aligning with the growing trend towards renewable energy adoption. The partnership underscores Exide's commitment to innovation and positions the company favorably in a market that increasingly values sustainability. In September 2025, East Penn Manufacturing (US) unveiled a new line of AGM batteries designed specifically for electric vehicles. This product launch reflects East Penn's strategic focus on tapping into the burgeoning electric vehicle market, which is expected to drive significant growth in AGM battery demand. By aligning its product offerings with emerging market trends, East Penn is likely to strengthen its competitive position and appeal to environmentally conscious consumers. In July 2025, Enersys (US) expanded its manufacturing capabilities by investing in a new facility dedicated to AGM battery production. This investment not only enhances Enersys's production capacity but also signifies its commitment to meeting the increasing demand for AGM batteries in various applications. The expansion is expected to improve supply chain efficiency and reduce lead times, thereby enhancing customer satisfaction and loyalty. As of October 2025, the AGM battery market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence in manufacturing processes. Strategic alliances are becoming increasingly important, as companies seek to leverage each other's strengths to enhance product offerings and market reach. The competitive landscape is shifting from a focus on price-based competition to one that prioritizes innovation, technological advancement, and supply chain reliability. This evolution suggests that companies that can effectively differentiate themselves through these means are likely to thrive in the increasingly competitive AGM battery market.

## Recent News & Developments

- **Q2 2024: Clarios Launches Next-Generation AGM Battery for Start-Stop Vehicles** Clarios announced the launch of its new advanced absorbent glass mat (AGM) battery designed specifically for start-stop vehicle applications, featuring improved charge acceptance and longer cycle life.
- **Q1 2024: Exide Technologies Expands AGM Battery Production Capacity in Europe** Exide Technologies inaugurated a new production line at its Poznań, Poland facility, increasing its annual output of absorbent glass mat (AGM) batteries to meet rising demand from automotive and industrial customers.
- **Q2 2024: Panasonic to Invest $100 Million in AGM Battery Plant Expansion in Japan** Panasonic announced a $100 million investment to expand its AGM battery manufacturing facility in Osaka, aiming to boost supply for automotive and renewable energy storage markets.
- **Q3 2024: GS Yuasa and Honda Announce Partnership to Develop High-Performance AGM Batteries** GS Yuasa and Honda Motor Co. entered a strategic partnership to co-develop next-generation AGM batteries for hybrid and electric vehicles, focusing on enhanced durability and energy density.
- **Q2 2024: Johnson Controls Sells AGM Battery Business to Private Equity Firm** Johnson Controls finalized the sale of its absorbent glass mat (AGM) battery division to Apollo Global Management, as part of a strategic shift to focus on building technologies.
- **Q1 2025: EnerSys Opens New AGM Battery Manufacturing Facility in India** EnerSys inaugurated a new manufacturing plant in Pune, India, dedicated to producing absorbent glass mat (AGM) batteries for telecom and renewable energy sectors.
- **Q2 2025: East Penn Manufacturing Announces Launch of Advanced AGM Battery Line for Data Centers** East Penn Manufacturing introduced a new line of AGM batteries engineered for high-reliability backup power in data center applications, featuring improved deep-cycle performance.
- **Q3 2024: C&D Technologies Secures Major Contract to Supply AGM Batteries for European Railways** C&D Technologies won a multi-year contract to supply absorbent glass mat (AGM) batteries for backup power systems in several European railway networks.
- **Q4 2024: Leoch International Raises $50 Million in Private Placement to Expand AGM Battery Production** Leoch International completed a $50 million private placement to fund the expansion of its AGM battery manufacturing capacity in China and Southeast Asia.
- **Q1 2025: VARTA Appoints New CEO to Drive AGM Battery Business Growth** VARTA AG announced the appointment of Dr. Anna Müller as CEO, with a mandate to accelerate growth in the company's absorbent glass mat (AGM) battery segment.
- **Q2 2025: Exide Industries Signs MoU with Tata Power for AGM Battery Supply** Exide Industries signed a memorandum of understanding with Tata Power to supply AGM batteries for use in grid-scale energy storage projects across India.
- **Q3 2025: GS Yuasa Receives Regulatory Approval for New AGM Battery Plant in Thailand** GS Yuasa obtained regulatory clearance to construct a new absorbent glass mat (AGM) battery manufacturing facility in Thailand, targeting automotive and industrial markets in Southeast Asia.

## Report Scope

| MARKET SIZE 2024 | 10.38(USD Billion) |
| --- | --- |
| MARKET SIZE 2025 | 11.38(USD Billion) |
| MARKET SIZE 2035 | 28.41(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 9.58% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Exide Technologies (US), East Penn Manufacturing (US), Trojan Battery Company (US), Enersys (US), GS Yuasa Corporation (JP), A123 Systems (US), C&D Technologies (US), Lifeline Batteries (US), NorthStar Battery Company (US) |
| Segments Covered | Power, Capacity, Application, Chemistry, Regional |
| Key Market Opportunities | Growing demand for renewable energy storage solutions drives innovation in the Absorbent Glass Mat (AGM) Battery Market. |
| Key Market Dynamics | Rising demand for renewable energy storage drives innovation and competition in the Absorbent Glass Mat battery sector. |
| Countries Covered | North America, Europe, APAC, South America, MEA |

## Frequently Asked Questions

**Q: What is the current market valuation of the Absorbent Glass Mat (AGM) Battery Market?**
A: The market valuation of the Absorbent Glass Mat (AGM) Battery Market was 10.38 USD Billion in 2024.

**Q: What is the projected market size for the AGM Battery Market by 2035?**
A: The AGM Battery Market is projected to reach 28.41 USD Billion by 2035.

**Q: What is the expected CAGR for the AGM Battery Market during the forecast period 2025 - 2035?**
A: The expected CAGR for the AGM Battery Market during the forecast period 2025 - 2035 is 9.58%.

**Q: Which companies are considered key players in the AGM Battery Market?**
A: Key players in the AGM Battery Market include Exide Technologies, East Penn Manufacturing, Trojan Battery Company, and Enersys.

**Q: What are the primary applications of AGM batteries?**
A: The primary applications of AGM batteries include automotive, telecommunications, industrial, marine, and uninterruptible power supply (UPS).

**Q: How do the segment valuations for AGM batteries break down by power type?**
A: In 2024, the segment valuations for AGM batteries by power type were 4.15 USD Billion for starter batteries and 6.23 USD Billion for deep cycle batteries.

**Q: What is the capacity segmentation for AGM batteries in terms of market valuation?**
A: The capacity segmentation for AGM batteries in 2024 included 1.56 USD Billion for up to 100 Ah and 3.12 USD Billion for 101-500 Ah.

**Q: What chemistry types are prevalent in the AGM Battery Market?**
A: The prevalent chemistry types in the AGM Battery Market include lead-acid, valued at 6.0 USD Billion, and zinc-carbon, valued at 4.38 USD Billion in 2024.

**Q: What trends are influencing the growth of the AGM Battery Market?**
A: Trends influencing the growth of the AGM Battery Market include increasing demand for renewable energy storage and advancements in battery technology.

**Q: How does the AGM Battery Market's growth compare across different applications?**
A: In 2024, the automotive application accounted for 3.12 USD Billion, while telecommunications and industrial applications were valued at 2.08 USD Billion and 2.07 USD Billion, respectively.


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