Global Magnetic Cartridges Market Growth 2023-2029

Global Magnetic Cartridges Market Growth 2023-2029

A magnetic cartridge, more commonly called a phonograph cartridge or phono cartridge or (colloquially) a pickup, is an electromechanical transducer that is used to play recordson a turntable. There are two types of cartridges, moving magnet (MM) and moving coil (MC), both moving magnet (MM) and moving coil (MC) cartridges are tiny electromagnetic generators, converting the mechanical movement (vibration) created by their stylus riding in a record’s groove into an electrical signal that will be amplified and processed by a sound system for us to enjoy. Both use magnets and coils of wire to generate the signal, with one or the other vibrating in unison with the stylus assembly to which they are attached.
LPI (LP Information)' newest research report, the “Magnetic Cartridges Industry Forecast” looks at past sales and reviews total world Magnetic Cartridges sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Cartridges sales for 2023 through 2029. With Magnetic Cartridges sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Cartridges industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Cartridges landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Cartridges portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnetic Cartridges market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Cartridges and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Cartridges.
The global Magnetic Cartridges market size is projected to grow from US$ 87 million in 2022 to US$ 116.5 million in 2029; it is expected to grow at a CAGR of 116.5 from 2023 to 2029.
At present, advanced magnetic cartridges mainly in the hands of Japanese and European and American companies, and the industry has a strong technology monopoly. Global leading companies include Audio-Technica, Goldring, Nagaoka, Grado Labs, Ortofon, Gemini Sound, Denon, Dynavector, etc. The main sales areas of magnetic cartridges are in Europe and the North America, which together account for about 65% of the global revenue market share. The Asia-Pacific market also plays an important role in driving the development of the global market, thanks to the rapid growth of Japan, China and India in particular. Magnetic cartridges are divided into two type, Moving Magnet (MM) and Moving Coil (MC), which account for less than 60% and 40% respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Cartridges market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Moving Magnet (MM)
Moving Coil (MC)
Segmentation by application
Home Entertainment
Bar and Music Club
Music Production
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Audio-Technica
Goldring
Nagaoka
Grado Labs
Ortofon
Gemini Sound
Denon
Dynavector

Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Cartridges market?
What factors are driving Magnetic Cartridges market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Cartridges market opportunities vary by end market size?
How does Magnetic Cartridges break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.