Absorbed Glass Mat (AGM) Battery Market
The demand for battery market has been healthy and AGM battery is gaining momentum currently owing to its nature of maintenance free battery and no hassle of topping up with distill water in frequent intervals.
The demand for battery market has been healthy and AGM battery is gaining momentum currently owing to its nature of maintenance free battery and no hassle of topping up with distill water in frequent intervals.
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<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>:<br />
Global Industry Analysis and Forecast 2016-2026
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, 2016 - 2026 Page |
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>: Global Industry Analysis and<br />
Forecast 2016-2026<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>: Overview<br />
<strong>Absorbed</strong> glass mat (<strong>AGM</strong>) battery is an advanced technology battery compared to lead- acid flooded battery.<br />
<strong>AGM</strong> batteries are constructed in such a way that the electrolyte is made to be suspended between the glass<br />
mat (primarily made of fiberglass) and battery plates. The amount of electrolyte is minimal in such batteries<br />
and it contains only enough electrolyte to keep the mat wets. If we compare traditional lead acid batteries<br />
with <strong>AGM</strong> batteries then <strong>AGM</strong> batteries are far more efficient because of its design and construction, better<br />
lifespan, resistance to vibrations, no spillage or leakage and more capacity. The demand for battery market<br />
has been healthy and <strong>AGM</strong> battery is gaining momentum currently owing to its nature of maintenance free<br />
battery and no hassle of topping up with distill water in frequent intervals. The increasing demand for <strong>AGM</strong><br />
battery is favorable growth indicator for the global market and is projected to register a moderate CAGR<br />
during the forecast period.<br />
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<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>: Drivers & Restraints<br />
Stringent CO2 emission norms and start-stop functions in all the cars manufactured by European automobile<br />
by 2020 is one of the key driver for Europe <strong>AGM</strong> battery market. Trucking industry has also now started using<br />
<strong>AGM</strong> battery since it requires minimal maintenance. Renewable energy systems like solar power completely<br />
depends on <strong>AGM</strong> batteries too and these factors are anticipated to strongly driver growth of the global <strong>AGM</strong><br />
battery market. Higher <strong>AGM</strong> technology costs as compared to lead-acid battery could be a potential restraint<br />
for the global market of <strong>AGM</strong> battery.<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>: Segmentation<br />
The global automotive maintenance tools market can be segmented as follows:<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, by Distribution channel<br />
OEM<br />
Aftersales<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, by types<br />
Automobile <strong>Battery</strong><br />
Inverter <strong>Battery</strong><br />
Solar energy battery<br />
Alternate Energy<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, by output capacity<br />
6V<br />
8V<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, 2016 - 2026 Page |
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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12V<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> <strong>Battery</strong> <strong>Market</strong>: Regional Outlook<br />
Based on the geographic regions, global <strong>AGM</strong> market segmented into seven key market segments namely<br />
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (APEJ), Japan and Middle East<br />
& Africa (MEA). Western Europe is leading in terms of value in the <strong>AGM</strong> market, since the demand is driven<br />
by the various upscale automobile companies and renewable energy systems established in the region<br />
followed by North. The demand for <strong>AGM</strong> battery is gaining momentum in countries of Eastern Europe, APEJ<br />
as well as Japan and during the forecast period, the demand will be augmented by the automobile, trucking<br />
and renewable energy industry.<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> <strong>Battery</strong>: Key Players<br />
Some of the key players identified in the absorbed glass mat battery global market are<br />
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Robert Bosch GmbH<br />
Duracell,<br />
Exide<br />
Trojan Batteries<br />
AMARON QUANTA<br />
ODYSSEY batteries<br />
Adventure Power<br />
Johnson Controls<br />
MK <strong>Battery</strong><br />
Defender Industries<br />
Tudor India Limited<br />
Centennial <strong>AGM</strong><br />
The research report presents a comprehensive assessment of the market and contains thoughtful insights,<br />
facts, historical data, and statistically supported and industry-validated market data. It also contains<br />
projections using a suitable set of assumptions and methodologies. The research report provides analysis<br />
and information according to categories such as market segments, geographies, types, technology and<br />
applications.<br />
The report covers exhaustive analysis on:<br />
<strong>Market</strong> Segments<br />
<strong>Market</strong> Dynamics<br />
<strong>Market</strong> Size<br />
Supply & Demand<br />
Current Trends/Issues/Challenges<br />
Competition & Companies involved<br />
Technology<br />
Value Chain<br />
Regional analysis include<br />
North America (U.S., Canada)<br />
Latin America (Brazil, Rest Of Latin America)<br />
<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, 2016 - 2026 Page |
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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Western Europe (Germany, Italy, France, U.K, Spain, Rest Of Western Europe)<br />
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)<br />
Asia Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)<br />
Japan<br />
Middle East and Africa (GCC countries, S. Africa, Rest Of MEA)<br />
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry<br />
analysts, inputs from industry experts and industry participants across the value chain. The report provides<br />
in-depth analysis of parent market trends, macro-economic indicators and governing factors along with<br />
market attractiveness as per segments. The report also maps the qualitative impact of various market factors<br />
on market segments and geographies.<br />
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Report Highlights:<br />
Detailed overview of parent market<br />
Changing market dynamics in the industry<br />
In-depth market segmentation<br />
Historical, current and projected market size in terms of volume and value<br />
Recent industry trends and developments<br />
Competitive landscape<br />
Strategies of key players and products offered<br />
Potential and niche segments, geographical regions exhibiting promising growth<br />
A neutral perspective on market performance<br />
Must-have information for market players to sustain and enhance their market footprint<br />
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<strong>Absorbed</strong> <strong>Glass</strong> <strong>Mat</strong> (<strong>AGM</strong>) <strong>Battery</strong> <strong>Market</strong>, 2016 - 2026 Page |
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