Growth Opportunities and Use Cases for Blockchain in Automotive

Description

Imminent Transformation as the Technology Promises to Fortify and Democratize Data while Bolstering Vehicle Validation

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

Product Code: PECD-42

Strategic Imperatives

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™

Growth Environment

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

Scope

Research Scope
Key Definitions
Growth Drivers
Growth Restraints

Automotive Blockchain-Use Cases and Opportunities

Driver Behavior Contextual Learning
Connected Mobility
V2X
Safer Roads through Connectivity
Blockchain-secured Location Sharing
Delegated Access Control
EV Charging

Vehicle Identification Overview and Analysis

Vehicle Identity Use Cases
VID Standards-Stakeholder Use Case Matrix
VID Use Cases Adoption Analysis (2023-2026)

Automotive OEM Profiles-Blockchain Initiatives, Engagements, and Roadmaps

Ford-Blockchain Strategy Initiatives and Roadmap
Nissan-Blockchain Strategy Initiatives and Roadmap
Toyota-Blockchain Strategy Initiatives and Roadmap
BMW-Blockchain Strategy Initiatives and Roadmap
MB-Blockchain Strategy Initiatives and Roadmap
Volkswagen (VW)-Blockchain Strategy Initiatives and Roadmap
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

Conclusion

Conclusions

Growth Opportunity Universe

Growth Opportunity 1-Blockchain-based Supply Chain Solutions
Growth Opportunity 2-Battery Passports and EVs
Growth Opportunity 3-Data Monetization, VID, and P2P

Next Steps

Your Next Steps
Why Frost, Why Now?
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