The Turntable Market study will provide readers, stakeholders, and companies with comprehensive information on market size, revenue growth, and general market dynamics in order to assist them in strengthening their positions in the global Turntable market. Also, it provides thorough information on significant factors, constraints, issues, and market divisions depending on factors like product category, application, and regional bifurcation.
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.
Claim Your FREE Sample Copy with Table of content @ https://www.emergenresearch.com/request-sample/770
Competitive Terrain:
The global Turntable industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
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
To access the full coverage of the global Turntable market report, visit @ https://www.emergenresearch.com/industry-report/turntable-market
Some Key Highlights in the Report:
DJ segment revenue is expected to expand at a significant revenue CAGR over the forecast period attributed to rising popularity of DJ music across the globe, increasing demand for turntables from new and emerging DJs, and growing trend of in-house DJ and live music shows.
Moving magnet segment accounted for largest revenue share in the global market in 2020 and is expected to register significant revenue growth over the forecast period. Moving magnet design is durable, is equipped with a user-replaceable stylus, and delivers moderate to high output level which have increased their adoption in home stereo systems and is expected to contribute to revenue growth of the segment going ahead.
Music composition segment is expected to register considerable revenue growth over the forecast period owing to increasing use of turntables for hip-hop, classical, or EDM music composition.
North America is expected to dominate other regions in terms of revenue over the forecast period attributed to rising popularity and trend of DJ music, presence of large number of music clubs and bars, and increasing number of live shows, music concerts, and music shows in the region.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Turntable market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Turntable market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Turntable market.
To seek a discount on this report, click on the link: @ https://www.emergenresearch.com/request-discount/770
Market Overview:
The report bifurcates the Turntable market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
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 Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global Turntable Market report:
The latest report comprehensively studies the global Turntable market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Request customization of this report @ https://www.emergenresearch.com/request-for-customization/770
Thank you for reading our report. For further details or to inquire about customization, please let us know and we will offer you the report as per your needs.
Latest Turntable Published by Emergen Research:
Medical Grade Hyaluronic Acid Market
https://www.emergenresearch.com/industry-report/medical-grade-hyaluronic-acid-market
Respiratory Care Devices Market
https://www.emergenresearch.com/industry-report/respiratory-care-devices-market
Environmental DNA eDNA Biomonitoring Market
https://www.emergenresearch.com/industry-report/environmental-dna-edna-biomonitoring-market
Connected Mining Market
https://www.emergenresearch.com/industry-report/connected-mining-market
Hyaluronic Acid Market
https://www.emergenresearch.com/industry-report/hyaluronic-acid-market
Clove Bud Essential Oil Market
https://www.emergenresearch.com/industry-report/clove-bud-essential-oil-market
Automated Guided Vehicle Market
https://www.emergenresearch.com/industry-report/automated-guided-vehicle-market
Veterinary Care Market
https://www.emergenresearch.com/industry-report/veterinary-care-market
Fluid Management Systems Market
https://www.emergenresearch.com/industry-report/fluid-management-systems-market
Veterinary Dental Equipment Market
https://www.emergenresearch.com/industry-report/veterinary-dental-equipment-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Latest Report: Millimeter Wave Fifth Generation Market, Surface Acoustic Wave Filters Market
Trending Title: Photoelectric Sensor Market, Medical Display Market
