The global AGM batteries for cars market is experiencing robust growth driven by the increasing demand for high-performance batteries in modern vehicles. Absorbent Glass Mat (AGM) batteries offer superior power, durability, and longer lifespan compared to traditional lead-acid batteries, making them ideal for start-stop systems and vehicles with advanced electronic features. The market is propelled by the rising adoption of electric vehicles (EVs) and hybrid vehicles, which require reliable and efficient energy storage solutions. In addition, stringent government regulations on emissions and fuel efficiency are encouraging automakers to incorporate AGM batteries for enhanced performance and environmental compliance. Leading manufacturers, such as Clarios, East Penn Manufacturing, ENERSYS, Leoch International, and Jiangxi Jingjiu Power, are investing in research and development to innovate and expand their product portfolios, further driving market growth. The expanding automotive sector in emerging economies also presents significant opportunities for market expansion.
The Global AGM Batteries for Cars Market size is projected to reach USD 17,171.09 million by 2030, with a CAGR of 4.8% during the forecast period of 2024 to 2031.
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Below are the Top Five AGM Batteries for Cars Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Clarios
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Clarios is a dominant player in the Absorbent Glass Mat (AGM) batteries market, known for its robust research and development capabilities, and a broad portfolio of products catering to various automotive applications. Their AGM batteries are designed for higher performance, reliability, and longer life, making them suitable for modern vehicles equipped with start-stop technology and advanced electrical systems.
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North America, Europe, Asia-Pacific
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In May 2022, Clarios collaborated with Natron on the world's first mass manufacturing of sodium-Ion batteries. This collaboration ensured the company's stability and its product line expansion. Hence, it is expected to positively impact the growth of the global AGM batteries for cars market.
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2.
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East Penn Manufacturing Company
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East Penn's AGM batteries are well-regarded for their durability, performance, and environmental sustainability. The company's innovative approach and commitment to quality have earned it a strong reputation in the automotive industry. East Penn’s extensive distribution network and focus on customer satisfaction further solidify its position in the market.
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North America, Europe, South America, Asia-Pacific
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In January 2022, East Penn Manufacturing Company announced that the company had been awarded MVS Award. This industry Award recognizes companies that have demonstrated an exemplary commitment to their dealer network, employees, and community. Through this recognition, the company has promoted its products under the global AGM batteries for cars market.
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3.
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ENERSYS
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ENERSYS is renowned for its high-performance AGM batteries, which are used in various automotive and industrial applications. The company’s focus on innovation, quality, and customer service has helped it maintain a strong presence in the AGM batteries market. ENERSYS's AGM batteries are known for their high reliability and efficiency, making them a preferred choice for automotive applications.
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North America, Middle East and Africa, Europe, South America, Asia-Pacific
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In November 2022, ENERSYS announced a new line of ODYSSEY batteries for power sports vehicles at the Automotive Aftermarket Products Expo (AAPEX). Regarded as the most popular size for this application and the first in these group ranges to be available with proprietary Thin Plate Pure Lead (TPPL) technology. This is excepted to allow the company to increase its market dominance under the global AGM batteries for cars market.
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4.
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leoch International Technology Limited Inc
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Leoch's AGM batteries are designed for high performance and long life, catering to the needs of modern vehicles with advanced electrical systems. The company's strong emphasis on research and development, along with its extensive manufacturing capabilities, enables it to produce high-quality AGM batteries that meet global standards. Leoch's global distribution network ensures wide availability and customer support.
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North America, Middle East and Africa, Europe, Asia-Pacific
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In November 2022, leoch International Technology Limited Inc. powers the Fifa world cup Qatar 2022. This development will help the company for marketing its products through various tournaments. It will help the company to make a good position in the market and ultimately hit a positive impact on the global AGM batteries for cars growth.
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5.
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Jiangxi Jingjiu Power Science & Technology Co. Ltd
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Jiangxi Jingjiu Power's AGM batteries are known for their excellent performance, reliability, and cost-effectiveness. The company's commitment to quality and innovation has helped it establish a strong presence in the AGM batteries market. Jiangxi Jingjiu Power's AGM batteries are widely used in automotive applications, providing dependable power and enhanced vehicle performance.
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North America, Middle East and Africa, Europe, South America, Asia-Pacific
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In 2022, Jiangxi JingJiu Power Science and Technology Co. Ltd. won the "2022 top ten lead-acid battery industry enterprises". This achievement ensured the company's performance and position in the market. This positive position of the company will help to improve the global AGM batteries for cars market growth.
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Conclusion
The market is poised for significant growth due to the rising demand for advanced battery solutions that support modern automotive technologies. AGM batteries' superior performance, durability, and compatibility with start-stop systems and electric vehicles position them as a critical component in the evolving automotive landscape. Key players are driving innovation and expanding their offerings to meet this demand. With the automotive industry's shift towards more sustainable and efficient energy solutions, coupled with stringent regulatory standards, the AGM battery market is set to expand further, particularly in emerging economies. This growth trajectory highlights the increasing importance of AGM batteries in achieving higher performance and environmental compliance in the automotive sector.
