PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1881225
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1881225
Battery Passport Market by Industry, Battery Type, Technology, End User, Business Model, Region - Global Forecast to 2035
The battery passport market is projected to reach USD 2.35 billion by 2035, from USD 0.15 billion in 2025, with a CAGR of 32.1%. The rollout of battery passports in Europe is accelerating as manufacturers align with the EU Battery Regulation. Firms are adopting blockchain-backed identifiers with secure cloud links, embedded memory units, and encrypted QR or NFC access to capture sourcing records, carbon metrics, chemistry data, and durability parameters. Sensor feeds from state-of-health indicators, cycle patterns, charging behavior, and thermal traces support consistent validation across major EU markets.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2023-2035 |
| Base Year | 2024 |
| Forecast Period | 2025-2035 |
| Units Considered | Value (USD Million) |
| Segments | Battery Passport Market by Industry, Battery Type, Technology, End User, Business Model, Region |
| Regions covered | Asia Pacific, Europe, and North America |
Blockchain platforms provide tamper-proof audit trails, permissioned access, and traceable lifecycle entries, while recyclers gain automated insights into material composition and recovery routes. Modular battery designs with onboard diagnostics, BMS encryption, OTA capability, and harmonized data formats streamline compliance, making verified lifecycle transparency mandatory for market participation.
"Automotive is expected to surpass other industries during the forecast period."
The automotive industry is expected to remain the largest adopter of battery passports as EV and PHEV volumes surge sharply across passenger and commercial segments from 2025 to 2032, with lithium-based chemistries maintaining a share of more than 90-95% and driving the need for authenticated sourcing, carbon metrics, durability data, and recycled-content validation. OEMs such as BMW, Mercedes-Benz, Volkswagen, Stellantis, and Kia are already integrating passport-ready data models to comply with EU Regulation 2023/1542, while Kia's public trials and similar initiatives across North America and Asia reflect the shift toward unified production-to-end-of-life traceability. These systems streamline supplier reporting, align BMS data with lifecycle indicators, and support recyclers and second-life operators with verified inputs for material recovery and reuse. The scale of upcoming EV deployment, tightening disclosure mandates, and region-wide harmonization efforts position automotive players as the primary drivers of reporting standards, interoperability frameworks, and lifecycle governance practices across the battery passport ecosystem.
"Sodium-ion is expected to exhibit the fastest growth during the forecast period."
The sodium-ion battery is advancing through focused commercial activity, with automotive and regional programs in China, India, and Europe accelerating its shift from pilot lines to scaled deployment. Industry leaders are pushing tangible progress. For instance, CATL is expanding its Naxtra platform for mobility and storage use cases. Northvolt has validated 160 Wh/kg cells for large-scale storage systems, while Faradion, under Reliance, is driving improvements in energy density and cycle stability to meet India's mobility and grid needs. These developments reflect a move toward cost-efficient alternatives where lithium supply pressures are significant. As adoption rises, battery passports will be essential for capturing sodium-specific parameters, such as hard-carbon or Prussian-blue characteristics, conductivity thresholds, stability markers, and voltage-curve behavior. This requires distinct reporting formats and BMS logic that differ from those of lithium-ion batteries due to their unique discharge signatures and thermal responses. A tailored passport framework will support supply chain qualification, operational reliability, and regulatory compliance as the chemistry gains industrial traction. Integrating these parameters into digital passport frameworks enhances validation processes and supports accurate end-of-life planning for sodium-ion assets. The chemistry's lower material cost and favorable sustainability characteristics align well with the rising need for traceable lifecycle data, prompting early adoption of digital battery passport structures for sourcing information, carbon metrics, and durability records.
"Europe is expected to be the largest market during the forecast period."
Europe is the primary operational region for the deployment of the Battery Passport under Regulation (EU) 2023/1542, which defines a machine-readable passport and interoperability requirements for relevant batteries, with implementation milestones applying to batteries exceeding the regulatory capacity threshold. Industry and research consortia are shaping the technical baseline. Across Europe, several EU member states are advancing digital battery passport initiatives. Notably, Germany leads the Battery Pass consortium, FIWARE, IPCEI Batteries, and the BASE project (with partners from Spain, Belgium, Lithuania, the Netherlands, and Ireland) in developing decentralized, interoperable passports utilizing distributed ledger technology. France contributes through recycling pilot projects linked to the GBA, while Sweden engages via value-chain working groups, and the Netherlands and Belgium participate in BASE. Industry consortia, such as Battery Pass, CIRPASS/CIRPASS 2, and the Catena X automotive ecosystem, are developing harmonized data models for material provenance, carbon accounting, cell and pack manufacturing, degradation, end-of-life routing, and secure digital identifiers with encrypted APIs that link BMS, MES, and ERP systems. Pilots in Germany, France, and Sweden are validating cross-party consent frameworks and real-time analytics for cycle and thermal history, positioning Europe as the most advanced region for standards-based battery passport deployment.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Battery Passport Providers - 69% and Others - 31%
- By Designation: CXOs - 46%, Managers - 23%, and Others - 31%
- By Region: North America - 8%, Europe - 61%, and Asia Pacific - 31%
The battery passport market is dominated by established players, including Minespider GmbH (Germany), AVL (Austria), Siemens (Germany), Circulor (UK), and Optel Group (Canada). These companies actively manufacture and develop new and advanced connectors. They have also set up R&D facilities and offer best-in-class products to their customers.
Research Coverage:
The study covers the battery passport market by industry (automotive, energy & utility, off-highway/industrial, other industries), battery type (lithium-ion, lead-acid, sodium-ion, other batteries), technology (blockchain-based battery passport, cloud-based battery passport, IoT & AI-integrated battery passport, other technologies), compliance (EU Battery Regulation-compliant batteries, batteries under pilot schemes, non-compliant/legacy batteries), end users (compliance end users, operational end users), business model (software-as-a-service platform, white-label solution, on-premise deployment, subscription, licensing, pay-per-use), and region (Asia Pacific, Europe, and North America). It also covers the competitive landscape and company profiles of the major players in the battery passport market.
Key Benefits of Purchasing this Report
The study provides a comprehensive competitive analysis of key market players, including their company profiles, key insights into product and business offerings, recent developments, and primary market strategies. The report will assist market leaders and new entrants with estimates of revenue figures for the overall battery passport market and its subsegments. It helps stakeholders understand the competitive landscape and gain additional insights to better position their businesses and develop effective go-to-market strategies. Additionally, the report provides information on key market drivers, restraints, challenges, and opportunities, enabling stakeholders to stay informed about market dynamics.
The report provides insights into the following points:
- Analysis of key drivers (battery supply chain transparency and sustainability, regulatory enforcement and compliance mandates, consumer-centric traceability and brand trust), restraints (data confidentiality and market reluctance, high CapEx and OpEx for compliance, fragmented standards and interoperability gaps), opportunities (circular economy, battery-as-a-service enablement), and challenges (transition and implementation challenges, technical complexity, data accuracy, governance, and cybersecurity) influencing market growth
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the battery passport market
- Market Development: Comprehensive information about lucrative markets; the report analyzes battery passports across various regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the battery passport market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Minespider GmbH (Germany), AVL (Austria), Siemens (Germany), Circulor (UK), and Optel Group (Canada)
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 List of secondary sources
- 2.1.1.2 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Primary interviewees from demand and supply sides
- 2.1.2.2 Breakdown of primary interviews
- 2.1.2.3 List of primary participants
- 2.1.1 SECONDARY DATA
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 DATA TRIANGULATION
- 2.4 FACTOR ANALYSIS
- 2.5 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
- 2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
- 3.1 KEY INSIGHTS AND MARKET HIGHLIGHTS
- 3.2 KEY MARKET PARTICIPANTS: SHARE INSIGHTS AND STRATEGIC DEVELOPMENTS
- 3.3 DISRUPTIVE TRENDS SHAPING MARKET
- 3.4 HIGH-GROWTH SEGMENTS AND EMERGING FRONTIERS
- 3.5 MNM INSIGHTS ON EU BATTERY REGULATIONS
- 3.6 SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BATTERY PASSPORT MARKET
- 4.2 BATTERY PASSPORT MARKET, BY REGION
- 4.3 BATTERY PASSPORT MARKET, BY BATTERY TYPE
- 4.4 BATTERY PASSPORT MARKET, BY INDUSTRY
- 4.5 BATTERY PASSPORT MARKET, BY TECHNOLOGY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Battery supply chain transparency and sustainability
- 5.2.1.2 Regulatory enforcement and compliance mandates
- 5.2.1.3 Consumer-centric traceability and brand trust
- 5.2.2 RESTRAINTS
- 5.2.2.1 Data confidentiality and market reluctance
- 5.2.2.2 Fragmented standards and interoperability gaps
- 5.2.2.3 High CapEx and OpEx for compliance
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Battery industry's shift toward circular economy
- 5.2.3.2 Rise of Battery-as-a-Service model
- 5.2.4 CHALLENGES
- 5.2.4.1 Data accuracy, governance, and cybersecurity concerns
- 5.2.4.2 Transition and implementation constraints
- 5.2.4.3 Technical complexity
- 5.2.1 DRIVERS
- 5.3 UNMET NEEDS AND WHITE SPACES
- 5.3.1 UNMET NEEDS
- 5.3.2 WHITE SPACES
- 5.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
- 5.4.1 SCALE OF COLLABORATION AND MARKET INTERDEPENDENCE
- 5.4.2 REGULATORY SYNCHRONIZATION AND COMPLIANCE TIMELINES
- 5.4.3 R&D COLLABORATION AND FUNDING SUPPORT
- 5.5 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
- 5.5.1 TIER 1
- 5.5.2 TIER 2
- 5.5.3 TIER 3
6 INDUSTRY TRENDS
- 6.1 MACROECONOMIC INDICATORS
- 6.1.1 INTRODUCTION
- 6.1.2 GDP TRENDS AND FORECAST
- 6.1.2.1 Regional GDP dynamics
- 6.1.2.1.1 Developed markets (US, EU, and Japan)
- 6.1.2.1.2 Emerging markets (China, India, and Southeast Asia)
- 6.1.2.2 Investment environment
- 6.1.2.3 Implications for battery passport adoption
- 6.1.2.1 Regional GDP dynamics
- 6.1.3 TRENDS IN EV AND EV BATTERY INDUSTRY
- 6.1.3.1 EV penetration and market dynamics
- 6.1.3.2 Battery manufacturing expansion
- 6.1.3.3 Regulatory and policy alignment
- 6.1.3.4 Strategic implications for stakeholders
- 6.2 ECOSYSTEM ANALYSIS
- 6.2.1 RAW MATERIAL SUPPLIERS AND MINERS
- 6.2.2 BATTERY MANUFACTURERS
- 6.2.3 OEMS
- 6.2.4 RECYCLERS AND SECOND-LIFE OPERATORS
- 6.2.5 DIGITAL PASSPORT AND TRACEABILITY PROVIDERS
- 6.2.6 REGULATORY AUTHORITIES AND GOVERNANCE ORGANIZATIONS
- 6.2.7 TECHNOLOGY AND AI PROVIDERS
- 6.2.8 AUDITORS AND CERTIFICATION AGENCIES
- 6.3 PRICING ANALYSIS
- 6.4 VALUE CHAIN ANALYSIS
- 6.5 CASE STUDY ANALYSIS
- 6.5.1 EFFICIENT RECYCLING PROCESSES THROUGH BATTERY PASSPORT DATA
- 6.5.2 BATTERY PASSPORT WITH QR AND BLOCKCHAIN TECHNOLOGY
- 6.5.3 BATTERY PASSPORT IMPLEMENTATION WITH MINESPIDER
- 6.6 US 2025 TARIFF
- 6.6.1 IMPACT OF US TARIFFS ON BATTERY VALUE CHAIN
- 6.6.1.1 Cost and import dynamics
- 6.6.1.2 Supply chain reorientation
- 6.6.2 REGULATORY ALIGNMENT AND TRANSPARENCY IMPLICATIONS
- 6.6.3 SPECIFIC IMPLICATIONS FOR BATTERY PASSPORT MARKET
- 6.6.3.1 Opportunity side
- 6.6.3.2 Risk/Headwind side
- 6.6.4 STRATEGIC CONSIDERATIONS FOR US BATTERY PASSPORT MARKET
- 6.6.5 RECOMMENDATIONS FOR STAKEHOLDERS
- 6.6.1 IMPACT OF US TARIFFS ON BATTERY VALUE CHAIN
- 6.7 KEY CONFERENCES AND EVENTS
- 6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 6.9 INVESTMENT AND FUNDING SCENARIO
- 6.10 BATTERY PASSPORT PILOT TRIALS
- 6.10.1 2023 BATTERY PASSPORT PILOT TRIALS
- 6.10.2 2024 BATTERY PASSPORT PILOT TRIALS
- 6.11 BATTERY PASSPORT FRAMEWORK
- 6.12 BATTERY PASSPORT INFORMATION
- 6.13 KEY CONSORTIUMS AND INITIATIVES IN BATTERY PASSPORT ECOSYSTEM
- 6.13.1 CATENA-X AUTOMOTIVE NETWORK (2021)
- 6.13.2 BATTERY PASS CONSORTIUM (2022)
- 6.13.3 GLOBAL BATTERY ALLIANCE BATTERY PASSPORT (2017)
- 6.13.4 CIRPASS PROJECT (2022)
- 6.14 BATTERY PASSPORT IMPLEMENTATION EFFORTS AND COST DRIVERS
7 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS
- 7.1 KEY TECHNOLOGIES
- 7.1.1 CELL CHEMISTRY AND MATERIAL-LEVEL TRACEABILITY
- 7.1.2 STATE-OF-HEALTH MONITORING AND LIFECYCLE DATA INTEGRATION
- 7.1.3 BLOCKCHAIN INTEGRATION FOR TAMPER-PROOF DATA
- 7.2 COMPLEMENTARY TECHNOLOGIES
- 7.2.1 BATTERY MANAGEMENT AND TELEMETRY SYSTEMS
- 7.2.2 IOT AND EDGE INTELLIGENCE INTEGRATION
- 7.2.3 ARTIFICIAL INTELLIGENCE, DIGITAL TWINS, AND PREDICTIVE ANALYTICS
- 7.3 ADJACENT TECHNOLOGIES
- 7.3.1 BATTERY RECYCLING AND END-OF-LIFE INTEGRATION
- 7.3.2 AUTOMATED DISMANTLING AND MATERIAL RECOVERY PROCESSES
- 7.4 TECHNOLOGY ROADMAP
- 7.5 IMPACT OF AI/GEN AI
- 7.5.1 TOP USE CASES AND MARKET POTENTIAL
- 7.5.2 INTERCONNECTED ECOSYSTEM AND IMPACT ON MARKET PLAYERS
- 7.5.3 CLIENTS' READINESS TO ADOPT GEN AI IN BATTERY PASSPORT MARKET
- 7.6 PATENT ANALYSIS
- 7.7 FUTURE APPLICATIONS
- 7.7.1 APPLICATION OF TRACEABILITY SYSTEMS FOR DATA COLLECTION
- 7.7.1.1 Future application
- 7.7.1.2 Strategic impact
- 7.7.2 INTEGRATION INTO OFFICIAL DOWNSTREAM PROCESSES
- 7.7.2.1 Future application
- 7.7.2.2 Strategic impact
- 7.7.3 AGGREGATION OF DATA FROM MULTIPLE BATTERY PASSPORTS
- 7.7.3.1 Future application
- 7.7.3.2 Strategic impact
- 7.7.1 APPLICATION OF TRACEABILITY SYSTEMS FOR DATA COLLECTION
8 SUSTAINABILITY AND REGULATORY LANDSCAPE
- 8.1 REGULATORY FRAMEWORK
- 8.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 8.1.2 REGULATIONS RELATED TO BATTERY PASSPORTS
- 8.1.2.1 Europe
- 8.1.2.1.1 EU Battery Regulation
- 8.1.2.2 North America
- 8.1.2.2.1 US Inflation Reduction Act
- 8.1.2.2.2 US Department of Energy's Battery Recycling Initiative
- 8.1.2.3 Asia Pacific
- 8.1.2.3.1 Automobile Management Act
- 8.1.2.1 Europe
- 8.1.3 COMPLIANCE COSTS PER BATTERY AND INFLUENCE ON OEM SOURCING STRATEGIES
- 8.1.4 INDUSTRY STANDARDS
- 8.1.5 REGULATIONS ON CIRCULARITY AND RESOURCE EFFICIENCY: DIN DKE SPEC 99100
- 8.2 SUSTAINABILITY INITIATIVES
- 8.2.1 CORE SUSTAINABILITY DIMENSIONS
- 8.2.1.1 Environmental impact transparency
- 8.2.1.2 Social responsibility and human rights compliance
- 8.2.1.3 Governance and data integrity
- 8.2.2 CIRCULAR ECONOMY INTEGRATION
- 8.2.3 GLOBAL COLLABORATIONS AND PILOTS
- 8.2.4 MEASURABLE SUSTAINABILITY OUTCOMES
- 8.2.5 CARBON IMPACT AND ECO-APPLICATIONS
- 8.2.1 CORE SUSTAINABILITY DIMENSIONS
- 8.3 SUSTAINABILITY IMPACT AND REGULATORY POLICY INITIATIVES
- 8.4 CERTIFICATION, LABELING, AND ECO-STANDARDS
9 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR
- 9.1 DECISION-MAKING PROCESS
- 9.2 KEY STAKEHOLDERS AND BUYING CRITERIA
- 9.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES
- 9.4 UNMET NEEDS FROM END-USE INDUSTRIES
10 BATTERY PASSPORT MARKET, BY COMPLIANCE
- 10.1 INTRODUCTION
- 10.2 EU BATTERY REGULATION-COMPLIANT BATTERIES
- 10.3 BATTERIES UNDER PILOT SCHEMES
- 10.3.1 BATTERY PASSPORT PILOT PARTICIPANTS
- 10.4 NON-COMPLIANT/LEGACY BATTERIES
11 BATTERY PASSPORT MARKET, BY BUSINESS MODEL
- 11.1 INTRODUCTION
- 11.2 BUSINESS MODELS BY MODE OF OPERATION
- 11.2.1 SOFTWARE-AS-A-SERVICE PLATFORM
- 11.2.2 WHITE-LABEL SOLUTION
- 11.2.3 ON-PREMISE DEPLOYMENT
- 11.3 BUSINESS MODELS BY REVENUE STREAM
- 11.3.1 SUBSCRIPTION
- 11.3.2 LICENSING
- 11.3.3 PAY-PER-USE/TRANSACTIONAL
12 BATTERY PASSPORT MARKET, BY END USER
- 12.1 INTRODUCTION
- 12.2 COMPLIANCE END USERS
- 12.2.1 BATTERY MANUFACTURERS
- 12.2.2 EV MANUFACTURERS
- 12.2.3 BATTERY RECYCLERS
- 12.3 OPERATIONAL END USERS
- 12.3.1 ENERGY STORAGE SYSTEM INTEGRATORS
- 12.3.2 UTILITY OPERATORS
- 12.3.3 FLEET OPERATORS
13 BATTERY PASSPORT MARKET, BY BATTERY TYPE
- 13.1 INTRODUCTION
- 13.2 LITHIUM-ION
- 13.2.1 REGULATORY COMPLIANCE FOR BATTERY TRACEABILITY TO DRIVE MARKET
- 13.3 LEAD-ACID
- 13.3.1 HIGH RECYCLING-EFFICIENCY AND SECOND-LIFE APPLICATIONS TO DRIVE MARKET
- 13.4 SODIUM-ION
- 13.4.1 ABUNDANT RAW MATERIALS, STRONG LOW-TEMPERATURE PERFORMANCE, AND SUPPLY CHAIN DIVERSIFICATION TO DRIVE MARKET
- 13.5 OTHER BATTERIES
- 13.6 PRIMARY INSIGHTS
14 BATTERY PASSPORT MARKET, BY TECHNOLOGY
- 14.1 INTRODUCTION
- 14.2 BLOCKCHAIN-BASED
- 14.2.1 TRACEABILITY, COMPLIANCE, AND DATA INTEGRITY ACROSS BATTERY SUPPLY CHAIN TO DRIVE MARKET
- 14.3 CLOUD-BASED
- 14.3.1 EFFICIENT LIFECYCLE TRACKING AND STREAMLINED REPORTING ACROSS BATTERY SUPPLY CHAIN TO DRIVE MARKET
- 14.4 IOT & AI-INTEGRATED
- 14.4.1 REAL-TIME MONITORING AND DATA-DRIVEN LIFECYCLE MANAGEMENT REQUIREMENTS TO DRIVE MARKET
- 14.5 OTHER TECHNOLOGIES
- 14.6 PRIMARY INSIGHTS
15 BATTERY PASSPORT MARKET, BY INDUSTRY
- 15.1 INTRODUCTION
- 15.2 AUTOMOTIVE
- 15.2.1 REGULATORY COMPLIANCE, CONSUMER DEMAND, AND SUPPLY CHAIN TRANSPARENCY TO DRIVE MARKET
- 15.3 ENERGY & UTILITY
- 15.3.1 ESG REQUIREMENTS, MATERIAL TRACEABILITY, AND SECOND-LIFE APPLICATIONS TO DRIVE MARKET
- 15.4 OFF-HIGHWAY/INDUSTRIAL
- 15.4.1 REGULATORY ADHERENCE, RISK MITIGATION, MATERIAL TRACEABILITY, AND STANDARDS ALIGNMENT TO DRIVE MARKET
- 15.5 OTHER INDUSTRIES
- 15.6 PRIMARY INSIGHTS
16 BATTERY PASSPORT MARKET, BY REGION
- 16.1 INTRODUCTION
- 16.2 ASIA PACIFIC
- 16.2.1 CHINA
- 16.2.2 JAPAN
- 16.2.3 SOUTH KOREA
- 16.2.4 INDIA
- 16.2.5 MALAYSIA
- 16.3 EUROPE
- 16.3.1 GERMANY
- 16.3.2 FRANCE
- 16.3.3 NETHERLANDS
- 16.3.4 SPAIN
- 16.3.5 FINLAND
- 16.3.6 SWEDEN
- 16.3.7 NORWAY
- 16.4 NORTH AMERICA
- 16.4.1 US
- 16.4.2 CANADA
17 COMPETITIVE LANDSCAPE
- 17.1 INTRODUCTION
- 17.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023-2025
- 17.3 MARKET SHARE ANALYSIS, 2024
- 17.4 BRAND/PRODUCT COMPARISON
- 17.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 17.5.1 STARS
- 17.5.2 EMERGING LEADERS
- 17.5.3 PERVASIVE PLAYERS
- 17.5.4 PARTICIPANTS
- 17.5.5 COMPANY FOOTPRINT
- 17.5.5.1 Company footprint
- 17.5.5.2 Region footprint
- 17.5.5.3 Battery type footprint
- 17.5.5.4 Industry footprint
- 17.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
- 17.6.1 PROGRESSIVE COMPANIES
- 17.6.2 RESPONSIVE COMPANIES
- 17.6.3 DYNAMIC COMPANIES
- 17.6.4 STARTING BLOCKS
- 17.6.5 COMPETITIVE BENCHMARKING
- 17.6.5.1 List of start-ups/SMEs
- 17.6.5.2 Competitive benchmarking of start-ups/SMEs
- 17.7 COMPETITIVE SCENARIO
- 17.7.1 PRODUCT LAUNCHES/DEVELOPMENTS
- 17.7.2 DEALS
- 17.7.3 EXPANSIONS
- 17.7.4 OTHER DEVELOPMENTS
18 COMPANY PROFILES
- 18.1 KEY PLAYERS
- 18.1.1 MINESPIDER GMBH
- 18.1.1.1 Business overview
- 18.1.1.2 Solutions offered
- 18.1.1.3 Recent developments
- 18.1.1.3.1 Product launches/developments
- 18.1.1.3.2 Deals
- 18.1.1.3.3 Other developments
- 18.1.1.4 MnM view
- 18.1.1.4.1 Key strengths
- 18.1.1.4.2 Strategic choices
- 18.1.1.4.3 Weaknesses and competitive threats
- 18.1.2 AVL
- 18.1.2.1 Business overview
- 18.1.2.2 Solutions offered
- 18.1.2.3 Recent developments
- 18.1.2.3.1 Product launches/developments
- 18.1.2.4 MnM view
- 18.1.2.4.1 Key strengths
- 18.1.2.4.2 Strategic choices
- 18.1.2.4.3 Weaknesses and competitive threats
- 18.1.3 SIEMENS
- 18.1.3.1 Business overview
- 18.1.3.2 Solutions offered
- 18.1.3.3 Recent developments
- 18.1.3.3.1 Deals
- 18.1.3.4 MnM view
- 18.1.3.4.1 Key strengths
- 18.1.3.4.2 Strategic choices
- 18.1.3.4.3 Weaknesses and competitive threats
- 18.1.4 CIRCULOR
- 18.1.4.1 Business overview
- 18.1.4.2 Solutions offered
- 18.1.4.3 Recent developments
- 18.1.4.3.1 Deals
- 18.1.4.4 MnM view
- 18.1.4.4.1 Key strengths
- 18.1.4.4.2 Strategic choices
- 18.1.4.4.3 Weaknesses and competitive threats
- 18.1.5 OPTEL GROUP
- 18.1.5.1 Business overview
- 18.1.5.2 Solutions offered
- 18.1.5.3 Recent developments
- 18.1.5.3.1 Deals
- 18.1.5.4 MnM view
- 18.1.5.4.1 Key strengths
- 18.1.5.4.2 Strategic choices
- 18.1.5.4.3 Weaknesses and competitive threats
- 18.1.6 CIRCULARISE
- 18.1.6.1 Business overview
- 18.1.6.2 Solutions offered
- 18.1.6.3 Recent developments
- 18.1.6.3.1 Deals
- 18.1.6.3.2 Expansions
- 18.1.7 DENSO CORPORATION
- 18.1.7.1 Business overview
- 18.1.7.2 Solutions offered
- 18.1.7.3 Recent developments
- 18.1.7.3.1 Product launches/developments
- 18.1.8 IPOINT-SYSTEMS GMBH
- 18.1.8.1 Business overview
- 18.1.8.2 Solutions offered
- 18.1.8.3 Recent developments
- 18.1.8.3.1 Deals
- 18.1.9 CHARGEZONE
- 18.1.9.1 Business overview
- 18.1.9.2 Solutions offered
- 18.1.9.3 Recent developments
- 18.1.9.3.1 Product launches/developments
- 18.1.10 RCS GLOBAL
- 18.1.10.1 Business overview
- 18.1.10.2 Solutions offered
- 18.1.10.3 Recent developments
- 18.1.10.3.1 Product launches/developments
- 18.1.10.3.2 Deals
- 18.1.10.3.3 Other developments
- 18.1.1 MINESPIDER GMBH
- 18.2 OTHER PLAYERS
- 18.2.1 PERFICIENT INC
- 18.2.2 BLOQSENS AG
- 18.2.3 TATA ELXSI
- 18.2.4 VOLVO CARS
- 18.2.5 THINGSPIRE
- 18.2.6 GLASSDOME
- 18.2.7 BATX ENERGIES
- 18.2.8 MICROVAST HOLDINGS, INC.
- 18.2.9 FARASIS ENERGY GMBH
- 18.2.10 EVERLEDGER LIMITED
- 18.2.11 RESOURCE
- 18.2.12 SPHERITY GMBH
19 APPENDIX
- 19.1 INSIGHTS FROM INDUSTRY EXPERTS
- 19.2 DISCUSSION GUIDE
- 19.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 19.4 CUSTOMIZATION OPTIONS
- 19.4.1 BATTERY PASSPORT MARKET, BY BATTERY TYPE, AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN REPORT)
- 19.4.2 BATTERY PASSPORT MARKET, BY INDUSTRY, AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN REPORT)
- 19.4.3 COMPANY INFORMATION
- 19.4.3.1 Profiling of additional market players (up to five)
- 19.5 RELATED REPORTS
- 19.6 AUTHOR DETAILS
List of Tables
- TABLE 1 MARKET DEFINITION, BY INDUSTRY
- TABLE 2 MARKET DEFINITION, BY BATTERY TYPE
- TABLE 3 MARKET DEFINITION, BY TECHNOLOGY
- TABLE 4 CURRENCY EXCHANGE RATES
- TABLE 5 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
- TABLE 6 ROLE OF COMPANIES IN ECOSYSTEM
- TABLE 7 INDICATIVE PRICING OF BATTERY PASSPORTS, 2024 (USD)
- TABLE 8 KEY CONFERENCES AND EVENTS, 2026
- TABLE 9 BATTERY PASSPORT IMPLEMENTATION EFFORTS AND COST DRIVERS
- TABLE 10 PATENT ANALYSIS
- TABLE 11 TRACEABILITY SYSTEM INTEGRATION AND DATA QUALITY IMPROVEMENTS
- TABLE 12 OFFICIAL DOWNSTREAM PROCESSES
- TABLE 13 AGGREGATED BATTERY PASSPORT DATA AND ANALYTICAL APPLICATIONS
- TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 17 INDUSTRY STANDARDS
- TABLE 18 REGULATIONS ON CIRCULARITY AND RESOURCE EFFICIENCY: DIN DKE SPEC 99100
- TABLE 19 DECISION-MAKING PROCESS OF KEY STAKEHOLDERS
- TABLE 20 MARKET OPPORTUNITIES FOR UNMET NEEDS
- TABLE 21 BATTERY PASSPORT PILOT PARTICIPANTS
- TABLE 22 BATTERY PASSPORT MARKET, BY BATTERY TYPE, 2023-2030 (USD MILLION)
- TABLE 23 BATTERY PASSPORT MARKET, BY BATTERY TYPE, 2031-2035 (USD MILLION)
- TABLE 24 LITHIUM-ION BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 25 LITHIUM-ION BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 26 LEAD-ACID BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 27 LEAD-ACID BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 28 SODIUM-ION BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 29 SODIUM-ION BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 30 OTHER BATTERIES: BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 31 OTHER BATTERIES: BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 32 BATTERY PASSPORT MARKET, BY TECHNOLOGY, 2023-2030 (USD MILLION)
- TABLE 33 BATTERY PASSPORT MARKET, BY TECHNOLOGY, 2031-2035 (USD MILLION)
- TABLE 34 BLOCKCHAIN-BASED BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 35 BLOCKCHAIN-BASED BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 36 CLOUD-BASED BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 37 CLOUD-BASED BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 38 IOT & AI-INTEGRATED BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 39 IOT & AI-INTEGRATED BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 40 OTHER TECHNOLOGIES: BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 41 OTHER TECHNOLOGIES: BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 42 BATTERY PASSPORT MARKET, BY INDUSTRY, 2023-2030 (USD MILLION)
- TABLE 43 BATTERY PASSPORT MARKET, BY INDUSTRY, 2031-2035 (USD MILLION)
- TABLE 44 AUTOMOTIVE: BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 45 AUTOMOTIVE: BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 46 ENERGY & UTILITY: BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 47 ENERGY & UTILITY: BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 48 OFF-HIGHWAY/INDUSTRIAL: BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 49 OFF-HIGHWAY/INDUSTRIAL: BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 50 OTHER INDUSTRIES: BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 51 OTHER INDUSTRIES: BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 52 BATTERY PASSPORT MARKET, BY REGION, 2023-2030 (USD MILLION)
- TABLE 53 BATTERY PASSPORT MARKET, BY REGION, 2031-2035 (USD MILLION)
- TABLE 54 ASIA PACIFIC: BATTERY PASSPORT MARKET, BY INDUSTRY, 2023-2030 (USD MILLION)
- TABLE 55 ASIA PACIFIC: BATTERY PASSPORT MARKET, BY INDUSTRY, 2031-2035 (USD MILLION)
- TABLE 56 EUROPE: BATTERY PASSPORT MARKET, BY INDUSTRY, 2023-2030 (USD MILLION)
- TABLE 57 EUROPE: BATTERY PASSPORT MARKET, BY INDUSTRY, 2031-2035 (USD MILLION)
- TABLE 58 NORTH AMERICA: BATTERY PASSPORT MARKET, BY INDUSTRY, 2023-2030 (USD MILLION)
- TABLE 59 NORTH AMERICA: BATTERY PASSPORT MARKET, BY INDUSTRY, 2031-2035 (USD MILLION)
- TABLE 60 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023-2025
- TABLE 61 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024
- TABLE 62 REGION FOOTPRINT
- TABLE 63 BATTERY TYPE FOOTPRINT
- TABLE 64 INDUSTRY FOOTPRINT
- TABLE 65 LIST OF START-UPS/SMES
- TABLE 66 COMPETITIVE BENCHMARKING OF START-UPS/SMES
- TABLE 67 BATTERY PASSPORT MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, 2023-2025
- TABLE 68 BATTERY PASSPORT MARKET: DEALS, 2023-2025
- TABLE 69 BATTERY PASSPORT MARKET: EXPANSIONS, 2023-2025
- TABLE 70 BATTERY PASSPORT MARKET: OTHER DEVELOPMENTS, 2023-2025
- TABLE 71 MINESPIDER GMBH: COMPANY OVERVIEW
- TABLE 72 MINESPIDER GMBH: SOLUTIONS OFFERED
- TABLE 73 MINESPIDER GMBH: PRODUCT LAUNCHES/DEVELOPMENTS
- TABLE 74 MINESPIDER GMBH: DEALS
- TABLE 75 MINESPIDER GMBH: OTHER DEVELOPMENTS
- TABLE 76 AVL: COMPANY OVERVIEW
- TABLE 77 AVL: SOLUTIONS OFFERED
- TABLE 78 AVL: PRODUCT LAUNCHES/DEVELOPMENTS
- TABLE 79 SIEMENS: COMPANY OVERVIEW
- TABLE 80 SIEMENS: SOLUTIONS OFFERED
- TABLE 81 SIEMENS: DEALS
- TABLE 82 CIRCULOR: COMPANY OVERVIEW
- TABLE 83 CIRCULOR: SOLUTIONS OFFERED
- TABLE 84 CIRCULOR: DEALS
- TABLE 85 OPTEL GROUP: COMPANY OVERVIEW
- TABLE 86 OPTEL GROUP: SOLUTIONS OFFERED
- TABLE 87 OPTEL GROUP: DEALS
- TABLE 88 CIRCULARISE: COMPANY OVERVIEW
- TABLE 89 CIRCULARISE: SOLUTIONS OFFERED
- TABLE 90 CIRCULARISE: DEALS
- TABLE 91 CIRCULARISE: EXPANSIONS
- TABLE 92 DENSO CORPORATION: COMPANY OVERVIEW
- TABLE 93 DENSO CORPORATION: SOLUTIONS OFFERED
- TABLE 94 DENSO CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
- TABLE 95 IPOINT-SYSTEMS GMBH: COMPANY OVERVIEW
- TABLE 96 IPOINT-SYSTEMS GMBH: SOLUTIONS OFFERED
- TABLE 97 IPOINT-SYSTEMS GMBH: DEALS
- TABLE 98 CHARGEZONE: COMPANY OVERVIEW
- TABLE 99 CHARGEZONE: SOLUTIONS OFFERED
- TABLE 100 CHARGEZONE: PRODUCT LAUNCHES/DEVELOPMENTS
- TABLE 101 RCS GLOBAL: COMPANY OVERVIEW
- TABLE 102 RCS GLOBAL: SOLUTIONS OFFERED
- TABLE 103 RCS GLOBAL: PRODUCT LAUNCHES/DEVELOPMENTS
- TABLE 104 RCS GLOBAL: DEALS
- TABLE 105 RCS GLOBAL: OTHER DEVELOPMENTS
- TABLE 106 PERFICIENT INC: COMPANY OVERVIEW
- TABLE 107 BLOQSENS AG: COMPANY OVERVIEW
- TABLE 108 TATA ELXSI: COMPANY OVERVIEW
- TABLE 109 VOLVO CARS: COMPANY OVERVIEW
- TABLE 110 THINGSPIRE: COMPANY OVERVIEW
- TABLE 111 GLASSDOME: COMPANY OVERVIEW
- TABLE 112 BATX ENERGIES: COMPANY OVERVIEW
- TABLE 113 MICROVAST HOLDINGS, INC.: COMPANY OVERVIEW
- TABLE 114 FARASIS ENERGY GMBH: COMPANY OVERVIEW
- TABLE 115 EVERLEDGER LIMITED: COMPANY OVERVIEW
- TABLE 116 RESOURCE: COMPANY OVERVIEW
- TABLE 117 SPHERITY GMBH: COMPANY OVERVIEW
List of Figures
- FIGURE 1 BATTERY PASSPORT MARKET SEGMENTATION
- FIGURE 2 RESEARCH DESIGN
- FIGURE 3 RESEARCH DESIGN MODEL
- FIGURE 4 KEY INDUSTRY INSIGHTS
- FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
- FIGURE 6 BOTTOM-UP APPROACH
- FIGURE 7 TOP-DOWN APPROACH
- FIGURE 8 DATA TRIANGULATION
- FIGURE 9 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
- FIGURE 10 KEY INSIGHTS AND MARKET HIGHLIGHTS
- FIGURE 11 STRATEGIC DEVELOPMENTS BY KEY MARKET PLAYERS
- FIGURE 12 DISRUPTIVE TRENDS SHAPING MARKET
- FIGURE 13 AUTOMOTIVE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
- FIGURE 14 NEW VALUE STREAMS FOR STAKEHOLDERS IN BATTERY PASSPORT MARKET
- FIGURE 15 NORTH AMERICA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
- FIGURE 16 ADOPTION OF EMBEDDED SENSORS IN BATTERY AND IOT INTEGRATION TO DRIVE MARKET
- FIGURE 17 EUROPE TO BE LARGEST MARKET FOR BATTERY PASSPORTS IN 2025
- FIGURE 18 LITHIUM-ION TO BE DOMINANT DURING FORECAST PERIOD
- FIGURE 19 AUTOMOTIVE TO SECURE LEADING POSITION DURING FORECAST PERIOD
- FIGURE 20 IOT & AI-INTEGRATED TO EXHIBIT FASTEST GROWTH DURING FORECAST PERIOD
- FIGURE 21 BATTERY PASSPORT MARKET DYNAMICS
- FIGURE 22 BATTERY SUPPLY CHAIN TRANSPARENCY
- FIGURE 23 DIGITAL DATA CHAIN IN TRACEABILITY SYSTEMS
- FIGURE 24 CIRCULAR ECONOMY IN BATTERY INDUSTRY
- FIGURE 25 EV BATTERY DEMAND, 2021-2024
- FIGURE 26 ECOSYSTEM ANALYSIS
- FIGURE 27 VALUE CHAIN ANALYSIS
- FIGURE 28 STRATEGIC CONSIDERATIONS FOR US BATTERY PASSPORT MARKET
- FIGURE 29 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- FIGURE 30 INVESTMENT AND FUNDING SCENARIO, 2021-2025
- FIGURE 31 2023 BATTERY PASSPORT PILOT TRIALS
- FIGURE 32 2024 BATTERY PASSPORT PILOT TRIALS
- FIGURE 33 BATTERY PASSPORT FRAMEWORK
- FIGURE 34 BATTERY PASSPORT INFORMATION
- FIGURE 35 BATTERY PASSPORT TECHNOLOGY ROADMAP
- FIGURE 36 PATENT ANALYSIS
- FIGURE 37 EU BATTERY REGULATION
- FIGURE 38 BATTERY PASSPORT MARKET, BY BUSINESS MODEL
- FIGURE 39 COMPARISON OF BUSINESS MODEL, BY MODE OF OPERATION
- FIGURE 40 COMPARISON OF BUSINESS MODEL, BY REVENUE STREAM
- FIGURE 41 BATTERY PASSPORT MARKET, BY END USER
- FIGURE 42 BATTERY PASSPORT MARKET, BY BATTERY TYPE, 2025 VS. 2035 (USD MILLION)
- FIGURE 43 BATTERY PASSPORT MARKET, BY TECHNOLOGY, 2025 VS. 2035 (USD MILLION)
- FIGURE 44 BATTERY PASSPORT MARKET, BY INDUSTRY, 2025 VS. 2035 (USD MILLION)
- FIGURE 45 BATTERY PASSPORT MARKET, BY REGION, 2025 VS. 2035 (USD MILLION)
- FIGURE 46 ASIA PACIFIC: BATTERY PASSPORT MARKET SNAPSHOT
- FIGURE 47 EUROPE: BATTERY PASSPORT MARKET SNAPSHOT
- FIGURE 48 NORTH AMERICA: BATTERY PASSPORT MARKET SNAPSHOT
- FIGURE 49 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024
- FIGURE 50 BRAND/PRODUCT COMPARISON
- FIGURE 51 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
- FIGURE 52 COMPANY FOOTPRINT
- FIGURE 53 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024
- FIGURE 54 SIEMENS: COMPANY SNAPSHOT
- FIGURE 55 DENSO CORPORATION: COMPANY SNAPSHOT
