Magnetic & Optical Media Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 3/11/2024
SIC Codes: 3695
NAICS Codes: 334613
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Magnetic & Optical Media Manufacturing Industry Profile

Companies in this industry manufacture optical discs, hard drive disks, and magnetic tape storage. Major companies include CMC Magnetics and RITEK (both based in Taiwan); and FUJIFILM, Maxell, Resonac, and Sony (all based in Japan).

The global magnetic and optical media industry is dominated by Asian manufacturers. Media manufacturers are targeting Africa, the Middle East, South America, Eastern Europe, and emerging markets in Asia for growth.

The US magnetic and optical media manufacturing industry includes about 60 firms with combined annual revenue of about $380 million.

COMPETITIVE LANDSCAPE

Demand for magnetic and optical media is driven by ever-expanding data storage needs of businesses and consumers. However, demand for particular storage formats can decline rapidly as new technologies are developed. The profitability of individual companies depends on manufacturing efficiency, rapid technological advancements, effective marketing, and efficient distribution. Large companies enjoy economies of scale in manufacturing and distribution. Small companies can compete effectively by developing new products. The US industry is highly concentrated; the top 4 companies account for over 85% of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include magnetic recording media and parts (95%). Other products include optical disks, blank CDs, DVDs, and other recordable media as well.

Common optical disc formats include compact discs (CDs), recordable compact discs (CD-Rs), rewritable compact discs (CD-RWs), digital versatile discs (DVD), recordable digital versatile discs (DVD-Rs), rewritable digital versatile discs (DVD-RWs), Blu-ray, and Blu-ray recordable (BD-R). Optical discs are made from polycarbonate ...

 
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