Blockchain in Manufacturing Market
Blockchain in Manufacturing Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Predictive Maintenance, Asset Tracking and Management, Business Process Optimization, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management , Quality Control and Compliance, Counterfeit Management
- By End Use Energy & Power, Industrial, Automotive, Pharmaceuticals, Aerospace & Defense, Food & Beverages, Textile & Clothing, Others (Electronics, Printing, Chemicals)
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 931.79 Million |
Revenue 2030: | USD 70058.50 Million |
Revenue CAGR (2023 - 2030): | 71.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Blockchain in Manufacturing Market by Application by End Use - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Blockchain in Manufacturing market.
FAQ
Frequently Asked Question
What is the global demand for Blockchain in Manufacturing in terms of revenue?
-
The global Blockchain in Manufacturing valued at USD 931.79 Million in 2022 and is expected to reach USD 70058.50 Million in 2030 growing at a CAGR of 71.60%.
Which are the prominent players in the market?
-
The prominent players in the market are NVIDIA Corporation (US), XAIN AG (Germany), CargoX (Slovenia), RIDDLE&CODE GMBH (Austria), Chronicled (US), LO3 Energy (US), Electron (UK), Filament (US), Grid Singularity (Germany), Shipchain (US), Microsoft Corporation (US), Advanced Micro Devices, Inc. (US), International Business Machines Corporation (US), Intel Corporation (US), Oracle Corporation (US), Factom (US), BigchainDB GmbH (Germany), Blockchain Foundry Inc. (Canada), Wipro Ltd. (India), Amazon.com, Inc. (US), Syncron International AB (Sweden), Electron (UK), ChromaWay AB (Sweden), Project Provenance Ltd (UK), Everledger Ltd. (UK), Supercomputing Systems AG (Switzerland), Storj Labs Inc. (US), and Cloud Technology Partners, Inc. (US)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 71.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Blockchain in Manufacturing include
- Invention of numerous applications and systems for gaining transparency in the business
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Blockchain in Manufacturing in 2022.