Blockchain in Manufacturing Market - Global Industry Analysis

Blockchain in Manufacturing Market by Application (Supply Chain Tracking, Process Transformation, Asset Sharing, Track and Trace, Warranty Management, and Others) and by End-Use (Automotive, Consumer Electronics, Healthcare, Aerospace & Defense, Textile, Energy & Power, Food & Beverages, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024

Published Date: 31-Dec-2018 Category: Semiconductor & Electronics Report Format : PDF Pages: 130 Report Code: ZMR-3686 Status : Published

Global blockchain in manufacturing market expected to reach USD 307 million by 2024, at a CAGR of 76.4% between 2018 and 2024. The adoption of blockchain for financial reconciliation and payments processes in the aerospace and defense sector is anticipated to fuel the blockchain in manufacturing market over the forecast timespan.

Description

The report covers a forecast and an analysis of the blockchain in manufacturing market on a global and regional level. The study provides historical data for 2015, 2016, and, 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the blockchain in manufacturing market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the blockchain in manufacturing market on a global level.

This report offers a comprehensive analysis of the global blockchain in manufacturing market along with market trends, drivers, and restraints of the market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Blockchain in Manufacturing Market

The study provides a decisive view of the blockchain in manufacturing market by segmenting the market based on application, end-use, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By application, this market includes supply chain tracking, process transformation, asset sharing, track and trace, warranty management, and others. On the basis of end-use, this market includes automotive, consumer electronics, healthcare, aerospace and defense, textile, energy and power, food and beverages, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, the UK, France, Germany, Russia, China, India, Japan, South Korea, Brazil, Argentina, UAE, Saudi Arabia, and South Africa, among others.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global blockchain in manufacturing market, such as Microsoft Corporation, IBM Corporation, Intel Corporation, Oracle Corporation, Amazon, Inc., NVIDIA Corporation, Advanced Micro Devices, Inc., Wipro Limited, Xain AG, and Factom, among others.

This report segments the global blockchain in manufacturing market into:

Blockchain in Manufacturing Market: Application Analysis

  • Supply Chain Tracking
  • Process Transformation
  • Asset Sharing
  • Track and Trace
  • Warranty Management
  • Others

Blockchain in Manufacturing Market: End-Use Analysis

  • Automotive
  • Consumer Electronics
  • Healthcare
  • Aerospace and Defense
  • Textile
  • Energy and Power
  • Food and Beverages
  • Others

Blockchain in Manufacturing Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Blockchain in Manufacturing Market, 2015-2024, (USD Million)
    • 2.2. Blockchain in Manufacturing Market: Market Snapshot
  •  
  • Chapter 3. Blockchain in Manufacturing Market- Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
        • 3.4.1.1. Rising investments in blockchain in the U.S.
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. Lack of blockchain technical expertise in the manufacturing sector
    • 3.6. Opportunities
      • 3.6.1. Increasing technology adoption for manufacturing in Asia Pacific
    • 3.7. Innovation & sustainability
    • 3.8. Regulatory landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Blockchain in Manufacturing Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Application
      • 3.11.2. Market Attractiveness Analysis by End-Use
      • 3.11.3. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Blockchain in Manufacturing Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Blockchain in Manufacturing Market - Application Analysis
    • 5.1. Global Blockchain in Manufacturing Market Revenue Share, by Application, 2017 & 2024 (USD Million)
    • 5.2. Global Blockchain in Manufacturing Market by Supply Chain Tracking, 2015 - 2024 (USD Million)
    • 5.3. Global Blockchain in Manufacturing by Process Transformation, 2015 - 2024 (USD Million)
    • 5.4. Global Blockchain in Manufacturing by Asset Sharing, 2015 - 2024 (USD Million)
    • 5.5. Global Blockchain in Manufacturing by Track and Trace, 2015 - 2024 (USD Million)
    • 5.6. Global Blockchain in Manufacturing by Warranty Management, 2015 - 2024 (USD Million)
    • 5.7. Global Blockchain in Manufacturing by Others, 2015 - 2024 (USD Million)
  •  
  • Chapter 6. Blockchain in Manufacturing Market - End-Use Analysis
    • 6.1. Global Blockchain in Manufacturing Market Revenue Share, by End-Use, 2017 & 2024 (USD Million)
    • 6.2. Global Blockchain in Manufacturing Market by Automotive, 2015 - 2024 (USD Million)
    • 6.3. Global Blockchain in Manufacturing by Consumer Electronics, 2015 - 2024 (USD Million)
    • 6.4. Global Blockchain in Manufacturing by Healthcare, 2015 - 2024 (USD Million)
    • 6.5. Global Blockchain in Manufacturing by Aerospace & Defense, 2015 - 2024 (USD Million)
    • 6.6. Global Blockchain in Manufacturing by Textile, 2015 - 2024 (USD Million)
    • 6.7. Global Blockchain in Manufacturing by Energy & Power, 2015 - 2024 (USD Million)
    • 6.8. Global Blockchain in Manufacturing by Food & Beverages, 2015 - 2024 (USD Million)
    • 6.9. Global Blockchain in Manufacturing by Others, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Blockchain in Manufacturing Market - Regional Analysis
    • 7.1. Global Blockchain in Manufacturing Market: Regional Overview
      • 7.1.1. Global Blockchain in Manufacturing Market Revenue Share, by Region, 2017 And 2024 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Blockchain in Manufacturing Market Revenue 2015 - 2024 (USD Million)
      • 7.2.2. North America Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.2.3. North America Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.2.4. The U.S.
        • 7.2.4.1. The U.S. Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.2.4.2. The U.S. Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.2.5. Canada
        • 7.2.5.1. Canada Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.2.5.2. Canada Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.2.6. Mexico
        • 7.2.6.1. Mexico Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.2.6.2. Mexico Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Blockchain in Manufacturing Market Revenue 2015 - 2024 (USD Million)
      • 7.3.2. Europe Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.3.3. Europe Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.3.4. UK
        • 7.3.4.1. UK Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.3.4.2. UK Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.3.5.2. France Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.3.6. Germany
        • 7.3.6.1. Germany Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.3.6.2. Germany Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.3.7. Russia
        • 7.3.7.1. Russia Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.3.7.2. Russia Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.3.8. Rest of Europe
        • 7.3.8.1. Rest of Europe Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.3.8.2. Rest of Europe Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Blockchain in Manufacturing Market Revenue 2015 - 2024 (USD Million)
      • 7.4.2. Asia Pacific Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.4.3. Asia Pacific Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.4.4. China
        • 7.4.4.1. China Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.4.4.2. China Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.4.5.2. India Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.4.6. Japan
        • 7.4.6.1. Japan Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.4.6.2. Japan Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.4.7. South Korea
        • 7.4.7.1. South Korea Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.4.7.2. South Korea Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.4.8. Rest of Asia Pacific
        • 7.4.8.1. Rest of Asia Pacific Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.4.8.2. Rest of Asia Pacific Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Blockchain in Manufacturing Market Revenue 2015 - 2024 (USD Million)
      • 7.5.2. Latin America Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.5.3. Latin America Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.5.4.2. Brazil Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.5.5. Argentina
        • 7.5.5.1. Argentina Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.5.5.2. Argentina Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.5.6. Rest of Latin America
        • 7.5.6.1. Rest of Latin America Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.5.6.2. Rest of Latin America Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Blockchain in Manufacturing Market Revenue 2015 - 2024 (USD Million)
      • 7.6.2. The Middle East and Africa Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.6.3. The Middle East and Africa Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.6.4. UAE
        • 7.6.4.1. UAE Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.6.4.2. UAE Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.6.5. Saudi Arabia
        • 7.6.5.1. Saudi Arabia Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.6.5.2. Saudi Arabia Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.6.6.2. South Africa Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
      • 7.6.7. Rest of MEA
        • 7.6.7.1. Rest of MEA Blockchain in Manufacturing Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 7.6.7.2. Rest of MEA Blockchain in Manufacturing Market Revenue, by End-Use, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profiles
    • 8.1. Microsoft Corporation
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. IBM Corporation
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Intel Corporation
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Oracle Corporation
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Amazon, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. NVIDIA Corporation
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Advanced Micro Devices, Inc.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Wipro Limited
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Xain AG
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Factom
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Table Of Figures

List of Figures

1. Global Blockchain in Manufacturing Market Segmentation by Application, End-Use, and Geography
2. Global Blockchain in Manufacturing Market, 2017-2024 (USD Million)
3. Porter’s Five Forces Analysis: Blockchain in Manufacturing Market
4. Global Blockchain in Manufacturing Market Attractiveness, by Application
5. Global Blockchain in Manufacturing Market Attractiveness, by End-Use
6. Global Blockchain in Manufacturing Market Attractiveness, by Region
7. Global Blockchain in Manufacturing Market Revenue Share, by Application, 2017 & 2024 (USD Million)
8. Global Blockchain in Manufacturing Market by Supply Chain Tracking, 2015 – 2024(USD Million)
9. Global Blockchain in Manufacturing Market by Process Transformation, 2015 – 2024(USD Million)
10. Global Blockchain in Manufacturing Market by Asset Sharing, 2015 – 2024(USD Million)
11. Global Blockchain in Manufacturing Market by Track and Trace, 2015 – 2024(USD Million)
12. Global Blockchain in Manufacturing Market by Warranty Management, 2015 – 2024(USD Million)
13. Global Blockchain in Manufacturing Market by Others, 2015 – 2024(USD Million)
14. Global Blockchain in Manufacturing Market Revenue Share, by End-Use, 2017 & 2024 (USD Million)
15. Global Blockchain in Manufacturing Market by Automotive, 2015 – 2024(USD Million)
16. Global Blockchain in Manufacturing Market by Consumer Electronics, 2015 – 2024(USD Million)
17. Global Blockchain in Manufacturing Market by Healthcare, 2015 – 2024(USD Million)
18. Global Blockchain in Manufacturing Market by Aerospace & Defense, 2015 – 2024(USD Million)
19. Global Blockchain in Manufacturing Market by Textile, 2015 – 2024(USD Million)
20. Global Blockchain in Manufacturing Market by Energy & Power, 2015 – 2024(USD Million)
21. Global Blockchain in Manufacturing Market by Food & Beverages, 2015 – 2024(USD Million)
22. Global Blockchain in Manufacturing Market by Others, 2015 – 2024(USD Million)
23. North America Blockchain in Manufacturing Market, 2015-2024, (USD Million)
24. Europe Blockchain in Manufacturing Market, 2015-2024, (USD Million)
25.  Asia Pacific Blockchain in Manufacturing Market, 2015-2024(USD Million)
26. Latin America Blockchain in Manufacturing Market, 2015 – 2024(USD Million)
27. The Middle East and Africa Blockchain in Manufacturing Market, 2015 – 2024, (USD Million)
 


Table Of Tables

List of Tables

1. Global Blockchain in Manufacturing market snapshot
2. Drivers for Blockchain in Manufacturing market: Impact analysis
3. Restraints of Blockchain in Manufacturing market: Impact analysis
4. North America Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million)
5. North America Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
6. The U.S. Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
7. The U.S. Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million) 
8. Canada Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
9. Canada Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million) 
10. Mexico Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
11. Mexico Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
12. Europe Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
13. Europe Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
14. UK Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
15. UK Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
16. France Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
17. France Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
18. Germany Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
19. Germany Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
20. Russia Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
21. Russia Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
22. Rest of Europe Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
23. Rest of Europe Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
24. Asia Pacific Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
25. Asia Pacific Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
26. China Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
27. China Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
28. India Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million)
29. India Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
30. Japan Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
31. Japan Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
32. South Korea Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
33. South Korea Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
34. Rest of Asia Pacific Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
35. Rest of Asia Pacific Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
36. Latin America Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
37. Latin America Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
38. Brazil Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
39. Brazil Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
40. Argentina Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
41. Argentina Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
42. Rest of Latin America Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
43. Rest of Latin America Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
44. The Middle East and Africa Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million) 
45. The Middle East and Africa Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
46. UAE Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million)
47. UAE Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
48. Saudi Arabia Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million)
49. Saudi Arabia Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
50. South Africa Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million)
51. South Africa Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
52. Rest of MEA Blockchain in Manufacturing Market Revenue, By Application, 2015 – 2024 (USD Million)
53. Rest of MEA Blockchain in Manufacturing Market Revenue, By End-Use, 2015 – 2024 (USD Million)
 

Methodology

Free Analysis

The ever-increasing demand for supply chain tracking solutions is likely to primarily fuel the blockchain in manufacturing market over the forecast timeframe. Some major benefits of the blockchain technology in the supply chain are reduced delays due to paperwork, fast product identification, minimized transportation costs, and reduced errors. With the help of blockchain, organizations can obtain real-time digital ledger of all their transactions for all the participants in their network. Various consumer electronics manufacturers, such as Samsung, Apple, and General Electric, have opted to use blockchain for their supply chain activities. In 2018, Samsung announced that it is building a distributed ledger system to track its international shipments. It is estimated that this technology would help the company to reduce its shipping costs by about 20%. This, in turn, is projected to drive the development of the blockchain in manufacturing market globally in the future.

Huge adoption of automation in various manufacturing processes is anticipated to drive the blockchain in manufacturing market globally in the upcoming years. Blockchain combined with robotics is anticipated to make robotics operations more flexible and profitable. In 2016, the industrial robot sales increased by about 16% as compared to 2015. About 75% robot sales were witnessed in manufacturing countries, such as the U.S., Germany, China, Japan, and the Republic of Korea. These robots are used in assembly lines, warehouses, distributing, and loading products in manufacturing plants. However, the lack of knowledge among manufacturers about blockchain technology might slowdown this market on a global scale. Various measures, such as onsite training, hiring new workers, and investments in blockchain startups, are being taken up by several manufacturers to overcome these challenges.

Global Blockchain in Manufacturing Market

The blockchain in manufacturing market is divided on the basis of application and end-use. By application, this market includes supply chain tracking, process transformation, asset sharing, track and trace, warranty management, and others. On the basis of end-use, this market includes automotive, consumer electronics, healthcare, aerospace and defense, textile, energy and power, food and beverages, and others.

By region, Asia Pacific is likely to witness substantial growth in the blockchain in manufacturing market in the future. China is expected to register the highest demand for blockchain solutions in the manufacturing sector, owing to the increased technology adoption. North America is anticipated to contribute a significant share to the blockchain in manufacturing market over the estimated timeframe due to the rising investments made in the manufacturing sector.

Major players of the blockchain in manufacturing market include Microsoft Corporation, IBM Corporation, Intel Corporation, Oracle Corporation, Amazon, Inc., NVIDIA Corporation, Advanced Micro Devices, Inc., Wipro Limited, Xain AG, and Factom, among others.

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