Global Hard Disk Drive Market By Type (Solid State Drives, Mechanical Hard Disk, Hybrid Hard Disk), By Application (Personal Use, Commercial Use, Government, Others), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029 (Includes Business Impact of COVID-19)

  • TBI670035
  • September 16, 2021
  • Global
  • 145 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Hard Disk Drive Market By Type (Solid State Drives, Mechanical Hard Disk, Hybrid Hard Disk), By Application (Personal Use, Commercial Use, Government, Others), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029 (Includes Business Impact of COVID-19)

Trusted Business Insights has published a comprehensive market research report on, Global Hard Disk Drive Market by Type (SSD (Solid State Drives), HDD (Mechanical Hard Disk), HHD (Hybrid Hard Disk)), By Application (Personal Use, Commercial Use, Government, Others), and by Country -Global Forecast to 2030, which offers a holistic view of the global hard disk drive market through systematic segmentation that covers every aspect of the target market. The global hard disk drive market is projected to be US$ 61,688.1 Mn in 2020 to reach US$ 102,729.1 Mn by 2030 at a CAGR of 5.3%. A hard disk drive also called hard drive is an electromechanical data storage device which uses magnetic storage to store and recover digital data using one or more rigid rotating disks coated with magnetic material. The hard disk drive was first introduced by IBM in 1953 as a component of the IBM 305 RAMAC system. The size of the first hard disk drive was equal to a large refrigerator that could store 3.75 megabytes of data. The shipping of hard disk was started in 1956, and it was commercialized in 1957. The hard disk size form factor has continued to reduce due to technology advancement. Now the storage capacity of hard disk drive has increased to terabytes. Each generation of hard disk drive replaced by smaller size and larger storage capacity. Earlier it was useful only in the protected environment of the data center, but now it has reached to factories, homes, offices, ultimately become universal. Internet protocol traffic in public clouds data centers is expected to nearly triple in near future which is expected to rise the demand for data storage device thus the hard disk drive market is projected to gain significant market growth in coming years. Moreover, increasing adaptation in cloud storage and other enterprise applications, driving the growth of the hard disk drive market. Beside, steadiness in the laptop market is one of the factors behind the increase in sale and shipment of the hard disk drive market.

Global Hard Disk Drive Market Revenue (US$ Mn), 2019“2029

However, the mobile phone has replaced all other devices. One mobile is providing various facilities such as a camera, computer, telephone, and many others. The mobile phone is also replacing personal computers. Decreasing demand for personal computer is creating a negative impact on the hard disk drive market growth. Moreover, in the field of information storage, NAND flash has emerged as the leading choice for enterprise storage. Various small devices such as MP3 players, digital cameras, and USB flash drives use NAND technology. This is expected to create new opportunities for storage device market Global hard disk drive market is segmented based on Type, Application, and Country. Based on type, the market is segmented into SSD (Solid State Drives), HDD (Mechanical Hard Disk), and HHD (Hybrid Hard Disk). The HDD (Mechanical Hard Disk) segment accounts for the highest market share and is expected to register highest growth over forecast period. On the basis of Application, the market is segmented into personal use, commercial use, government, and others. The commercial use segment accounts for a majority share in the global hard disk drive market.

Global Hard Disk Drive Market by Type, 2019

On the basis of the country, the market is segmented into USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, and RoW. China accounts for the majority share in the global hard disk drive market. Rising demand for HDDs, coupled with increasing digitalization are factors driving market growth. India is followed by USA owing to extensive use of social media, and e-commerce, etc. Countrys such as Europe, South America, and RoW are expected to register stable growth over the forecast period. The research report on the global hard disk drive market includes profiles of some of the major companies such as Samsung Electronics Co., Ltd., Intel Corporation, Toshiba Corporation, Western Digital Corp, Seagate Technology PLC, Micron Technology, Kingston Technology Company, Inc., Lite-On Technology, Inc., Buffalo Americas, Inc., and others.

Below are the active patents related to Hard Disk Drive Market.

Patent Number: US7783802B1 Serial advanced technology attachment (SATA) switch that toggles with power control to hard disk drive while avolding interruption to system Abstract An embodiment of the present invention includes a switch employed in a system having two hosts and a device and for coupling two or more host ports to a device. The switch includes a power signal control circuit generating a power signal for use by the device in receiving power for operability thereto, the power signal control circuit responsive to detection of inoperability of the device and in response thereto, toggling the power signal to the device while avoiding interruption to the system. Application File Date: 2005-07-21 Application Granted Date: 2010-08-24 Current Assignee: Avago Technologies International Sales Pte Ltd Patent Number: US6938104B2 Removable hard drive assembly, computer with a removable hard disk drive, method of initializing and operating a removable hard drive Abstract A hard disk drive is rendered removable by modifying its ID buffer to indicate to the host computer that the hard drive is a removable media device. A drive assembly is mounted in a drive bay of the host computer and permanently connected to the assembly. A hard drive is mounted in a removable cartridge that is dimensioned for insertion into the drive assembly. The drive assembly reads the hard drive ID buffer, modifies the buffer and stores the same. Upon request from the host computer, the modified buffer is presented. Application File Date: 2003-08-12 Application Granted Date: 2005-08-30 Current Assignee: Longhorn Hd LLC, Arco Computer Products LLC Patent Number: US7681007B2 Automatic expansion of hard disk drive capacity in a storage device Abstract At least a method and system of automatically expanding storage capacity in a data storage device are presented. In one method, the data storage device receives additional hard disk drives. Next, the data storage device receives an expansion option from a user by way of a user interface. The data storage device allocates one or more portions of one or more hard disk drives within the storage device, for use by one or more data pools, based on the expansion option. In one system for automatically expanding storage capacity in a data storage device, the system comprises a memory, one or more processors, and one or more software. One or more data pools are generated using one or more hard disk drives added to the data storage device. Application File Date: 2005-04-15 Application Granted Date: 2010-03-16 Current Assignee: Avago Technologies International Sales Pte Ltd

Key Market Segments

By Type
  • SSD (Solid State Drives)
  • HDD (Mechanical Hard Disk)
  • HHD (Hybrid Hard Disk)
By Application
  • Personal Use
  • Commercial Use
  • Government And Others

Key Market Players included in the report:

  • ADATA Technology Co. Ltd.
  • Buffalo Americas Inc.
  • Eaget
  • Hewlett Packard Enterprise Development LP
  • HGST
  • IBM
  • Intel Corporation
  • Kingston Technology Company Inc.
  • Lenovo
  • Lite-On Technology Inc.
  • Marvell
  • Maxtor
  • Micron Technology Inc.
  • NETAC TECHOLOGY
  • Samsung Electronics Co.Ltd.
  • Seagate Technology PLC
  • TDK
  • Toshiba Corporation
  • Transcend Information Inc.
  • Western Digital Corporation

Below are the key development related to Hard Disk Drive Market in 2020 and 2021.

July 2021: Cheung Woh Technologies privatisation offer closes with 97.1% valid acceptances. THE voluntary unconditional cash offer for Cheung Woh Technologies has closed with valid acceptances representing 97.1 per cent of the total number of shares, the high-precision engineering product manufacturer said in a bourse filing. Source June 2021: New Seagate Exos storage uses self-healing drive technology. Seagates Exos Corvault petabyte-scale storage array introduces self-healing HDD capabilities to ease maintenance and adds erasure coding to protect data at lower overhead. Solid-state devices may command most of the headlines in enterprise storage drive technology, but Seagate Technology continues to come up with new capabilities for age-old spinning disks. The Seagate Exos Corvault petabyte-scale block storage array, due to ship in July, adds autonomous drive regeneration (ADR) technology that the company claims can bring most failing hard disks back into service without a manual drive swap. The ADR-based system can reconfigure the hard disk drive (HDD) to bypass the errant components. Source June 2021: Proof-of-space cryptocurrency Chia triggers HDD sales boom in Europe. The launch of the cryptocurrency Chia has caused demand for hard disk drives in the European market to blow up, according to research firm Context. Figures for April released by the analyst show just under 200,000 enterprise-grade nearline storage drives of 10TB capacity and above were sold to end users across the region, representing 240 per cent growth compared with the same month in 2020. Meanwhile, NAS consumer-grade HDDs saw around 250,000 units sold, a year-on-year increase of 167 per cent. Source

Chapter 1 Global Hard Disk Drive Market Overview

1.1 Introduction
1.2 Taxonomy
1.3 Drivers for Global Hard Disk Drive Market
1.4 Restraints for Global Hard Disk Drive Market
1.5 Opportunities for Global Hard Disk Drive Market
1.6 Trends for Global Hard Disk Drive Market
1.8 PEST Analysis
1.9 PORTER'S Five Forces Analysis
1.1 Macro-Economic Factors
1.11 Opportunity Orbits
1.12 Opportunity Map Analysis
1.12.1 Optimistic Scenario
1.12.2 Likely Scenario
1.12.3 Conservative Scenario
1.13 Country Market Share and BPS Analysis of Hard Disk Drive Market
1.14 Industry Chain Analysis
1.15 Market Invest
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