Blockchain in Manufacturing Market Analysis 2026

Competitive Landscape of Blockchain in Manufacturing

The blockchain market in manufacturing is very competitive and somewhat fragmented. The leading industry participants are always executing various growth strategies in order to maintain a competitive edge. These players use innovations, mergers & acquisitions, collaborations, and partnerships to thrive in a competitive market. The key market players are constantly focusing on R&D in order to supply industries with the most effective and cost-effective solutions. 

• January 2023, Ava Labs and Amazon Web Services (AWS) have announced a collaboration to support blockchain technology adoption by organisations, businesses, and governments. Developers will find it considerably simpler to create Avalanche blockchain nodes thanks to AWS' support for the infrastructure and decentralised applications (dApps) of the Avalanche blockchain. Additionally, Ava Labs plans to add a "subnet" deployment tool to the AWS Marketplace, enabling individuals and businesses to quickly create distinctive networks within the Avalanche blockchain.

(Source: techcrunch.com/2023/01/11/aws-partners-with-avalanche-to-scale-blockchain-solutions-for-enterprises-governments/)

• June 2022, , Accenture, Shell and American Express Global Business Travel cooperated to establish Avelia, one of the first blockchain-backed digital book-and-claim platforms for sustainable aviation fuel (SAF) for business travel. The pilot phase of the initiative aims to demonstrate the viability of the book-and-claim concept by assuring the distribution of SAF's environmental attributes to companies and aircraft after the fuel has been provided into the fuel network through blockchain technology.

(Source: biofuelscentral.com/shell-accenture-amex-gbt-launch-worlds-first-blockchain-powered-digital-book-claim-solutions-fscaling-sustainable-aviation-fuel-saf/)

• April 2022, the Intel Corporation has introduced a new Intel Blockscale ASIC. An application-specific integrated circuit (ASIC) will provide the essential energy efficiency and processing capacity for scalability and sustainability. Because of the features of the silicon powering this technology, Intel will be able to offer it in huge quantities without interfering with the supply of new CPUs or GPUs. As a consequence, Intel Blockscale ASIC will play a vital role in supporting bitcoin mining firms in attaining their sustainability and hash rate scaling goals in the next years.

(Source: www.intel.com/content/www/us/en/newsroom/news/intel-launches-new-intel-blockscale-technology.html)

• July 2021, Tech Mahindra, an Indian information technology company, has devised a blockchain-based system to track vaccination supplies throughout the world.

(Source: www.thehindu.com/sci-tech/technology/tech-mahindra-to-launch-blockchain-based-system-to-track-vaccine-supply/article35275149.ece)

AB

Aarti Bagekari Verified Analyst

Research Associate at Cognitive Market Research and Consulting · Cognitive Market Research

Driven by a passion for transforming complex digital and business data into actionable market intelligence, Aarti Bagekari focuses her research expertise on the Services & Software and Internet & Communication sectors. Her professional interests lie in analyzing evolving technology ecosystems, digital business models, software innovation, communication infrastructure, and emerging trends that are reshaping the global digital economy.

By leveraging a combination of primary and secondary research methodologies, Aarti develops comprehensive market perspectives that enable organizations to make informed strategic decisions in highly dynamic and competitive environments. Her work involves engaging with industry experts, technology providers, service operators, and key stakeholders while conducting extensive analysis of market data, industry developments, regulatory landscapes, and competitive dynamics. This balanced research approach allows her to uncover meaningful market patterns and identify opportunities that support long-term business growth.

Aarti possesses strong capabilities in market sizing and forecasting, competitive benchmarking, customer and stakeholder research, technology trend analysis, and strategic market assessment. She regularly evaluates developments across software solutions, cloud computing, digital services, telecommunications, internet platforms, enterprise technologies, and next-generation communication networks. Her ability to synthesize large volumes of information into clear and actionable insights helps organizations better understand market shifts, customer expectations, and emerging business opportunities.

At Cognitive Market Research & Consulting, Aarti contributes to market research reports, custom consulting engagements, and survey-based studies that support technology vendors, service providers, investors, and enterprise decision-makers. Her analytical mindset, attention to detail, and commitment to research excellence enable clients to navigate rapidly evolving digital markets, strengthen competitive positioning, and develop sustainable growth strategies in an increasingly connected world.

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