Semiconductor and Electronic Survey

The global   Absorbent Glass Mat (AGM) Battery Market   is experiencing steady growth, with its size projected to increase from USD 10.2 billion in 2019 to USD 13.9 billion by 2025, at a compound annual growth rate (CAGR) of 5.3%. This growth is driven by the rising demand for reliable and maintenance-free power storage solutions in various applications, including automotive, UPS systems, and renewable energy storage. AGM batteries offer advantages such as enhanced safety, longer lifespan, and better resistance to vibrations and temperature extremes, making them a preferred choice in industries requiring high-performance and durable battery systems. The increasing adoption of electric vehicles (EVs) and hybrid vehicles, along with the expanding renewable energy sector, are further fueling the demand for AGM batteries globally. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664 The AGM Battery Market is poised for significant growth,...

The   Absorbent Glass Mat Battery Market   is predicted to increase from USD 10.2 billion in 2019 to USD 13.9 billion by 2025, growing at a CAGR of 5.3%. During the anticipated time, the AGM Battery Market is anticipated to have a lucrative growth potential. The inherent advantages of AGM batteries, their simplicity in recycling when compared to lithium-ion batteries, the rising demand for high-capacity batteries for UPS and energy storage, and rising investments in renewable energy systems are all predicted to contribute to the market's growth. Existing enterprises as well as those just starting out might explore the market's numerous expansion potential. In 2018, the Stationary Battery Type Segment held the biggest market share for AGM batteries. The AGM Battery Market for stationary batteries held the highest size in 2018 according to battery type. Depending on the kind of the important loads, stationary batteries serve as a source of backup or emergency power. These batter...