Us Absorbed Glass Mat Diaphragm Battery Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Absorbed Glass Mat Diaphragm Battery Market was valued at USD 1.75 Billion in 2022 and is projected to reach USD 3.55 Billion by 2030, growing at a CAGR of 9.7% from 2024 to 2030.
The US Absorbed Glass Mat (AGM) Diaphragm Battery Market is a rapidly growing sector within the energy storage industry, especially due to its role in providing reliable and efficient power solutions for various applications. AGM batteries are gaining significant traction because of their advanced design, which enhances their lifespan and performance compared to traditional flooded lead-acid batteries. In this article, we will delve into the market dynamics, growth factors, and future prospects for AGM batteries in the US.
The AGM diaphragm technology is known for its ability to absorb the electrolyte into the glass mat separator, which reduces the risk of leakage and improves the overall safety and reliability of the battery. This design makes AGM batteries maintenance-free, unlike their flooded counterparts, which require regular upkeep. This feature alone has driven the adoption of AGM batteries in several sectors, including automotive, telecommunications, uninterruptible power supplies (UPS), and renewable energy storage systems.
According to recent data, the US AGM battery market is projected to expand at a steady compound annual growth rate (CAGR) due to the increasing demand for energy storage solutions across multiple industries. The automotive sector, particularly electric vehicles (EVs), is contributing significantly to the market growth. With the rising popularity of electric cars and the need for advanced power storage, AGM batteries are being incorporated into various EV models as a viable solution for reliable energy storage.
Another key factor driving the growth of AGM batteries in the US is the shift towards more eco-friendly and sustainable energy solutions. As consumers and industries alike seek greener alternatives, AGM batteries, with their high efficiency and low environmental impact, are becoming a preferred choice. The technology's ability to withstand extreme temperatures also makes it an ideal option for regions with harsh environmental conditions.
The demand for AGM batteries is expected to continue growing as industries push for smarter, safer, and more efficient power storage solutions. Moreover, technological advancements and innovations in AGM technology will only enhance the performance, lifespan, and cost-effectiveness of these batteries, further driving their adoption in various sectors.
The US market for AGM batteries is also influenced by the rising need for backup power sources. As power outages become more frequent and widespread due to natural disasters and aging infrastructure, industries and residential sectors alike are turning to AGM batteries to ensure continuous power supply. With the growing emphasis on smart grid systems and the integration of renewable energy sources, the AGM battery's role in providing backup power will be crucial in meeting the evolving energy demands.
In conclusion, as the US energy landscape shifts towards cleaner, more efficient energy solutions, AGM batteries are set to play a key role in the power storage market. With their enhanced safety features, environmental benefits, and reliability, AGM batteries are positioned for long-term growth. Furthermore, the increasing adoption of renewable energy and the rising demand for electric vehicles will continue to drive the market for AGM batteries in the US, making it a vital component of the broader energy storage industry.
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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 Global Absorbed Glass Mat Diaphragm Battery Market
Standard AGM Batteries
Deep Cycle AGM Batteries
High Rate AGM Batteries
Sealed AGM Batteries
Automotive
Telecommunication
Renewable Energy Systems
Uninterruptible Power Supply (UPS)
Marine Applications
Electric Vehicles
Residential
Commercial
Industrial
Aerospace
Military
12V AGM Batteries
6V AGM Batteries
24V AGM Batteries
Higher Voltage Types (48V and above)
Low Capacity (0-30 Ah)
Medium Capacity (31-100 Ah)
High Capacity (101-200 Ah)
Ultra High Capacity (>200 Ah)
Global (United States, Global 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 Global 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. Global Absorbed Glass Mat Diaphragm Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Absorbed Glass Mat Diaphragm Battery Market, By Type
6. Global Absorbed Glass Mat Diaphragm Battery Market, By Application
7. Global Absorbed Glass Mat Diaphragm Battery Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Absorbed Glass Mat Diaphragm Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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