AGM Battery Market Set to Surge: What It Means for the Future
The AGM battery market is projected to grow from USD 10,718 million in 2020 to USD 22,857.7 million by 2035. An anticipated CAGR of 5.7% from 2025 to 2035 reflects…
An AGM battery, or Absorbent Glass Mat battery, is a type of valve-regulated lead-acid (VRLA) battery. It uses a fibrous glass mat to absorb and retain the electrolyte, enabling the battery to function in any orientation without spilling. AGM batteries are known for their low internal resistance, which allows for high discharge rates and rapid charging capabilities. They are commonly used in applications where deep cycling is required, such as in renewable energy systems, electric vehicles, and uninterruptible power supplies (UPS). AGM batteries are maintenance-free, have a longer lifespan compared to traditional flooded lead-acid batteries, and offer better durability against vibrations and temperature extremes.
The AGM battery market is projected to grow from USD 10,718 million in 2020 to USD 22,857.7 million by 2035. An anticipated CAGR of 5.7% from 2025 to 2035 reflects…