Top Companies in Digital Product Passport (DPP) Industry

Top Companies in Digital Product Passport (DPP) Industry - AVL (Austria), Eviden (France), iPoint-systems (Germany), DNV (US) and Siemens (Germany)

The global market for Digital Product Passport (DPP) is anticipated to grow at a compound annual growth rate (CAGR) of 45.7% over the course of the forecast period, from an estimated USD 185.9 million in 2024 to USD 1,780.5 million by 2030. The growing demand for transparent and comprehensive product lifecycle data to enhance sustainability and compliance is driving the growth of the Digital Product Passport (DPP) market. The increasing use of digital tools in industries such as manufacturing, retail, and supply chain management has shifted attention to traceability, circular economy practices, and data-sharing frameworks. Companies are heavily investing in more advanced data collection and analysis techniques and integrating sustainability-driven metrics. This is being augmented by new innovative technologies, including blockchain, that ensure product information is accurate and reliable. Acceleration of DPPs due to the regulation of the Green Deal of the EU also speeds up adoption through the necessity to be transparent in the origin, materials, and potential for recycling in products. Regulations on privacy ensure that there are secure and private methods to maintain product data without violating the current global data protection laws.

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Top Companies in Digital Product Passport (DPP) Industry Include:

  • AVL (Austria)
  • Eviden (France)
  • iPoint-systems (Germany)
  • DNV (US)
  • Siemens (Germany)

Some leading players in the digital product passport market comprise of AVL (Austria), Eviden (France), iPoint-systems (Germany), DNV (US), Narravero (Germany), Optel Group (Canada), Siemens (Germany), 3E (US), Kezzler (Norway), EON (US), Circulor (UK), LyondellBasell (Netherlands), Arianee (France), Billon Group (UK), Qliktag (US), Protokol (Netherlands), Circularise (Netherlands), The ID Factory (Italy), Renoon (Netherlands), Spherity (Germany), ASM Global (India), Carboledger (US), Scantrust (Switzerland), Pathway Digital Products (UK), Minespider (Germany), Cirpass (France), Piconext (US), and PSQR (Denmark). These players have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the Digital Product passport market.

Siemens

Siemens stands as a worldwide leader in technology, acclaimed for its cutting-edge solutions in various fields, such as automation, digitalization, and electrification. Siemens leads the digital transformation of global industries with a strong portfolio that includes industrial machinery, smart infrastructure, and healthcare. The company has played a crucial role in incorporating advanced technologies like artificial intelligence, the Internet of Things (IoT), and cloud computing into conventional industries, assisting businesses in improving efficiency, sustainability, and productivity. Siemens’ dedication to innovation is demonstrated through its substantial investment in research and development, enabling it to sustain its competitive advantage in the worldwide market. An important aspect of Siemens' offerings is its play in the digital product passport area, whereby it plays a very significant role in promoting transparency and traceability throughout the entire lifespan of the products. It gives aiding industries meet the regulatory requirements, reduce waste, and enhance circular economy practices through solutions providing digital storage for the product's information regarding manufacturing processes, materials, and sustainability data. Siemens is assisting businesses in improving resource management, strengthening supply chain resilience, and achieving more sustainable manufacturing methods through its digital product passport solutions.

DNV

DNV (Det Norske Veritas) is an international quality assurance and risk management firm renowned for its independent certification, technical services, and creative solutions across multiple sectors. Founded in 1864, DNV has been crucial in industries like energy, maritime, oil and gas, renewable resources, and healthcare. The company operates with a mission to safeguard life, property, and the environment through its services, which include risk management, sustainability solutions, and certification. DNV’s expertise spans from assuring operational safety in complex industries to enabling digital transformation and sustainability through innovative technologies. In the digital product passport market, DNV is actively contributing by offering services that ensure products' compliance with environmental, social, and governance (ESG) standards. A digital product passport allows a detailed, digital record of a product’s lifecycle, enhancing transparency, traceability, and sustainability. DNV provides services in this field by establishing frameworks and standards to evaluate the carbon footprints, recycling possibilities, and other sustainability measures of products, enabling industries to comply with regulations and enhance circularity. The company's strategy is in line with the worldwide movement towards more sustainable and accountable management of product lifespans.

Eviden

Eviden is a worldwide frontrunner in digital transformation, focusing on delivering advanced solutions to boost innovation in different sectors. The firm concentrates on utilizing cutting-edge technologies like AI, cloud computing, cybersecurity, and data analytics to enhance business growth and operational effectiveness. Eviden helps organizations maximize their digital assets, enhance customer experiences, and achieve sustainable outcomes. In the digital product passport industry, Eviden is positioning itself as a key player by offering robust solutions that enable manufacturers and businesses to track and authenticate products throughout their entire lifecycle. Digital product passports- electronic documents, which provide significant information regarding a product's origin, production process, and its ecological features-will become very popular with increased consumer demand for transparency and sustainability. Eviden already offers solutions to this by generating secure, scalable platforms that would integrate easily into the existing systems of enterprises.

AVL

AVL, a major Austrian mobility technology company, created the Digital Battery Passport, a cloud-based solution that improves transparency and compliance throughout the battery value chain. This platform enables seamless data sharing among battery manufacturers, suppliers, recycling firms, and regulatory authorities, assuring compliance with forthcoming EU laws that will need digital product passports for batteries larger than 2 kWh beginning in 2027. AVL's Digital Battery Passport promotes environmental and social sustainability within the industry by offering a secure and efficient means of recording and reporting battery data throughout its lifecycle, in addition to assisting with regulatory compliance.

iPoint-systems

iPoint-systems, a German firm that specializes in compliance and sustainability solutions, provides a Digital Product Passport (DPP) that collects sustainability, environmental, and social data throughout the product's lifecycle. This tool helps businesses to collect, evaluate, and report the information required to assess the environmental, social, and economic implications of their products and related activities, thereby facilitating the transition to the circular economy. iPoint's DPP solution makes it easier to comply with changing requirements while also promoting transparency throughout supply chains.

Related Reports:

Digital Product Passport (DPP) Market by Focus Area (Supply Chain Management, Circular Economy, Customer Engagement, Environmental Impact Assessment), Lifecycle Stage (Product Design, Production, Distribution, End of Life) - Global Forecast to 2030

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Digital Product Passport (DPP) Market Size,  Share & Growth Report
Report Code
TC 9309
RI Published ON
1/31/2025
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