As part of Emergen Research's Global DJ Equipment Market Research Report, key business details and extensive geographical spread of the DJ Equipment industry have been analyzed. The current COVID-19 pandemic is expected to have an effect on the growth of the DJ Equipment industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and DJ Equipment will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall DJ Equipment industry. As well as a comprehensive qualitative and quantitative analysis, the study contains crucial statistics about the DJ Equipment market. A detailed forecast is provided until 2030 based on historical data from 2017 and 2018. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies.
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.
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The report bifurcates the DJ Equipment market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Key Companies Profiled in the Report are:
Pioneer Corporation, Roland Corporation, Sennheiser Electronic GMBH & Co. KG, Shure Inc., Numark Corporation, DJ Tech, Korg Inc., Denon DJ, Reloop, and Stanton Magnetics
Regional Landscape section of the DJ Equipment report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the DJ Equipment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The various regions analyzed in the report include:
- 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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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
-
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
Research Report on the DJ Equipment Market Addresses the Following Key Questions:
- Who are the dominant players of the DJ Equipment market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the DJ Equipment market?
- What are the key growth drivers and restraining factors of the DJ Equipment market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the DJ Equipment market and its key segments?
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