Key players operating across the Asia Pacific AGM battery market include:
Shandong Sacred Sun Power Sources Co.
C&D Technologies
ENERSYS
Clarios
Exide Technologies
East Penn Manufacturing Company
THE FURUKAWA BATTERY CO., LTD
Mutlu Battery
GS Yuasa International Ltd
HOPPECKE Batterien GmbH & Co
leoch International Technology Limited
Amara Raja Batteries Ltd
CROWN BATTERY
Authors:
Ankit Gupta, Vishal Saini
Frequently Asked Questions (FAQ) :
The market size of AGM battery in APAC was reached USD 8.1 billion in 2023 and is estimated to cross USD 10.8 billion in 2032, owing to surging demand for reliable and efficient energy storage solutions, driven by rapid urbanization, industrialization, and increasing power consumption.
SLI application segment held a substantial market share of over 66% in 2022 and is poised to register about 3.1% CAGR through 2032, attributed to the escalating integration of start-stop systems within the automotive sector to enhance fuel efficiency.
China AGM battery market is expected to witness 3.6% CAGR between 2023 and 2032, owing to the rapid expansion of the automotive sector within the country, driven by rising urbanization, increasing disposable incomes, and a growing middle class.
THE FURUKAWA BATTERY CO., LTD., Mutlu Battery, GS Yuasa International Ltd., HOPPECKE Batterien GmbH & Co. KG, leoch International Technology Limited Inc, Amara Raja Batteries Ltd., and CROWN BATTERY.