Data Storage Media Materials Market – Drivers, Opportunities, Trends, & Forecasts up to 2022
- August, 2018
- Domain: Chemicals, Materials & Food - Specialty Chemicals
- Get Free 10% Customization in this Report
Electronic data storage devices have come a long way since the development of Williams–Kilburn cathode ray tube tested in 1947. Today, high storage devices available in the market can easily fit into our pockets. The technology of electronic data storage has grown exponentially with the introduction of new materials and improvisation of mechanisms. Every data storage technology commercially available today, uses different materials and have different benefits over other, which can be data storage capacity, processing speed, working supplement requirements or device volume among many others.
This study is aimed at understanding of global data storage media materials market with an in-depth analysis of market size information and market trends along with the factors and parameters impacting it in both short and long term. The study also understands and covers the competitive scenario of the market with respect to major players with their branding strategies and differentiating factors among others. The study also covers supply and regulatory aspects to ensure a 360° view, bringing out the complete key insights of the industry.
Technological development of data storage media devices has led to decrease in prices of solid state drives (SSD) along with increasing efficiency of devices. On the other hand, hard disk drives (HDD) have failed to keep up with competition resulting loss of market share to SSDs. This in turn has resulted in slower growth in magnetic materials demand for data storage media. This trend is expected to continue wherein the SSD market is expecting double digit revenue growth during the next 5 years whereas HDD is witnessing shipment decline in the last two quarters. Some of the prominent players in the global data storage media materials market are Hitachi Metals, International Magnaproducts, Inc., Master Magnetics Inc., Innovex Inc. and LG Chem.
- Substrate Materials
- Magnetic Alloys
- Other Materials
- Component Type
- Memory Devices
- Hard Disk Drives (HDD)
- Solid State Drives (SSD)
- Optical Media
- Asia Pacific
- North America
- Rest of the World
- Industry outlook: market trends and drivers, restraints, and opportunities
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
Market related information is congregated from both primary and secondary sources.
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.