The market for DJ equipment was valued at USD 536.3 million in 2021 and is anticipated to grow at a 6.6% CAGR in terms of revenue over the next five years. The increase in live performances and concerts, the number of young people working in the music industry, and the growing popularity of music among consumers all contribute to the market's revenue growth. For instance, according to a report on the Indian music industry released in 2019 by the International Federation of the Phonographic Industry (IFPI) and Indian Music Industry (IMI), 29% of average users in India's 16–24 age group identify as music fans. Younger age group continue to engage with music more than older age groups, with respondents in the 16–34 age range listening to music an average of 20.4 hours per week as opposed to 19.1 hours per week.
The Global DJ Equipment Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.
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Key Players operating in the industry are:
Pioneer Corporation, Roland Corporation, Sennheiser Electronic GMBH & Co. KG, Shure Inc., Numark Corporation, DJ Tech, Korg Inc., Denon DJ, Reloop, and Stanton Magnetics
Radical Features of the DJ Equipment Market Report:
- The report encompasses DJ Equipment market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the DJ Equipment industry
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Segmentation:
-
Component Outlook (Revenue, USD Billion; 2019-2030)
- Input Devices
- DJ Turntables
- DJ Controllers
- CDJs/XDJs
- Mixers
- 2-Channel Mixers
- 4-Channel Mixers
- DVS Enabled Mixers
- Speakers
- Headphones
- Other Components
- Input Devices
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Individual Amateurs
- Professional Performance
-
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Online
- Offline
- Direct Channel
- Distributers
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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