Forecasting the Absorbent Glass Mat (AGM) Battery Market: How Will It Reach USD 13.9 Billion?
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,...