Global Absorbent Glass Mat (AGM) Battery Market to Reach $20.4 Billion by 2030
The global market for Absorbent Glass Mat (AGM) Battery estimated at US$11 Billion in the year 2022, is projected to reach a revised size of US$20.4 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030. Stationary, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$14.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Motive segment is readjusted to a revised 6.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 12.8% CAGR
The Absorbent Glass Mat (AGM) Battery market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.Select Competitors (Total 34 Featured) -
- B.B. Battery
- Bosch
- C&D Technologies
- Cellpower Batteries
- Clarios
- Concorde Battery Corporation
- Crown Battery
- Eaglepicher Technologies
- East Penn Manufacturing Company
- Enersys
- Exide Technologies
- Fiamm Energy Technology
- Fullriver Battery
- Gs Battery
- Leoch
- Panasonic Industry Europe
- Power Sonic Corporation
- Rolls Battery
- Storage Battery Systems
- Universal Power Group
- Victron Energy
- Vmax USA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- B.B. Battery
- Bosch
- C&D Technologies
- Cellpower Batteries
- Clarios
- Concorde Battery Corporation
- Crown Battery
- Eaglepicher Technologies
- East Penn Manufacturing Company
- Enersys
- Exide Technologies
- Fiamm Energy Technology
- Fullriver Battery
- Gs Battery
- Leoch
- Panasonic Industry Europe
- Power Sonic Corporation
- Rolls Battery
- Storage Battery Systems
- Universal Power Group
- Victron Energy
- Vmax USA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 11 Billion |
Forecasted Market Value ( USD | $ 20.4 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |