Increasing Investments, Adoption of Cleaner Fuels and Government Initiatives Propelling the Growth of United States Fuel Cell Market

North American region is the second largest revenue generating region in global fuel cell market after Asia-Pacific. The growth of North American region is primarily dependent on the growing demand for fuel cells in the United States. United States accounted for more than 60% of North American Fuel cell market. Companies such as Fuel Cell Energy, Ballard and Plug Power are contributing majorly for the growth of fuel cells market in United Sates.

According to 6Wresearch, United States Fuel cell market is projected to reach $1.42 billion by 2019. Proton Exchange Membrane Fuel Cell (PEMFC) technology occupies lion’s share in the overall market due to its ease of usage, cost efficiency and higher back up power. Though, PEMFC market is anticipated to remain dominant during 2014-19, but higher growth rates are expected from other fuel cell technology markets such as Molten Carbonate Fuel Cell (MCFC) and Direct Methanol Fuel Cell (DMFC).

The market for fuel cell is still in introductory and development stage as high cost of fuel cell technology has become a major challenge for its market penetration. However, in the coming years, market players such as Fuel Cell Energy and Hydrogenics are expected to come up with cost efficient fuel cells, with their extensive R&D investments, which would spur United States fuel cell market.

Increasing government initiatives, increasing investments and ease in trading policies have contributed for the growth of fuel cell technologies in the country. For instance, in 2013, investments in Fuel cell companies in United States accumulated to $552.3 million.

In United States Fuel cell market, portable application has accounted for major share for market revenues. In the forecast period, growth of fuel cells utility vehicles is expected to boost market. DMFC and PMFC based fuel cells would be immensely used in the utility vehicles, subsequently driving the demand for fuel cells in United States market. Additionally, the consumption of fuel cell can also be witnessed in various micro power and residential projects, which is further likely to propel the growth of fuel cell market in United States.

The report, “United States Fuel Cell Market (2014-2019)” estimates and forecasts overall United States Fuel Cell market by revenue & volume, segments the market into PEMFC, MCFC, PAFC, SOFC and DMFC by revenue, volume & application, and regions. The report also gives the insights on competitive landscape, latest market trends, drivers, restraints and opportunities.

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India External Hard Disk Market, Annual Tracker

Increasing usage of computer applications across various sectors such as Information Technology, Education and Public Sector undertakings along with the growing demand for portable storage backup have fuelled the growth of India External Hard Disk (HDD) market. Seagate continues to be the market leader.

According to 6Wresearch, India External Hard Disk market shipments have crossed 1.6 million units for the year ending June 2014. Seagate led the market followed by Western Digital (WD). Top five players include Seagate, WD, Sony, Toshiba, Transcend and Adata. The market is consistently witnessing a shift in demand towards larger storage devices as compare to the traditionally Gigabyte External HDD. 

   Key features of the report:

1. Total External Hard Disk shipment in India
2. Market share by various players in various segments and specifications
3. Shipments by market players
4. Model wise shipments by each company
5. Price of each model
6. Specifications covering
    6.1 Company
    6.2 Data Transfer Rate (Maximum)
    6.3 Drive Capacity
    6.4 Drive Connectivity Type
    6.5 Model No.
    6.6 Usb 2.0
    6.7 Usb 3.0

TABLE OF CONTENTS
1. India External Hard Disk Market
2. External Hard Disk by Price
3. External Hard Disk Market By Specifications
    3.1 Company
    3.2 Data Transfer Rate (Maximum)
    3.3 Drive Capacity
    3.4 Drive Connectivity Type
    3.5 Model No.
    3.6 Usb 2.0
    3.7 Usb 3.0
4. Market Share Of the Companies:
    4.1 Overall Market Share
    4.2 Market share By Specifications
5. Companies Covered in this dataset (Partial List)
    5.1 Seagate
    5.2 Western Digital
    5.3 Sony
    5.4 Toshiba
    5.5 Transcend
    5.6 Adata
     5.7 Lacie
    5.8 Buffalo
    5.9 Hitachi
6. Series Covered in this excel sheet: Annual (ending June 2014)
    6.1 External Hard Disk unit shipments by players
    6.2 Type of External Hard Disk
    6.3 Model wise unit shipments
    6.4 Price band
    6.5 Specifications

Summary

6Wresearch publishes monthly/quarterly/annual shipments data of External Hard Disk market in India. The publication would enable the player to enter or devise strategies to expand its presence in India External Hard Disk market by monitoring the shipments data by various types and specifications on a regular basis. This would also allow Companies to track their competitor's performance on a periodical basis.

India External Hard Disk market shipments have crossed 1.6 million units, for the year ending June 2014. Seagate continues to dominate the market - 6Wresearch

Increasing usage of computer applications across various sectors such as Information Technology, Education and Public Sector undertakings along with the growing demand for portable storage backup have fuelled the growth of India External Hard Disk (HDD) market. Seagate continues to be the market leader.

According to 6Wresearch, India External Hard Disk market shipments have crossed 1.6 million units for the year ending June 2014. Seagate led the market followed by Western Digital (WD). Top five players include Seagate, WD, Sony, Toshiba, Transcend and Adata. The market is consistently witnessing a shift in demand towards larger storage devices as compare to the traditionally Gigabyte External HDD.

According to Anuj Mehrotra (Research Analyst, 6wresearch India Electronics Division)“India External Hard Disk market has witnessed a continuous migration towards portable and faster systems which has led manufacturers diversifying their product portfolio to focus more on mobility, speed and capacity of external hard disk.

He also opined that the market has been a witnessing a continuous increases on Q-on-Q basis despite the dipping market of personal computers. Along with the extra data need with the relatively lesser price, the consumers are also demanding appeal and style in the system which has been well corroborated by the recent introduction of slim and ultra slim hard disk. In the days to come, we will see hard drives will grow more bigger and cheaper in order to satisfy the hungry consumers who want to save their precious data at little extra price

India External hard Disk Market By Drive Capacity

         Source: 6wresearch External Hard Disk Market Annual Tracker


     Key Highlights

1. Seagate and Western Digital together controls ~80% market share
2. In the connectivity segment, USB 3.0 captured major chunk of the market
3. As many as six vendors shipped above 10,000 units

Price reduction as well as growing demand for rewritable storage has resulted in a substantial increase in demand for 1TB External Hard Disks. 1TB External HDD captured more than 73% share of the Indian External HDD market followed by HDD with 500 GB drive capacity.

The Indian External HDD market witnessed significant growth over the past few quarters. The surge in demand is primarily fuelled by increasing use of applications such as video editing, gaming, movies and software. The market would be further driven by wide acceptance of SSD (Solid State Drives)

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For Further details, please contact:
sales@6wresearch.com
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