Absorbent Glass Mat Battery Market Is Driven By Growing Demand From Telecommunication Industry
The Absorbent Glass Mat Battery Market provides high-rate discharge, excellent load characteristics and long life cycle to telecommunication systems. The mat battery contains a mat of micro-glass fibers placed between the positive and negative plates which acts as an electrolyte reservoir ensuring effective ion transfer during charge and discharge. The demand for uninterrupted power for telecom towers and data centers continues to drive the global AGM battery market.
The Global Absorbent Glass Mat Battery Market is estimated to be valued at US$ 16.96 Bn in 2024 and is expected to exhibit a CAGR of 9.5% over the forecast period 2024 to 2031. Key players operating in the absorbent glass mat battery are Procter & Gamble Co., Henkel AG & Co. KGaA, Unilever PLC, Reckitt Benckiser Group PLC, Church & Dwight Co., Inc., Colgate-Palmolive Company, Kao Corporation, Lion Corporation, The Clorox Company, McBride plc, S. C. Johnson & Son, Inc., Seventh Generation, Inc. (Unilever), Nice Group, Nirma Limited, Liby Enterprise Group Co., Ltd.
Key Takeaways
Key players: Key players operating in the absorbent glass mat battery market include Procter & Gamble Co., Henkel AG & Co. KGaA, Unilever PLC etc. Procter & Gamble Co leads the market with a market share of over 15% in 2024 owing to its wide distribution network and research & development initiatives.
Growing demand: The Absorbent Glass Mat Battery Market Demand is witnessing high growth due to increasing demand for continuous power supply from the telecommunication industry. 5G deployment is further driving the need for reliable backup power solutions in telecom towers.
Global expansion: Leading players are expanding globally to cater to the growing demand from developing regions of Asia Pacific and Latin America. Strategic partnerships with local players help established players to strengthen their distribution and service networks.
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