866-997-4948(US-Canada Toll Free)

Published on : Nov 07, 2019

The global absorbed glass mat (AGM) separator batteries market is basically driven by surging investment in the electrification globally. A report, titled “Absorbed Glass Mat (AGM) Separator Batteries Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027.” The report offers the growth scenarios present globally as well as revenues of the overall absorbed glass mat (AGM) separator batteries market. The absorbed glass mat (AGM) separator batteries market report thoroughly discusses robust growth prospects and prominent strategies implicated by several key players operating in the global absorbed glass mat (AGM) separator batteries market, which are likely to benefit the market growth and grab leading position in terms of revenue in the market. The report is available on the website ResearchMoz.us as well.

Popularity of Lead Acid Batteries Fuels the Market

Developing electrical necessities making the requirement for traditional car batteries has brought attention toward the lead acid battery and further investment for innovation. Valve regulated lead acid (VRLA) batteries highlighting absorbed glass mat separators are approved to be a novel solution for addressing the concerns over battery execution and working. This is likely to incorporate improved security highlights. Its efficacy in the car applications has made critical open doors for absorbed glass mat (AGM) separator batteries key players. 

Request a Sample PDF copy with detailed Insights: https://www.researchmoz.us/enquiry.php?type=S&repid=2489979

Numerous manufacturers are focusing and investing on the mass production of AGM separator batteries especially used in cars and UPS. Global temperature is rising day-by-day and has encouraged an expansion in the demand for decreasing the utilization of petroleum products and especially petrol and diesel for its emission. Further, developing nations are increasingly adopting strategies for diminishing the GHG emission level. This is one of the components that are driving growth of the global absorbed glass mat (AGM) separator batteries market and is likely to remain key factor by the end of forecast period. 

Concerns over Environment Drive the Market

The trend if electric vehicles due to the virtue of stringent government guidelines relating to fuel utilization and carbon emission. Thus, consumers of the automotive industry are shifting toward using electric vehicles. As AGM separator batteries are broadly utilized in electric vehicles, the interest is estimated to fuel the absorbed glass mat (AGM) separator batteries market in coming years. 

The absorbed glass mat (AGM) separator batteries market is segmented based on type, application, and region. Based on type, the absorbed glass mat (AGM) separator batteries market is segmented into deep cycle and standby. Based on the application, the market is segregated in to automotive, ups, telecommunications, and others (renewable energy, marine, and consumer goods). 

On the region, the absorbed glass mat (AGM) separator batteries market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Of these, Asia Pacific is expected to dominate the global absorbed glass mat (AGM) separator batteries market. The surge in the urbanization and industrialization is pushing growth of the global absorbed glass mat (AGM) separator batteries market. Additionally, rising adoption from the European countries is likely to secure second leading share in terms of revenue in coming years. 

Some of the key players in the global absorbed glass mat (AGM) separator batteries market include Fengxin Industrial Co. Ltd, B&F Technology Limited, NINGBO BAIHENG SCIENCE&TECHNOLOGY CO., LTD., China Yangzhou Guotai Fiberglass Co., Ltd, HangZhou Longwin Industry Limited, Changzhou Utek Composite Co., Ltd., and Dongguan Pengcheng Separator Co., Ltd.

The report based on the absorbed glass mat (AGM) separator batteries market offers the insight over the information of manufacturers. It also analyzes the market share, opportunities, and current trend status along with its impact in growth in next few years. Additionally, the report based on the absorbed glass mat (AGM) separator batteries market examines the distribution channels, risks and entry barriers, and sales channels.