Growth in the automotive blockchain market is driven by increasing demand for supply-chain transparency and anti-counterfeit traceability, regulatory mandates such as EV battery passports, and secure data management needs, as Asia-Pacific is the fastest-growing region in next 5 years.
Hyderabad, Jan. 29, 2026 (GLOBE NEWSWIRE) — According to the latest report by Mordor Intelligence, the automotive blockchain market size is set for strong growth, rising from USD 1.05 billion in 2026 and projected to reach USD 3.26 billion by 2031, registering a 25.34% CAGR during 2026–2031. This growth reflects the industry’s broader digital shift, as blockchain addresses key challenges related to parts traceability, data integrity, and regulatory compliance. Increasing concerns over counterfeit components and the rollout of battery passport frameworks are further accelerating adoption across the automotive value chain. Automakers are increasingly exploring blockchain to improve supply chain transparency and data management, supporting long-term digital transformation initiatives.
Automotive Blockchain Market Trends and Growth Drivers
Regulatory frameworks enabling battery passports to ensure EV origin and traceability
Upcoming EU battery passport requirements are pushing automakers to adopt blockchain as a practical way to track battery materials across the entire vehicle life cycle. Early movers are already using distributed ledgers to document sourcing, recycled content, and environmental impact in a format that aligns with future regulatory audits. New compliance platforms are emerging that verify provenance while protecting confidential supplier information, turning regulation into a scalable digital service. Similar policy discussions in North America are reinforcing this trend, supporting wider adoption of blockchain solutions across the global automotive ecosystem.
Rising data security requirements for connected and autonomous vehicles
The rapid growth of connected and autonomous vehicles is intensifying concerns around data security and system reliability. Automakers are turning to decentralized authentication to validate vehicle-to-vehicle and vehicle-to-infrastructure data without relying on vulnerable central systems. Distributed ledgers help ensure data integrity, support faster incident analysis, and align with emerging safety expectations for advanced autonomy. As onboard computing becomes more efficient, blockchain capabilities are increasingly being embedded directly into vehicle software architectures, reinforcing trust across the connected mobility ecosystem.
Automotive Blockchain Market Share by Region
North America has emerged as a leading region for automotive blockchain adoption, supported by early government-led digitization initiatives and tighter supply-chain security requirements. Regulatory focus on verified sourcing is pushing automakers to rely on blockchain as a trusted compliance layer. Close collaboration between major OEMs and cloud-based blockchain providers is helping move concepts into deployment faster, while steady venture funding in automotive hubs continues to nurture specialized ledger solutions.
Asia-Pacific is rapidly strengthening its position in automotive blockchain adoption, driven by aggressive EV rollout and supportive government programs. Expanded testing of advanced autonomous driving is increasing the need for secure vehicle communication systems, while national mobility strategies in key markets are directing investment toward digital identity and compliance technologies. At the same time, regional battery passport initiatives are helping suppliers align with international regulations, supporting deeper integration with global automotive supply chains.
Automotive Blockchain Market Segmentation Insights
By Application
- Manufacturing
- Supply Chain and Logistics
- Financing and Payments
- Insurance and Usage-Based Services
- Mobility Services
- Vehicle and Battery Passport
- Others
By End User
- Original Equipment Manufacturers (OEMs)
- Tier-1 Suppliers
- Mobility-as-a-Service Providers
- Insurance Companies
- Vehicle Owners and Drivers
- Dealerships and Service Centres
- Regulators and Authorities
By Blockchain Type
- Public Blockchain
- Private or Permissioned Blockchain
- Consortium Blockchain
- Hybrid Blockchain
By Mobility Model
- Personal Mobility
- Shared Mobility
- Commercial and Logistics Fleets
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
To know more about the segments driving the automotive blockchain market growth, visit –
https://www.mordorintelligence.com/industry-reports/automotive-blockchain-market?utm_source=Globenewswire
Companies in the Automotive Blockchain Industry
- IBM Corporation
- Microsoft Corporation
- Accenture plc
- Tech Mahindra Limited
- BigchainDB GmbH
- carVertical
- XAIN AG
- HCL Technologies Ltd.
- Helbiz
- NXM Labs Inc.
- RSK Labs
- Autoblock
- GEM
- SHIFT Mobility Inc.
- Loyyal Corporation
- Bosch Group
- Continental AG
- BMW Group
- Ford Motor Company
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