11-21-2018 02:42 PM CET - Advertising, Media Consulting, Marketing Research
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Block chain in Manufacturing Market 2025: NVIDIA Corporation, XAIN AG, CargoX, RIDDLE&CODE GmbH, Chronicled, LO3 Energy, Electron, Filament, Grid Singularity, GitHub Inc., Microsoft, Advanced Micro Devices Inc, IBM Corporation, Intel Corporation, Oracle,

Press release from: Data Bridge Market Research
Global Block chain in Manufacturing Market
Global Block chain in Manufacturing Market


Block chain in Manufacturing Market is expected to grow from its initial estimated value of USD 9.39 million in 2018 to an estimated value of USD 1035.81 million by 2026, registering a CAGR of 80% in the forecast period of 2019-2026. This significant rising trend can be attributed to the rapid rise of block chains in various industries and advantages it brings with its usage.

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Global Block chain in Manufacturing Market,

• 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, Others),

• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026

Market Drivers:

• Through Block chain implementation, transparency is achieved and that concludes to a better and simple business processing

• Rise in influence of Information Technology (IT) over our everyday lives, use of block chain in manufacturing is expected to rise as it increases the transparency in the manufacturing process and hence, simplifies it

Major Market Competitors/Players:

Few of the major competitors currently working in Block chain in Manufacturing Market are:-

• NVIDIA Corporation,
• XAIN AG,
• CargoX,
• RIDDLE&CODE GmbH,
• Chronicled,
• LO3 Energy,
• Electron,
• Filament,
• Grid Singularity,
• GitHub Inc.,
• Microsoft,
• Advanced Micro Devices Inc,
• IBM Corporation,
• Intel Corporation,
• Oracle,
• Factom,
• BigchainDB GmbH,
• Blockchain Foundry Inc.,
• Wipro Limited,
• Amazon.com Inc.,
• Syncron International AB,
• ChromaWay AB,
• Project Provenance Ltd.,
• Everledger Ltd,
• Supercomputing Systems AG, and
• Hewlett Packard Enterprise Development LP.

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Competitive Analysis:

Global Block chain in Manufacturing Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Block chain in Manufacturing for global, Europe, North America, Asia Pacific and South America.

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
• Aerospace
• Defense
• Food & Beverages
• Textile & Clothing
• Others
o Electronics
o Printing
o Chemicals

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

This release was published on openPR.
News-ID: 1389523 • Views: 680
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