This AGM Batteries for Cars market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The AGM batteries for cars market size has grown strongly in recent years. It will grow from $12.02 billion in 2024 to $12.76 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to global supply chain developments, hybrid and electric vehicles, consumer preferences, economic factors, reliability, and durability requirements.
The AGM batteries for cars market size is expected to see strong growth in the next few years. It will grow to $15.97 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to the electrification of vehicles, stringent emission regulations, expansion of start-stop systems, aftermarket services and upgrades, and government incentives and support. Major trends in the forecast period include integration with advanced vehicle electronics, rapid growth in electric vehicles (EVs) and hybrids, enhanced performance and efficiency, expansion in commercial vehicle applications, and increased focus on environmental sustainability.
The growth of electric vehicles is expected to drive the expansion of the AGM batteries for cars market in the coming years. Electric vehicles (EVs) utilize electric motors powered by battery-stored energy, offering a cleaner alternative to traditional internal combustion engine vehicles. This growth is spurred by various factors, including increasing environmental concerns, government incentives promoting cleaner transportation, advancements in battery technology making EVs more practical, and a desire for energy independence. AGM batteries in EVs offer maintenance-free operation and improved safety, although they have lower energy density compared to lithium-ion batteries. In July 2023, the International Energy Agency reported that over 2.3 million electric cars were sold in the first quarter of that year, marking a 25% increase from the previous year. Sales are projected to reach 14 million by the end of 2023, representing a 35% year-on-year increase, with growth accelerating in the latter part of the year. This surge in electric vehicle adoption is a key driver of the AGM batteries for cars market growth.
Major companies in the AGM batteries for cars market are focusing on developing advanced solutions, such as the innovative SLI-AGM battery for automotive applications, to meet various industry demands. The advanced SLI-AGM battery plays a crucial role in automotive use by powering engine starts, lights, and accessories, and is especially suitable for stop-start systems and a variety of vehicle types. For example, in July 2024, Exide Industries Ltd, an India-based battery manufacturer, launched a new Absorbent Glass Mat (AGM) battery tailored for starting, lighting, and ignition (SLI) applications in the automotive sector. This new SLI-AGM battery is designed to offer superior starting power, increased durability, and potentially a longer lifespan compared to traditional lead-acid batteries. The launch of these AGM batteries aligns with the growing demand from original equipment manufacturers (OEMs) for high-performance battery solutions, particularly in newer vehicles with energy-efficient technologies like regenerative braking. Exide is finalizing preparations for this launch, targeting both domestic and international markets and demonstrating its commitment to meeting the evolving needs of the automotive battery industry.
In May 2024, Energy Products Inc., a US-based battery distribution company, acquired Reliable Batteries Inc. for an undisclosed amount. The goal of this acquisition is to enhance Energy Products Inc.'s distribution network by utilizing Reliable Batteries Inc.'s logistics capabilities and expanding its customer base. This strategic move is expected to improve market competitiveness, streamline operations, and optimize service delivery. Reliable Batteries Inc. is a US-based company specializing in manufacturing and distributing battery solutions, including AGM batteries for automotive applications.
Major companies operating in the AGM batteries for cars market are Robert Bosch GmbH, GS Yuasa International Ltd., EnerSys, Exide Technologies, East Penn Manufacturing Company, Camel Group Co. Ltd, leoch International Technology Limited Inc, Hollingsworth and Vose, FIAMM Energy Technology S.p.A, C and D Technologies Inc., Shandong Sacred Sun Power Sources Co. ltd., CROWN BATTERY, Power Sonic Corporation, Hokuetsu Corporation, Mutlu Akü, Guangdong Dynavolt Power Technology, Universal Power Group, HOPPECKE Batterien GmbH and Co. KG, Surrette Battery's, Fullriver Battery, Vision Group SpA, Banner Batterien, Deltra Global Private.
North America was the largest region in the AGM batteries for cars market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AGM batteries for cars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the AGM batteries for cars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Absorbent glass mat (AGM) batteries for cars are a type of sealed lead-acid battery designed with glass mat separators to absorb and hold electrolyte solutions. They offer superior performance compared to traditional flooded lead-acid batteries, with benefits including maintenance-free operation, enhanced durability, and resistance to vibration and deep discharge.
AGM batteries for automobiles are divided into two primary categories, stationary and motive. Stationary AGM batteries utilize AGM technology to provide maintenance-free, long-term power storage for applications that do not require frequent movement. Passenger cars and electric vehicles are among the vehicle types that utilize AGM batteries, categorized by voltage ranges, less than 10 volts, 10 to 12 volts, and above 12 volts. These batteries are distributed through various channels, including OEM (original equipment manufacturer) and aftermarket sales.
The AGM batteries for cars market research report is one of a series of new reports that provides AGM batteries for cars market statistics, including AGM batteries for cars industry global market size, regional shares, competitors with a AGM batteries for cars market share, detailed AGM batteries for cars market segments, market trends and opportunities, and any further data you may need to thrive in the AGM batteries for cars industry. This AGM batteries for cars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The AGM batteries for cars market consists of sales of starting AGM batteries, deep cycle AGM batteries, dual-purpose AGM batteries, and enhanced flooded battery (EFB) batteries. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The AGM batteries for cars market size has grown strongly in recent years. It will grow from $12.02 billion in 2024 to $12.76 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to global supply chain developments, hybrid and electric vehicles, consumer preferences, economic factors, reliability, and durability requirements.
The AGM batteries for cars market size is expected to see strong growth in the next few years. It will grow to $15.97 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to the electrification of vehicles, stringent emission regulations, expansion of start-stop systems, aftermarket services and upgrades, and government incentives and support. Major trends in the forecast period include integration with advanced vehicle electronics, rapid growth in electric vehicles (EVs) and hybrids, enhanced performance and efficiency, expansion in commercial vehicle applications, and increased focus on environmental sustainability.
The growth of electric vehicles is expected to drive the expansion of the AGM batteries for cars market in the coming years. Electric vehicles (EVs) utilize electric motors powered by battery-stored energy, offering a cleaner alternative to traditional internal combustion engine vehicles. This growth is spurred by various factors, including increasing environmental concerns, government incentives promoting cleaner transportation, advancements in battery technology making EVs more practical, and a desire for energy independence. AGM batteries in EVs offer maintenance-free operation and improved safety, although they have lower energy density compared to lithium-ion batteries. In July 2023, the International Energy Agency reported that over 2.3 million electric cars were sold in the first quarter of that year, marking a 25% increase from the previous year. Sales are projected to reach 14 million by the end of 2023, representing a 35% year-on-year increase, with growth accelerating in the latter part of the year. This surge in electric vehicle adoption is a key driver of the AGM batteries for cars market growth.
Major companies in the AGM batteries for cars market are focusing on developing advanced solutions, such as the innovative SLI-AGM battery for automotive applications, to meet various industry demands. The advanced SLI-AGM battery plays a crucial role in automotive use by powering engine starts, lights, and accessories, and is especially suitable for stop-start systems and a variety of vehicle types. For example, in July 2024, Exide Industries Ltd, an India-based battery manufacturer, launched a new Absorbent Glass Mat (AGM) battery tailored for starting, lighting, and ignition (SLI) applications in the automotive sector. This new SLI-AGM battery is designed to offer superior starting power, increased durability, and potentially a longer lifespan compared to traditional lead-acid batteries. The launch of these AGM batteries aligns with the growing demand from original equipment manufacturers (OEMs) for high-performance battery solutions, particularly in newer vehicles with energy-efficient technologies like regenerative braking. Exide is finalizing preparations for this launch, targeting both domestic and international markets and demonstrating its commitment to meeting the evolving needs of the automotive battery industry.
In May 2024, Energy Products Inc., a US-based battery distribution company, acquired Reliable Batteries Inc. for an undisclosed amount. The goal of this acquisition is to enhance Energy Products Inc.'s distribution network by utilizing Reliable Batteries Inc.'s logistics capabilities and expanding its customer base. This strategic move is expected to improve market competitiveness, streamline operations, and optimize service delivery. Reliable Batteries Inc. is a US-based company specializing in manufacturing and distributing battery solutions, including AGM batteries for automotive applications.
Major companies operating in the AGM batteries for cars market are Robert Bosch GmbH, GS Yuasa International Ltd., EnerSys, Exide Technologies, East Penn Manufacturing Company, Camel Group Co. Ltd, leoch International Technology Limited Inc, Hollingsworth and Vose, FIAMM Energy Technology S.p.A, C and D Technologies Inc., Shandong Sacred Sun Power Sources Co. ltd., CROWN BATTERY, Power Sonic Corporation, Hokuetsu Corporation, Mutlu Akü, Guangdong Dynavolt Power Technology, Universal Power Group, HOPPECKE Batterien GmbH and Co. KG, Surrette Battery's, Fullriver Battery, Vision Group SpA, Banner Batterien, Deltra Global Private.
North America was the largest region in the AGM batteries for cars market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AGM batteries for cars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the AGM batteries for cars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Absorbent glass mat (AGM) batteries for cars are a type of sealed lead-acid battery designed with glass mat separators to absorb and hold electrolyte solutions. They offer superior performance compared to traditional flooded lead-acid batteries, with benefits including maintenance-free operation, enhanced durability, and resistance to vibration and deep discharge.
AGM batteries for automobiles are divided into two primary categories, stationary and motive. Stationary AGM batteries utilize AGM technology to provide maintenance-free, long-term power storage for applications that do not require frequent movement. Passenger cars and electric vehicles are among the vehicle types that utilize AGM batteries, categorized by voltage ranges, less than 10 volts, 10 to 12 volts, and above 12 volts. These batteries are distributed through various channels, including OEM (original equipment manufacturer) and aftermarket sales.
The AGM batteries for cars market research report is one of a series of new reports that provides AGM batteries for cars market statistics, including AGM batteries for cars industry global market size, regional shares, competitors with a AGM batteries for cars market share, detailed AGM batteries for cars market segments, market trends and opportunities, and any further data you may need to thrive in the AGM batteries for cars industry. This AGM batteries for cars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The AGM batteries for cars market consists of sales of starting AGM batteries, deep cycle AGM batteries, dual-purpose AGM batteries, and enhanced flooded battery (EFB) batteries. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. AGM Batteries for Cars Market Characteristics3. AGM Batteries for Cars Market Trends and Strategies4. AGM Batteries for Cars Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global AGM Batteries for Cars Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the AGM Batteries for Cars Market34. Recent Developments in the AGM Batteries for Cars Market
5. Global AGM Batteries for Cars Growth Analysis and Strategic Analysis Framework
6. AGM Batteries for Cars Market Segmentation
10 Volts To 12 Volts
7. AGM Batteries for Cars Market Regional and Country Analysis
8. Asia-Pacific AGM Batteries for Cars Market
9. China AGM Batteries for Cars Market
10. India AGM Batteries for Cars Market
11. Japan AGM Batteries for Cars Market
12. Australia AGM Batteries for Cars Market
13. Indonesia AGM Batteries for Cars Market
14. South Korea AGM Batteries for Cars Market
15. Western Europe AGM Batteries for Cars Market
16. UK AGM Batteries for Cars Market
17. Germany AGM Batteries for Cars Market
18. France AGM Batteries for Cars Market
19. Italy AGM Batteries for Cars Market
20. Spain AGM Batteries for Cars Market
21. Eastern Europe AGM Batteries for Cars Market
22. Russia AGM Batteries for Cars Market
23. North America AGM Batteries for Cars Market
24. USA AGM Batteries for Cars Market
25. Canada AGM Batteries for Cars Market
26. South America AGM Batteries for Cars Market
27. Brazil AGM Batteries for Cars Market
28. Middle East AGM Batteries for Cars Market
29. Africa AGM Batteries for Cars Market
30. AGM Batteries for Cars Market Competitive Landscape and Company Profiles
31. AGM Batteries for Cars Market Other Major and Innovative Companies
35. AGM Batteries for Cars Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
AGM Batteries for Cars Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on agm batteries for cars market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for agm batteries for cars ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The agm batteries for cars market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Stationary; Motive2) By Vehicle Type: Passenger Cars; Electric Cars
3) By Voltage: Less Than 10 Volts; 10 Volts To 12 Volts; Above 12 Volts
4) By Sales Channel: OEM (Original Equipment Manufacturer); Aftermarket
Subsegments:
1) By Stationary: Backup Power Systems for Cars; Emergency Power Supply (Eps) For Automotive Applications; Automotive Electrical Backup for Hybrid and Electric Vehicles (Evs); Power Supply for Car Audio Systems and Other in-Vehicle Electronics2) By Motive: Starting, Lighting, and Ignition (Sli) Batteries; Electric Vehicle (Ev) Batteries; Hybrid Vehicle (Hev) Batteries; Electric Start Batteries for Motorcycles and Small Vehicles; High-Performance Agm Batteries for Motorsports and Racing Applications
Key Companies Mentioned: Robert Bosch GmbH; GS Yuasa International Ltd.; EnerSys; Exide Technologies; East Penn Manufacturing Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this AGM Batteries for Cars market report include:- Robert Bosch GmbH
- GS Yuasa International Ltd.
- EnerSys
- Exide Technologies
- East Penn Manufacturing Company
- Camel Group Co. Ltd
- leoch International Technology Limited Inc
- Hollingsworth and Vose
- FIAMM Energy Technology S.p.A
- C and D Technologies Inc.
- Shandong Sacred Sun Power Sources Co. ltd.
- CROWN BATTERY
- Power Sonic Corporation
- Hokuetsu Corporation
- Mutlu Akü
- Guangdong Dynavolt Power Technology
- Universal Power Group
- HOPPECKE Batterien GmbH and Co. KG
- Surrette Battery's
- Fullriver Battery
- Vision Group SpA
- Banner Batterien
- Deltra Global Private
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 12.76 Billion |
| Forecasted Market Value ( USD | $ 15.97 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 24 |
