Report overview
Cryptocurrency mining refers to the principle of block chain technology which includes the assembling of transactions into blocks and then executes multiple computations, which further seal those blocks. The main advantage of cryptocurrency mining is that it verifies the transaction and in return provides transaction fees and new block.
This report aims to provide a comprehensive presentation of the global market for Cryptocurrency Mining Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cryptocurrency Mining Equipment. This report contains market size and forecasts of Cryptocurrency Mining Equipment in global, including the following market information:
Global Cryptocurrency Mining Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Cryptocurrency Mining Equipment Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Cryptocurrency Mining Equipment companies in 2022 (%)
The global Cryptocurrency Mining Equipment market was valued at US$ 1232.2 million in 2022 and is projected to reach US$ 2423.4 million by 2029, at a CAGR of 10.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The adoption of cryptocurrency mining services such as cloud mining services and remote hosting services is increasing in the developed regions. This factor is estimated to showcase a significant growth in the global cryptocurrency mining equipment market over the forecast period. Apart from this, increasing technological advancement in GPUs and ASICs is providing the miners with higher probability. This factor is expected to increase the growth of global cryptocurrency mining equipment market over the forecast period.
We surveyed the Cryptocurrency Mining Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cryptocurrency Mining Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Cryptocurrency Mining Equipment Market Segment Percentages, by Type, 2022 (%)
CPU Mining
Graphics Processing Units (GPUs)
Field Programmable Gate Arrays (FPGAs)
Application Specific Integrated Circuits (ASICs)
Others
Global Cryptocurrency Mining Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Cryptocurrency Mining Equipment Market Segment Percentages, by Application, 2022 (%)
Self-Mining
Cloud Mining Services
Remote Hosting Services
Others
Global Cryptocurrency Mining Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Cryptocurrency Mining Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cryptocurrency Mining Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cryptocurrency Mining Equipment revenues share in global market, 2022 (%)
Key companies Cryptocurrency Mining Equipment sales in global market, 2018-2023 (Estimated), (Units)
Key companies Cryptocurrency Mining Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Samsung Electronics
NVIDIA Graphics
Advanced Micro Devices
Russian Miner Coin
Halong Mining
Zhejiang Ebang Communication
Bitmain Technologies
Canaan Creative
TSMC
BitFury
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cryptocurrency Mining Equipment, market overview.
Chapter 2: Global Cryptocurrency Mining Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Cryptocurrency Mining Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cryptocurrency Mining Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cryptocurrency Mining Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.