Storage Unit Market

Storage unit market: download new statistics enhanced by an Ai-driven BI platform. Facts and figures cover consumption, exports, production, market size, companies, trade, market prices, and imports. There is a split by country, including the U.S., the Middle East, the U.K., China, EU, Latin America, Russia, and Africa. Market trends and forecast to 2030 are also featured in the snapshots.

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Storage Unit - World's Largest Markets

In value terms, China, the United States and Paraguay constituted the countries with the highest levels of market value in 2020, together accounting for 38% of the global market.

The United States saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while storage unit market for the other global leaders experienced a decline in the market figures.

Storage Unit Prices

Storage Unit - Top Importers

In value terms, China ($21.2B) constitutes the largest market for imported storage units worldwide, comprising 28% of global imports. The second position in the ranking was occupied by Hong Kong SAR ($6.4B), with a 8.6% share of global imports.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +41.5%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-10.0% per year) and Paraguay (-46.0% per year).

Storage Unit - Top Exporters

In value terms, the largest storage unit supplying countries worldwide were China ($17.3B), Thailand ($11.1B) and Hong Kong SAR ($6.9B), together comprising 50% of global exports. The United States, South Korea, the Netherlands, the Philippines, Germany, Singapore, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 33%.

In terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Storage Unit - Market Forecast

Depressed by shrinking demand for storage unit worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Storage Unit - Top Companies

EMC Corporation, Western Digital Corporation, EMC International Holdings, Inc., Seagate Technology (us) Holdings, Inc., Seagate Technology LLC, Netapp, Inc., Western Digital Technologies, Inc., HEWLETT PACKARD ENTERPRISE SINGAPORE PTE. LTD., Tsinghua Tongfang Co.,Ltd., SEAGATE TECHNOLOGY (THAILAND) LIMITED, HGST (THAILAND) LIMITED, INTEL PRODUCTS (M) SDN. BHD., HGST SINGAPORE PTE. LTD., Hitachi Vantara Corporation, Sandisk LLC, SEAGATE TECHNOLOGY INTERNATIONAL, Pure Storage, Inc., FUHONG PRECISION COMPONENT(BAC GIANG) LIMITED, Hgst, Inc., HGST PHILIPPINES CORP.

Storage Unit - Product Coverage

• HS 847170 - Units of automatic data processing machines; storage units

Source: IndexBox Market Intelligence Platform