Absorbent Glass Mat (AGM) Battery Market Overview, Challenges, Opportunities Analysis to 2025


The AGM Battery is an advanced lead-acid battery, which uses a thin ultra-fine fibreglass mat sandwiched between the plates that are saturated with the sulfuric acid. AGM batteries are also sometimes called starved electrolyte or dry batteries, as the fibreglass mat is saturated with sulfuric acid up to 95% of its original capacity and there is no excess liquid. This type of battery is generally used as starter batteries, stand-by applications, and deep-cycle applications. The AGM Battery Market is estimated to be valued at USD 10.2 billion in 2019 and is projected to reach USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The growth of this market is expected to be driven by an upsurge in renewable energy investment, the inherent advantages of AGM batteries, and increasing demand of AGM batteries for high-current applications.

Clarios (US), EnerSys (US), and Exide Technologies (US) are among the Key Players in the AGM Battery Market.

Clarios (US) is one of the global leaders in AGM technology. It is a global provider of advanced energy storage solutions, operating as a subsidiary of Brookfield Business Partners. The company is into manufacturing advanced battery technologies for every type of vehicle, which include AGM batteries, low-voltage lithium ion batteries, enhanced flooded batteries, and standard lead-acid batteries. The company’s brands include Varta, Optima, LTH, Heliar, Delkor and Baterías Mac. It provides AGM batteries through its brands for automotive and marine applications such as motorcycles, cars, trucks, electric boats, yachts, and motorboats. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars. Their AGM batteries have 3–8 times the cycle life compared to conventional batteries. The additional features of these batteries are high vibration resistance, low self-discharge, optimal starting power, and deep-cycle power. The company has a leading position in vehicle battery technologies for every type of vehicle from conventional to fully electric vehicles. The company is well positioned to capitalize on the AGM Battery Market trends since it has a wide range of AGM batteries as well as other batteries with different functionality used in all types of vehicles.

EnerSys (US) is one of the global manufacturers and distributors of industrial batteries. It caters to the AGM Battery Market through its Reserve Power Products business segment. AGM batteries are sold under the brands such as DataSafe and Odyssey for automobile, IT, UPS, and marine applications. Their AGM Battery line from EnerSys provides superior power and performance for cars, boats, trucks, fleet vehicles, powersports, and generators. They are designed and built in such a way that they can last up to 3 times as long as conventional batteries. The batteries are designed with high-grade polymer casings, rugged construction, and are non-spillable, reduce fuel costs, and ensure extreme shock and vibration resistance for the toughest off-road applications. Their AGM batteries are also an ideal solution for engine start applications in emergency lifeboats.

Exide Technologies (US) is a global provider of lead acid batteries including automotive and industrial batteries. The company distributes its AGM batteries for transportation, marine, telecommunications, railway, and renewable energy industries. Their AGM batteries are used in motorcycles, scooters, SUVs, trucks, personal watercraft, ATVs, snowmobiles, and utility applications. Exide Technologies along with its subsidiary GNB Industrial Power provides AGM batteries. Their AGM batteries provide greater charge acceptance than conventional flooded batteries and allow quicker recharge. Their AGM batteries are featured as spill proof, vibration resistant, longer battery life, rugged construction, high cycling, high reserve capacity, maintenance free, balanced deep cycling, corrosion resistant. The company is strongly focused on its transportation segment since the majority of its AGM battery products have applications in SUVs, trucks, auto rickshaws, personal watercrafts, heavy duty, etc.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/absorbent-glass-mat-battery-market-113887664.html

Comments

Post a Comment

Popular posts from this blog

Trends Shaping the Environmental Test Chambers Market

The   Environmental Test Chambers Market Size  is expected to rise steadily; estimates show that it will reach USD 938 million by 2024 from USD 842 million in 2019, a compound annual growth rate (CAGR) of 2.18%. The most recent market research report outlines this growth trajectory and highlights the several variables that are driving this expansion. A variety of industrial verticals, including aerospace and defence, automotive, telecommunications, and electronics, are served by the market's segmentation based on type, which includes temperature and humidity chambers, customised chambers, and thermal shock chambers. Over the course of the forecast period, factors like strict regulatory requirements, rising need for dependable testing solutions, and technical developments in environmental testing equipment are anticipated to drive market expansion. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107895228 The environmental test chambers market is pro
Read more

Microwave Revolution: Unraveling the Monolithic Microwave IC Market

Image
The   Monolithic Microwave IC Market  showed strong growth, reaching a worth of USD 9.7 billion in 2022 and expected to reach USD 17.0 billion by 2027. It is anticipated that the market would expand at a notable compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. This growth trend shows how Monolithic Microwave Integrated Circuits (MMICs) are becoming more and more popular in a variety of industries. MMICs are essential parts of applications like consumer electronics, aircraft, defence, and telecommunications because of their small size and excellent performance at microwave frequencies. Technological developments, the growing need for high-frequency communication systems, and the extensive use of MMICs in developing technologies are the main factors propelling the market's growth. The MMIC market is expanding significantly due to a number of important factors. The smartphone industry is a major trigger for the spike in demand for Monolithic Microwave Integrated Circuits
Read more

Innovation Unleashed: RF Gallium Nitride Market Role in Emerging Technologies

Image
With a projected value of USD 2.8 billion by 2028, the global   RF Gallium Nitride (GaN) Market   is expected to experience substantial expansion from its estimated USD 1.3 billion in 2022. Over the course of the projected period, this forecast indicates a strong Compound Annual Growth Rate (CAGR) of 12.9%. The growing use of RF GaN devices in aerospace, defence, and military applications is driving up demand for them. GaN's commercial appeal is further enhanced by its appropriateness for Radio Frequency (RF) applications, which propels its wider adoption. With the growing need for sophisticated and high-performing RF semiconductor devices, the RF GaN Market is leading the way and is expected to grow significantly in the upcoming years.  Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597   Sumitomo Electric Device Innovations, Inc. (Japan), Qorvo, Inc. (US), WOLFSPEED, INC. (US), NXP Semiconductors (Netherlands), MACOM (US), Infineon Technolo
Read more