According to a new report published by Introspective Market Research, titled, “Absorbed Glass Mat (Agm) Separator Batteries Market by Type (Deep Cycle, Standby), Application (Automotive, UPS, Telecommunications, Others) Region Global Market Analysis and Forecast, 2023-2030,” The global Absorbed Glass Mat (Agm) Separator Batteries market size was valued at $ 22.60 Billion in 2023, and is projected to reach $ 32.1 Billion by 2030, registering a CAGR of 5.1% from 2023 to 2030. A lead-acid battery called an absorbed glass mat provides automobiles with a higher and better electrical current and facilitates vehicle start-stop operation. These batteries require minimal maintenance and have a high level of resistance to non-spillable vibrations. It offers superior cycling performance, less acid spillage, and little gassing when compared to traditional lead-acid batteries. The absorbent glass mat, which keeps sulfuric acid from flowing freely, is part of the absorbed glass mat. It also supports preserving the space between the positive and negative plates. Moreover, the AGM battery belongs to the class of valve-regulated lead acid (VRLA) batteries because it is a sealed battery.
These batteries are designed so that, rather than being vented, hydrogen and oxygen are recombined inside the battery. In the event of a high overcharge, an integrated valve will release additional gas. A glass fiber mat is flattened in between each plate to create an AGM battery. Similar to a sponge, the glass mat helps support the plates while holding the electrolytes in place. As a result, AGM batteries have strong vibration and shock resistance. AGM batteries have significantly less ventilation requirements than flooded batteries because they are sealed, allowing them to be placed on their sides if preferred. If necessary, they can be shipped via air. They function effectively in cold temperatures and may charge and discharge at notable speeds. The market will continue to grow as long as people follow the trend of electrical vehicles and convert from conventional to electric cars. A growing emphasis on reducing energy consumption is the main factor propelling the use of absorbed glass mat separator batteries.
AGM battery separators are versatile separators with a number of advantageous characteristics. The increasing demand from consumers for electrical components for autos is making power utilization an increasingly challenging task. This is especially true for electronic attachments like DVD players, anti-theft gadgets, power windows and seats, remote or voice-activated start, global positioning systems (GPS), brakes, and valve controls that boost safety, convenience, and energy efficiency. The need for batteries with larger capacity, as absorbed glass mat batteries, is rising as a result of the increasing integration of electric or electronic systems in automobiles. The market for AGM separator batteries is growing faster.
Integrating a network of renewable energy sources into the energy grid depends heavily on energy storage. In addition to contributing to energy security, energy storage can provide centralized, distributed electrical generation.
In the future , the consumer electronics market is expected to be driven by the growing middle-class population, changes in people's lives, and increasing inclination toward smart electronic products. The desire for the Internet and people's growing disposable wealth are both predicted to drive up demand for electronics. The building of telecommunication towers and the manufacturing of electronic storage devices, including computers, data centers, portable power banks, and other electrical equipment requiring a constant power source, have increased as a result of these factors. This will therefore likely fuel the battery business in the years to come, propelling the market for AGM separator batteries.
Global Absorbed Glass Mat (Agm) Separator Batteries Market, Segmentation
The Absorbed Glass Mat (Agm) Separator Batteries market is segmented based on type, application, and region.
Type:
The Deep Cycle, Standby type segment is further classified. Due to its supply qualities, which include easy maintenance, less water loss, and higher abuse tolerance in traction and golf cart batteries, the deep cycle sector held the largest market share over the forecast period. In order to power luxuries like heated seats, steering wheels, mirrors, and windshields, luxury cars frequently use AGM separator batteries. AGM products are vibration-resistant, NASCAR and other vehicle racing leagues favor them. Deep cycle batteries are used in a wide variety of applications. Batteries with absorbed glass mat separators use a glass fiber separator. It is frequently used in commercial deep cycle applications, electric vehicles, marine and RV home electricity, and renewable energy sources like solar and wind because of its high permeability and absorption capacity. Consequently, compared to standby batteries, deep cycle AGM batteries are utilized more frequently.
Application:
The application segment is further classified into Automotive, UPS, Telecommunications, Others. The demand for AGM separated batteries has grown due to the increased need for consumer electronics devices and electric vehicles, which has resulted in a major share of the market being held by the Automotive sub-segment.
Region:
The Absorbed Glass Mat (Agm) Separator Batteries market in Asia-Pacific is projected to show the fastest growth. Over the course of the estimated duration, this is expected to propel the market for AGM separator batteries. Lead-acid batteries are very inexpensive, there has been a notable increase in demand for them throughout the economies of Asia Pacific. It has low maintenance requirements, sealed lead-acid batteries, including AGM separator batteries, are becoming increasingly applicable. Companies have realized that the region's absorbed glass mat separator battery end-user sectors are growing, which has accelerated business growth.
Some of The Leading/Active Market Players Are-
- East Penn Manufacturing Co.Inc. (U.S)
- Hollingsworth & Vose (U.S)
- FIAMM Energy Technology S.p.A. (Italy)
- Fengxin Industrial Co. Ltd. (China)
- ShanDong Renfeng Special Materials Co. Ltd. (China)
- B&F Technology Limited (China)
- Nippon Sheet Glass Co.Ltd. (Japan)
- NINGBO BAIHENG SCIENCE&TECHNOLOGY CO. LTD. (China)
- Hokuetsu Corporation (Japan)
- GS Yuasa Corporation (Japan) and Other Active Players
Key Industry Developments
In December 2021, The Clarios, a producer of car batteries, will showcase a new smart energy storage technology called Smart AGM technology. Which will monitor the performance in real-time, deliver continuous low voltage power to optimize vehicle performance, anticipate the need for battery maintenance and provide safety-critical operations.
In October 2020, The East Penn Manufacturing Corporation world's largest single-side lead-acid battery facility, announces the Deka HRC battery, a new addition to the company's highly regarded advanced technology line. Key Findings of the Study
Key Findings of the Study
- The rising demand for electric vehicles and advanced electronic features will grow the AGM separator batteries market.
- Deep cycle AGM batteries dominate the market due to their easy maintenance, resistance to vibrations, and suitability for various applications.
- The Asia-Pacific region is experiencing the fastest growth in the AGM separator batteries market
