Turntables market

Turntables Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Consumer Goods and Services
  • 114 Pages
  • Report code : PMR-6796243

  • 4.7 (158)

Turntables Market

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A turntable is the circular rotating platform of a phonograph (a.k.a. record player, gramophone, turntable, etc.), a device for playing sound recordings. The phonograph is a device invented in 1877 for the mechanical recording and reproduction of sound. In its later forms it is also called a gramophone (as a trademark since 1887, as a generic name since c. 1900). The sound vibration waveforms are recorded as corresponding physical deviations of a spiral groove engraved, etched, incised, or impressed into the surface of a rotating cylinder or disc, called a "record". To recreate the sound, the surface is similarly rotated while a playback stylus traces the groove and is therefore vibrated by it, very faintly reproducing the recorded sound. In early acoustic phonographs, the stylus vibrated a diaphragm which produced sound waves which were coupled to the open air through a flaring horn, or directly to the listener's ears through stethoscope-type earphones. The disc phonograph record was the dominant audio recording format throughout most of the 20th century. From the mid-1980s on, phonograph use on a standard record player declined sharply because of the rise of the cassette tape, compact disc and other digital recording formats. Records are still a favorite format for some audiophiles and DJs. Vinyl records are still used by some DJs and musicians in their concert performances. Musicians continue to release their recordings on vinyl records. The original recordings of musicians are sometimes re-issued on vinyl.

Turntables Market contains market size and forecasts of Turntables in global, including the following market information:

Global Turntables Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Turntables Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Turntables companies in 2021 (%)

The global Turntables market was valued at 427 million in 2021 and is projected to reach US$ 607.6 million by 2028, at a CAGR of 5.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Direct-Drive Turntable Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Turntables include Pro-ject, Crosley, Audio-Technica, Sony, Teac, Denon, Thorens, Panasonic and Rega, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Turntables manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Turntables Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Turntables Market Segment Percentages, by Type, 2021 (%)

Direct-Drive Turntable

Belt-Drive Turntable

Idler-Wheel Turntable

Global Turntables Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Turntables Market Segment Percentages, by Application, 2021 (%)

Home Entertainment

Bar and Music Club

Music Production

Others

Global Turntables Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Turntables Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Turntables revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Turntables revenues share in global market, 2021 (%)

Key companies Turntables sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Turntables sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Pro-ject

Crosley

Audio-Technica

Sony

Teac

Denon

Thorens

Panasonic

Rega

VPI Nomad

JR Transrotor

Stanton

Numark

Music Hall

Ion

Akai

Clearaudio

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