The global demand for Blockchain in Manufacturing Market is presumed to reach the market size of nearly USD 41625.05 Million by 2032 from USD 203.45 Million in 2023 with a CAGR of 80.62% under the study period 2024-2032.
Blockchain in manufacturing refers to the application of blockchain technology to improve transparency, security, and efficiency within manufacturing processes. Blockchain is a decentralized digital ledger that securely & immutably records transactions across a network of computers. In manufacturing, it can be used to track the provenance of materials, ensure the authenticity of products, and streamline supply chain management. By recording each step of the production & supply chain on a blockchain, manufacturers can gain real-time visibility into operations, reduce fraud, and enhance traceability. This technology helps maintain a single source of truth for all transactions, facilitating better coordination among stakeholders, minimizing errors, and reducing administrative overhead.
The increasing need for transparency and traceability in supply chains drives the blockchain in manufacturing market. According to a report by IBM, 70% of supply chain professionals believe blockchain will improve transparency and traceability. Blockchain technology can enhance the accuracy of product tracking and reduce the risk of counterfeiting, particularly in industries like pharmaceuticals and electronics. The growing emphasis on digital transformation and Industry 4.0 also presents opportunities for blockchain integration, as manufacturers seek advanced solutions to optimize their operations. Blockchain's ability to provide secure and tamper-proof records ensures compliance with regulatory requirements & standards. For instance, the Food & Drug Administration (FDA) supports blockchain initiatives to track the provenance of food and pharmaceuticals. Additionally, the development of blockchain platforms tailored for manufacturing processes, such as smart contracts and decentralized autonomous organizations, offers new possibilities for automating and streamlining operations. The increasing adoption of blockchain in quality control and inventory management further drives blockchain in manufacturing market growth. However, high implementation costs and the complexity of integrating blockchain with existing systems may hinder blockchain in manufacturing market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Blockchain in Manufacturing. The growth and trends of Blockchain in Manufacturing industry provide a holistic approach to this study.
This section of the Blockchain in Manufacturing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
By End Use
This section covers the regional outlook, which accentuates current and future demand for the Blockchain in Manufacturing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Blockchain in Manufacturing market include Nvidia Corporation (US), XAIN AG (Germany), CargoX (Slovenia), RIDDLE&CODE GMBH (Austria), Chronicled (US), LO3 Energy (US), Electron (UK), Filament (US), Grid Singularity (Germany), Shipchain US), Microsoft Corporation (US), Advanced Micro Devices Inc. (US), International Business Machines Corporation (US), Intel Corporation (US), Oracle Corporation (US), Factom (US), BigchainDB GmbH (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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
2. EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3. BLOCKCHAIN IN MANUFACTURING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Application
3.7.2 Market Attractiveness Analysis By End Use
3.7.3 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1 List of Raw Materials
4.2.2 Raw Material Manufactures List
4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1 Direct Marketing
4.4.2 Indirect Marketing
4.4.3 Marketing Channel Development Trend
5. GLOBAL BLOCKCHAIN IN MANUFACTURING MARKET ANALYSIS BY APPLICATION
5.1. Overview By Application
5.2. Historical and Forecast Data Analysis By Application
5.3. Predictive Maintenance Historic and Forecast Sales By Regions
5.4. Asset Tracking and Management Historic and Forecast Sales By Regions
5.5. Business Process Optimization Historic and Forecast Sales By Regions
5.6. Logistics and Supply Chain Management Historic and Forecast Sales By Regions
5.7. Real-Time Workforce Tracking and Management Historic and Forecast Sales By Regions
5.8. Quality Control and Compliance Historic and Forecast Sales By Regions
5.9. Counterfeit Management Historic and Forecast Sales By Regions
6. GLOBAL BLOCKCHAIN IN MANUFACTURING MARKET ANALYSIS BY END USE
6.1. Overview By End Use
6.2. Historical and Forecast Data An...
