Specialized IC chips are known as ASIC chips. An ASIC chip are generally customized to process a particular application but has little flexibility for general use, which are increasingly employed in blockchain and many other cutting-edge technologies. Its estimated growth from 2023 to 2029 is expected to be at a CAGR of 10.5%, higher than other types of ICs.
ASIC chips offer stronger computing power and are more energy-efficient than chips for general use in running particular applications they are customized for. Therefore, ASIC chips are widely used in cryptocurrency mining, and ASIC chip designers are major participants in the Bitcoin mining machine industry.
Several entry barriers exist for ASIC chip designers, including design expertise, long development time and high fixed cost. With respect to expertise, ASIC chips are narrowly targeted and have little flexibility and so ASIC chip designers need to have precise and in-depth understanding of the applications being designed. Additionally, ASIC chip designers need to have expertise across a range of domains include programming, integrated circuit production and semiconductor technology in order to understand how to efficiently design an ASIC chip to be integrated into a Bitcoin mining machine. Because of this complexity, designing ASIC chips also requires an enormous input of time to experiment with the specifications and physical design. The typical design cycle takes 12 to 24 months. This also means that ASIC chip design has a high fixed cost in order to experiment for this length of time. Moreover, ASIC chip designers need to be precise in their estimates of market demand so that they do not overspend on the development.
Key performance metrics of Bitcoin mining machines typically include the following:
Computing power. Computing power determines how quickly a Bitcoin mining machine can process a transaction, and is also known as the 鈥渉ash rate鈥� or 鈥渉ash power鈥�. It is evaluated both at the maximum level of computing power and its ability to maintain that level of power. Users may form mining pools with multiple Bitcoin mining machines to increase their collective hash power.
Efficiency. Another key property of Bitcoin mining machines is efficiency, which refers to the amount of power used in relation to the computing power. An efficient Bitcoin mining machine needs to have computing power that is sufficient to generate rewards greater than the cost of the power consumed.
Heat reduction. Because Bitcoin mining machines use a great deal of power, heat reduction is a concern since users may need to expend extra energy costs to keep the Bitcoin mining machines cool enough to avoid overheating.
Others. Other factors that users may consider include the size and weight of the Bitcoin mining machine, its noise level and whether it is complicated to assemble.
ASIC Bitcoin mining hardware comes in many different shapes and sizes, with varying levels of processing power and energy consumption. Some of the most popular ASIC Bitcoin mining hardware manufacturers include Bitmain, Canaan, and MicroBT. These companies produce ASICs that range from small, consumer-grade devices to large, industrial-scale mining farms.
The global ASIC Bitcoin Mining Hardware market is projected to grow from US$ 14100 million in 2024 to US$ 24030 million by 2030, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period.
The key manufacturers of ASIC Bitcoin Mining Hardware in the world are BitMain, Canaan, MicroBT, Ebang, AGMH, Bee Computing, and Innosilicon, among which the top three manufacturers hold over 95% of the market share, with BitMain being the largest producer. The production of global ASIC Bitcoin mining hardware is mainly distributed in North America, Europe, and China, with the top three production regions accounting for over 90% of the market share. Currently, China is the largest production region. In terms of product types, ETH has a relatively rapid growth rate, but BTC has a high market share of more than 90%, followed by LTC and ETH. In terms of its application, mining farm is the largest field, with a market share of nearly 70%, followed by mining pool service providers.
In terms of production side, this report researches the ASIC Bitcoin Mining Hardware production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of ASIC Bitcoin Mining Hardware by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for ASIC Bitcoin Mining Hardware, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of ASIC Bitcoin Mining Hardware, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for ASIC Bitcoin Mining Hardware, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the ASIC Bitcoin Mining Hardware sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global ASIC Bitcoin Mining Hardware market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for ASIC Bitcoin Mining Hardware sales, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
BitMain
Canaan
MicroBT
Ebang
AGMH
Bee Computing
Innosilicon
Segment by Type
BTC
LTC
ETH
Other
Segment by Application
Mining Farm
Mining Pool Service Providers
Production by Region
North America
Europe
China
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: ASIC Bitcoin Mining Hardware production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of ASIC Bitcoin Mining Hardware in global, 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 4: Detailed analysis of ASIC Bitcoin Mining Hardware manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, ASIC Bitcoin Mining Hardware sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Study Coverage
1.1 ASIC Bitcoin Mining Hardware Product Introduction
1.2 Market by Type
1.2.1 Global ASIC Bitcoin Mining Hardware Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 BTC
1.2.3 LTC
1.2.4 ETH
1.2.5 Other
1.3 Market by Application
1.3.1 Global ASIC Bitcoin Mining Hardware Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Mining Farm
1.3.3 Mining Pool Service Providers
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global ASIC Bitcoin Mining Hardware Production
2.1 Global ASIC Bitcoin Mining Hardware Production Capacity (2019-2030)
2.2 Global ASIC Bitcoin Mining Hardware Production by Region: 2019 VS 2023 VS 2030
2.3 Global ASIC Bitcoin Mining Hardware Production by Region
2.3.1 Global ASIC Bitcoin Mining Hardware Historic Production by Region (2019-2024)
2.3.2 Global ASIC Bitcoin Mining Hardware Forecasted Production by Region (2025-2030)
2.3.3 Global ASIC Bitcoin Mining Hardware Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
3 Executive Summary
3.1 Global ASIC Bitcoin Mining Hardware Revenue Estimates and Forecasts 2019-2030
3.2 Global ASIC Bitcoin Mining Hardware Revenue by Region
3.2.1 Global ASIC Bitcoin Mining Hardware Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global ASIC Bitcoin Mining Hardware Revenue by Region (2019-2024)
3.2.3 Global ASIC Bitcoin Mining Hardware Revenue by Region (2025-2030)
3.2.4 Global ASIC Bitcoin Mining Hardware Revenue Market Share by Region (2019-2030)
3.3 Global ASIC Bitcoin Mining Hardware Sales Estimates and Forecasts 2019-2030
3.4 Global ASIC Bitcoin Mining Hardware Sales by Region
3.4.1 Global ASIC Bitcoin Mining Hardware Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global ASIC Bitcoin Mining Hardware Sales by Region (2019-2024)
3.4.3 Global ASIC Bitcoin Mining Hardware Sales by Region (2025-2030)
3.4.4 Global ASIC Bitcoin Mining Hardware Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global ASIC Bitcoin Mining Hardware Sales by Manufacturers
4.1.1 Global ASIC Bitcoin Mining Hardware Sales by Manufacturers (2019-2024)
4.1.2 Global ASIC Bitcoin Mining Hardware Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of ASIC Bitcoin Mining Hardware in 2023
4.2 Global ASIC Bitcoin Mining Hardware Revenue by Manufacturers
4.2.1 Global ASIC Bitcoin Mining Hardware Revenue by Manufacturers (2019-2024)
4.2.2 Global ASIC Bitcoin Mining Hardware Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by ASIC Bitcoin Mining Hardware Revenue in 2023
4.3 Global ASIC Bitcoin Mining Hardware Sales Price by Manufacturers
4.4 Global Key Players of ASIC Bitcoin Mining Hardware, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global ASIC Bitcoin Mining Hardware Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of ASIC Bitcoin Mining Hardware, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of ASIC Bitcoin Mining Hardware, Product Offered and Application
4.8 Global Key Manufacturers of ASIC Bitcoin Mining Hardware, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global ASIC Bitcoin Mining Hardware Sales by Type
5.1.1 Global ASIC Bitcoin Mining Hardware Historical Sales by Type (2019-2024)
5.1.2 Global ASIC Bitcoin Mining Hardware Forecasted Sales by Type (2025-2030)
5.1.3 Global ASIC Bitcoin Mining Hardware Sales Market Share by Type (2019-2030)
5.2 Global ASIC Bitcoin Mining Hardware Revenue by Type
5.2.1 Global ASIC Bitcoin Mining Hardware Historical Revenue by Type (2019-2024)
5.2.2 Global ASIC Bitcoin Mining Hardware Forecasted Revenue by Type (2025-2030)
5.2.3 Global ASIC Bitcoin Mining Hardware Revenue Market Share by Type (2019-2030)
5.3 Global ASIC Bitcoin Mining Hardware Price by Type
5.3.1 Global ASIC Bitcoin Mining Hardware Price by Type (2019-2024)
5.3.2 Global ASIC Bitcoin Mining Hardware Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global ASIC Bitcoin Mining Hardware Sales by Application
6.1.1 Global ASIC Bitcoin Mining Hardware Historical Sales by Application (2019-2024)
6.1.2 Global ASIC Bitcoin Mining Hardware Forecasted Sales by Application (2025-2030)
6.1.3 Global ASIC Bitcoin Mining Hardware Sales Market Share by Application (2019-2030)
6.2 Global ASIC Bitcoin Mining Hardware Revenue by Application
6.2.1 Global ASIC Bitcoin Mining Hardware Historical Revenue by Application (2019-2024)
6.2.2 Global ASIC Bitcoin Mining Hardware Forecasted Revenue by Application (2025-2030)
6.2.3 Global ASIC Bitcoin Mining Hardware Revenue Market Share by Application (2019-2030)
6.3 Global ASIC Bitcoin Mining Hardware Price by Application
6.3.1 Global ASIC Bitcoin Mining Hardware Price by Application (2019-2024)
6.3.2 Global ASIC Bitcoin Mining Hardware Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada ASIC Bitcoin Mining Hardware Market Size by Type
7.1.1 US & Canada ASIC Bitcoin Mining Hardware Sales by Type (2019-2030)
7.1.2 US & Canada ASIC Bitcoin Mining Hardware Revenue by Type (2019-2030)
7.2 US & Canada ASIC Bitcoin Mining Hardware Market Size by Application
7.2.1 US & Canada ASIC Bitcoin Mining Hardware Sales by Application (2019-2030)
7.2.2 US & Canada ASIC Bitcoin Mining Hardware Revenue by Application (2019-2030)
7.3 US & Canada ASIC Bitcoin Mining Hardware Sales by Country
7.3.1 US & Canada ASIC Bitcoin Mining Hardware Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada ASIC Bitcoin Mining Hardware Sales by Country (2019-2030)
7.3.3 US & Canada ASIC Bitcoin Mining Hardware Revenue by Country (2019-2030)
7.3.4 United States
7.3.5 Canada
8 Europe
8.1 Europe ASIC Bitcoin Mining Hardware Market Size by Type
8.1.1 Europe ASIC Bitcoin Mining Hardware Sales by Type (2019-2030)
8.1.2 Europe ASIC Bitcoin Mining Hardware Revenue by Type (2019-2030)
8.2 Europe ASIC Bitcoin Mining Hardware Market Size by Application
8.2.1 Europe ASIC Bitcoin Mining Hardware Sales by Application (2019-2030)
8.2.2 Europe ASIC Bitcoin Mining Hardware Revenue by Application (2019-2030)
8.3 Europe ASIC Bitcoin Mining Hardware Sales by Country
8.3.1 Europe ASIC Bitcoin Mining Hardware Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe ASIC Bitcoin Mining Hardware Sales by Country (2019-2030)
8.3.3 Europe ASIC Bitcoin Mining Hardware Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China ASIC Bitcoin Mining Hardware Market Size by Type
9.1.1 China ASIC Bitcoin Mining Hardware Sales by Type (2019-2030)
9.1.2 China ASIC Bitcoin Mining Hardware Revenue by Type (2019-2030)
9.2 China ASIC Bitcoin Mining Hardware Market Size by Application
9.2.1 China ASIC Bitcoin Mining Hardware Sales by Application (2019-2030)
9.2.2 China ASIC Bitcoin Mining Hardware Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia ASIC Bitcoin Mining Hardware Market Size by Type
10.1.1 Asia ASIC Bitcoin Mining Hardware Sales by Type (2019-2030)
10.1.2 Asia ASIC Bitcoin Mining Hardware Revenue by Type (2019-2030)
10.2 Asia ASIC Bitcoin Mining Hardware Market Size by Application
10.2.1 Asia ASIC Bitcoin Mining Hardware Sales by Application (2019-2030)
10.2.2 Asia ASIC Bitcoin Mining Hardware Revenue by Application (2019-2030)
10.3 Asia ASIC Bitcoin Mining Hardware Sales by Region
10.3.1 Asia ASIC Bitcoin Mining Hardware Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia ASIC Bitcoin Mining Hardware Revenue by Region (2019-2030)
10.3.3 Asia ASIC Bitcoin Mining Hardware Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Market Size by Type
11.1.1 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Market Size by Application
11.2.1 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Sales by Country
11.3.1 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America ASIC Bitcoin Mining Hardware Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 BitMain
12.1.1 BitMain Company Information
12.1.2 BitMain Overview
12.1.3 BitMain ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 BitMain ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 BitMain Recent Developments
12.2 Canaan
12.2.1 Canaan Company Information
12.2.2 Canaan Overview
12.2.3 Canaan ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Canaan ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Canaan Recent Developments
12.3 MicroBT
12.3.1 MicroBT Company Information
12.3.2 MicroBT Overview
12.3.3 MicroBT ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 MicroBT ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 MicroBT Recent Developments
12.4 Ebang
12.4.1 Ebang Company Information
12.4.2 Ebang Overview
12.4.3 Ebang ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Ebang ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Ebang Recent Developments
12.5 AGMH
12.5.1 AGMH Company Information
12.5.2 AGMH Overview
12.5.3 AGMH ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 AGMH ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 AGMH Recent Developments
12.6 Bee Computing
12.6.1 Bee Computing Company Information
12.6.2 Bee Computing Overview
12.6.3 Bee Computing ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Bee Computing ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Bee Computing Recent Developments
12.7 Innosilicon
12.7.1 Innosilicon Company Information
12.7.2 Innosilicon Overview
12.7.3 Innosilicon ASIC Bitcoin Mining Hardware Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Innosilicon ASIC Bitcoin Mining Hardware Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Innosilicon Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 ASIC Bitcoin Mining Hardware Industry Chain Analysis
13.2 ASIC Bitcoin Mining Hardware Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 ASIC Bitcoin Mining Hardware Production Mode & Process
13.4 ASIC Bitcoin Mining Hardware Sales and Marketing
13.4.1 ASIC Bitcoin Mining Hardware Sales Channels
13.4.2 ASIC Bitcoin Mining Hardware Distributors
13.5 ASIC Bitcoin Mining Hardware Customers
14 ASIC Bitcoin Mining Hardware Market Dynamics
14.1 ASIC Bitcoin Mining Hardware Industry Trends
14.2 ASIC Bitcoin Mining Hardware Market Drivers
14.3 ASIC Bitcoin Mining Hardware Market Challenges
14.4 ASIC Bitcoin Mining Hardware Market Restraints
15 Key Finding in The Global ASIC Bitcoin Mining Hardware Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
BitMain
Canaan
MicroBT
Ebang
AGMH
Bee Computing
Innosilicon
听
听
*If Applicable.
