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Absorbed Glass Mat (Agm) Battery Market: Global Industry Analysis And Forecast 2016 2026

1207 words - 5 pages

Absorbed Glass Mat (AGM) Battery Market:
Global Industry Analysis and Forecast 2016-2026

R e s e a r c h

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The amount of electrolyte is minimal in such batteries
and it contains only enough electrolyte to keep the mat wets. If we compare traditional lead acid batteries
with AGM batteries then AGM batteries are far more efficient because of its design and construction, better
lifespan, resistance to vibrations, no spillage or leakage and more capacity. 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 increasing demand for AGM
battery is favorable growth indicator for the global market and is projected to register a moderate CAGR
during the forecast period.
Request to view TOC : http://www.persistencemarketresearch.com/toc/11806

Absorbed Glass Mat (AGM) Battery Market: Drivers & Restraints
Stringent CO2 emission norms and start-stop functions in all the cars manufactured by European automobile
by 2020 is one of the key driver for Europe AGM battery market. Trucking industry has also now started using
AGM battery since it requires minimal maintenance. Renewable energy systems like solar power completely
depends on AGM batteries too and these factors are anticipated to strongly driver growth of the global AGM
battery market. Higher AGM technology costs as compared to lead-acid battery could be a potential restraint
for the global market of AGM battery.

Absorbed Glass Mat (AGM) Battery Market: Segmentation
The global automotive maintenance tools market can be segmented as follows:
Absorbed Glass Mat (AGM) Battery Market, by Distribution channel
ï‚· OEM
ï‚· Aftersales
Absorbed Glass Mat (AGM) Battery Market, by types
ï‚· Automobile Battery
ï‚· Inverter Battery
ï‚· Solar energy battery
ï‚· Alternate Energy
Absorbed Glass Mat (AGM) Battery Market, by output capacity
ï‚· 6V
ï‚· 8V

Absorbed Glass Mat (AGM) Battery Market, 2016 - 2026

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Absorbed Glass Mat Battery Market: Regional Outlook
Based on the geographic regions, global AGM market segmented into seven key market segments namely
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (APEJ), Japan and Middle East
& Africa (MEA). Western Europe is leading in terms of value in the AGM market, since the demand is driven
by the various upscale automobile companies and renewable energy systems established in the region
followed by North. The demand for AGM battery is gaining momentum in countries of Eastern Europe, APEJ
as well as Japan and during the forecast period, the demand will be augmented by the automobile, trucking
and renewable energy industry.

Absorbed Glass Mat Battery: Key Players
Some of the key players identified in the absorbed glass mat battery global market are
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