Published on : Jun 27, 2017
Albany, New York, June 27, 2017: Over the years, hard disk drive technology has advanced beyond the expectations of many owners of personal computers throughout the world. It has been analyzed that hard disk drives (HDDs) will continue to lead the overall storage market because of their cost advantage on higher densities and dollars-per-gigabyte pricing. A new study, titled “Global HDD Market with Focus on HDD Glass Substrate: Size, Trends & Forecasts (2017-2021)” has been broadcasted to the wide repository of Market Research Hub (MRH), which evaluates the overall market size and growth for the forecast period of 2017-2021, taking into consideration the earlier growth patterns, the growth drivers and current as well as future trends. Additionally, the report focuses on the penetration of glass substrate in the HDD market.
Initially, the report starts by defining the HDD market overview along with key industry developments and market dynamics. A hard disk drive (HDD) is a mechanism which reads and writes data on a hard disk. It is a largest and main data storage hardware device in a computer. Hard disk drives can be found in desktop computers, Laptops, mobile devices, consumer electronics and enterprise storage arrays in data centers. Magnetic hard disks are the key components of HDD for computers. These magnetic discs are mainly made from aluminum alloys, glass substrates or other ceramic material. Substrates are basically the base material of the platter. As per the research findings, the penetration of glass substrate in the global HDD market is currently in its initial stages, but projections are made that this would rise in the next five years i.e. 2017 to 2021 at a significant growth rate.
This global market study also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry in the coming few years. Major factors contributing to the growth are stable laptop/PCs market, use of hard disk drive in cloud applications, etc. Based on technical demands for higher speed and higher density, it is believed that HDDs mounted with disks using glass substrates of higher rigidity than former aluminum ones will shortly be marketed. Currently, all laptop drives currently use glass platters. Manufacturers have started transitioning from aluminum to glass platters because glass platters have several advantages over aluminum platters.
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Apart from the various growth factors, there are also some challenges which are hindering the growth of the market. Some challenges faced by the industry mentioned in the report are replacement by SSDs, shift to centralized cloud server, etc. In the later part, a brief company profiling of major market players has been provided in the report on the basis of aspects like business overview, financial overview and business strategies adopted by relevant companies. At present, Hoya, Seagate Technology and Western Digital are the leading market players.
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