Global Turntables Market Growth 2019-2024

A turntable is the circular rotating platform of a phonograph (a.k.a. record player, gramophone, turntable, etc.), a device for playing sound recordings. The phonograph is a device invented in 1877 for the mechanical recording and reproduction of sound. In its later forms it is also called a gramophone (as a trademark since 1887, as a generic name since c. 1900). The sound vibration waveforms are recorded as corresponding physical deviations of a spiral groove engraved, etched, incised, or impressed into the surface of a rotating cylinder or disc, called a "record". To recreate the sound, the surface is similarly rotated while a playback stylus traces the groove and is therefore vibrated by it, very faintly reproducing the recorded sound. In early acoustic phonographs, the stylus vibrated a diaphragm which produced sound waves which were coupled to the open air through a flaring horn, or directly to the listener's ears through stethoscope-type earphones.

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The disc phonograph record was the dominant audio recording format throughout most of the 20th century. From the mid-1980s on, phonograph use on a standard record player declined sharply because of the rise of the cassette tape, compact disc and other digital recording formats. Records are still a favorite format for some audiophiles and DJs. Vinyl records are still used by some DJs and musicians in their concert performances. Musicians continue to release their recordings on vinyl records. The original recordings of musicians are sometimes re-issued on vinyl.

Asia-Pacific market is expected to become the fastest growing market, increasing product availability is the key point. Asia-Pacific is poised to grow at the highest CAGR during the forecast period owing to rising awareness about oral health care, increasing disposable income in this region, and rising focus of prominent players on the APAC market increasing product availability.

The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 1-2 percent price erosion.

According to this study, over the next five years the Turntables market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Turntables business, shared in Chapter 3.

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.

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This study considers the Turntables value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Direct-drive Turntable
Belt-drive Turntable
Idler-wheel Turntable
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home Entertainment
Bar and Music Club
Music Production

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Pro-ject
Crosley
Audio-Technica
Sony
Teac
Denon
Thorens
Panasonic
Rega
VPI Nomad
JR Transrotor
Stanton
Numark
Music Hall
Ion
Akai
Clearaudio

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Turntables consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Turntables market by identifying its various

subsegments.
Focuses on the key global Turntables manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Turntables with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Turntables submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Customization of the Report
This report can be customized to meet the client's requirements. please contact with our sales team
(sales@researchgoal.com), who will ensure that you get a report that suits your needs.

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