Absorbed Glass Mat Battery Market 2022-2026
Absorbed glass mat (AGM) battery is an advanced technology battery compared to lead- acid flooded battery. AGM batteries are constructed in such a way that the electrolyte is made to be suspended between the glass mat (primarily made of fiberglass) and battery plates. The amount of electrolyte is minimal in such batteries and it contains only enough electrolyte to keep the mat wets.
If we compare traditional lead acid batteries with AGM batteries then AGM batteries are far more efficient because of its design and construction, better lifespan, resistance to vibrations, no spillage or leakage and more capacity.
The demand for battery market has been healthy and AGM battery is gaining momentum currently owing to its nature of maintenance free battery and no hassle of topping up with distill water in frequent intervals. The increasing demand for AGM battery is favorable growth indicator for the global market and is projected to register a moderate CAGR during the forecast period.
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The report has profiled some of the Important players prevalent in the global like – Robert Bosch GMBH, Duracell,, Exide, Trojan Batteries, THEY LOVED QUANTA, ODYSSEY batteries, Adventure Power, Johnson Controls, MK Battery, Defender Industries, Tudor India Limited, Centennial AGM and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Absorbed Glass Mat Battery.
Absorbed Glass Mat (AGM) Battery Market: Drivers & Restraints
Stringent CO2 emission norms and start-stop functions in all the cars manufactured by European automobile by 2020 is one of the key driver for Europe AGM battery market. Trucking industry has also now started using AGM battery since it requires minimal maintenance.
Renewable energy systems like solar power completely depends on AGM batteries too and these factors are anticipated to strongly driver growth of the global AGM battery market. Higher AGM technology costs as compared to lead-acid battery could be a potential restraint for the global market of AGM battery.
Absorbed Glass Mat (AGM) Battery Market: Segmentation
By Distribution Channel – OEM, Aftersales
By Types- Automobile Battery, Inverter Battery, Solar energy battery, Alternate Energy
By Output Capacity- 6V, 8V, 12V
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Absorbed Glass Mat Battery Market Manufacturers
Absorbed Glass Mat Battery Market Distributors/Traders/Wholesalers
Absorbed Glass Mat Battery Market Subcomponent Manufacturers
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Major Highlights of the Absorbed Glass Mat Battery Market Report:
- The Absorbed Glass Mat Battery Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Absorbed Glass Mat Battery Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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