New York, NY (Top40 Charts) The disc jockey (DJ) consoles market is expected to grow by USD 138.43 million from 2022 to 2027, progressing at a CAGR of 4.32% as per the latest Technavio market research report. The report has been segmented by product (DJ controllers, DJ mixers, media players, turntables, and others), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and
Middle East and Africa). The growing engagement in music-related activities is a key factor driving market growth. People's participation in leisure activities is increasing every year, largely due to changing lifestyles and increasing pressures in the labor market. People desire to participate in anti-stress activities and thus participate in activities related to music, sports, camping, and others. Furthermore, playing electronic musical instruments has become one of the most popular recreational activities worldwide. People of all ages participate in music-related leisure activities. For example, they play guitar, piano, or keyboard. Hence, these factors are expected to drive market growth during the forecast period.
Disc Jockey (DJ) Consoles Market: Segment Overview:
This market research report segments the disc jockey (DJ) consoles market by product (DJ controllers, DJ mixers, media players, turntables, and others), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and
Middle East and Africa).
The DJ controllers segment is estimated to witness significant growth during the forecast period. Revenue from this segment relies on advances in DJ console design and functionality. The increase in demand for advanced electronic musical instruments has played an important role in the demand and technological evolution of DJ controllers. In addition, DJs have also gradually moved from traditional controllers and mixers to electronic ones due to the emergence of trap music, electronic dance music, and mashups. Hence, these factors are expected to drive segment growth during the forecast period.
Geography Overview:
Europe is going to have lucrative growth during the forecast period. About 33% of the market's overall growth is expected to originate from Europe.
Key Drivers:
Increasing number of DJs
Growing number of live musical events
Growing engagement in music-related activities
Major Trend:
The growing demand for customized electronic musical instruments is a major trend in the market.
Significant Challenge:
The high cost of DJ consoles is a significant challenge restricting market growth.
Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
Key companies profiled:
ADJ Products, LLC., A.E.B. Industrial Srl, Audiotonix Ltd., CHAUVET and Sons Inc., DJ Tech Professional, Epsilon, Global Distribution GmbH and Co. KG, Guillemot Corp. SA, IK Multimedia Production Srl, inMusic Brands Inc., Innovative Concepts and Design LLC, KORG Inc.,
Music Tribe Global Brands Ltd., Native Instruments GmbH, Noritsu
America Corp., Rane Holdings Ltd., Roland Corp., VXK Inc., Yamaha Motor Co. Ltd., and Five Core Electronics Ltd.
Market dynamics:
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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