GVR Report cover Absorbent Glass Mat Battery Market Size, Share & Trends Report

Absorbent Glass Mat Battery Market Size, Share & Trends Analysis Report By Type (Stationary, Motive), By Voltage (2-4 Volts, 6-8 Volts, 12 Volts & Above), By End Use (OEM, Aftermarket), By Application, By Region, And Segment Forecasts, 2025 - 2030

  • Report ID: GVR-4-68040-503-2
  • Number of Report Pages: 225
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2023
  • Forecast Period: 2025 - 2030 
  • Industry: Energy & Power

Market Size & Trends

The global absorbent glass mat battery market size was estimated at USD 12.20 billion in 2024 and is expected to expand at a CAGR of 5.49% from 2025 to 2030. This growth is driven by the increasing demand for energy-efficient and maintenance-free batteries across diverse applications such as automotive, uninterruptible power supply (UPS), industrial equipment, and renewable energy storage.

Absorbent Glass Mat Battery Market Size by Type, 2020 - 2030 (USD Billion)

AGM batteries' unique properties, including high durability, spill-proof design, and superior performance under deep cycling, make them highly preferred in industries emphasizing reliability and sustainability.

The automotive sector remains a key contributor to market growth, fueled by the rising adoption of start-stop systems and hybrid electric vehicles that rely on AGM batteries for improved fuel efficiency and reduced emissions. Additionally, the integration of renewable energy systems, which require efficient energy storage solutions, is further propelling the demand for AGM batteries. Industries such as telecommunications and data centers are also adopting AGM batteries for UPS systems due to their reliability and ability to perform in demanding environments.

However, challenges such as the high cost of AGM batteries compared to conventional alternatives and the availability of advanced lithium-ion technologies could restrain market growth. Despite these hurdles, ongoing innovations and increasing investments in sustainable energy solutions are expected to bolster the AGM battery market, positioning it as a critical component in the global energy storage and automotive landscapes.

Type Insights

Based on type, the industry is segmented into stationary and motive. Stationary emerged as the largest type segment in the global absorbent glass mat (AGM) battery market, holding a significant share of over 59.0% in 2024. This dominance is attributed to the widespread use of stationary AGM batteries in applications such as uninterruptible power supplies (UPS), renewable energy storage, telecommunications, and backup power systems, where reliability and durability are crucial.

Stationary AGM batteries are favored for their ability to deliver consistent performance in critical power applications. Industries such as data centers, healthcare, and utilities rely heavily on these batteries to ensure uninterrupted operations during power outages or grid fluctuations. Their low maintenance requirements, spill-proof design, and extended service life further enhance their appeal, contributing to their strong market presence globally.

On the other hand, the motive segment, while smaller in comparison, is also experiencing growth due to the rising adoption of AGM batteries in electric vehicles, forklifts, and other industrial equipment. As the global push for sustainability and electrification intensifies, the demand for motive AGM batteries is expected to grow steadily. Despite this growth, the stationary segment is likely to retain its leadership position in the AGM battery market, supported by robust demand across diverse end-use industries.

End Use Insights

Based on end-use, the industry is segmented into OEM and aftermarket. The OEM segment emerged as the largest application in the global absorbent glass mat (AGM) battery market, capturing over 60.0% of the market share in 2024. This dominance is largely driven by the growing demand for AGM batteries in new vehicles, backup power systems, and energy storage solutions, where OEMs integrate these batteries during the manufacturing process for their superior performance, longevity, and reliability.

OEMs prefer AGM batteries for their ability to provide efficient power management and reliability, especially in applications requiring high performance, such as automotive, telecommunications, and renewable energy systems. As the automotive industry increasingly adopts advanced technologies like start-stop systems and hybrid electric vehicles, the need for AGM batteries in OEM applications continues to rise. This trend has solidified the OEM segment's leading position in the market.

In contrast, the aftermarket segment, while growing, holds a smaller share of the AGM battery market. The aftermarket is primarily driven by the replacement and maintenance needs of end-users in automotive, industrial, and UPS applications. Although it is expected to see steady growth, particularly with the rising number of installed AGM batteries, the OEM segment will continue to dominate the market due to the growing adoption of AGM batteries in new equipment and vehicles.

Application Insights

Based on application, the industry is bifurcated into automotive, UPS, industrial, energy storage, and others. The automotive segment emerged as the largest type in the global absorbent glass mat (AGM) battery market, capturing over 60.0% of the market share in 2024. This dominance is primarily attributed to the increasing adoption of AGM batteries in modern vehicles, especially in those with advanced start-stop systems, hybrid electric vehicles, and commercial vehicles, which demand reliable, maintenance-free, and high-performance batteries.

AGM batteries are favored in the automotive sector due to their ability to deliver consistent power and withstand the vibrations and harsh conditions typically encountered in vehicles. As the automotive industry continues to innovate with electric and fuel-efficient vehicles, the demand for AGM batteries in automotive applications is expected to grow further. This growth is driven by the need for efficient power systems in electric vehicles (EVs), as well as in traditional vehicles with increasingly sophisticated electrical systems.

While the automotive segment holds the largest share, other segments like UPS, industrial applications, and energy storage are also contributing to the AGM battery market's expansion. UPS systems benefit from AGM batteries' reliability in providing backup power during outages, while energy storage solutions, particularly for renewable energy systems, are seeing growing adoption of AGM batteries for their efficiency and durability. However, the automotive segment is expected to continue leading the market due to the ongoing evolution of vehicle technologies and the increasing number of vehicles equipped with AGM batteries.

Voltage Insights

Based on voltage, the industry is segmented into 2-4 volts, 6-8 volts, 12 volts & above. The 12-volt & above segment has emerged as the largest voltage in the global absorbent glass mat (AGM) battery market, capturing over 55.0 % of the market share in 2024. This segment's dominance is driven by the extensive use of high-voltage AGM batteries in automotive applications, particularly for vehicles with start-stop systems, hybrid electric vehicles, and commercial vehicles that require reliable and efficient power sources.

The 12-volt & above AGM batteries are preferred for their ability to deliver higher power and longer service life, making them ideal for critical applications where reliability is key. These batteries are commonly used in automotive, backup power systems, and energy storage solutions, where they provide consistent performance in demanding environments. The increasing demand for electric vehicles, renewable energy systems, and backup power solutions is expected to further fuel the growth of this voltage segment.

Absorbent Glass Mat Battery Market Share by Voltage, 2024 (%)

While the 2-4 volts and 6-8 volts segments also play a role in niche applications, particularly in smaller backup systems and specific industrial equipment, they hold a smaller market share. However, the demand for 12 volts & above AGM batteries is anticipated to continue expanding, as industries and consumers increasingly prioritize high-performance, durable, and maintenance-free power solutions. This trend positions the 12-volts & above segment as a key player in the global AGM battery market.

Regional Insights

North America absorbent glass mat (AGM) battery market is growing rapidly due to technological advancements, increasing demand from the electric vehicle sector, and supportive government policies. The U.S. is a key player, with companies like Tesla, General Motors, and Ford investing heavily in AGM battery production, driving market growth across automotive, energy storage, and industrial applications.

U.S. Absorbent Glass Mat Battery Market Trends

The absorbent glass mat battery market in the U.S. is fueled by government initiatives and incentives aimed at promoting clean energy. The Biden administration’s support, including tax credits and funding for domestic battery production, has accelerated demand for AGM batteries, particularly in electric vehicles and energy storage systems. This legislative backing has spurred significant investments from both domestic and international manufacturers, further driving market expansion and positioning the U.S. as a leader in AGM battery technology.

Asia Pacific Absorbent Glass Mat Battery Market Trends

The absorbent glass mat battery market in Asia Pacific accounted for the largest revenue share of over 54.0% in 2024. This dominance is largely driven by the region's rapid growth in the automotive sector, particularly with the increasing adoption of start-stop systems, hybrid electric vehicles, and commercial vehicles, all of which rely on AGM batteries for reliable power. Additionally, the rising demand for energy storage solutions, driven by the expansion of renewable energy projects and the need for backup power systems in industries and residential sectors, further fuels the market. The region's significant manufacturing base, technological advancements, and strong presence of key players in automotive and industrial applications contribute to Asia Pacific’s leading position in the AGM battery market.

Absorbent Glass Mat Battery Market Trends, by Region, 2025 - 2030

China absorbent glass mat (AGM) battery market is benefiting from the country's large-scale automotive sector, particularly with the rise in electric vehicles (EVs) and the government’s push for new energy vehicles. China’s aggressive adoption of electric vehicles, combined with extensive charging infrastructure and consumer incentives, has created a strong domestic demand for AGM batteries. The country’s automotive market serves as a testing ground for battery technologies, providing manufacturers with an opportunity to refine their products and scale up production, which is propelling the AGM battery market forward.

Europe Absorbent Glass Mat Battery Market Trends

The absorbent glass mat battery market in Europe is experiencing robust growth, driven by the region’s strong automotive sector and increasing demand for energy-efficient solutions. Leading automotive manufacturers like Volkswagen, BMW, and Stellantis are significantly investing in AGM battery production, as they focus on electrification and energy storage solutions. Notable investments include Volkswagen’s commitment to sustainable energy storage systems and the expansion of battery production in Germany and France. These efforts are complemented by the growing demand for AGM batteries in electric vehicles, energy storage, and industrial applications. Europe's focus on reducing carbon footprints and enhancing battery technologies is further accelerating the adoption of AGM batteries across various sectors.

The UK absorbent glass mat battery market is expanding, supported by a blend of forward-thinking policies, industrial strategy, and technological innovations. The UK’s push towards electrification, including the commitment to ban petrol and diesel car sales by 2030, is fueling demand for AGM batteries, particularly in electric vehicles and energy storage. Major investments, such as Britishvolt’s planned gigafactory and Nissan’s existing battery plant, underscore the country's focus on developing a robust domestic AGM battery production infrastructure. This growth is pivotal in the UK’s clean energy transition.

Middle East & Africa Absorbent Glass Mat Battery Market Trends

The absorbent glass mat battery market in the Middle East and Africa is driven by ambitious economic diversification strategies. Countries like the UAE and Saudi Arabia are focusing on expanding their clean energy initiatives, with the UAE’s National Energy Strategy 2050 prioritizing increased reliance on renewable energy and battery storage infrastructure. Similarly, in Africa, the growing demand for reliable power solutions, especially in telecommunications and mobile money sectors, is propelling the AGM battery market. This demand for dependable energy storage systems is driving investments in AGM technology, positioning the region as a key player in the global battery market.

Key Absorbent Glass Mat Battery Company Insights

The competitive landscape of the absorbent glass mat (AGM) battery market is evolving rapidly, fueled by increasing demand across various sectors, including automotive, energy storage, and industrial applications. Key players range from established battery manufacturers to innovative startups, all vying to capitalize on the growing shift toward electric vehicles (EVs) and renewable energy solutions. Competition is further heightened by government incentives promoting clean energy initiatives and the need for enhanced battery performance. Asian-Pacific companies dominate the global production of AGM batteries, while North America and Europe focus on expanding domestic supply chains and reducing reliance on imports. Price competition, patent disputes, and strategic partnerships with automakers and energy providers are critical factors influencing market dynamics.

  • In November 2024, Exide Technologies, one of the leading companies in battery solutions for automotive and industrial sectors, introduced new products to its Absorbed Glass Mat (AGM) range, significantly enhancing its coverage in Europe by nearly one million additional vehicles. This launch, featuring the AGM EK454 and EK457 (45Ah/380A, size B24), offers automotive aftermarket professionals an opportunity to drive revenue by providing customers with high-quality, reliable, and durable batteries. These products are designed with standard and thin taper terminals, in line with European Norm (EN) and Japanese Industrial Standard (JIS), ensuring compatibility with a broader range of vehicles and boosting flexibility in the aftermarket.

Key Absorbent Glass Mat Battery Companies:

The following are the leading companies in the absorbent glass mat (AGM) battery market. These companies collectively hold the largest market share and dictate industry trends.

  • Exide Technologies
  • Clarios
  • Power Sonic Corporation
  • EnerSys
  • East Penn Manufacturing Company
  • C&D Technologies
  • Fullriver Battery
  • Universal Power Group
  • BOSCH
  • LEOCH
  • Panasonic Industry Europe
  • Storage Battery Systems
  • Crown Battery
  • GS Battery
  • Cellpower Batteries
  • Fiamm Energy Technology
  • B.B. Battery
  • Concorde Battery Corporation
  • Victron Energy
  • Rolls Battery
  • Vmax Usa
  • Eaglepicher Technologies

Absorbent Glass Mat Battery Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 12.82 billion

Revenue forecast in 2030

USD 16.75 billion

Growth rate

CAGR of 5.49% from 2025 to 2030

Base year for estimation

2024

Historical data

2018 - 2023

Forecast period

2025 - 2030

Quantitative units

Revenue USD million/billion and CAGR from 2025 to 2030

Report coverage

Revenue forecast, competitive landscape, growth factors and trends

Segments covered

Type, voltage, end-user, application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country Scope

U.S.; Canada; Mexico; Germany; France; UK; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; UAE; Saudi Arabia; South Africa

Key companies profiled

Exide Technologies, Clarios, Power Sonic Corporation, EnerSys, East Penn Manufacturing Company, C&D Technologies, Fullriver Battery, Universal Power Group, BOSCH, Panasonic Industry Europe

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Absorbent Glass Mat Battery Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the absorbent glass mat battery market report on the basis of type, voltage, end-user, application, and region:

  • Type Outlook (Revenue, USD Billion, 2018 - 2030)

    • Stationary

    • Motive

  • Voltage Outlook (Revenue, USD Billion, 2018 - 2030)

    • 2-4 Volts

    • 6-8 Volts

    • 12 Volts & above

  • End-Use Outlook (Revenue, USD Billion, 2018 - 2030)

    • OEM

    • Aftermarket

  • Application Outlook (Revenue, USD Billion, 2018 - 2030)

    • Automotive

      • Motor Vehicle

      • Motorcycle

      • Others

    • UPS

    • Industrial

    • Energy Storage

    • Others

  • Regional Outlook (Revenue, USD Billion, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • South Korea

      • Australia

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • Saudi Arabia

      • UAE

      • South Africa

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