Automotive Industry Today
Automotive Blockchain Market Size to Reach USD 3.26 Billion by 2031, Driven by Battery Passport Compliance and Supply Chain Transparency Trends- Mordor Intelligence
Automotive Blockchain Market Overview
According to Mordor Intelligence, the automotive blockchain market size is projected to grow is USD 1.05 billion in 2026 and is forecast to reach USD 3.26 billion by 2031, registering a CAGR of 25.34% during the forecast period. This automotive blockchain market size growth reflects the increasing role of distributed ledger systems in improving transparency, data integrity, and compliance across vehicle manufacturing and mobility ecosystems.
The rising need for parts traceability, secure vehicle data exchange, and digital compliance documentation is shaping the automotive blockchain industry. Automakers, suppliers, insurers, and regulators are deploying blockchain platforms to streamline documentation, authenticate components, and manage vehicle lifecycle records. As regulatory oversight tightens and electric vehicle adoption rises, the automotive blockchain market size continues to expand across major regions.
Key Automotive Blockchain Market Trends
Battery Passport Compliance Driving Automotive Blockchain Market Demand: One of the most influential automotive blockchain market trends is the implementation of battery passport requirements in Europe. These rules require detailed tracking of battery components, recycled content, and carbon footprint across the lifecycle of electric vehicles.
Supply Chain Transparency and Anti-Counterfeit Measures: The automotive blockchain market is gaining traction as automakers aim to reduce counterfeit parts risks and improve recall management. Blockchain-enabled supply chain networks replace manual paperwork with tamper-proof digital records.
Connected Vehicle Data Security and OTA Documentation: The increasing volume of connected vehicle data has raised concerns about cybersecurity and data authenticity. Blockchain solutions are being explored to validate vehicle-to-vehicle and vehicle-to-infrastructure communications.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/automotive-blockchain-market?utm_source=industrytoday
Automotive Blockchain Market Segmentation Analysis
By Application
- Manufacturing
- Supply Chain and Logistics
- Financing and Payments
- Insurance and Usage-Based
- Mobility Services
- Vehicle/Battery Passport
- Others
By End User
- OEMs
- Tier-1 Suppliers
- Mobility-as-a-Service Providers
- Insurance Companies
- Vehicle Owners and Drivers
- Dealerships and Service Centers
- Regulators and Authorities
By Blockchain Type
- Public Blockchain
- Private/Permissioned Blockchain
- Consortium Blockchain
- Hybrid Blockchain
By Mobility Model
- Personal Mobility
- Shared Mobility
- Commercial and Logistics Fleet
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
Automotive Blockchain Market Competitive Landscape
The automotive blockchain industry features a mix of global technology providers and specialized blockchain firms. Companies are forming partnerships with automakers and suppliers to build scalable and compliant platforms.
Key Players in the Automotive Blockchain Market:
- Microsoft Corporation
- BigchainDB GmbH
- IBM Corporation
- Accenture plc
- Tech Mahindra Limited
Conclusion
The automotive blockchain market is steadily transitioning from pilot projects to production-scale deployments. Growing compliance requirements, increasing connected vehicle data volumes, and the need for supply chain transparency are reinforcing the role of distributed ledger systems across the automotive ecosystem.
Overall, the automotive blockchain industry is positioning itself as a foundational digital layer for next-generation mobility, supporting secure data exchange, lifecycle traceability, and trusted collaboration among stakeholders.
Industry Related Reports
Vehicle Access Control Market: https://www.mordorintelligence.com/industry-reports/vehicle-access-control-market?utm_source=industrytoday
Electric Bus Charging Infrastructure Market size: https://www.mordorintelligence.com/industry-reports/electric-bus-charging-infrastructure-market?utm_source=industrytoday
Vehicle Toll Collection and Access System Market share: https://www.mordorintelligence.com/industry-reports/vehicle-toll-collection-and-access-system-market?utm_source=industrytoday
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