Blockchain in Manufacturing Market to Witness an Outstanding Growth Global Opportunity Analysis and Industry Forecast (2019-2025)
(EMAILWIRE.COM, February 26, 2021 ) 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),
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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.
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.
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Blockchain in Manufacturing Market Segmentation:
Blockchain in Manufacturing Segmentation by Providers
Infrastructure & Protocols Providers
Applications & Solution Providers
Blockchain in Manufacturing Applications
Asset Tracking and Management
Business Process Optimization
Logistics and Supply Chain Management
Quality Control and Compliance
Real-Time Workforce Tracking and Management
Blockchain in Manufacturing End-Users
Aerospace and Defense
Textile and Clothing
Energy and Power
Food and Beverages
Blockchain in Manufacturing Segmentation by Geography
Rest of Europe
Rest of APAC
Rest of the World
Middle East & Africa
Key Players in the Market
Advanced Micro Devices, Inc.
Blockchain Foundry Inc.
Grid Singularity GmbH
LO3 Energy, Inc.
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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).
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