India Absorbed Glass Mat (AGM) Separator Batteries Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at a CAGR 8.1% during a forecast period.

To know about the Research Methodology:-Request Free Sample Report

Absorbent Glass Mat is an innovative lead-acid battery that gives better power, also match electrical need of the automobile’s applications. AGM batteries are incredibly resistant to vibration, fixed, non- spillable and maintenance free. AGM offers better cycling execution, negligible gassing and acid spillage when compared with orthodox lead- acid batteries. In AGM batteries, an absorbent glass mats maintains the distance between positive and negative plates, which holds the sulfuric acid and keeps it from flowing freely inside the battery. The plates are tightly packed into every cell and held under pressure in the plastic case. The internal compression restricts the shedding of plate material caused by cycling and are considers to have significant life compared to other batteries.

The scope of the report includes a comprehensive study of Indian market considering all states and their political, economic, social, technological, environmental and legal background, which helps to gain knowledge about Absorbed Glass Mat (AGM) Separator Batteries with the rationales given for variants in the growth of the industry in certain states.

Developing accentuation on expanding the eco-friendly vehicles, combined with consideration of laws on regular vehicles have prompted an expanded interest for battery-controlled vehicles. This goes about as an open door for the makers of absorbed glass mat separator batteries to build their generation base for assembling bigger volumes of batteries. Therefore, Indian market is anticipated to witness significant growth throughout forecast period due to the manufacturers are fortifying their product facilities via; producing the maintenance-free and non-spillable batteries. Challenging regulations of Indian government affecting to fuel consumption and carbon emissions, which are responsible for electric vehicles market growth. Also, upsurge in manufacturing of electrical vehicle and extensive use of AGM separator batteries in electric vehicles, are expected to drive the absorbed glass mat separator batteries market in throughout forecasted period. On the other hand, the high cost of AGM separator batteries and their distribution process is anticipated to hinder overall market growth. Also presence of alternates, such as nickel-cadmium-based batteries and lithium-ion batteries, restrain the growth of India AGM Separator Battery market during forecasted period.

In AGM Separator Batteries market report, the Type segment comprises Deep Cycle and Standby. The Deep Cycle sub-segment held a leading shares, providing features like lowered water loss, low maintenance, and higher abuse tolerance in traction for e.g., golf cart batteries. The Application segment is comprises Automotive, UPS, Telecommunications and Others. The Automotive sub-segment is expected to hold XX% significant share considering current market.