Global Stereo Turntable Market Research Report 2022

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.
Due to the COVID-19 pandemic, the global Stereo Turntable market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Stereo Turntable market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Stereo Turntable landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Direct-drive Turntable accounting for % of the Stereo Turntable global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Home Entertainment segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Stereo Turntable include Crosley, Audio-Technica, Denon, Thorens, Rega, Sony, VPI Nomad, JR Transrotor and Stanton, etc. In terms of revenue, the global 3 largest players have a % market share of Stereo Turntable in 2021.
This report focuses on Stereo Turntable volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Stereo Turntable market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Stereo Turntable Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Direct-drive Turntable
Belt-drive Turntable
Idler-wheel Turntable
Segment by Application
Home Entertainment
Bar and Music Club
Music Production
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Crosley
Audio-Technica
Denon
Thorens
Rega
Sony
VPI Nomad
JR Transrotor
Stanton
Numark
Pro-Ject
Music Hall
Ion
Akai turntables
Clearaudio Turntables