Blockchain in Manufacturing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The interconnectivity and interdependence of factories and manufacturing units worldwide have amplified the importance of blockchain technology in this sector. With the increasing global demand for energy, companies in the power and energy industries are rapidly adopting blockchain solutions to enhance processes and improve production efficiency. This surge in demand for blockchain solutions is driving the expected growth rate of the blockchain market in the manufacturing industry. The manufacturing sector has become more open to adopting cutting-edge technologies, contributing to the growing relevance of digital ledgers in this industry.
Disruptive Technologies Fueling the Demand for Blockchain in Manufacturing:
The integration of Operational Technology and Information Technology, along with the rise of Artificial Intelligence and the Internet of Things, is transforming the business and manufacturing landscape. Companies are embracing blockchain technology to gain a competitive edge and become industry leaders. Additionally, the increasing number of blockchain-related patent filings and venture capital funding highlights the growing interest and potential financial benefits associated with this technology.
North America Emerging as a Key Market Player:
Blockchain technology provides significant benefits to supply chain management, offering reliable data management and visualization capabilities. This optimization of business processes through effective monitoring, management, and workflow improvement has created a global demand for blockchain in manufacturing. North America has emerged as the leading regional contributor to the growth of the global blockchain in manufacturing market, followed closely by the Asia Pacific (APAC) region and Europe. These regions have developed mechanisms to integrate new technologies into leading industries, facilitating market growth.
Leading Patent Owners Identified as Competitors:
Key competitors in the blockchain industry include e-commerce giant Alibaba, technology firm IBM, protocol builders Nchain Holdings, Chinese technology company Tencent, and multinational finance services provider Mastercard. Notable individuals with a significant number of patents in blockchain technology, such as Australian scientist Craig Steven Wright and IT consultant Savannah Stephance, are also considered competitors. The relevance of blockchain technology in manufacturing is expected to increase as the industry becomes more dependent on next-generation technologies.
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- 1. Executive Summary
- 1.1. Global Blockchain in Manufacturing Market Snapshot
- 1.2. Key Market Trends
- 1.3. Future Projections
- 1.4. Analyst Recommendations
- 2. Market Overview
- 2.1. Market Definitions and Segmentations
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.1.1. Driver A
- 2.2.1.2. Driver B
- 2.2.1.3. Driver C
- 2.2.2. Restraints
- 2.2.2.1. Restraint 1
- 2.2.2.2. Restraint 2
- 2.2.3. Market Opportunities Matrix
- 2.3. Value Chain Analysis
- 2.4. Porter’s Five Forces Analysis
- 2.5. Covid-19 Impact Analysis
- 2.5.1. Pre-covid and Post-covid Scenario
- 2.5.2. Supply Impact
- 2.5.3. Demand Impact
- 2.6. Government Regulations
- 2.7. Technology Landscape
- 2.8. Economic Analysis
- 2.9. PESTLE
- 3. Global Blockchain in Manufacturing Market Outlook, 2019 - 2030
- 3.1. Global Blockchain in Manufacturing Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
- 3.1.1. Key Highlights
- 3.1.1.1. Business Process Optimization
- 3.1.1.2. Logistics & Supply Chain Management
- 3.1.1.3. Counterfeit Management
- 3.1.1.4. Quality Control & Compliance
- 3.1.1.5. Misc.
- 3.2. Global Blockchain in Manufacturing Market Outlook, by End-user, Value (US$ Mn), 2019 - 2030
- 3.2.1. Key Highlights
- 3.2.1.1. Automotive
- 3.2.1.2. Energy & Power
- 3.2.1.3. Industrial
- 3.2.1.4. Pharmaceuticals
- 3.2.1.5. Misc.
- 3.3. Global Blockchain in Manufacturing Market Outlook, by Region, Value (US$ Mn), 2019 - 2030
- 3.3.1. Key Highlights
- 3.3.1.1. North America
- 3.3.1.2. Europe
- 3.3.1.3. Asia Pacific
- 3.3.1.4. Latin America
- 3.3.1.5. Middle East & Africa
- 3.3.2. BPS Analysis/Market Attractiveness Analysis
- 4. North America Blockchain in Manufacturing Market Outlook, 2019 - 2030
- 4.1. North America Blockchain in Manufacturing Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
- 4.1.1. Key Highlights
- 4.1.1.1. Business Process Optimization
- 4.1.1.2. Logistics & Supply Chain Management
- 4.1.1.3. Counterfeit Management
- 4.1.1.4. Quality Control & Compliance
- 4.1.1.5. Misc.
- 4.2. North America Blockchain in Manufacturing Market Outlook, by End-user, Value (US$ Mn), 2019 - 2030
- 4.2.1. Key Highlights
- 4.2.1.1. Automotive
- 4.2.1.2. Energy & Power
- 4.2.1.3. Industrial
- 4.2.1.4. Pharmaceuticals
- 4.2.1.5. Misc.
- 4.3. North America Blockchain in Manufacturing Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
- 4.3.1. Key Highlights
- 4.3.1.1. U.S.
- 4.3.1.2. Canada
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
- 5. Europe Blockchain in Manufacturing Market Outlook, 2019 - 2030
- 5.1. Europe Blockchain in Manufacturing Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
- 5.1.1. Key Highlights
- 5.1.1.1. Business Process Optimization
- 5.1.1.2. Logistics & Supply Chain Management
- 5.1.1.3. Counterfeit Management
- 5.1.1.4. Quality Control & Compliance
- 5.1.1.5. Misc.
- 5.2. Europe Blockchain in Manufacturing Market Outlook, by End-user, Value (US$ Mn), 2019 - 2030
- 5.2.1. Key Highlights
- 5.2.1.1. Automotive
- 5.2.1.2. Energy & Power
- 5.2.1.3. Industrial
- 5.2.1.4. Pharmaceuticals
- 5.2.1.5. Misc.
- 5.3. Europe Blockchain in Manufacturing Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
- 5.3.1. Key Highlights
- 5.3.1.1. Germany
- 5.3.1.2. France
- 5.3.1.3. U.K.
- 5.3.1.4. Italy
- 5.3.1.5. Spain
- 5.3.1.6. Russia
- 5.3.1.7. Rest of Europe
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
- 6. Asia Pacific Blockchain in Manufacturing Market Outlook, 2019 - 2030
- 6.1. Asia Pacific Blockchain in Manufacturing Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
- 6.1.1. Key Highlights
- 6.1.1.1. Business Process Optimization
- 6.1.1.2. Logistics & Supply Chain Management
- 6.1.1.3. Counterfeit Management
- 6.1.1.4. Quality Control & Compliance
- 6.1.1.5. Misc.
- 6.2. Asia Pacific Blockchain in Manufacturing Market Outlook, by End-user, Value (US$ Mn), 2019 - 2030
- 6.2.1. Key Highlights
- 6.2.1.1. Automotive
- 6.2.1.2. Energy & Power
- 6.2.1.3. Industrial
- 6.2.1.4. Pharmaceuticals
- 6.2.1.5. Misc.
- 6.3. Asia Pacific Blockchain in Manufacturing Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
- 6.3.1. Key Highlights
- 6.3.1.1. China
- 6.3.1.2. Japan
- 6.3.1.3. South Korea
- 6.3.1.4. India
- 6.3.1.5. Southeast Asia
- 6.3.1.6. Rest of Asia Pacific
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
- 7. Latin America Blockchain in Manufacturing Market Outlook, 2019 - 2030
- 7.1. Latin America Blockchain in Manufacturing Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
- 7.1.1. Key Highlights
- 7.1.1.1. Business Process Optimization
- 7.1.1.2. Logistics & Supply Chain Management
- 7.1.1.3. Counterfeit Management
- 7.1.1.4. Quality Control & Compliance
- 7.1.1.5. Misc.
- 7.2. Latin America Blockchain in Manufacturing Market Outlook, by End-user, Value (US$ Mn), 2019 - 2030
- 7.2.1. Key Highlights
- 7.2.1.1. Automotive
- 7.2.1.2. Energy & Power
- 7.2.1.3. Industrial
- 7.2.1.4. Pharmaceuticals
- 7.2.1.5. Misc.
- 7.3. Latin America Blockchain in Manufacturing Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
- 7.3.1. Key Highlights
- 7.3.1.1. Brazil
- 7.3.1.2. Mexico
- 7.3.1.3. Rest of Latin America
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
- 8. Middle East & Africa Blockchain in Manufacturing Market Outlook, 2019 - 2030
- 8.1. Middle East & Africa Blockchain in Manufacturing Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
- 8.1.1. Key Highlights
- 8.1.1.1. Business Process Optimization
- 8.1.1.2. Logistics & Supply Chain Management
- 8.1.1.3. Counterfeit Management
- 8.1.1.4. Quality Control & Compliance
- 8.1.1.5. Misc.
- 8.2. Middle East & Africa Blockchain in Manufacturing Market Outlook, by End-user, Value (US$ Mn), 2019 - 2030
- 8.2.1. Key Highlights
- 8.2.1.1. Automotive
- 8.2.1.2. Energy & Power
- 8.2.1.3. Industrial
- 8.2.1.4. Pharmaceuticals
- 8.2.1.5. Misc.
- 8.3. Middle East & Africa Blockchain in Manufacturing Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
- 8.3.1. Key Highlights
- 8.3.1.1. GCC
- 8.3.1.2. South Africa
- 8.3.1.3. Rest of Middle East & Africa
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
- 9. Competitive Landscape
- 9.1. Company Market Share Analysis, 2022
- 9.2. Competitive Dashboard
- 9.3. Company Profiles
- 9.3.1. IBM Corporation
- 9.3.1.1. Company Overview
- 9.3.1.2. Product Portfolio
- 9.3.1.3. Financial Overview
- 9.3.1.4. Business Strategies and Development
- 9.3.2. Microsoft Corporation
- 9.3.3. Amazon Inc.
- 9.3.4. Oracle
- 9.3.5. Intel Corporation
- 9.3.6. Wipro
- 9.3.7. Accenture
- 9.3.8. SAP
- 9.3.9. BigchainDB GmbH
- 9.3.10. Factom Iris
- 9.3.11. Nvidia Corporation
- 9.3.12. Blockchain Foundry Inc.
- 10. Appendix
- 10.1. Research Methodology
- 10.2. Report Assumptions
- 10.3. Acronyms and Abbreviations
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