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Product Code LP0913511473XUK
Published Date 2023/3/10
LP Information
English101 PagesGlobal

Global Cryptocurrency Mining Hardware Market Growth 2023-2029 ‐ Telecom_Media_ICT_Digital Market


Report Thumbnail
Product Code LP0913511473XUK◆The Mar 2026 edition is also likely available. We will check with the publisher immediately.
Published Date 2023/3/10
LP Information
English 101 PagesGlobal

Global Cryptocurrency Mining Hardware Market Growth 2023-2029 ‐ Telecom_Media_ICT_Digital Market


Abstract

Summary

Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions (and a "mining rig" is a colloquial metaphor for a single computer system that performs the necessary computations for "mining". This ledger of past transactions is called the block chain as it is a chain of blocks. The blockchain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the blockchain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
LPI (LP Information)' newest research report, the “Cryptocurrency Mining Hardware Industry Forecast” looks at past sales and reviews total world Cryptocurrency Mining Hardware sales in 2022, providing a comprehensive analysis by region and market sector of projected Cryptocurrency Mining Hardware sales for 2023 through 2029. With Cryptocurrency Mining Hardware sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cryptocurrency Mining Hardware industry.
This Insight Report provides a comprehensive analysis of the global Cryptocurrency Mining Hardware landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cryptocurrency Mining Hardware portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cryptocurrency Mining Hardware market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cryptocurrency Mining Hardware and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cryptocurrency Mining Hardware.
The global Cryptocurrency Mining Hardware market size is projected to grow from US$ 7880.9 million in 2022 to US$ 12760 million in 2029; it is expected to grow at a CAGR of 12760 from 2023 to 2029.
United States market for Cryptocurrency Mining Hardware is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Cryptocurrency Mining Hardware is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Cryptocurrency Mining Hardware is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Cryptocurrency Mining Hardware players cover BitMain Technologies Holding, Canaan Creative, Halong Mining, Advanced Micro Devices, Baikal Miner, Bitfury Group, Canaan Creative, Innosilicon and ASICMiner, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Cryptocurrency Mining Hardware market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
ASIC Miner
GPU Mining Rig
Others
Segmentation by application
Enterprise
Personal
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BitMain Technologies Holding
Canaan Creative
Halong Mining
Advanced Micro Devices
Baikal Miner
Bitfury Group
Canaan Creative
Innosilicon
ASICMiner
Ebang Communication
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cryptocurrency Mining Hardware market?
What factors are driving Cryptocurrency Mining Hardware market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cryptocurrency Mining Hardware market opportunities vary by end market size?
How does Cryptocurrency Mining Hardware break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Table of Contents

  • 1 Scope of the Report

    • 1.1 Market Introduction
    • 1.2 Years Considered
    • 1.3 Research Objectives
    • 1.4 Market Research Methodology
    • 1.5 Research Process and Data Source
    • 1.6 Economic Indicators
    • 1.7 Currency Considered
    • 1.8 Market Estimation Caveats

  • 2 Executive Summary

    • 2.1 World Market Overview
      • 2.1.1 Global Cryptocurrency Mining Hardware Annual Sales 2018-2029
      • 2.1.2 World Current & Future Analysis for Cryptocurrency Mining Hardware by Geographic Region, 2018, 2022 & 2029
      • 2.1.3 World Current & Future Analysis for Cryptocurrency Mining Hardware by Country/Region, 2018, 2022 & 2029
    • 2.2 Cryptocurrency Mining Hardware Segment by Type
      • 2.2.1 ASIC Miner
      • 2.2.2 GPU Mining Rig
      • 2.2.3 Others
    • 2.3 Cryptocurrency Mining Hardware Sales by Type
      • 2.3.1 Global Cryptocurrency Mining Hardware Sales Market Share by Type (2018-2023)
      • 2.3.2 Global Cryptocurrency Mining Hardware Revenue and Market Share by Type (2018-2023)
      • 2.3.3 Global Cryptocurrency Mining Hardware Sale Price by Type (2018-2023)
    • 2.4 Cryptocurrency Mining Hardware Segment by Application
      • 2.4.1 Enterprise
      • 2.4.2 Personal
    • 2.5 Cryptocurrency Mining Hardware Sales by Application
      • 2.5.1 Global Cryptocurrency Mining Hardware Sale Market Share by Application (2018-2023)
      • 2.5.2 Global Cryptocurrency Mining Hardware Revenue and Market Share by Application (2018-2023)
      • 2.5.3 Global Cryptocurrency Mining Hardware Sale Price by Application (2018-2023)

  • 3 Global Cryptocurrency Mining Hardware by Company

    • 3.1 Global Cryptocurrency Mining Hardware Breakdown Data by Company
      • 3.1.1 Global Cryptocurrency Mining Hardware Annual Sales by Company (2018-2023)
      • 3.1.2 Global Cryptocurrency Mining Hardware Sales Market Share by Company (2018-2023)
    • 3.2 Global Cryptocurrency Mining Hardware Annual Revenue by Company (2018-2023)
      • 3.2.1 Global Cryptocurrency Mining Hardware Revenue by Company (2018-2023)
      • 3.2.2 Global Cryptocurrency Mining Hardware Revenue Market Share by Company (2018-2023)
    • 3.3 Global Cryptocurrency Mining Hardware Sale Price by Company
    • 3.4 Key Manufacturers Cryptocurrency Mining Hardware Producing Area Distribution, Sales Area, Product Type
      • 3.4.1 Key Manufacturers Cryptocurrency Mining Hardware Product Location Distribution
      • 3.4.2 Players Cryptocurrency Mining Hardware Products Offered
    • 3.5 Market Concentration Rate Analysis
      • 3.5.1 Competition Landscape Analysis
      • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    • 3.6 New Products and Potential Entrants
    • 3.7 Mergers & Acquisitions, Expansion

  • 4 World Historic Review for Cryptocurrency Mining Hardware by Geographic Region

    • 4.1 World Historic Cryptocurrency Mining Hardware Market Size by Geographic Region (2018-2023)
      • 4.1.1 Global Cryptocurrency Mining Hardware Annual Sales by Geographic Region (2018-2023)
      • 4.1.2 Global Cryptocurrency Mining Hardware Annual Revenue by Geographic Region (2018-2023)
    • 4.2 World Historic Cryptocurrency Mining Hardware Market Size by Country/Region (2018-2023)
      • 4.2.1 Global Cryptocurrency Mining Hardware Annual Sales by Country/Region (2018-2023)
      • 4.2.2 Global Cryptocurrency Mining Hardware Annual Revenue by Country/Region (2018-2023)
    • 4.3 Americas Cryptocurrency Mining Hardware Sales Growth
    • 4.4 APAC Cryptocurrency Mining Hardware Sales Growth
    • 4.5 Europe Cryptocurrency Mining Hardware Sales Growth
    • 4.6 Middle East & Africa Cryptocurrency Mining Hardware Sales Growth

  • 5 Americas

    • 5.1 Americas Cryptocurrency Mining Hardware Sales by Country
      • 5.1.1 Americas Cryptocurrency Mining Hardware Sales by Country (2018-2023)
      • 5.1.2 Americas Cryptocurrency Mining Hardware Revenue by Country (2018-2023)
    • 5.2 Americas Cryptocurrency Mining Hardware Sales by Type
    • 5.3 Americas Cryptocurrency Mining Hardware Sales by Application
    • 5.4 United States
    • 5.5 Canada
    • 5.6 Mexico
    • 5.7 Brazil

  • 6 APAC

    • 6.1 APAC Cryptocurrency Mining Hardware Sales by Region
      • 6.1.1 APAC Cryptocurrency Mining Hardware Sales by Region (2018-2023)
      • 6.1.2 APAC Cryptocurrency Mining Hardware Revenue by Region (2018-2023)
    • 6.2 APAC Cryptocurrency Mining Hardware Sales by Type
    • 6.3 APAC Cryptocurrency Mining Hardware Sales by Application
    • 6.4 China
    • 6.5 Japan
    • 6.6 South Korea
    • 6.7 Southeast Asia
    • 6.8 India
    • 6.9 Australia
    • 6.10 China Taiwan

  • 7 Europe

    • 7.1 Europe Cryptocurrency Mining Hardware by Country
      • 7.1.1 Europe Cryptocurrency Mining Hardware Sales by Country (2018-2023)
      • 7.1.2 Europe Cryptocurrency Mining Hardware Revenue by Country (2018-2023)
    • 7.2 Europe Cryptocurrency Mining Hardware Sales by Type
    • 7.3 Europe Cryptocurrency Mining Hardware Sales by Application
    • 7.4 Germany
    • 7.5 France
    • 7.6 UK
    • 7.7 Italy
    • 7.8 Russia

  • 8 Middle East & Africa

    • 8.1 Middle East & Africa Cryptocurrency Mining Hardware by Country
      • 8.1.1 Middle East & Africa Cryptocurrency Mining Hardware Sales by Country (2018-2023)
      • 8.1.2 Middle East & Africa Cryptocurrency Mining Hardware Revenue by Country (2018-2023)
    • 8.2 Middle East & Africa Cryptocurrency Mining Hardware Sales by Type
    • 8.3 Middle East & Africa Cryptocurrency Mining Hardware Sales by Application
    • 8.4 Egypt
    • 8.5 South Africa
    • 8.6 Israel
    • 8.7 Turkey
    • 8.8 GCC Countries

  • 9 Market Drivers, Challenges and Trends

    • 9.1 Market Drivers & Growth Opportunities
    • 9.2 Market Challenges & Risks
    • 9.3 Industry Trends

  • 10 Manufacturing Cost Structure Analysis

    • 10.1 Raw Material and Suppliers
    • 10.2 Manufacturing Cost Structure Analysis of Cryptocurrency Mining Hardware
    • 10.3 Manufacturing Process Analysis of Cryptocurrency Mining Hardware
    • 10.4 Industry Chain Structure of Cryptocurrency Mining Hardware

  • 11 Marketing, Distributors and Customer

    • 11.1 Sales Channel
      • 11.1.1 Direct Channels
      • 11.1.2 Indirect Channels
    • 11.2 Cryptocurrency Mining Hardware Distributors
    • 11.3 Cryptocurrency Mining Hardware Customer

  • 12 World Forecast Review for Cryptocurrency Mining Hardware by Geographic Region

    • 12.1 Global Cryptocurrency Mining Hardware Market Size Forecast by Region
      • 12.1.1 Global Cryptocurrency Mining Hardware Forecast by Region (2024-2029)
      • 12.1.2 Global Cryptocurrency Mining Hardware Annual Revenue Forecast by Region (2024-2029)
    • 12.2 Americas Forecast by Country
    • 12.3 APAC Forecast by Region
    • 12.4 Europe Forecast by Country
    • 12.5 Middle East & Africa Forecast by Country
    • 12.6 Global Cryptocurrency Mining Hardware Forecast by Type
    • 12.7 Global Cryptocurrency Mining Hardware Forecast by Application

  • 13 Key Players Analysis

    • 13.1 BitMain Technologies Holding
      • 13.1.1 BitMain Technologies Holding Company Information
      • 13.1.2 BitMain Technologies Holding Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.1.3 BitMain Technologies Holding Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.1.4 BitMain Technologies Holding Main Business Overview
      • 13.1.5 BitMain Technologies Holding Latest Developments
    • 13.2 Canaan Creative
      • 13.2.1 Canaan Creative Company Information
      • 13.2.2 Canaan Creative Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.2.3 Canaan Creative Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.2.4 Canaan Creative Main Business Overview
      • 13.2.5 Canaan Creative Latest Developments
    • 13.3 Halong Mining
      • 13.3.1 Halong Mining Company Information
      • 13.3.2 Halong Mining Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.3.3 Halong Mining Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.3.4 Halong Mining Main Business Overview
      • 13.3.5 Halong Mining Latest Developments
    • 13.4 Advanced Micro Devices
      • 13.4.1 Advanced Micro Devices Company Information
      • 13.4.2 Advanced Micro Devices Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.4.3 Advanced Micro Devices Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.4.4 Advanced Micro Devices Main Business Overview
      • 13.4.5 Advanced Micro Devices Latest Developments
    • 13.5 Baikal Miner
      • 13.5.1 Baikal Miner Company Information
      • 13.5.2 Baikal Miner Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.5.3 Baikal Miner Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.5.4 Baikal Miner Main Business Overview
      • 13.5.5 Baikal Miner Latest Developments
    • 13.6 Bitfury Group
      • 13.6.1 Bitfury Group Company Information
      • 13.6.2 Bitfury Group Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.6.3 Bitfury Group Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.6.4 Bitfury Group Main Business Overview
      • 13.6.5 Bitfury Group Latest Developments
    • 13.7 Canaan Creative
      • 13.7.1 Canaan Creative Company Information
      • 13.7.2 Canaan Creative Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.7.3 Canaan Creative Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.7.4 Canaan Creative Main Business Overview
      • 13.7.5 Canaan Creative Latest Developments
    • 13.8 Innosilicon
      • 13.8.1 Innosilicon Company Information
      • 13.8.2 Innosilicon Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.8.3 Innosilicon Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.8.4 Innosilicon Main Business Overview
      • 13.8.5 Innosilicon Latest Developments
    • 13.9 ASICMiner
      • 13.9.1 ASICMiner Company Information
      • 13.9.2 ASICMiner Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.9.3 ASICMiner Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.9.4 ASICMiner Main Business Overview
      • 13.9.5 ASICMiner Latest Developments
    • 13.10 Ebang Communication
      • 13.10.1 Ebang Communication Company Information
      • 13.10.2 Ebang Communication Cryptocurrency Mining Hardware Product Portfolios and Specifications
      • 13.10.3 Ebang Communication Cryptocurrency Mining Hardware Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.10.4 Ebang Communication Main Business Overview
      • 13.10.5 Ebang Communication Latest Developments

  • 14 Research Findings and Conclusion

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