Global Mechanical Hard Disk Market Overview:
A hard disk, hard disk drive, hard drive, or fixed disk is an electro-mechanical data storage device, which uses magnetic storage to store and retrieve digital information using one or more rigid fast rotating disks coated with magnetic material. The platters are paired with magnetic heads, typically arranged on a moving actuator arm that reads and writes data to the platter surfaces. Data is retrieved in a random-access manner, meaning that individual blocks of data can be stored or retrieved in any order. It is a type of non-volatile storage, retaining stored data even when powered off.
- The Increased Popularity of Mechanical Hard Disk Owing to Low Prices
- The Growing Demand for PC’s and Laptops
- Slowly Being Replaced By SSD Storage Devices
- Technological Advancements in Mechanical Hard Disk
- Mechanical Components That Are Vulnerable To Shock, Or High Power Consumption
Some of the key players profiled in the report are Logitech (Switzerland), Toshiba (Japan), Western Digital (United States), Seiko Epson (Japan), Lexmark International, Inc. (United States), Microsoft Corporation (United States), Apple (United States), Dell (United States), IBM (United States) and Seagate Technology LLC (United States). Additionally, following companies can also be profiled that are part of our coverage like Kingston Technology (United States), Sony Computer Entertainment (Japan), Quantum Corporation (United States), LenovoEMC (United States), Buffalo Technology (Japan) and Lacie (United States). Analyst at AdvanceMarketAnalytics see United States and Japanese Players to retain maximum share of Global Mechanical Hard Disk market by 2024. Considering Market by Sales Channel, the sub-segment i.e. OEM will boost the Mechanical Hard Disk market.
On 19 Sept. 2019, Western Digital Corp. announced that it has entered into a definitive agreement to sell its IntelliFlash business to DDN, a global leader in artificial intelligence (AI) and multi-cloud data management. In addition, Western Digital and DDN have agreed to expand their existing partnership through a multi-year strategic sourcing agreement, under which DDN will increase its purchase of Western Digital's HDD and SSD storage devices.
On 7 Jan 2019, Toshiba Electronic Devices & Storage Corporation has announced MG08 Series, the industry’s largest capacity 16TB Conventional Magnetic Recording (CMR) HDD. With 33% more capacity than today’s widely adopted 12TB drives, and 14% more capacity than prior 14TB models, MG08 16TB drives are compatible with the widest range of applications and operating systems, and adapted to mixed random and sequential read and write workloads in both cloud and traditional datacenter environments.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mechanical Hard Disk market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mechanical Hard Disk market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mechanical Hard Disk Manufacturers, Mechanical Hard Disk Traders/Distributors, Mechanical Hard Disk Importer/Exporter, Regulatory & Government Bodies, Potential Technology Investors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.