IoT is Driving Sustainable Battery Surge

ESG Investor

Dorian Maillard, Vice President at DAI Magister, explains the challenges and opportunities facing the growing market in efficient, eco-friendly power solutions.

In the expansive landscape of the Internet of Things (IoT), the quest for sustainable power solutions has emerged as a pivotal challenge. With the IoT market forecasted to surpass US$1.6 trillion by 2025, the demand for efficient power solutions has become increasingly pressing. However, the reliance on traditional batteries poses significant environmental and logistical hurdles, driving the imperative for sustainable alternatives.

The IoT market’s exponential growth, fuelled by advancements in connectivity, sensor technologies and data analytics, underscores the critical importance of sustainable power solutions. With over 75 billion connected devices projected to be in operation within the next decade, the reliance on conventional batteries is unsustainable in the long run. The proliferation of IoT devices, ranging from smart home gadgets to industrial sensors, has led to an unprecedented surge in battery consumption. The sheer number of batteries being utilised not only presents challenges in terms of resource depletion but also raises concerns about the environmental impact of battery disposal.

Rising demand for alternatives

Certain sectors within the IoT industry stand out as particularly in need of alternative battery solutions. For instance, industries such as healthcare, where continuous monitoring devices are extensively used, require reliable and long-lasting power sources to ensure uninterrupted operation. Moreover, in industrial settings, where sensors and monitoring devices are deployed in harsh environments and remote locations, sustainable battery alternatives can reduce maintenance costs and enhance operational efficiency. Additionally, in the realm of smart agriculture, where IoT devices are employed for precision farming and environmental monitoring, sustainable power solutions are essential to enable data-driven decision-making and optimise resource utilisation.

Despite efforts to recycle batteries, the process remains inefficient and often results in hazardous waste. Improper disposal of batteries can lead to soil and water contamination, posing risks to ecosystems and human health. In addition, the reliance on finite and environmentally damaging resources, such as lithium and cobalt, further exacerbates the sustainability issue. As the global demand for batteries continues to escalate, concerns over resource depletion, environmental degradation and geopolitical tensions surrounding resource extraction intensify.

The transition to sustainable battery alternatives is not only a matter of environmental responsibility but also a strategic imperative for ensuring the long-term viability of IoT deployments. By reducing reliance on conventional batteries, organisations can mitigate environmental risks, enhance operational efficiency, and contribute

The full article is available here. This article was published at ESG Investor.