Turntable Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles

Turntable Market By Type (Belt Drive, Direct Drive, Idler Wheel, DJ), By Cartridges (Moving Magnet, Moving Coil)

Turntable Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles

The global turntable market size reached USD 361.6 Million in 2020 and is expected to register a CAGR of 4.4% during the forecast period. The trend and popularity of having a DJ in the house playing live music is expected to continue to drive global turntable market revenue growth. Electronic Dance Music (EDM) has been around for a while, but has been gaining traction among a steadily and massively increasing fan base. In addition, the trend has been gaining traction among an increasing number of newer individuals and DJs, and many among these are in their teens. Ability to purchase turntables is based on capacity to spend and a number of DJs prefer to rent equipment for shows, either live shows, recordings for events, or for music vlogs. Turntables have also evolved considerably since the advent of the record player. Availability of high-quality beats and samples and rising fan following of EDM genre among young musicians are other factors supporting market growth. Various unknown musicians have risen and launched their careers in this genre. This clearly indicates that EDM is no longer considered underground or a fad, but has entered the mainstream, which is expected to continue to increase demand for turntables.

Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Turntable industry are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.

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Key Players operating in the industry are:

Sound United, LLC, inMusic Inc., Clear Audio Electronic GmbH, Panasonic Corporation, Thorens, Pro-Ject Audio Systems, Audio-Technica Corporation, TEAC Corporation, Sony Group Corporation, Crosley Radio

Radical Features of the Turntable Market Report:

  • The report encompasses Turntable market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Turntable industry

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Global Turntable Market Segmentation based on Product Types and Application Spectrum:

  • Type Outlook (Revenue, USD Million; 2018–2028)

    • Belt Drive
    • Direct Drive
    • Idler Wheel
    • DJ
  • Cartridges Outlook (Revenue, USD Million; 2018–2028)

    • Moving Magnet
    • Moving Coil
  • Application Outlook (Revenue, USD Million; 2018–2028)

    • Residential 
    • Music Composition
    • Music Clubs and Bars
    • Concerts
    • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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