According to a new report published by Reports Monitor titled, “Turntables Market By Product, Distribution Channel and Industry: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Turntables Market is growing rapidly from 2017 to 2025. North America dominates the Turntables Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
A turntable is the circular rotating platform of a phonograph (a.k.a. record player, gramophone, turntable, etc.), a device for playing sound recordings. It is one of the longest lasting technologies which are still manufactured. The base of a turntable can be made of nearly any material and come in a variety of shapes. The important task is making the whole system run as it holds the motor either a direct drive or through a belt or wheel system which moves the platter, or the spinning surface that the record is placed on. Bases are also the place where manufacturers exhibit the most creative touches, whether it is natural wood or a black lacquered rig. The platter is the next important piece. It is responsible for maintaining a consistent and uninterrupted speed which will play the record. Heavy materials are highly valued in the construction of the platter and the most expensive turntables on the market will often be made of ultra-weighted aluminium. A heavy platter is the key to a rumble-free and steady sound too light, and the record has the potential to rattle around from the speed of the motor. On top of the platter, there is a rubber mat which helps the record stay in place without risking scratches. Growing demand for entertainment and infotainment systems is driving the growth for this market.
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Global Turntables market has been segmented majorly on the basis of Product (Belt-drive turntable, Direct-drive turntable, Idler-wheel turntable, Distribution Channel (Direct Sales, & Distributor) & Industry (Bar and music club, Home entertainment, Music production, and others).
In terms of geography, Turntables market is divided into North America, Europe, Asia-Pacific and LAMEA. Of these North America is expected to be the largest market for turntables market followed by Europe. Key players in this market are expending their money for the product innovation, to place it differently in front of the crowd of modern devices for the mechanical recording and reproduction of sound.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global Turntables Market and what are their strategies?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Akai turntables, Audio-Technica, Ion, JR Transrotor, Music Hall, Numark, Panasonic Corporation, Sony, Stanton, and VPI Nomad.
In-depth table of contents for this report @ https://goo.gl/8qwk7L
The study for Turntables Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1 Market Definition
1.2. Market Scope
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
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