The Blockchain In Manufacturing Market is expected to be worth USD 30.0 million by 2020 and USD 566.2 million by 2027, growing at a CAGR of 80% from 2021 to 2027.
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.
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A full report of Global Blockchain In Manufacturing Market is available at: https://www.orionmarketreports.com/blockchain-in-manufacturing-market/59492/
Market Segments
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
- Aerospace & Defense
- Food & Beverages
- Textile & Clothing
Key Players
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.
Scope of the Report
The research study analyzes the global Blockchain In Manufacturing 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 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Blockchain In Manufacturing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Blockchain In Manufacturing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Blockchain In Manufacturing market.
- The market share of the global Blockchain In Manufacturing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Blockchain In Manufacturing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Blockchain In Manufacturing market.
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