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Phono Cartridges Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Phono Cartridges MarketA phono cartridge, more commonly called a phonograph cartridge, is an electromechanical transducer that is used to play records on a turntable. The cartridge contains a removable or permanently mounted stylus, the tip - usually a gemstone, such as diamond or sapphire - of which makes physical contact with the record's groove. In popular usage and in disc jockey jargon, the stylus, and sometimes the entire cartridge, is often called the needle. As the stylus tracks the serrated groove, it vibrates a cantilever on which is mounted a permanent magnet which moves between the magnetic fields of sets of electromagnetic coils in the cartridge (or vice versa: the coils are mounted on the cantilever, and the magnets are in the cartridge). The shifting magnetic fields generate an electrical current in the coils. The electrical signal generated by the cartridge can be amplified and then converted into sound by a loudspeaker.
The global Phono Cartridges market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Phono Cartridges is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Phono Cartridges is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Phono Cartridges include Ortofon, Audio-Technica, Shure, Sumiko Audio, Denon, Goldring and Grado, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Phono Cartridges, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Phono Cartridges.
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Report Scope
The Phono Cartridges market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Phono Cartridges market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Phono Cartridges manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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Segment by Type
• Moving Magnet (MM)
• Moving Coil (MC)
Segment by Application
• Small Loudspeaker
• Large Loudspeaker
By Company
Ortofon, Audio-Technica, Shure, Sumiko Audio, Denon, Goldring, Grado
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