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Imminent Transformation as the Technology Promises to Fortify and Democratize Data while Bolstering Vehicle Validation
11-Oct-2023
North America
Market Research
PECD-01-00-00-00
AU_2023_212
This report presents Frost & Sullivan’s analysis of blockchain use cases specific to the automotive industry in several regions, namely North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023.
The blockchain revolution is transforming industries worldwide, and the automotive sector is no exception. Automotive companies experiment with trends such as decentralized autonomous organizations (DAOs) an non-fungible tokens (NFTs) to embrace a new generation of customers or car enthusiasts who like to engage with digital trends that involve the latest technologies.
This study analyzes disruptive use cases with limitless opportunities for blockchain in mobility. From fortifying and democratizing automotive data to bolstering vehicle validation, this cutting-edge technology is set to entice car enthusiasts and revolutionize the industry, paving the way for new and innovative business models. However, with these growth opportunities come implementation risks, trust challenges, skill gaps, and regulatory hurdles that limit the potential of blockchain for automotive enrichment.
Key Issues Addressed
- Trends impacting the Automotive blockchain industry
- Original equipment manufacturers (OEMs) analysis of blockchain use cases in different regions
- Blockchain adoption analysis in Automotive value chain
- Connected, Autonomous, Shared and Electric (CASE) and Blockchain Adoption
- Short Term Use cases
- Battery Passport
- Vehicle Identity
Author: Sriram Venkatraman
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Automotive Blockchain Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Why Blockchain?
Key Industry Challenges
The Future of Blockchain
OEMs’ Approach to Blockchain—Highlights
Toyota Blockchain Lab—Highlights and Focus Areas
Automotive Value Chain—Key Use Cases for Blockchain Adoption
OEM Blockchain Priorities in Automotive Value Chain
Automotive CASE Key Use Cases—Blockchain Adoption
CASE Priorities for Automotive OEMs
OEM Use Case Preference—Short Term
Research Scope
Key Definitions
Growth Drivers
Growth Restraints
Driver Behavior Contextual Learning
Connected Mobility
V2X
Safer Roads through Connectivity
Blockchain-secured Location Sharing
Delegated Access Control
EV Charging
Vehicle Identity Use Cases
VID Standards—Stakeholder Use Case Matrix
VID Use Cases Adoption Analysis (2023–2026)
Ford—Blockchain Strategy Initiatives and Roadmap
Ford—Blockchain Strategy Initiatives and Roadmap (continued)
Nissan—Blockchain Strategy Initiatives and Roadmap
Nissan—Blockchain Strategy Initiatives and Roadmap (continued)
Toyota—Blockchain Strategy Initiatives and Roadmap
Toyota—Blockchain Strategy Initiatives and Roadmap (continued)
BMW—Blockchain Strategy Initiatives and Roadmap
BMW—Blockchain Strategy Initiatives and Roadmap (continued)
BMW—Blockchain Strategy Initiatives and Roadmap (continued)
MB—Blockchain Strategy Initiatives and Roadmap
MB—Blockchain Strategy Initiatives and Roadmap (continued)
Volkswagen (VW)—Blockchain Strategy Initiatives and Roadmap
VW—Blockchain Strategy Initiatives and Roadmap (continued)
Stellantis—Blockchain Strategy Initiatives and Roadmap
Daimler Group—Blockchain Strategy Initiatives and Roadmap
Renault—Blockchain Strategy Initiatives and Roadmap
Honda—Blockchain Strategy Initiatives and Roadmap
Hyundai Group—Blockchain Strategy Initiatives and Roadmap
Tata Group—Blockchain Strategy Initiatives and Roadmap
Volvo—Blockchain Strategy Initiatives and Roadmap
Tesla—Blockchain Strategy Initiatives and Roadmap
Conclusions
Growth Opportunity 1—Blockchain-based Supply Chain Solutions
Growth Opportunity 1—Blockchain-based Supply Chain Solutions (continued)
Growth Opportunity 2—Battery Passports and EVs
Growth Opportunity 2—Battery Passports and EVs (continued)
Growth Opportunity 3—Data Monetization, VID, and P2P
Growth Opportunity 3—Data Monetization, VID, and P2P (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- Automotive Blockchain: Why Blockchain, Global, 2023
- Automotive Blockchain: Industry Challenges, Global, 2023
- Automotive Blockchain: Future of Blockchain, Global, 2023
- Automotive Blockchain: OEMs’ Approach to Adoption, Global, 2022–2023
- Automotive Blockchain: OEMs’ Approach to Adoption, North America (NA) and Europe, 2022–2023
- Automotive Blockchain: OEM Blockchain Priorities, Global, 2023–2028
- Automotive Blockchain: CASE Key Use Cases, Global, 2023–2025
- Automotive Blockchain: OEM CASE Priorities, Global, 2023–2025
- Automotive Blockchain: OEM Use Case Preference, Global, 2023–2025
- Automotive Blockchain: Growth Drivers, Global, 2023–2030
- Automotive Blockchain: Growth Restraints, Global, 2023–2030
- Automotive Blockchain: Vehicle Identity Use Cases, Global, 2023–2026
- Automotive Blockchain: Ford Initiatives, Global, 2019–2020
- Automotive Blockchain: Ford Initiatives, Global, 2020–2023
- Automotive Blockchain: Nissan Initiatives, Global, 2022–2023
- Automotive Blockchain: Nissan Initiatives, Global, 2023
- Automotive Blockchain: Toyota Initiatives, Global, 2019–2020
- Automotive Blockchain: Toyota Initiatives, Global, 2019–2023
- Automotive Blockchain: BMW Initiatives, Global, 2019–2020
- Automotive Blockchain: BMW Initiatives, Global, 2022
- Automotive Blockchain: BMW Initiatives, Global, 2022–2023
- Automotive Blockchain: MB Initiatives, Global, 2020–2022
- Automotive Blockchain: Mercedes-Benz Initiatives, Global, 2022–2023
- Automotive Blockchain: VW Initiatives, Global, 2019–2022
- Automotive Blockchain: VW Initiatives, Global, 2022–2023
- Automotive Blockchain: Stellantis Initiatives, Global, 2019–2022
- Automotive Blockchain: Daimler Group Initiatives, Global, 2018–2019
- Automotive Blockchain: Renault Initiatives, Global, 2017–2022
- Automotive Blockchain: Honda Initiatives, Global, 2019–2023
- Automotive Blockchain: Hyundai Initiatives, Global, 2019–2022
- Automotive Blockchain: Tata Group Initiatives, Global, 2021–2023
- Automotive Blockchain: Volvo Initiatives, Global, 2018–2021
- Automotive Blockchain: Tesla Initiatives, Global, 2021–2022
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Key Issues Addressed
- Trends impacting the Automotive blockchain industry
- Original equipment manufacturers (OEMs) analysis of blockchain use cases in different regions
- Blockchain adoption analysis in Automotive value chain
- Connected, Autonomous, Shared and Electric (CASE) and Blockchain Adoption
- Short Term Use cases
- Battery Passport
- Vehicle Identity
Author: Sriram Venkatraman
| Deliverable Type | Market Research |
|---|---|
| Author | Sriram Venkatraman |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Blockchain Technology Trends |
| Keyword 2 | Future Trends in Automotive Blockchain |
| Keyword 3 | Smart Contracts in Auto Industry |
| List of Charts and Figures | Automotive Blockchain: Why Blockchain, Global, 2023~ Automotive Blockchain: Industry Challenges, Global, 2023~ Automotive Blockchain: Future of Blockchain, Global, 2023~ Automotive Blockchain: OEMs’ Approach to Adoption, Global, 2022–2023~ Automotive Blockchain: OEMs’ Approach to Adoption, North America (NA) and Europe, 2022–2023~ Automotive Blockchain: OEM Blockchain Priorities, Global, 2023–2028~ Automotive Blockchain: CASE Key Use Cases, Global, 2023–2025~ Automotive Blockchain: OEM CASE Priorities, Global, 2023–2025~ Automotive Blockchain: OEM Use Case Preference, Global, 2023–2025~ Automotive Blockchain: Growth Drivers, Global, 2023–2030~ Automotive Blockchain: Growth Restraints, Global, 2023–2030~ Automotive Blockchain: Vehicle Identity Use Cases, Global, 2023–2026~ Automotive Blockchain: Ford Initiatives, Global, 2019–2020~ Automotive Blockchain: Ford Initiatives, Global, 2020–2023~ Automotive Blockchain: Nissan Initiatives, Global, 2022–2023~ Automotive Blockchain: Nissan Initiatives, Global, 2023~ Automotive Blockchain: Toyota Initiatives, Global, 2019–2020~ Automotive Blockchain: Toyota Initiatives, Global, 2019–2023~ Automotive Blockchain: BMW Initiatives, Global, 2019–2020~ Automotive Blockchain: BMW Initiatives, Global, 2022~ Automotive Blockchain: BMW Initiatives, Global, 2022–2023~ Automotive Blockchain: MB Initiatives, Global, 2020–2022~ Automotive Blockchain: Mercedes-Benz Initiatives, Global, 2022–2023~ Automotive Blockchain: VW Initiatives, Global, 2019–2022~ Automotive Blockchain: VW Initiatives, Global, 2022–2023~ Automotive Blockchain: Stellantis Initiatives, Global, 2019–2022~ Automotive Blockchain: Daimler Group Initiatives, Global, 2018–2019~ Automotive Blockchain: Renault Initiatives, Global, 2017–2022~ Automotive Blockchain: Honda Initiatives, Global, 2019–2023~ Automotive Blockchain: Hyundai Initiatives, Global, 2019–2022~ Automotive Blockchain: Tata Group Initiatives, Global, 2021–2023~ Automotive Blockchain: Volvo Initiatives, Global, 2018–2021~ Automotive Blockchain: Tesla Initiatives, Global, 2021–2022~ |
| Podcast | No |
| WIP Number | PECD-01-00-00-00 |
Growth Opportunities and Use Cases for Blockchain in Automotive
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