Turntable Market to Record Steadfast Evolution Through 2021-2028

Market Size – USD 361.6 Million in 2020, Market Growth – at a CAGR of 4.4%, Market Trends – Increasing trend of DJ and emergence of numerous new players

Turntable Market to Record Steadfast Evolution Through 2021-2028

The global turntable market size is expected to reach USD 508.3 million in 2028 at a CAGR of 4.4% during the forecast period, according to the latest report by Emergen Research. Increasing popularity of in-house DJ and EDM, growing number of DJs preferring to rent music equipment, and increasing trend of vinyl records to boost aesthetic appeal are key factors expected to drive market revenue growth over the forecast period. The advent of vintage turntables and reemergence of trend of vinyl records has further boosted demand for turntables and is expected to further boost revenue growth of the market going ahead.  

It highlights the key players in the businesses that account for a considerable market share. The report maps major geographical regions and their placement in the global economy. It predicts the growth of Turntable in the upcoming years. The research segments the market based on product type, applications and end-use. It profiles the key players of the business and discusses investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the industry.  The report gives a competitive analysis by evaluating the market position of the companies. It also examines the upcoming and niche areas in the business. The researcher aims to provide insights into the trends observed in the industry and the sectors that exhibit the most growth prospects.

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The prominent players profiled in the report 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, and 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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For the purpose of this report, Emergen Research has segmented the global turntable market on the basis of type, cartridges, application, and region:  

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 & Bars 
  • Concerts  
  • Others  

Furthermore, the report covers a comprehensive overview of the key regions and market segmentation into types and applications. The regional analysis of the global Turntable market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

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