市场调查报告书
商品编码
1439191
全球汽车区块链市场评估,按应用、按最终用户、按提供者、按移动性、按地区、机会、预测(2017-2031)Automotive Blockchain Market Assessment, By Application, By End-user, By Provider, By Mobility, By Region, Opportunities and Forecast, 2017-2031F |
全球汽车区块链市场规模预计将从 2023 年的 10.0707 亿美元增至 2031 年的 50.9014 亿美元,2024-2031 年预测期间复合年增长率为 22.45%。汽车产业经历了多重变革,带来了新的挑战。汽车产业面临着与供应链、多个製造阶段、监管合规性和售后服务相关的各种挑战。电动车和自动驾驶汽车的出现正在推动对数据驱动解决方案的需求。区块链技术对于降低成本、确保供应链顺畅、优化多步骤程序和维持问责制至关重要。
此外,区块链技术将使汽车供应商和最终用户受益。从追踪车辆的维护历史到增强供应链管理,该技术支援车辆销售、製造和售后的各个阶段。汽车巨头升级其供应链帐户预计将推动汽车区块链市场。人们越来越关注减少交易时间,以及对资料窃取和透明度的日益担忧,正在推动汽车和设备经销商采用区块链技术。汽车巨头正在利用区块链平台开发特定的解决方案。
例如,2023 年 2 月,汽车巨头Toyota Motors赞助了 Aster Network 黑客马拉松,为其公司取得区块链解决方案。开发人员建构了内部去中心化自治组织(DAO),可实现高效的决策和团队管理能力。
增强供应链和降低成本的机会,以提高区块链的采用率
汽车产业涉及供应商、分销商、原始设备製造商和服务提供者之间的复杂交易。区块链技术简化了这些操作。区块链技术确保专案和交易中不同参与者之间的透明度,帮助汽车公司保持准确性。将区块链技术融入汽车产业的各个方面,将收集、追踪和共享供应链管理(SCM)各个阶段的数据。
透明度、更大的问责制和简化的数据对汽车製造商的成本动态产生正面影响。简化的管理为汽车企业创造了降低成本的机会。区块链工具确保原材料流动并提高生产力。此外,区块链技术可以帮助製造商在无需人工干预或控制的情况下追踪法规遵循。区块链工具可以帮助进行人工智慧和机器学习汽车应用程式的虚拟测试。
例如,2022 年 12 月,BMW GmbH使用 Coinweb 和 BNB Chain 的区块链技术进行了营运转型。Coinweb是一个Layer 2跨链运算平台,已与汽车巨头BMW集成,帮助该公司进行高效的金融交易。Binance旗下的 BNB 链作为该计划的支柱,因为它高效、经济且快速。
高可持续性和不断发展的汽车行业推动市场成长
汽车品牌正在采用各种技术来提供永续的车辆,同时确保环保製造。区块链技术有助于简化车辆零件虚拟设计过程中提供的标准资料。这减少了原型缺陷并允许准确的车辆测试。电动车和自动驾驶汽车的出现预计将为汽车区块链产业增加价值。区块链技术预计将促进新的製造、零售和分销管道。
本报告研究和分析了全球汽车区块链市场,提供市场规模和预测、市场动态以及主要参与者的现状和前景。
Global automotive blockchain market is projected to witness a CAGR of 22.45% during the forecast period 2024-2031, growing from USD 1007.07 million in 2023, to USD 5090.14 million in 2031. The automotive sector is going through multiple changes that further create new challenges. The automotive industry witness different challenges related to the supply chain, several manufacturing stages, regulatory compliances, and after-sales service. The advent of electric and autonomous vehicles has increased demand for a data-based solution. Blockchain technology is vital in cutting costs, ensuring a smooth supply chain, optimizing multi-stage procedures, and keeping accountability.
Additionally, blockchain technology helps both automotive vendors and end-users. From tracking a vehicle's service history to bolstering supply chain management, the technology helps different stages of automotive sales, manufacturing, and after-sales. Automotive giants upgrading their supply chain accounts are projected to fuel the automotive blockchain market. Increasing focus on reducing transaction time and rising concerns over data theft and transparency are pushing automotive and equipment dealers to adopt blockchain technology. Automotive giants are utilizing blockchain platforms to develop specific solutions.
For instance, in February 2023, Automotive giant, Toyota Motors sponsored Aster Network's hackathon to get a blockchain solution for itself. The developers built an intracompany decentralized autonomous organization (DAO) that allows highly efficient decision-making and team management functions.
Boosting Supply Chain and Cutting Cost Opportunities to Increase the Blockchain Adoption
The automotive sector includes complex transactions between vendors, distributors, OEMs, and service providers. Blockchain technology makes these operations streamlined. Blockchain technology ensures transparency between different participants of a project or transaction, which helps automotive companies maintain accuracy. Integrating blockchain technology with various aspects of the automotive sector collects, tracks, and shares data at various stages of supply chain management (SCM).
Transparency, higher accountability, and streamlined data positively impact the cost dynamics for automotive makers. Streamlined operations create cost-cutting opportunities for automotive businesses. Blockchain tools ensure the flow of raw materials, hence higher productivity. Furthermore, blockchain technology helps manufacturers trace regulatory compliances without human intervention and control. Blockchain tools help in the virtual testing of automotive applications of artificial intelligence and machine learning.
For instance, in December 2022, BMW GmbH revamped its operations with Coinweb and BNB Chain's blockchain technology. The layer-2 cross-chain computation platform, Coinweb integrated with automotive giant BMW to help the company with efficient financial transactions. The BNB Chain, owned by Binance, would work as the backbone of the program as it is highly efficient, cost-effective, and fast.
High Sustainability and Evolving Automotive Industry to Fuel the Market Growth
Automotive brands adopt different technologies to deliver sustainable vehicles while ensuring eco-friendly manufacturing. Blockchain technology helps streamline standard data provided while virtually designing vehicle components. Therefore, it reduces prototype failures and tests vehicles with accuracy. The advent of electric and autonomous vehicles is expected to add value to the automotive blockchain industry. Blockchain technology is expected to power new manufacturing, retail, and distribution channels.
For example, in October 2023, the Nissan Formula E team used blockchain technology provided by UAE-based software company Coral to increase awareness of the importance of carbon credits and help the global decarbonization program. The Nissan E team will use the technology in the 2023/24 ABB FIA Formula E World Championship. The Nissan Formula E team and Coral would follow a Greenhouse Gas Protocol and Science Standard framework to track the carbon footprint of the racing team and ensure transparency.
Government Focus on Higher Vehicle Security to Propel the Market Growth
Government promoting sustainable measures and vehicles is projected to further drive the market. The government authorities are constantly pushing for the adoption of the latest technologies like connected car technology, autonomous control, and vehicle-to-vehicle communication. There are many cases in the automotive sector where blockchain can drive innovation and address some challenges growing exponentially.
The government integrates blockchain technology with automotive insurance, dealing with crucial personal information related to individuals and their vehicles. The technology streamlines the data to filter vehicles without insurance, helping government regulatory bodies to act accordingly. Governments partner with blockchain technology vendors to introduce it to different sectors, including retail, healthcare, and automotive.
For instance, in January 2023, the Indian government launched its blockchain module with crypto-oriented 5ire Chain Techno Pvt. Ltd., a Network Capital. The initiative has been launched under the government's National Institution for Transforming India (NITI) Aayog's Atal innovation mission plan.
Applications and Solutions Lead to Higher Adoption Through OEM Platforms
Based on providers, application and solution segment dominates the global automotive blockchain market. The growth is attributed to the adoption of blockchain technology by a larger section of automotive OEMs, as it requires solutions for complex transactions, supply chain management (SCM), and R&D projects. The blockchain applications focus on creating reports while disseminating the data among concerned departments, ensuring transparency. Furthermore, the application and solution providers charge higher amounts and hence hold the major revenue share in the provider category of the market. Additionally, blockchain technology is a safe and secure network that can hardly be manipulated. It prevents data leaks through the accurate application of cryptography. Multilayered authentication and easy deployment, delivering an edge to the application and solution segment over the other segments.
For instance, in August 2023, Mitsubishi Motors Europe announced that it would deploy Vinturas's Cloud-based interoperable network solution (INS). The solution would be integrated into its new generation ASX and the latest COLT models and provide a secure and private vehicle tracking ecosystem.
North America Dominates Automotive Blockchain Market
North America is the leading consumer of the global automotive blockchain market. The region holds a significant share of the market. America is the home to major technological companies that provide solutions to many verticals. The United States is home to blockchain technology giants like IBM, Microsoft, and Helbiz. The automotive brands originating from North America are adopting blockchain solutions at a major scale to enhance productivity and save capital. Furthermore, the factors attributed to the increasing demand for automotive blockchain are the rising requirement for transparency and better data management.
Also, Asia-Pacific's research environment and deployment of the latest technologies are not missing on automotive adoption of blockchain technology. Major OEMs are testing different blockchain pilots to utilize these platforms for better regional productivity and transparency.
Future Market Scenario (2024 - 2031F)
The easy tracking of carbon footprints, advent of battery-based vehicles, and increased adoption in emerging economies, like India and China, are projected to propel the market growth.
The government's push for sustainable manufacturing pushes automotive manufacturers to adopt various blockchain technologies.
The authorities push for regulatory compliance on data security and transparency, which is anticipated to increase the demand for automotive blockchain solutions.
Leading automotive companies are expected to adopt blockchain-based solutions for AI integration and IoT deployment.
Key Players Landscape and Outlook
Key players in automotive blockchain market follow a solutions-based approach while building blockchain tools and software. The technology vendors try to make their platform inclusive while adding elements like customization, enhanced data protection, and streamlined workflows. Furthermore, the major players collaborate with automotive brands, government vehicle insurance entities, etc.
IBM Corporation helps the automotive industry with its blockchain services. The service taps innovative mobility services, supply chain traceability, and trustworthy financial transactions. The blockchain technology helps the vehicles in complex networked software platforms. The company delivers blockchain-backed car eWallet service through IBM cloud platform. The platform has been built through IBM's partnership with ZF and UBS bank.
Tech Mahindra has collaborated with Netherlands-based startup Quantoz to deliver Blockchain-as-a-Service (BaaS) for secure transactions. The collaboration helps the automotive industry in creating a smooth payment gateway for automotive OEMs, triggering new revenue streams through third-party ecosystem.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.