Huge Investment in Various Manufacturing Sectors is Driving Blockchain in Manufacturing Market, Says Meticulous Research®
Blockchain in Manufacturing Market by Providers (Middleware Providers, Infrastructure and Protocols Providers, Application & Solution Providers), by Application (Predictive Maintenance, Business Process Optimization, Logistics and Supply Chain Management, Counterfeit Management), End-User, and Region
Pune, India – June 30, 2019 /MarketersMedia/ —
Meticulous Research® – leading global market research company published a research report titled “Blockchain in Manufacturing Market by Providers (Middleware Providers, Infrastructure and Protocols Providers, Application & Solution Providers), by Application (Predictive Maintenance, Business Process Optimization, Logistics and Supply Chain Management, Counterfeit Management), End-User (Automotive, Healthcare, Energy & Power, Industrial, Pharmaceuticals), and Region – Global Forecast to 2025’’.
Blockchain is a distributed chain of blocks that traces transaction and assets. It is an information which is encrypted, time-stamped, and not removable which is openly shared on a ledger by many thousands of computers at the same time. Incorporation of blockchain technology in manufacturing sector can assist in installing trust in global supply chains, reducing production expenses, and improving efficiency. Manufacturing companies are rapidly transforming their processes into digital versions and are incorporating several associated systems and applications. However, huge investment was also made by these companies in order to enhance their customer experience. In 2018, Tesla, Inc. announced to invest $5 billion in its Chinese factory. Likewise, Samsung Electronics Co., Ltd., in 2018, announced the construction of its $7 billion semiconductor line in China. Thus, rising investment in manufacturing sector is expected to boost the blockchain in manufacturing market significantly in the next few years.
Download free sample report and gain crucial industry insights @ https://www.meticulousresearch.com/download-sample-report/cp_id=5016
The blockchain in manufacturing market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025 – by application and end-user. The study includes diverse industry competitors and analyzes the market at regional as well as country level.
Key Findings in the Global Blockchain in Manufacturing Market Study:
Energy and Power Dominated the Global Blockchain in Manufacturing Market in 2018, by End-User
Based on end-user, the global blockchain in manufacturing market is segmented into automotive, healthcare, aerospace and defense, textile and clothing, energy and power, food and beverages, pharmaceuticals, industrial, and others. Energy and power dominated the global blockchain in manufacturing market in 2018, mainly due to the rising global energy demand, which encourages companies operating in the energy and power industry to adopt blockchain solutions.
Logistics and Supply Chain Management Segment to Register Highest Growth
Based on Application, the global blockchain in manufacturing market is segmented into predictive maintenance, asset tracking and management, business process optimization, logistics and supply chain management, quality control and compliance, and counterfeit management. The logistics and supply chain management segment is expected to register highest CAGR during the forecast period.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global blockchain in manufacturing market in 2018, followed by Asia-Pacific, Europe, Latin America, and Middle East & Africa. This is due to the early adoption of trending technologies, such as IoT, DevOps, big data, and mobility. The manufacturers are keen to integrate blockchain technologies into their processes. However, Asia-Pacific is the fastest growing regional market due to rising investment in manufacturing sector.
Key Players in the Blockchain in Manufacturing Market
The report includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016-2019). For instance, in October 2018, Infineon Technologies collaborated with Xain AG for the implementation of blockchain technology for the automotive sector.
The major players operating in the global blockchain in manufacturing market are Advanced Micro Devices, Inc. (U.S.), Amazon.Com, Inc. (U.S.), Bigchaindb GmbH (Germany), Blockchain Foundry Inc. (Canada), Chronicled, Inc. (U.S.), Factom, Inc. (U.S.), Grid Singularity GmbH (Germany), IBM Corporation (U.S.), Intel Corporation (U.S.), LO3 Energy, Inc. (U.S.), Microsoft Corporation (U.S.), NVIDIA Corporation (U.S.), Oracle Corporation (U.S.), Riddle&Code GmbH (Austria), ShipChain Inc. (U.S.), Wipro Limited (India), and XAIN AG. (Germany).
Browse in depth report: https://www.meticulousresearch.com/product/blockchain-in-manufacturing-market-5016/
Key Topics Covered in This Report:
1 Introduction
1.1 Market Definition
1.2 Scope of the Study
1.3 Market Ecosystem
1.4 Currency and Limitations
1.4.1 Currency
1.4.2 Limitations
1.4 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.1.1 Secondary Research
2.1.2 Primary Research
2.1.3 Market Size Estimation
2.1.4 Assumptions
3 Executive Summary
4 Market Insights
4.1 Introduction
4.2 Market Dynamics
7.2.1 Drivers
7.2.2 Restraints
7.2.3 Opportunities
7.2.4 Challenges
7.2.5 Trends
4.3 Regulatory Analysis
4.4 Market Share Analysis, by Key Player
5 Blockchain in Manufacturing Market, by Provider
5.1 Introduction
5.2 Middleware Provider
5.3 Infrastructure and Protocols Provider
5.4 Application and Solution Provider
6 Blockchain in Manufacturing Market, by Application
6.1 Introduction
6.2 Predictive Maintenance
6.3 Asset Tracking and Management
6.4 Business Process Optimization
6.5 Logistics and Supply Chain Management
6.6 Quality Control and Compliance
6.7 Counterfeit Management
6.8 Real-Time Workforce Tracking and Management
7 Blockchain in Manufacturing Market, by End-User
7.1 Introduction
7.2 Automotive
7.3 Healthcare
7.4 Aerospace and Defense
7.5 Textile and Clothing
7.6 Energy and Power
7.7 Food and Beverages
7.8 Pharmaceuticals
7.9 Industrial
7.10 Others (Electronics, Chemicals, and Printing)
8 Blockchain in Manufacturing Market, by Geography
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest of APAC
8.5 Rest of World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 Competitive Landscape
9.1 Introduction
9.2 New Product Launches and Upgradations
9.3 Acquisition, Expansions, and Mergers
9.4 Agreements, Collaborations, and Partnerships
10 Company Profiles (Business Overview, Financial Overview, Products Portfolio, and Strategic Developments)
10.1 Advanced Micro Devices, Inc.
10.2 Amazon.Com, Inc.
10.3 BigchainDB GmbH
10.4 Blockchain Foundry Inc.
10.5 Chronicled, Inc.
10.6 Factom, Inc.
10.7 Grid Singularity GmbH
10.8 IBM Corporation
10.9 Intel Corporation
10.10 LO3 Energy, Inc.
10.11 Microsoft Corporation
10.12 NVIDIA Corporation
10.13 Oracle Corporation
10.14 Riddle&Code GmbH
10.15 ShipChain Inc.
10.16 Wipro Limited
10.17 XAIN AG
11 Appendix
11.1 Questionnaire
Download free sample report and gain crucial industry insights @ https://www.meticulousresearch.com/download-sample-report/cp_id=5016
Contact Info:
Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Pune, India
Phone: +91-744-7780008
Website: https://www.meticulousresearch.com/product/blockchain-in-manufacturing-market-5016/
Source: MarketersMedia
Release ID: 88891204
Copyright © 1999-2013 SproutNews.com
