Magnetic Tape Market - Global Drivers, Restraints, Opportunities, Trends, & Forecast up to 2022

  • ID: 4456386
  • Report
  • Region: Global
  • 118 Pages
  • Infoholic Research LLP
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The Global Magnetic Tape Market is Expected to Grow at a CAGR of 7.6% During the Forecast Period 2016-2022 to Reach $6.5 Billion By 2022.

FEATURED COMPANIES

  • 3M
  • Ampex Electronics
  • ECI Telecom Ltd.
  • General Electric (GE)
  • Hitachi Metals Ltd.,
  • Koninklijke Philips N.V.
  • MORE

Magnetic tape is a material that is mainly used for storing of data. This technology created a revolution in data storage, broadcasting, and recording markets. The primary and the most common need for this material is data storage along with various other uses such as in packaging solutions and consumer appliances.

Magnetic tape is a medium for magnetic recording, which is made of a thin, magnetizable coating on a long, narrow strip of plastic film, developed in Germany in 1928, based on magnetic wire recording. It was a key technology in early computer development, allowing unparalleled amounts of data to be mechanically created, stored for extended periods, and easily accessible.

The increasing concern toward data theft and loss in the enterprises is a promising growth potential for the magnetic tape market, and it has the maximum demand. The market has an advantage of bigger share coming from the US and European countries for the advanced technology. This gives North America a lead in the global magnetic tape market. Apart from this, European countries are also developing high demand, following North America, owing to the higher consumer acceptance and high demand from the financial and packaging units. The presence of high-end electronics market and high consumer spending in North America and Europe are increasing the market of magnetic tape as well. Asia Pacific followed Europe and accounts for the third largest market for magnetic tape with heavy industrialization and the presence of big Chinese market.

Within various end-user areas, data storage is highly dominating the market in overall magnetic tape across regions owing to the high adoption rate and ease of application. Other than data storage, the packaging & labeling solutions is also increasing its market during the forecast period due to increasing investments and R&D innovations along with government interventions.

The study of the global magnetic tape market provides market size information and market trends along with the factors and parameters impacting the market in both short- and long-term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists in understanding the companies better and take informed decisions.

The global magnetic tape market is expected to grow at a CAGR of 7.6% during the forecast period 2016-2022 to reach $6.5 billion by 2022. The synthetic rubber and PVC-based magnetic tapes are expected to remain as materials covering almost the complete market with significant drive coming from developing economies as well. Some of the key players in the magnetic tape market are 3M, Toshiba Corporation, TDK Corporation, Hitachi Metals Ltd., etc.

Report Scope:

  • Base Materials
    • Synthetic Rubber
    • PVC
    • Others
  • End-users
    • Data Storage
    • Packaging & Labeling
    • Consumer Appliances
    • Others
  • Regions
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World
  • Industry outlook: Market trends, drivers, restraints, and opportunities
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Ampex Electronics
  • ECI Telecom Ltd.
  • General Electric (GE)
  • Hitachi Metals Ltd.,
  • Koninklijke Philips N.V.
  • MORE

1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-house Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declaration
1.6 Report Assumptions
1.7 Stakeholders

2 Executive Summary
2.1 Innovations and Enterprise Data Storage Demand to Strengthen US Market Share
2.2 Growing Advance Packaging Solutions and Improving Production Capabilities Boosting Magnetic Tape Consumption

3 Market Positioning
3.1 Total Addressable Market (TAM): Flexible Magnet
3.1.1 Market Overview
3.1.2 Major Trends
3.2 Segmented Addressable Market
3.3 Related Markets

4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis

5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing requirement and low investment allowing the vendors to easily enter into the market
5.2.1.2 Innovations and adaptation in the data storage and bio-compatible products expanding the potential opportunities
5.2.2 Restraints
5.2.2.1 Variations in the prices of raw material along with political uncertainties in various regions
5.2.2.2 Increasing and broad market of alternative products
5.2.3 sOpportunities
5.2.3.1 Increasing demand in the end-user industries
5.2.3.2 Large untapped market in developing and underdeveloped countries
5.3 DRO - Impact Analysis

6 Base Material: Market Size and Analysis
6.1 Overview
6.2 Synthetic Rubber
6.3 PVC
6.4 Vendors Profiles
6.4.1 3M
6.4.1.1 Overview
6.4.1.2 Business units
6.4.1.3 Geographic revenue
6.4.1.4 Product profile
6.4.1.5 Recent Development
6.4.1.6 SWOT analysis
6.4.1.7 Business strategies
6.4.2 Toshiba Corporation
6.4.2.1 Overview
6.4.2.2 Business units
6.4.2.3 Geographic revenue
6.4.2.4 Product profile
6.4.2.5 Recent developments
6.4.2.6 Business focus
6.4.2.7 SWOT analysis
6.4.2.8 Business strategies
6.4.3 TDK Corporation
6.4.3.1 Overview
6.4.3.2 Business units
6.4.3.3 Geographic revenue
6.4.3.4 Product profile
6.4.3.5 Recent developments
6.4.3.6 Business focus
6.4.3.7 SWOT analysis
6.4.3.8 Business strategies
6.4.4 Hitachi Metals Ltd.,
6.4.4.1 Overview
6.4.4.2 Business units
6.4.4.3 Geographic revenue
6.4.4.4 Product profile
6.4.4.5 Recent developments
6.4.4.6 Business focus
6.4.4.7 SWOT analysis
6.4.4.8 Business strategies
6.4.5 Ampex Electronics
6.4.5.1 Overview
6.4.5.2 Business units
6.4.5.3 Geographic revenue
6.4.5.4 Product profile
6.4.5.5 Recent developments
6.4.5.6 Business focus
6.4.5.7 SWOT analysis
6.4.5.8 Business strategies
6.4.6 Sanbros Engineering Works
6.4.6.1 Overview
6.4.6.2 Business units
6.4.6.3 Geographic revenue
6.4.6.4 Business Segments
6.4.6.5 Recent developments
6.4.6.6 Business focus
6.4.6.7 SWOT analysis
6.4.6.8 Business strategies

7 End-users: Market Size and Analysis
7.1 Overview
7.2 Data Storage
7.3 Packaging & Labelling
7.4 Consumer Appliances
7.5 Customers Profiles
7.5.1 Toyota Motor Corporation
7.5.1.1 Overview
7.5.1.2 Business units
7.5.1.3 Geographic revenue
7.5.1.4 Business segments
7.5.1.5 SWOT analysis
7.5.1.6 Business strategies
7.5.2 General Electric (GE)
7.5.2.1 Overview
7.5.2.2 Business units
7.5.2.3 Geographic revenue
7.5.2.4 Business segments
7.5.2.5 SWOT analysis
7.5.2.6 Business strategies
7.5.3 ECI Telecom Ltd.
7.5.3.1 Overview
7.5.3.2 Business units
7.5.3.3 Geographic revenue
7.5.3.4 Business segments
7.5.3.5 SWOT analysis
7.5.3.6 Business strategies
7.5.4 Koninklijke Philips N.V.
7.5.4.1 Overview
7.5.4.2 Business units
7.5.4.3 Geographic revenue
7.5.4.4 Business segments
7.5.4.5 SWOT analysis
7.5.4.6 Business strategies
7.5.5 International Business Machines (IBM)
7.5.5.1 Overview
7.5.5.2 Business units
7.5.5.3 Geographic revenue
7.5.5.4 Business segments
7.5.5.5 SWOT analysis
7.5.5.6 Business strategies

8 Regions: Market Size and Analysis
8.1 Overview
8.2 North America
8.2.1 North America Market, By Countries
8.2.2 North America Market, By Base Materials
8.2.3 North America Market, By End-users
8.3 Europe
8.3.1 Europe Market, By Countries
8.3.2 Europe Market, By Base Materials
8.3.3 Europe Market, By End-users
8.4 Asia Pacific
8.4.1 Asia Pacific Market, By Countries
8.4.2 Asia Pacific Market, By Base Materials
8.4.3 Asia Pacific Market, By End-users
8.5 Rest of the World
8.5.1 Rest of the World, By Regions
8.5.2 Rest of the World Market, By Base materials
8.5.3 Rest of the World Market, By End-users

9 Companies to Watch for
9.1 Hitachi Maxell develops magnetic tape cartridge with 50TB capacity
9.2 IBM makes tape competitive for cloud storage

10 Competitive Landscape
10.1 Competitor Comparison Analysis
10.2 Market Landscape
10.2.1 Mergers, Acquisitions & Joint Ventures
10.2.2 Expansion
10.2.3 Exhibition & Product Launch
10.2.4 Divestment & Divestiture
10.2.5 Awards & Recognition

11 Expert’s Views

Annexure
Abbreviations

Note: Product cover images may vary from those shown
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  • 3M
  • Ampex Electronics
  • ECI Telecom Ltd.
  • General Electric (GE)
  • Hitachi Metals Ltd.,
  • International Business Machines (IBM)
  • Koninklijke Philips N.V.
  • Sanbros Engineering Works
  • TDK Corporation
  • Toshiba Corporation
  • Toyota Motor Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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