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ASEAN AGM Battery Market to Hit $1.2 Billion by 2035

by Harry

The ASEAN Adsorbent Glass Mat (AGM) Battery Market is projected to grow significantly, reaching a market value of USD 1.2 billion by 2035. This expansion reflects a compound annual growth rate (CAGR) of 8.5% from 2025 to 2035, driven by rising demand for sustainable energy solutions and electric vehicles (EVs) across Southeast Asia.

AGM batteries are gaining popularity due to their energy efficiency, long lifespan, and low maintenance needs. These features make them ideal for a range of applications, including automotive systems, industrial equipment, and backup power for telecommunications and manufacturing sectors.

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As ASEAN countries ramp up infrastructure development and invest in clean energy projects, the need for reliable and high-performance battery technologies is growing. AGM batteries have emerged as a strong alternative to traditional lead-acid batteries, offering enhanced safety, durability, and efficiency.

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The region’s increasing shift toward electric mobility and industrial automation is further accelerating demand. Industries are relying more on AGM batteries to ensure continuous power supply, reduce downtime, and support energy-efficient operations.

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With strong government backing for renewable energy adoption and improved power infrastructure, the AGM battery market in ASEAN is expected to maintain steady growth over the next decade.

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