Hard Disk Drive, Tape & Computer Storage Device Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing computer storage devices that allow the storage and retrieval of data from a phase change, magnetic, optical, or magnetic/optical media. Examples of products made by these establishments are CD-ROM drives, floppy disk drives, hard disk drives, and tape storage and backup units.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Hard Disk Drive, Tape and Computer Storage Device Manufacturing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Hard Disk Drive, Tape & Computer Storage Device Manufacturing companies in the United States.
Hard Disk Drive, Tape & Computer Storage Device Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Hard Disk Drive, Tape & Computer Storage Device Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Hard Disk Drive, Tape & Computer Storage Device Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Hard Disk Drive, Tape & Computer Storage Device Manufacturing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Computer storage device manufacturing | Included |
Computer storage devices (excl. parts/attachments/accessories) |
Parts, attachments, and accessories for computer storage devices |
Computer storage device manufacturing, nsk, total |
Computer storage device mfg., nsk, nonadminstrative-records |
Computer storage device mfg., nsk, adminstrative-records |
Salary information for employees working in the Hard Disk Drive, Tape & Computer Storage Device Manufacturing industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 11% | Included |
| Chief Executives | % |
| General and Operations Managers | 1% |
| Business and Financial Operations Occupations | 12% |
| Business Operations Specialists | 9% |
| Computer and Mathematical Occupations | 34% |
| Computer Occupations | 34% |
| Software Developers and Programmers | 22% |
| Software Developers, Applications | 11% |
| Software Developers, Systems Software | 10% |
| Computer Support Specialists | 5% |
| Architecture and Engineering Occupations | 14% |
| Engineers | 11% |
| Sales and Related Occupations | 5% |
| Office and Administrative Support Occupations | 8% |
| Production Occupations | 11% |
| Assemblers and Fabricators | 7% |
| Electrical, Electronics, and Electromechanical Assemblers | 6% |
| Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers | 6% |
Government Contracts
The federal government spent an annual total of
$131,557,315 on the hard disk drive, tape & computer storage device manufacturing industry. It has awarded 1,860 contracts to 446 companies, with an average value of $294,972 per company.
Top Companies in Hard Disk Drive, Tape & Computer Storage Device Manufacturing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
