The global Absorbed Glass Mat (AGM) Battery market has experienced several changes in the last few years. This research report on the market attempts to analyze these change and present a complete overview of this market. It provides significant information and statistics about this market, such as growth boosters, restraining factors, future prospects, and trends and opportunities. The market report studies the market on the basis of the qualitative and quantitative evaluation of a number of market parameters. The regional markets for Absorbed Glass Mat (AGM) Battery has also been examined based on their performances over the period from 2018 to 2025.
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.
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Stringent CO2 emission norms and start-stop functions in all the cars manufactured by European automobile by 2023 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.
The global Absorbed Glass Mat (AGM) Battery market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Absorbed Glass Mat (AGM) Battery volume and value at global level, regional level and company level. From a global perspective, this report represents overall Absorbed Glass Mat (AGM) Battery market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Absorbed Glass Mat (AGM) Battery in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Absorbed Glass Mat (AGM) Battery manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Tudor India Limited
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Segment by Regions
Segment by Type
Solar Energy Battery
Segment by Application
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This post was originally published on Space Market Research