Battery Passport Market Growth, Trends, Opportunities, and Outlook 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 battery passport is emerging as a compliance and intelligence framework that redefines competitiveness across the battery and mobility value chain. For battery manufacturers, it institutionalizes traceability and responsible sourcing, strengthening compliance with EU mandates while enabling data-driven differentiation. EV manufacturers are integrating passport data into product lifecycle management to enhance transparency, supply assurance, and ESG-linked investor confidence. Battery recyclers gain operational precision through verified material composition data, improving recovery yields and cost efficiency. On the operational front, energy storage system integrators, utilities, and fleet operators are leveraging passport-enabled insights for asset optimization, predictive maintenance, and residual value management. By industry, the energy &...