Recordable optical disc market is anticipated to grow at a moderate CAGR of 2.6% during the forecast period (2024-2031). Recordable Optical Discs (RODs) are a common form of electronic data storage medium to store, retrieve, and filter data. It is possible to read and write to them using a low-power laser beam. It is designed to handle read-only, re-recordable, and recordable recording types. They yield more effective results as compared to magnetic tapes and conventional floppy disks.
Market Dynamics
Growing demand for recordable optical disc
The majority of environmental hazards, including magnetic disturbances and others, have no effect on the data on the discs, and their production is also reasonably priced. Consequently, they find use in many contexts such as academic establishments, media and entertainment industries, business, medical fields, and so forth. By creating an electric discharge through a combination of gases that include metal halides at high temperatures and pressures, a metal halide lamp emits both visible and ultraviolet light. According to NIST, DVDs should be kept in areas with temperatures that do not dip and a relative humidity of 20.0% to 50.0%.
A rising advancements in optical disc technology
The market size for recordable optical discs is expanding significantly and is expected to do so over the next several years. Optical discs are most commonly used for digital preservation and music storage, and they are usually kept in specialized casings called jewel cases. The need for data security is becoming more pressing, and government organizations are using recordable optical discs for data recording and storage more frequently. These two factors are major drivers of growth in the worldwide recordable optical disc market. Additionally, it is anticipated that advancements in optical disc technology will spur expansion in the global recordable optical disc market.
Market Segmentation
Our in-depth analysis of the global recordable optical disc market includes the following segments by product type, and storage capacity:
Compact Discis Projected to Emerge as the Largest Segment
A great degree of device interoperability is provided by compact discs. Computers, game consoles, and CD players can all use them. This satisfies consumer preferences for adaptable and trustworthy content storage options. CDs are less expensive to produce than alternative recordable disc formats like DVDs and Blu-ray discs. This element creates appealing choices for producers who want to survive in crowded, cutthroat markets. Compact discs are preferred by consumers due to their long history and built-in credibility. Recordable optical compact disc sales have been aided by this factor.
5GB to 10 GB Sub-segment to Hold a Considerable Market Share
The range of 5 to 10 GB is perfect for users who wish to save high-quality audio and video data, like Blu-ray movies and high-definition music files. These files fit within the budgets of most customers, but they do need a significant quantity of storage space.Recordable discs are useful for backup and archiving, and the 5 GB to 10 GB range is ideal for these uses. Customers wishing to use a single disk within this storage range can also use it as a backup for images, videos, and vital documents. It is therefore a practical and economical choice. Additionally, a large variety of devices are compatible with this range. The market for growth is elevated by these major forces.
Regional Outlook
The globalrecordable optical disc market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific countries to invest in biofuels and biorefineries
Global Recordable Optical Disc Market Growth by Region 2024-2031
North America Holds Major Market Share
The US market has expanded due to the introduction of high-capacity Blu-ray discs and the deployment of improved production technologies. These discs are still preferred by people and organizations for archiving huge amounts of data because of their dependability, mobility, and affordability even in the face of the growth of digital streaming and cloud storage services.
Furthermore, the US market has grown as a result of numerous upcoming innovations, such as the incorporation of optical disc drives into game consoles and the introduction of 4K Ultra HD Blu-ray technology.Falcon Technologies International LLC, Sony Corporation, and Verbatim Corporation are the main companies pushing the recordable optical disc market in the US. These businesses strive to provide archival-quality media that meets the needs of professionals and enthusiasts.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global recordable optical disc market include RITEK Corp., CMC Magnetics Corp., Singulus Technologies, LITE-ON Corp., Falcon Technologies International LLC and Princo Corp. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. CMC Magnetics Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. RITEK Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Singulus Technologies
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Recordable Optical Disc Market by Product Type
4.1.1. Compact Disc
4.1.2. Digital Versatile Disc
4.1.3. Blue Ray Disc
4.1.4. M-Disc Archival
4.2. Global Recordable Optical Disc Market by Storage Capacity
4.2.1. Below 5GB
4.2.2. 5GB to 10 GB
4.2.3. Above 10Gb
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. Disc Makers
6.2. Falcon Technologies International LLC
6.3. Fujifilm Holdings Corp.
6.4. Hitachi Maxwell Ltd.
6.5. LG Electronics Inc.
6.6. LITE-ON Corp.
6.7. Pioneer Corp.
6.8. Primera Technology
6.9. Princo Corp.
6.10. R Image Corp.
6.11. Samsung Electronics Co.
6.12. Sony Corp.
6.13. Taiyu Yuden Co. Ltd.
6.14. Verbatim
6.15. Vinpower Digital
1. GLOBAL RECORDABLE OPTICAL DISCMARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
2. GLOBAL COMPACT DISC INRECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL DIGITAL VERSATILE DISC IN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL BLUE RAY DISC IN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL M-DISC ARCHIVAL IN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY STORAGE CAPACITY, 2023-2031 ($ MILLION)
7. GLOBAL BELOW 5GB RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL 5GB TO 10 GB RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL ABOVE 10GB RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. NORTH AMERICAN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
12. NORTH AMERICAN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
13. NORTH AMERICAN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY STORAGE CAPACITY, 2023-2031 ($ MILLION)
14. EUROPEAN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
15. EUROPEAN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
16. EUROPEAN RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY STORAGE CAPACITY, 2023-2031 ($ MILLION)
17. ASIA-PACIFIC RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
18. ASIA-PACIFICRECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
19. ASIA-PACIFICRECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY STORAGE CAPACITY, 2023-2031 ($ MILLION)
20. REST OF THE WORLD RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
21. REST OF THE WORLD RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
22. REST OF THE WORLD RECORDABLE OPTICAL DISC MARKET RESEARCH AND ANALYSIS BY STORAGE CAPACITY, 2023-2031 ($ MILLION)
1. GLOBAL RECORDABLE OPTICAL DISC MARKET SHARE BY PRODUCT TYPE, 2023 VS 2031 (%)
2. GLOBAL COMPACT DISC IN RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL DIGITAL VERSATILE DISC IN RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL BLUE RAY DISC IN RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL M-DISC ARCHIVAL IN RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL RECORDABLE OPTICAL DISC MARKET SHAREBY STORAGE CAPACITY, 2023 VS 2031 (%)
7. GLOBAL BELOW 5GB RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL 5GB TO 10 GB RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBALABOVE 10GB RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL RECORDABLE OPTICAL DISC MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. US RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
12. CANADA RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
13. UK RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
14. FRANCE RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
15. GERMANY RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
16. ITALY RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
17. SPAIN RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
18. REST OF EUROPE RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
19. INDIA RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
20. CHINA RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
21. JAPAN RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
22. SOUTH KOREA RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
23. REST OF ASIA-PACIFIC RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
24. LATIN AMERICARECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)
25. MIDDLE EAST AND AFRICA RECORDABLE OPTICAL DISCMARKET SIZE, 2023-2031 ($ MILLION)