Heat Assisted Magnetic Recording (HAMR) Device Market Size, Share, Opportunities, And Trends By Application (Servers, Laptop, Notebook, Desktop, Others), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615422
- Pages : 148
Heat-assisted magnetic recording (HAMR) devices represent advanced data storage solutions that leverage heat to achieve higher data density on hard disk drives (HDDs). The HAMR device market is primarily concerned with the development, production, and commercialization of these devices. It effectively addresses the escalating demand for enhanced storage capacities and optimized performance in the realm of data storage solutions. Noteworthy end-users of HAMR devices encompass data centers, enterprise storage entities, consumer electronics manufacturers, and cloud storage providers. The market's growth is propelled by several key drivers, including the exponential surge in data generation, the imperative for heightened data density, and the ongoing advancements in storage technology. Prominent entities operating within the HAMR device market include Western Digital Corporation, Seagate Technology, and Toshiba Corporation.
Nevertheless, the market encounters certain challenges, such as the elevated cost associated with intricate manufacturing processes, technical obstacles regarding reliability and durability, and intensifying competition from solid-state drives (SSDs) that offer superior performance and compact form factors. These factors exert influence on the broader adoption of HAMR devices.
The heat-assisted magnetic recording (HAMR) device market is driven by the growing demand for high-capacity storage and the rising use of the Internet of Things (IoT) and big data applications.
The demand for high-capacity storage is rising due to factors such as the explosion of data, cloud computing, data-intensive applications, digital transformation, and the media and entertainment industry. The increasing need to store and manage large amounts of digital content and the growing adoption of data-intensive technologies drive the demand for high-capacity storage solutions. Heat-assisted magnetic recording (HAMR) technology presents opportunities in this market by enabling higher data densities and accommodating larger amounts of data within a smaller physical footprint.
Further, IoT and big data applications contribute to the demand for high-capacity storage. The continuous data generation from IoT devices, the need for data analytics, data security and compliance requirements, predictive maintenance practices, and the growth of edge computing are driving factors. Storage systems capable of handling and storing vast amounts of data for real-time processing, analysis, and secure storage are essential in supporting IoT and big data applications. HAMR technology can address these demands by providing higher data capacities and supporting the storage requirements of IoT and big data applications.
Based on application, the heat-assisted magnetic recording (HAMR) device market is expected to witness positive growth in the servers segment.
The Heat-Assisted Magnetic Recording (HAMR) device market is experiencing substantial growth in the server application segment. The demand for high-capacity storage in servers is increasing due to data center expansion, cloud storage needs, and data-intensive applications. HAMR technology addresses this demand by enabling higher storage densities. HAMR-based devices provide enhanced performance and efficiency, with precise laser heating enabling faster data transfer rates and improved access times. Data security and reliability are crucial in server environments, and HAMR devices incorporate advanced encryption and error correction mechanisms. The competitive market is driving research and development efforts to enhance HAMR technology for server applications. With the continuous growth of data centers and cloud storage needs, the demand for HAMR devices in the server market is expected to rise. HAMR technology is poised to meet evolving storage requirements in server applications and contribute to the overall growth of the HAMR device market.
North America accounted for a significant share of the global heat-assisted magnetic recording (HAMR) device market.
Based on geography, the heat-assisted magnetic recording (HAMR) device market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America is a leading market for Heat-Assisted Magnetic Recording (HAMR) devices due to its established technology companies, data center operators, and cloud service providers. The region's emphasis on digital transformation, big data analytics, and cloud computing drives the demand for high-capacity storage solutions. With advanced IT infrastructure and strong research and development activities, North America fosters the growth and advancement of HAMR technology. Partnerships between HAMR device manufacturers, data center operators, and cloud service providers further accelerate the adoption of HAMR. The region's mature technology landscape and collaboration-driven approach make it a key market for HAMR devices, offering significant opportunities for market players.
Key developments.
- In February 2020, Showa Denko (SDK) developed a new type of high-density (HD) media for next-generation hard disk drives (HDDs) based on Heat Assisted Magnetic Recording (HAMR) technology. SDK aims to quickly launch top-quality media based on innovative technologies like HAMR and contribute to increasing HDD storage capacities. According to the company, the development comes in response to the growing demand for larger storage capacity in data centers due to the expansion of cloud services and video/image-sharing websites.
- In April 2023, Seagate unveiled its hard disk drives incorporating Heat-Assisted Magnetic Recording (HAMR) technology, providing storage capabilities surpassing 30 terabytes. Seagate aims to outpace competitors and revive its revenue by leveraging HAMR technology. Widespread availability is expected in early 2024, with Seagate emphasizing the importance of successfully executing its HAMR-based product strategy for future success.
Key Market Segments
- BY APPLICATION
- Servers
- Laptop
- Notebook
- Desktop
- Others
- BY GEOGRAPHY
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East And Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Taiwan
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. HEAT - ASSISTED MAGNETIC RECORDING (HAMR) DEVICE MARKET, BY APPLICATION
5.1. Introduction
5.2. Servers
5.3. Laptop
5.4. Notebook
5.5. Desktop
5.6. Others
6. HEAT - ASSISTED MAGNETIC RECORDING (HAMR) DEVICE MARKET, BY GEOGRAPHY
6.1. Introduction
6.2. North America
6.2.1. USA
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Others
6.4. Europe
6.4.1. Germany
6.4.2. France
6.4.3. United Kingdom
6.4.4. Spain
6.4.5. Others
6.5. Middle East And Africa
6.5.1. Saudi Arabia
6.5.2. UAE
6.5.3. Israel
6.5.4. Others
6.6. Asia Pacific
6.6.1. China
6.6.2. Japan
6.6.3. India
6.6.4. South Korea
6.6.5. Indonesia
6.6.6. Taiwan
6.6.7. Others
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. COMPANY PROFILES
8.1. Western Digital Corporation
8.2. Toshiba Corporation
8.3. Fujitsu
8.4. Seagate Technology
8.5. TDK Corporation
8.6. Resonac
Western Digital Corporation
Toshiba Corporation
Fujitsu
Seagate Technology
TDK Corporation
Resonac
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