Blockchain in Manufacturing Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The BlockchainIn Manufacturing Market is expected to be worth USD 30.0 million by 2021 and USD 566.2 million by 2028, growing at a CAGR of 80% from 2022 to 2028. A blockchain can be defined as a set of records that control and track transactions executed through Bitcoin and other forms of cryptocurrency. Each section of the blockchain contains transaction data and an inherently immutable timestamp. Blockchain stores data without the necessary permissions. There can be numerous applications that can use the blockchain, such as integrity management, digital currency, and foreign exchange transfers. In terms of the manufacturing industry, blockchain can be used for applications such as supply chain management, digital product memory, Internet of Things and Industry 4.0 applications, 3D printing, and more.

Company Profile

The major players operating in the global blockchain in manufacturing market are Advanced Micro Devices, Inc., Amazon.Com, Inc., Bigchaindb GmbH, Blockchain Foundry Inc., Chronicled, Inc., Factom, Inc., Grid Singularity GmbH, IBM Corporation, Intel Corporation, LO3 Energy, Inc., Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, Riddle&Code GmbH, ShipChain Inc., Wipro Limited, and Xain AG.

Market Segmentation

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

Scope of the Report

The research study analyzes the Blockchain in Manufacturing Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Blockchain in Manufacturing Market Report

1. What was the Blockchain in Manufacturing Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Blockchain in Manufacturing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Blockchain in Manufacturing Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.