Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Huge Investment in Various Manufacturing Sectors is Driving Blockchain in Manufacturing Market




    (Transportation-News.com, August 03, 2022 ) 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 Sample Report Here: 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.



    You Can Buy Report Here: https://www.meticulousresearch.com/Checkout/77084266



    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).



    Speak with Our Analyst:https://www.meticulousresearch.com/speak-to-analyst/cp_id=5016



    Blockchain in Manufacturing Market Segmentation:



    Blockchain in Manufacturing Segmentation by Providers

    Middleware Providers

    Infrastructure & Protocols Providers

    Applications & Solution Providers



    Blockchain in Manufacturing Applications

    Predictive Maintenance

    Asset Tracking and Management

    Business Process Optimization

    Logistics and Supply Chain Management

    Quality Control and Compliance

    Counterfeit Management

    Real-Time Workforce Tracking and Management



    Blockchain in Manufacturing End-Users

    Automotive

    Healthcare

    Aerospace and Defense

    Textile and Clothing

    Energy and Power

    Food and Beverages

    Pharmaceuticals

    Industrial

    Others



    Blockchain in Manufacturing Segmentation by Geography

    North America

    U.S.

    Canada

    Mexico

    Europe

    Germany

    U.K.

    France

    Italy

    Spain

    Rest of Europe

    Asia-Pacific

    China

    India

    Japan

    South Korea

    Australia

    Rest of APAC

    Rest of the World

    Latin America

    Middle East & Africa



    Key Players in the Market

    Advanced Micro Devices, Inc.

    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

    XAIN AG



    Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5016



    Meticulous Research

    Khushal

    +91 744-7780008

    sales@meticulousresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC