Stratview Research has recently added a new report titled Blu Ray Drives Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Blu Ray Drives Market.

The years considered in this report to estimate the market size of the market are:

• History Year: 2016-2019

• Forecast Year: 2021 to 2026

The key players covered in this report are –

  • LG Electronics Inc. (South Korea)
  • ASUSTek Computer Inc. (Taiwan)
  • Pioneer Corporation (Japan)
  • Memorex Corp (US)
  • NEC Corporation (Japan)

Market Highlights

The global growth of blu ray drives market size is primarily driven by rising product use in computers and laptops across geographies. Increasing office workspaces particularly in developing countries have resulted in increased demand for laptops and computers and thus, blu ray drives to store a large amount of data. In addition to this, the growing adoption of advanced technologies for recording high definition videos is likely to create lucrative opportunities for the players operating in the global market during the review period.

Segment-wise analysis

Based on application, the blu ray drives market has been divided into personal use and commercial use. The commercial application accounted for the largest market share in 2020. The segment growth can be attributed to the high adoption rate of advanced technologies for storing a large amount of data and high-definition videos.

By region, the North American Blu Ray Drives market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the established presence of the electrical and electronics industry in the region particularly in the US and key market players such as Memorex Corp (US). The market growth in the Asia-Pacific region is expected to grow at the highest CAGR during the review on account of an increasing number of offices coupled with expanding working populace particularly in India, China, and Southeast Asian countries.

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The main steps in the investigation process are:

  • Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
  • The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
  • This report also provides market intelligence and throws light on critical insights into the market dynamics.

The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.

About Stratview Research

Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com