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AGM Batteries For Cars Market Expansion Outlook: What Revenue Opportunities Are Ahead?
The agm batteries for cars market size has grown strongly in recent years. It will grow from $12.6 billion in 2025 to $13.26 billion in 2026 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to automotive production growth, replacement of flooded batteries, demand for reliable starting power, growth of passenger cars, battery standardization.
The agm batteries for cars market size is expected to see steady growth in the next few years. It will grow to $16.08 billion in 2030 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to electric vehicle penetration, advanced automotive electronics, demand for longer battery life, cold cranking performance needs, smart battery management. Major trends in the forecast period include growing demand for start-stop systems, rising adoption in electric cars, preference for maintenance-free batteries, expansion of aftermarket sales, demand for vibration-resistant batteries.
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AGM Batteries For Cars Market Growth Factors Behind Sustained Expansion
Growth in electric vehicles is expected to propel the growth of the AGM batteries for cars market going forward. An electric vehicle (EV) is a car powered by an electric motor using energy stored in batteries, offering a cleaner alternative to traditional internal combustion engine vehicles. Growth in electric vehicles is due to several factors, such as growing environmental concerns, government incentives for cleaner transportation, advancements in battery technology making electric vehicles more practical, and a desire for energy independence. AGM batteries in electric vehicles provide maintenance-free operation and enhanced safety, though they have a lower energy density compared to lithium-ion batteries. For instance, in July 2023, according to the Internal Energy Agency, a France-based autonomous intergovernmental organization, over 2.3 million electric cars were sold in the first quarter of that year, a 25% increase from the same period last year. By the end of 2023, sales are expected to reach 14 million, representing a 35% year-on-year increase, with growth accelerating in the second half of the year. Therefore, growth in electric vehicles is driving the growth of the AGM batteries for cars market.
AGM Batteries For Cars Market Segment Breakdown: Which Categories Lead On Revenue?
The agm batteries for cars market covered in this report is segmented –
1) By Type: Stationary, Motive
2) By Voltage: 10 Volts To 12 Volts, Above 12 Volts
3) By Sales Channel: OEM (Original Equipment Manufacturer), Aftermarket
Subsegments:
1) By Stationary: 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 Electronics
2) By Motive: Starting, Lighting, And Ignition (Sli) Batteries, Hybrid Vehicle (HEV) Batteries, High-Performance Agm Batteries For Motorsports And Racing Applications
AGM Batteries For Cars Market Industry Trends Fueling Future Revenue Growth
Major companies operating in the AGM batteries for cars market are focusing on developing technologically advanced solutions, such as advanced SLI-AGM battery for automotive to address several industry demands. The advanced SLI-AGM battery is essential for automotive use, powering engine starts, lights, and accessories, and is ideal for stop-start systems and various vehicle types. For instance, in July 2024, Exide Industries Ltd, an India-based battery company, launched an advanced Absorbent Glass Mat (AGM) battery specifically designed for starting, lighting, and ignition (SLI) applications in the automotive market. This new SLI-AGM battery aims to provide better starting power, enhanced durability, and potentially longer life compared to traditional lead-acid batteries. The introduction of these AGM batteries aligns with the increasing demand from original equipment manufacturers (OEMs) for high-performance battery solutions, particularly for newer vehicles equipped with energy-saving technologies like regenerative braking. Exide is finalizing preparations for this launch, which will target both domestic and international markets, emphasizing its commitment to meeting evolving automotive battery needs.
AGM Batteries For Cars Market Leading Players And Competitive Positioning
Major companies operating in the agm batteries for cars market report include Robert Bosch GmbH, GS Yuasa International Ltd., Exide Technologies, East Penn Manufacturing Company, EnerSys, FIAMM Energy Technology S.p.A., Camel Group Co. Ltd., Leoch International Technology Limited, Mutlu Akü, Banner Batterien, HOPPECKE Batterien GmbH & Co. KG, Clarios, Amara Raja Energy & Mobility Ltd., Sebang Global Battery, VARTA AG, FB Battery, Chaowei Power, Tianneng Battery Group, Zhejiang Fengfan Battery, Delkor Corporation
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AGM Batteries For Cars Market Geographic Analysis: Where Is Demand Rising Fastest?
North America was the largest region in the AGM batteries for cars market in 2025. 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 include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
