USD 67.62 billion
Report ID:
SQMIG25W2007 |
Region:
Global |
Published Date: May, 2018
Pages:
165
|Tables:
64
|Figures:
75
Disc Jockey Consoles Market size was valued at USD 67.62 billion in 2019 and is poised to grow from USD 71.38 billion in 2023 to USD 99.05 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).
Controllers, mixers, turntables, and media/CD players are components of DJ consoles. They are frequently utilized at live broadcasts, social engagements, and pubs. Using DJ controllers instead of laptop control buttons or touchpads makes it easier for DJs to mix music. DJ mixers are employed to provide seamless changes between several tracks. It enables DJs to preview the following song before playing.
The number of live concerts, music concerts, and entertainment occasions with DJs has significantly increased in recent years. Numerous well-known DJs have stepped up the number of musical events they host annually. These DJs are also gaining popularity on social media platforms including Instagram, Viberate, YouTube, and Spotify. Given the increasing number of fans who are prepared to drive great distances to see their favorite DJs perform live, the sales of DJ consoles utilized at various musical events have skyrocketed. Therefore, one of the major factors propelling the expansion of the worldwide DJ consoles market is the increase in live music performances.
US Disc Jockey Consoles Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 67.62 billion
Largest Segment
Leisure Activities
Fastest Growth
Leisure Activities
Growth Rate
5.5% CAGR
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The global disc jockey consoles market segmentation is based on product, application, and region. Based on type the market is segmented into DJ controllers, DJ mixers, media players, turntables, and others. Based on application the Disc Jockey Consoles Market is segmented into leisure activities and professional creation. Based on region the global disc jockey consoles market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Disc Jockey Consoles Market Analysis by Product
During the predicted timeframe, the DJ controllers segment will significantly increase its market share in disc jockey (DJ) consoles. DJ console design and functionality improvements are what is generating the segment's revenue. Additionally, factors including the rising acceptance and demand for electronic musical instruments as well as the prominence of numerous techno musicians and music genres are boosting segment revenue. The market for and technological advancements in DJ controllers have been significantly influenced by the surge in popularity of high-tech electronic musical instruments. A progressive transition from conventional music controllers and mixers to electronic controllers has also been seen among DJs as a result of the advent of trap music, electronic dance music, and mashup music.
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Europe held the biggest market share in 2021. The disc jockey (DJ) consoles market will increase in Europe throughout the projected timeframe due to the high demand for electronic musical instruments in Western Europe. In Europe, the three biggest markets for DJ consoles are Germany, Italy, and the United Kingdom.
Owing to young people in nations like China and India becoming more aware of these systems, the Asia Pacific is expected to experience significant growth throughout the forecast period. Additionally, during the expected period, increased levels of disposable income are probably going to boost goods sales throughout this region.
Due to the strong demand for cutting-edge technology and the rising number of commercial locations, including restaurants and bars, that may be utilized for DJ events, North America is expected to have moderate market expansion throughout the projected period. Additionally, the growing popularity of live music performances at various locations is fueling the expansion of the regional market.
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Disc Jockey Consoles Market Driver
Disc Jockey Consoles Market Restraint
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Key businesses that are extending their production capacity to meet the rising demand for a variety of applications have selected the growth strategy. As they attempt to keep up with technical advancements, reliability, and standard practices of Disc Jockey (DJ) Consoles Market product affairs, new traders within the Disc Jockey (DJ) Consoles Market encounter fierce rivalry from old world traders. For instance, Rane Corporation introduced "ONE," a professional motorized DJ controller, in January 2021. For high-performance precision, the ONE has genuine motorized 7-inch turntable platters.
Disc Jockey Consoles Market Top Players Company Profiles
Disc Jockey Consoles Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the DJ controllers market share for disc jockey (DJ) consoles is expected to grow significantly throughout the expected timeframe. In 2021, Europe had the largest market share. The Asia Pacific region is expected to develop significantly throughout the projection period as a result of young people in countries like China and India being more aware of these systems.
Report Metric | Details |
---|---|
Market size value in 2019 | USD 67.62 billion |
Market size value in 2031 | USD 99.05 billion |
Growth Rate | 5.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Disc Jockey Consoles Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Disc Jockey Consoles Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Disc Jockey Consoles Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Report ID: SQMIG25W2007
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