Press release
Battery Passport Software Market to Reach $642 Million by 2035 | Meticulous Research
Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=6257
According to this latest publication from Meticulous Research®, the global battery passport software market (Marché des logiciels Battery Passport) is projected to reach $642.05 million by 2035, growing at a CAGR of 31.2% from 2025-2035. The growth of this market is primarily driven by the enforcement of the EU Battery Regulation (2023/1542), the rapid adoption of electric vehicles (EVs), and the increasing focus on sustainability and ESG reporting.
However, high implementation costs and data privacy concerns restrain market growth. Furthermore, the rising demand for supply chain transparency and circular economy initiatives is expected to create significant growth opportunities for players in this market. Meanwhile, integration complexity and interoperability remain key challenges.
Key Players
The key players operating in the global battery passport software market are IBM Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Circulor Ltd. (U.K.), Minespider GmbH (Switzerland), Everledger Ltd. (U.K.), RCS Global Group (Germany), Battery Passport (U.S.).
What's Powering Growth in the Battery Passport Software Market (Markt für Batteriepass-Software)?
1. Regulatory Push - The EU Battery Regulation
The biggest catalyst is regulation. The EU mandates that by 2027, all EV and industrial batteries must carry a digital product passport containing details about materials, carbon footprint, and recyclability. Non-compliance could result in penalties of up to 4% of global turnover, making adoption unavoidable for automakers and battery manufacturers.
2. Electric Vehicle Boom
Global EV sales are expected to exceed 14 million units in 2024, and by 2030, annual production may surpass 40 million vehicles. This surge drives demand for robust traceability tools that manage battery warranties, recycling, and lifecycle optimization. Automakers like BMW, Volkswagen, and Tesla are already piloting or deploying battery passport platforms.
3. Rising Demand for ESG Transparency
Investors, governments, and consumers are demanding proof of ethical sourcing of raw materials like cobalt, nickel, and lithium. Battery passports provide verifiable digital records, ensuring companies meet ESG compliance and enhance brand reputation.
4. Circular Economy & Recycling
With global recycling capacity for EV batteries projected to grow more than tenfold by 2030, lifecycle management tools within battery passport software are essential. These solutions enable recyclers to assess a battery's health and reuse materials efficiently.
Browse in Depth : https://www.meticulousresearch.com/product/battery-passport-software-market-6257
Opportunities and Trends
Cloud-based Platforms Take the Lead
Cloud deployments currently dominate with a 45-50% share, offering scalability and lower costs. SaaS platforms are especially attractive for mid-sized players entering the compliance landscape.
AI, IoT, and Blockchain Integration
Emerging solutions use blockchain for tamper-proof traceability, AI for predictive analytics on battery health, and IoT sensors for real-time monitoring. These technologies are transforming digital passports from compliance tools into full lifecycle intelligence platforms.
Shift Toward Digital Product Passports (DPPs)
Digital product passport solutions hold 35-40% of the market and are expected to grow fastest, driven by EU regulations and the need for granular, standardized data sharing across supply chains.
Buy the Complete Report with an Impressive Discount: https://www.meticulousresearch.com/view-pricing/1574
Regional Insights
Europe: Leading the Global Market
Europe currently dominates the global market, supported by strict regulations, strong EV adoption, and heavy investments in traceability infrastructure. Germany is projected to register the fastest growth, with a CAGR of 34.2%, thanks to its strong automotive base and EU-backed digital infrastructure programs.
North America: Rapid Growth Under Policy Support
The U.S. is set to grow at a 29.8% CAGR, fueled by the Inflation Reduction Act, which incentivizes domestic EV battery production. Automakers such as GM and Ford are adopting digital passport systems to ensure compliance and improve consumer trust.
Asia-Pacific: Manufacturing Powerhouse
China, Japan, and South Korea are accelerating adoption as they dominate global battery production. China alone is expected to witness a 28.5% CAGR, with major players implementing passport systems to meet international export requirements.
Future Outlook: What's Next?
By 2035, battery passports will move beyond compliance to become a strategic asset for manufacturers, recyclers, and regulators alike. They will power second-life battery markets, improve recycling economics, and enhance EV consumer trust. Companies that invest early in AI-driven, blockchain-backed, cloud-based passport solutions will gain a competitive advantage in this rapidly evolving ecosystem.
Related Reports
Alternative Battery Technologies Market: https://www.meticulousresearch.com/product/alternative-battery-technologies-market-6158
Artificial Intelligence (AI) in BFSI Market: https://www.meticulousresearch.com/product/artificial-intelligence-in-bfsi-market-6258
Digital Product Passport Market: https://www.meticulousresearch.com/product/digital-product-passport-market-6240
About Us:
We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with actionable market intelligence tailored to drive revenue transformation and strategic growth. Our insights reveal forward-looking revenue opportunities, providing our clients with a competitive edge through a diverse suite of research solutions-syndicated reports, custom research, and direct analyst engagement.
Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight key industry sectors and 20+ geographic markets. With a focus on solving the complex challenges facing global business leaders, our research enables informed decision-making that propels sustainable growth and operational excellence. We are dedicated to delivering high-impact solutions that transform business performance and fuel innovation in the competitive global marketplace.
Contact Us:
Meticulous Market Research Pvt. Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
Email- sales@meticulousresearch.com
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Visit Our Website: https://www.meticulousresearch.com/
For Latest Update Follow Us:
LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Battery Passport Software Market to Reach $642 Million by 2035 | Meticulous Research here
News-ID: 4161585 • Views: …
More Releases from Meticulous Research®
Artificial Intelligence in BFSI Market to Reach $193.5 Billion by 2035 | Meticul …
Meticulous Research®-a leading global market research company, published a research report titled, "Artificial Intelligence (AI) in BFSI Market by Application (Banking, Financial Services, Insurance), Deployment Mode (Cloud, On-premises, Hybrid), Technology (Machine Learning, Deep Learning, NLP, Computer Vision), Organization Size, and Geography-Global Forecast to 2035."
Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=6258
According to this latest publication from Meticulous Research®, the global AI in BFSI market is set for rapid expansion. Valued at…
Taste Modulators Market to Hit $2.50 Billion by 2031 | Transforming the Future o …
Meticulous Research®-a leading global market research company, published a research report titled 'Taste Modulators Market Size, Share, Forecast, & Trends Analysis by Type (Sweet, Salt, Fat Modulators), Form (Liquid, Powder), Application (Beverages {Non-Alcoholic, Alcoholic Beverage}, Food {Dairy, Savory, Snacks, Meat Products) - Global Forecast to 2031'.
According to this latest publication from Meticulous Research®, the taste modulators market (Marché des modulateurs de goût) is expected to reach $2.50 billion by 2031,…
Scaling New Heights: Cranes Market to Hit $51.7 Billion by 2032
Meticulous Research®-a leading global market research company, published a research report titled, 'Cranes Market by Type (Tower Cranes, Mobile Cranes, Overhead Cranes), Class (Class A {Standby Service}, Class B {Light Service}, Class C), Lifting Mechanism, Control Method, End-use Industry (Construction, Oil & Gas), and Geography - Global Forecast to 2032.'
According to this latest publication from Meticulous Research®, the cranes market (marché des grues) is expected to reach $51.7 billion by…
Sports Analytics Market Trends: Powering Strategy with Data
Meticulous Research®-a leading global market research company, published a research report titled, 'Sports Analytics Market by Offering, Deployment Mode, Type, Sports (Individual, Team), Application (Player Fitness and Safety, Broadcast Management), End User (Sport Associations, Media Organization), and Geography - Global Forecast to 2032.'
According to this latest publication from Meticulous Research®, the global sports analytics market is projected to reach $22.2 billion by 2032, at a CAGR of 25.3% from 2025-2032.…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
