The global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%.
The growth of this market is expected to be driven by the inherent benefits of AGM batteries such as their maintenance free & non-spillable nature, upsurge in renewable energy investments, increasing demand for energy storage solutions for high-current applications such as UPS, and easily recycling of AGM batteries compared with lithium-ion batteries. The report covers the market segmented into type, voltage, end user, application, and geography.\
Key Market Players
Clarios (US), Power Sonic Corporation (US), Exide Technologies (US), C&D Technologies (US), Fullriver Battery (US), East Penn Manufacturing Company (US), Universal Power Group (US), EnerSys (US), among others, are the major players operating in AGM battery market.
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