USD 67.62 billion
Global Disc Jockey Consoles Market Size, Share, Growth Analysis, By Product(DJ controllers, DJ mixers), By Application(Leisure Activities, Professional Creation) - Industry Forecast 2024-2031
Report ID:
SQMIG25W2007 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
64 |
Figures:
75
Global Disc Jockey Consoles Market Insights
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.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Leisure Activities
Fastest Growth
Leisure Activities
Growth Rate
5.5% CAGR
Global Disc Jockey Consoles Market 2021-2028 ($ Mn)
Country Share for North America Region- 2021 (%)
Global Disc Jockey Consoles Market Size by Application 2021-2028 ($ Mn)
Global Disc Jockey Consoles Market Size by Application 2021-2028 (%)
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Global Disc Jockey Consoles Market Segmental Analysis
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.
Global Disc Jockey Consoles Market By Application, 2021 (%), 2023 (%)
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Global Disc Jockey Consoles Market Regional Insights
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.
Global Disc Jockey Consoles Market By Geography, 2021 - 2028, 2024-2031
- Largest
- Fastest
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Global Disc Jockey Consoles Market Dynamics
Disc Jockey Consoles Market Driver
- The growing number of DJs is one of the main drivers propelling growth in the disc jockey (DJ) consoles market. The rise in the number of musical events featuring some of the most well-known DJs in recent years is evidence of the popularity of DJs around the world. Currently, the DJ industry is flourishing, with numerous DJs finding success with listeners. Electronic dance music (EDM) is becoming more and more popular, which has spawned a large number of regional and international DJs and increased the frequency of live musical performances. As a result, the rise of DJs and the live music events they attend fuel the need for DJ consoles.
Disc Jockey Consoles Market Restraint
- During the projection period, the disc jockey (DJ) consoles market will face significant obstacles due to the high cost of DJ consoles. Electronic musical instruments that utilize cutting-edge sound technology are the DJ consoles of today. Due to the high retail price of the equipment and/or components, the entire DJ system becomes rather pricey. Quality, functionality, user interface, connection, and features are just a few of the important factors that affect the DJ console's overall price. As a result, the high price of a DJ console (especially the professional-grade models) makes it impossible for the mass market to purchase, which presents a barrier to the widespread use of DJ consoles on the global market.
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Global Disc Jockey Consoles Market Competitive Landscape
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
- Pioneer DJ
- Numark
- Denon DJ
- Native Instruments
- Hercules DJ
- Reloop
- Gemini Sound Products
- Stanton DJ
- Allen & Heath
- Rane Corporation
- Behringer
- Vestax
- Korg
- Akai Professional
- American Audio
- Mixars
- Alesis
- DJ Tech
- Epsilon Pro
- Roland Corporation
Disc Jockey Consoles Market Recent Development
- In January 2022, Pioneer Corp. introduced the DDJ-REV line of controllers with a battle-style design. These two new Serato DJ-compatible cutting and scratching instruments are designed for use together.
Global Disc Jockey Consoles Key Market Trends
- Modern mobile-based music-making software has been created thanks to technological advancements, which makes it easier to mix and create tunes. For instance, Serato's DJ is a popular program that works well with the hardware of several DJ consoles from various manufacturers. It offers plug-and-play convenience to consumers by importing music from a local device. One of the significant trends that will take hold in the disc jockey (DJ) consoles market in the upcoming years, according to this market research and analysis, is the growing adoption of such DJ software for song mixing.
Global Disc Jockey Consoles Market SkyQuest Analysis
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 2023 | USD 67.62 billion |
| Market size value in 2031 | USD 99.05 billion |
| Growth Rate | 5.5% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| 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 |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Disc Jockey Consoles Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Disc Jockey Consoles Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global 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 Global 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.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Disc Jockey Consoles Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Disc Jockey Consoles Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Disc Jockey Consoles Market Report Snapshots
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