In this article we look at Nidec projections for HDD spindle motor demand and analyze what this may mean for HDD demand this year and into 2024 and 2025. We also look at a recent announcement by Nyriad of their HDD-based UltraIO-as-a-Service on premise storage offering.
The company’s June 2023 report said that the number of spindle motors shipped in the HDD market decreased by more than 30% in calendar year 2022 from 259M units to 172M units. It projected that HDD unit shipments in 2023 would decrease by about 27% from 2022 to 2023 . See the relevant slide from the June Nidec 2023 report below. Nidec projects slight unit growth in 2024 and 2025, driven by capacity HDDs for servers.
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