North America Absorbed Glass Mat Diaphragm Battery Market was valued at USD 0.30 Billion in 2022 and is projected to reach USD 0.60 Billion by 2030, growing at a CAGR of 9.6% from 2024 to 2030.
The North American Absorbed Glass Mat (AGM) Diaphragm Battery market has been experiencing significant growth, driven by the increasing demand for reliable and high-performance energy storage solutions across various industries. AGM batteries are widely recognized for their durability, safety features, and exceptional deep cycle capabilities, making them a preferred choice for sectors such as automotive, telecommunications, and renewable energy.
One of the key applications of AGM batteries in North America is in the automotive industry, particularly for electric vehicles (EVs) and start-stop systems. The shift towards eco-friendly transportation has led to a surge in demand for AGM batteries, which offer higher energy efficiency and longer lifespan compared to traditional flooded lead-acid batteries. Additionally, the rising popularity of electric vehicles in North America is expected to drive further adoption of AGM batteries, contributing to the market’s expansion.
In the telecommunications sector, AGM batteries are crucial for providing uninterrupted power supply to communication equipment, ensuring that networks remain operational even during power outages. The increasing reliance on mobile data and internet services has heightened the need for reliable backup power systems, propelling the demand for AGM batteries in this industry.
Another emerging application is in the renewable energy sector, where AGM batteries are used in off-grid solar power systems to store energy for later use. The growing focus on sustainable energy solutions and reducing carbon footprints has further propelled the adoption of AGM batteries in North America, as they offer an efficient and environmentally friendly energy storage option.
With advancements in battery technology, North American industries are increasingly relying on AGM diaphragm batteries to meet their power requirements, offering a promising outlook for the market. As the demand for energy storage continues to rise, the North America Absorbed Glass Mat Diaphragm Battery Market is expected to witness sustained growth and innovation in the years to come.
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Clarios
Power Sonic Corporation
Universal Power Group
Yuasa Group
Fiamm Energy Technology
Exide Technologies
C&D Technologies
East Penn Manufacturing Company
Fullriver Battery
Enersys
Concorde Battery Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Absorbed Glass Mat Diaphragm Battery Market
Automotive
UPS
Industrial Applications
Energy Storage
Others
Based on Types the Market is categorized into Below types that held the largest Absorbed Glass Mat Diaphragm Battery market share In 2023.
Deep Cycle
Standby
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Absorbed Glass Mat Diaphragm Battery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Absorbed Glass Mat Diaphragm Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Absorbed Glass Mat Diaphragm Battery Market, By Type
6. North America Absorbed Glass Mat Diaphragm Battery Market, By Application
7. North America Absorbed Glass Mat Diaphragm Battery Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Absorbed Glass Mat Diaphragm Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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