Press release
Automotive Blockchain Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research
Global Automotive Blockchain Market size was valued at USD 813.95 Mn. in 2023 and the total Automotive Blockchain revenue is expected to grow by 31.25 % from 2024 to 2030, reaching nearly USD 5461.26 Mn.๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ?
The automotive industry is undergoing radical transformation, and blockchain technology has the potential to bring efficiency and enhance value generation across the entire sector, from factory production of road cars to the premium motorsport supercars.
๐๐จ๐ฐ ๐ข๐ฌ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐ฎ๐ฌ๐๐ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐?
Blockchain technology can provide a digital passport for each car, recording critical data throughout its existence. This maintains authenticity and integrity in the automotive maintenance and resale industries.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐ :https://www.maximizemarketresearch.com/request-sample/82592/
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Blockchain technology has revolutionized various industries, including manufacturing, commerce, finance, healthcare, and automotive. The automotive sector, while already digitized, sees great potential for future growth in personal mobility. Modern vehicles now act as data centers with advanced sensors and technologies. Blockchain enhances security, transparency, and collaboration among organizations, consumers, and vehicles, alongside IoT, AI, and big data. Blockchain is revolutionizing industrial business models by enabling alternative ownership, rewards programs, and mobility services. Porsche is leading the way with blockchain applications in vehicles for features like app-based locking and revenue models based on encrypted data logging. Limited awareness and insufficient regulations hinder blockchain technology adoption and data protection, stifling market expansion.
The automotive sector's unfamiliarity with blockchain, high implementation costs, and regulatory uncertainties impede market growth despite ongoing innovation by major players in the industry. The major key players are the IBM Corporation, Microsoft Corporation, Ripple Labs Inc., and ConsenSys. The North American Automotive Blockchain Market is at the forefront of blockchain adoption in the automotive industry, driven by the need for transparency and investments in blockchain platforms. SHIFTMobility introduced the first blockchain-powered platform in 2018, meeting the demands of connected vehicles and supply chain applications. In the Asia-Pacific region, growth is fueled by its role as a major automobile manufacturing hub, with countries like China and India integrating blockchain into transportation solutions. Thailand's auto-parts manufacturing sector focuses on adaptive marketing strategies and blockchain for supply chain management, while China prioritizes automotive blockchain technology for industrial development and collaborations with multinational companies.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
In August 2023, Mitsubishi Motors Europe implemented Vinturas' private blockchain for supply chain transparency and security for New Generation ASX and All-New COLT models, aiming for cost efficiencies and operational improvements in the automotive industry.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.maximizemarketresearch.com/request-sample/82592/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Public Blockchain
Private Blockchain
Hybrid Blockchain
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
Smart Contracts
Supply Chain
Financing
Mobility Solutions
Others
๐๐ฒ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ
Middleware Provider
Infrastructure and Protocols Provider
Application and Solution Provider
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/82592/
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
IBM Corporation - United States
Microsoft Corporation - United States
Ripple Labs Inc. - United States
ConsenSys - United States
Productive Edge LLC. - United States
Factom Inc. - United States
Project Provenance Ltd. - United Kingdom
๐๐ฎ๐ซ๐จ๐ฉ๐
BigchainDB GmbH - Germany
XAIN - Germany
Ethereum - Switzerland
Context Labs BV - Netherlands
carVertical - Lithuania
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
Tech Mahindra - India
HCL Technologies - India
Helbiz Mobility System PTE Ltd. - Singapore
๐๐จ๐ฎ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
RSK Labs - Argentina
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/global-automotive-blockchain-market/82592/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What segments are covered in the Global Automotive Blockchain Market report?
Which region is expected to hold the largest share of the Global Automotive Blockchain Market?
What is the market size of the Global Automotive Blockchain Market by 2030?
What is the forecast period for the Global Automotive Blockchain Market?
What was the market size of the Global Automotive Blockchain Market in 2023?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Automotive Blockchain Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Automotive Blockchain Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
Metaverse in Automotive Market size was valued at USD 2.81 billion in 2023 and the total Metaverse in Automotive revenue is expected to grow at a CAGR of 34.6% from 2024 to 2030, reaching nearly USD 22.49 Billion by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/metaverse-in-automotive-market/228936/
The Industrial Chain Market size was valued at USD 4.66 Billion in 2023 and the total Industrial Chain revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 7.40 Billion.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/industrial-chain-market/221350/
Insurance Brokerage market was valued at USD 105.85 Bn in 2023 and is expected to reach USD 155.75 Bn by 2030, at a CAGR of 5.67 % during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/insurance-brokerage-market/215727/
Air Freight Market size was valued at USD 313.83 Billion in 2023 and is expected to reach USD 465.69 Billion by 2030, exhibiting a CAGR of 5.8% during the forecast period (2024-2030).
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/air-freight-market/213879/
Global Enterprise Networking Market size was valued at USD 78.7 Bn in 2023 and is expected to reach USD 131.68 Bn by 2030, at a CAGR of 11.45 %.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/enterprise-networking-market/210060/
The Acoustic Microscopy Market size was valued at USD 0.71 Billion in 2023 and the total Acoustic Microscopy revenue is expected to grow at a CAGR of 8.2% from 2024 to 2030, reaching nearly USD 1.23 Billion by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/acoustic-microscopy-market/1672/
The Middle-East Active Pharmaceutical Ingredients Market value is projected to reach US$ 33.74 Bn. at the end of the forecast period and it is expected to grow at the CAGR of 5.8%.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/active-pharmaceutical-ingredients-market-middle-east/2237/
The Adaptive Optics Market size was valued at USD 1990.2 Mn in 2023 and market revenue is growing at a CAGR of 35.2 %from 2023 to 2030, reaching nearly USD 16433.63 Mn by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/adaptive-optics-market/11444/
The Additive Manufacturing Market size was valued at USD 22.53 Billion in 2023 and the total Additive Manufacturing revenue is expected to grow at a CAGR of 21.86% from 2024 to 2030, reaching nearly USD 89.91 Billion by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/additive-manufacturing-market/146140/
The Adult Diaper Market size was valued at USD 18.12 Billion in 2023 and the total Adult Diaper Market revenue is expected to grow at a CAGR of 10.7 % from 2024 to 2030, reaching nearly USD 36.91 Billion.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/adult-diaper-market/190374/
Aesthetic Medical Devices Market size was valued at USD 21.39 Billion in 2023 and the total Aesthetic Medical Devices revenue is expected to grow at a CAGR of 12.8% from 2024 to 2030, reaching nearly USD 49.72 Billion.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/aesthetic-medical-devices-market/169746/
Aesthetics Injectables Market size was valued at USD 11.36 Billion in 2023 and the Aesthetics Injectables Market revenue is expected to reach USD 25.55 Billion by 2030, at a CAGR of 12.80% over the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/aesthetics-injectables-market/149511/
Air Conditioning Compressor Market size reached USD 25.88 billion in 2023 and is expected to reach USD 36.91 billion by 2030, growing at a CAGR of 5.2 % during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/air-conditioning-compressor-market/169709/
Aircraft Antenna Market is expected to reach USD 552.50 Mn by 2030, at a CAGR of 3% during the forecast period 2024-2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/aircraft-antenna-market/1692/
Air Leak Testing Market was valued at USD 621.40 Million in 2023 and is predicted to grow at a CAGR of 7.4% to USD 1024.24 Million by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/air-leak-testing-market/146744/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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