Global Turntables Market Growth 2024-2030
Turntables (also called vinyl record players and record players) are an undeniable part of Hi-Fi history and music culture. have exploded in popularity recently as many people find their way back to vinyl for its beautiful detail, sound quality and general nostalgic feel.
The global Turntables market size is projected to grow from US$ 375 million in 2024 to US$ 525 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Turntables Industry Forecast” looks at past sales and reviews total world Turntables sales in 2023, providing a comprehensive analysis by region and market sector of projected Turntables sales for 2024 through 2030. With Turntables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Turntables industry.
This Insight Report provides a comprehensive analysis of the global Turntables 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 Turntables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Turntables market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Turntables 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 Turntables.
Global key players of Turntables include Pro-Ject, Victrola, Pioneer DJ, etc. The top three players hold a share over 45%. North America is the largest market, with a share about 46%, followed by Europe, with a share of 41%. In terms of product type, Belt-drive is the largest segment, occupied for a share of 48%. In terms of application, Commercial is the largest, which has a share about 75 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Turntables market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Direct-drive
Belt-drive
Others
Segmentation by Application:
Commercial
Household
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 analysing the company's coverage, product portfolio, its market penetration.
Pro-Ject
Victrola
Pioneer DJ
Panasonic
Crosley
Sony
Teac
Audio-Technica
Rega
LINN
inMusic
Marantz
Mclntosh
AMG (Analog Manufaktur Germany)
Thorens
Acoustic Signature
Denon
Transrotor
Clearaudio
Music Hall
VPI Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Turntables market?
What factors are driving Turntables market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Turntables market opportunities vary by end market size?
How does Turntables break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.