Hard Drive Enclosures Market Report

Market Insights

What is Hard Drive Enclosures?

A Drive enclosure may be defined as a metal or plastic housing designed to hide and protect a hard drive from damage. Drive enclosures can house single or multiple drives. a tough drive enclosure is employed to accommodate a tough disk externally and add flexibility and storage to any system. The enclosure is connected to the pc via a universal serial bus (USB) or firewire port, thus, making it a plug-and-play device. Winchester drive enclosure provides portability to the inner hard drives. It makes it easier to transfer data to an external drive on most computers and operating systems. supported product type, the disk drive enclosure are often categorized as USB 3.0, USB 2.0, and USB 1.1.

The Hard Drive Enclosures Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of x% during the forecast period.

Figure: Hard Drive Enclosures Market Size, 2020-2026 (USD Million)

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Market Drivers

Hard drive enclosures are being widely used in computers and laptops across geographies. Increasing office workspaces particularly in developing countries have resulted in increased demand for laptops and computers and thus, hard drive enclosures. In addition to this, rising demand for more advanced hard drive enclosures is likely to create lucrative opportunities for the players operating in the global market during the review period.

Covid-19 Impact Analysis

The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of hard drive enclosures declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.

Segments' Analysis

Application Trends

Based on application, the hard drive enclosures market has been divided into windows, vista, and MAC OS X.  The windows application accounted for the largest market share in 2020. The segment growth can be attributed to the widespread use of window computers and laptops.

Regional Trends

By region, the North American hard drive enclosures market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the established presence of the electrical and electronics industry in the region particularly in the US. The market growth in the Asia-Pacific region is expected to grow at the highest CAGR during the review on account of an increasing number of offices coupled with expanding working populace particularly in India, China, and Southeast Asian countries.

Critical Questions Answered in the Report

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global hard drive enclosures market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026. Following are the critical questions answered in the report.

• What are the key trends in the hard drive enclosures market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
• What is the impact of COVID-19 on the hard drive enclosures market?
• What are the key strategies adopted by the major vendors to lead in the hard drive enclosures market?
• What is the market share of the top vendors?

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Key Players

Key players operating in the Hard Drive Enclosures Market are-

• Sabrent (US)
• Samsung (South Korea)
• VANTEC CORPORATION (Japan)
• Toshiba Corporation (Japan)
• Intel Corporation (US)
• Dell (US)
• ASUSTek Computer Inc. (Taiwan)
• Hewlett-Packard Development Company, L.P. (US)
• Lenovo Group Limited (China)
• Kingston Technology Corporation (US)
• Western Digital Corporation (US)
• Seagate Technology Holdings plc (US)
• SanDisk (US)

Target Audience

The target audience of Hard Drive Enclosures Market includes-

• Hard Drive Enclosures Vendors
• Hard Drive Enclosures Manufacturers
• Hard Drive Enclosures Distributors
• Organizations
• Government Bodies.

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