<img src="https://ml.globenewswire.com/Resource/Download/afcc5182-4ae0-43a8-a965-4351d590b7ed?size=2" nborder="0" align="left" hspace="5" vspace="5" title="MnM_logo_TM_JPG.JPG" alt="MarketsandMarkets Research Pvt. Ltd."/>Delray Beach, FL, Aug. 14, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- Battery Passport Market to Grow from USD 0.15 billion in 2025 to USD 2.35 billion by 2035, at a CAGR of 32.1% — MarketsandMarkets™ MarketsandMarkets™ projects the <a href="https://www.globenewswire.com/Tracker?data=P5UzH6knf6D8IArZB7YkJRclYSu_YfuKRP2fIS3cRz0-IzaDJAv_Cut-SWgNPZfZRgw69vLD0yxj5GhxsxJn_Gulc4cHK1Hkr6o5Lr_I7j-Auq9CsDyf50FPGMNvdj-MuYwDrlxLzEB-7jRNy6XtIgda16EZQG9rDe2e7rZakhQPuC0xNodYU68vkKpOf2HNlUhPeO8hKOdrKb5OxnA48FGALX8aMIPkbDtip8vKQO9We5HXP6NtDa0IuOwM38HZtG0rG8uxRwAUedfF6oVXn4l0LF5A66EcF1npyMGiZF4=" rel="nofollow" target="_blank" title="">battery passport market</a> is projected to reach USD 2.35 billion by 2035, from USD 0.15 billion in 2025, with a CAGR of 32.1%. The adoption trajectory of battery passports is shifting from a compliance-driven to a value-driven model. In 2025, the focus remains on compliance and preparation, primarily among Tier-1 suppliers and OEMs in Europe and North America, as they strengthen their IT and data infrastructures ahead of regulatory enforcement under the EU Battery Regulation. This stage is dominated by pilot projects and the establishment of interoperability standards through initiatives such as CEN/CENELEC and Catena-X DataSpace. By 2030, battery passports will have transitioned into a mandatory market access requirement, with the EU regulation mandating passports for EV and industrial batteries above 2 kWh. This will trigger rapid adoption, making compliance fundamental for participation in the European market. Get PDF Brochure — Market Data &amp; Segmentation: <a href="https://www.globenewswire.com/Tracker?data=1-IYwQAzlkRc8gD16JER2hIoibQy0AmhbT5KQJyXQ0XAV6Bku4_RNqgSMH6tCSoBl_mb9xbrOFIO0UDBArwx25EVrJfO9wpUct8lsl-DTQBQcQkk3bkgoF_xYGMvf4fg53yAUGtbLgwNi2kzSFL1VX9cjMMXw8VGEg_90yLroaV-JfRNJnxdqITdpJfssp1-mPjuGcOVsw1Hp8W_kRoFihtcpT0L9Dlntd8x6TER9Jtwo_9QOTE3EP-jcDbzVD-fpeLlI0W5FSbf4qPtHP8yvSgYqHb6xa5pi9rdMkLbq6Jyi1PqsgC3u40bFluw5XqhG2fZWVQhVP5SqL7G37yP7Q==" rel="nofollow" target="_blank" title="">https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=160933980</a> Key Market Highlights <ul><li style="margin-top:0in; margin-bottom:3pt;">Market size, 2025: USD 0.15 billion</li><li style="margin-top:0in; margin-bottom:3pt;">Market forecast, 2035: USD 2.35 billion</li><li style="margin-top:0in; margin-bottom:3pt;">Growth rate: CAGR of 32.1% from 2025 to 2035</li><li style="margin-top:0in; margin-bottom:3pt;">Largest region, 2025: Europe</li><li style="margin-top:0in; margin-bottom:0in;">Leading segment: IoT &amp; AI-integrated battery passport is expected to be the fastest-growing segment by technology during the forecast period.</li><li style="margin-top:0in; margin-bottom:3pt;">Report scope: 120 market data tables, 80 figures, 210 pages</li><li style="margin-top:0in; margin-bottom:3pt;">Key players: Minespider GmbH (Germany), AVL (Austria), Siemens (Germany), Circulor (UK), and Optel Group (Canada), among others.</li></ul> Why This Market Matters Battery supply chains are facing growing pressure to demonstrate where battery materials come from, how batteries are manufactured, their carbon footprint, and what happens to them at the end of their useful life. Battery passports address this challenge by creating a digital record of battery-related information across the lifecycle, helping manufacturers, OEMs, recyclers, and other stakeholders improve traceability, meet regulatory requirements, and support more transparent and circular battery supply chains. The transition toward mandatory battery passport requirements under the EU Battery Regulation is further turning digital traceability from a voluntary initiative into an important market-access requirement. Market Overview The battery passport market is shifting from an early compliance and preparation phase toward broader commercial adoption. In 2025, Tier-1 suppliers and OEMs, particularly in Europe and North America, are strengthening IT and data infrastructure while participating in pilot projects and interoperability initiatives. As regulatory requirements take effect, battery passports are expected to become increasingly integrated into EV and industrial battery supply chains, covering information such as material origin, carbon footprint, recycled content, battery performance, and end-of-life management. Analyst Perspective The evolution of battery passports represents a shift from viewing traceability as a regulatory burden to treating battery data as a strategic business asset. A standardized digital record can connect information across raw-material sourcing, manufacturing, vehicle use, second-life applications, and recycling, giving stakeholders greater visibility into battery value and compliance exposure. As the market develops, the competitive advantage will increasingly come from platforms that can combine reliable lifecycle data with interoperability, IoT connectivity, AI-driven analytics, and secure digital infrastructure rather than simply providing a compliance reporting tool. Speak to Our Analyst — Get Custom Insights: <a href="https://www.globenewswire.com/Tracker?data=1-IYwQAzlkRc8gD16JER2hIoibQy0AmhbT5KQJyXQ0W5kdii_vd-p9E_k4g8sP1htBUP6nnYmOaju8ZS7EBdxUJVi6GkMvXXZVSvi2DI7CGsPP0exEfGbz8JoZpua5M3qlUd19zHFNdSwXCj-p9n1wpmcipU-d38BZT6PcxJtKbDINgOG3-iv5Z7biEIHkLxLYHkHHk-zIDeNPq9Qb4NWKAu8Jwe_7HfZ-OnPRwL8JOfMYqgO3_H-FMJE2uwWMt4zd2pkadmIz4qTAazom2h2SNBVmM-MSvBDXCzyI27zmpYIszB20ecDuYoccxWDZcVJc4ZoeYYcuZ3a5D9-pMg445ncUh9ZpiHrwu4FYI7uD0=" rel="nofollow" target="_blank" title="">https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=160933980</a> Segment Analysis IoT and AI are emerging as strategic enablers for high-fidelity battery passports, giving enterprises a continuous, data-driven view of asset performance and compliance readiness. Embedded IoT modules deploy multi-sensor stacks that capture charge-rate gradients, impedance spectra, thermal propagation profiles, and micro-cycle stress signatures, routing encrypted data streams directly into cloud-linked battery-passport infrastructures. AI pipelines perform feature extraction, signal conditioning, and anomaly scoring to validate telemetry integrity and convert raw inputs into standardized battery passport fields, such as SOH/SOE projections, degradation coefficients, warranty-risk indices, carbon-intensity values, and sourcing validation outputs. This linkage ensures that operational, sustainability, and provenance data remain machine-readable and audit-ready under US, EU, and Asian reporting schemas. Growth is further accelerating as regulators mandate continuous, API-based lifecycle reporting rather than episodic submissions. Companies leverage IoT and AI-integrated battery passport stacks to reduce diagnostic workload, optimize predictive maintenance programs, strengthen second-life valuation models, and maintain authenticated data trails across deployment, repurposing, and recycling stages. The combined architecture stabilizes safety monitoring, shortens response cycles, and serves as a scalable governance layer for end-to-end battery lifecycle management. Regional Analysis Europe is the largest and most advanced market for battery-passport deployment, anchored by Regulation (EU) 2023/1542 and its requirements for machine-readable passports and interoperable data structures. Initiatives and consortia such as Battery Pass, CIRPASS/CIRPASS-2, and Catena-X are shaping Europe’s position as the largest market for battery passport deployment. They are aligning schemas, secure identifiers, and standardized APIs that connect BMS telemetry, MES/ERP data, and conformity records. Their pilots in Germany and the expansion of Catena-X hubs in France and Sweden are validating cross-party consent models, data exchange gateways, and analytics for cycle and thermal history. With Regulation (EU) 2023/1542 nearing phased enforcement, Europe’s coordinated regulatory and technical ecosystem offers the fastest pathway to implementing high-resolution, standards-driven battery passports. Key Industry Trends ·Lithium-ion batteries are expected to remain the largest battery-type segment, supported by their widespread use in EVs, industrial applications, and stationary energy storage and the growing need for traceability of sourcing, carbon metrics, and end-of-life performance. ·IoT &amp; AI-integrated battery passports are expected to be the fastest-growing technology segment as companies increasingly use connected sensors, AI analytics, and cloud-based platforms to monitor battery performance, degradation, sustainability indicators, and lifecycle data. ·North America is expected to record the highest growth rate during the forecast period, supported by developments in battery traceability, ESG reporting, digital infrastructure, and initiatives involving organizations such as NIST and industry participants. Competitive Landscape Top companies in the Battery Passport Market include Minespider GmbH (US), AVL (Austria), Siemens (Germany), Circulor GmbH (Germany), Optel Group (Canada), iPoint-systems GmbH, DENSO Corporation (Japan), RCS Global (UK), Circularise (Netherlands), ChargeZone (India). 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Report Code: AT 9516 | Published: Nov 2025 | Report Pages: 210 | Market Data Tables: 120 | Figures: 80</pre> <img alt="" src='https://ml.globenewswire.com/media/MDRjOTlhNWEtNTNmOS00NDQyLWFjYjktZWQ3YzIzNGQ1NWY2LTEyMDYwNjctMjAyNi0wOC0xNC1lbg==/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />

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Battery Passport Market to Grow from USD 0.15 billion in 2025 to USD 2.35 billion by 2035, at a CAGR of 32.1% — MarketsandMarkets™

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