What is Record Players Market Scope?
Record Players is a device for the mechanical recording and reproduction of sound. A record player is a turntable that also includes built-in speakers to listen to the music. In recent years, record players once again make music an active pursuit. The main attractions to owning a record player are having a physical copy of favorite records and availability of cables, software to connect with computers are boosting in the demand of the record players market globally.
The Record Players market study is being classified by Type (Portables and Fixed), by Application (Home and Commercial) and major geographies with country level break-up.
The global record players market has declined in the past but in the current scenario after advancement in the record players and connected devices the market is again gaining the attraction. Few market players are developing portable record players owing to high adoption rate among youth population globally. Analysts at AMA predicts that Vendors from Germany will contribute to the maximum growth of Global Record Players market throughout the predicted period.
Acoustic Signature (Germany), Kronos Audio (Canada), Clearaudio (Germany), LINN (United Kingdom), Tien Audio (China), VPI (United States), AMG (Germany), Helius Design (United Kingdom) and TechDAS (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Audio-Technica (United States) and TEAC (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Record Players market by Type, Application and Region.
On the basis of geography, the market of Record Players has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Availability of Portable Record Players
Market Drivers
- Rising live Music Shows in the Emerging Countries
- Long Lifecycle of Record Players
Opportunities
- Due to Availability of Cables, Software to Connect with Computers, Increasing the Demand of Record Players
- Increasing the Intrest of the Physical Copy of Favorite Records
Restraints
- Availability of Smart Phones and Various Music Players which are used for Record Playing
Challenges
- High Price of Record Players
Key Target Audience
Record Players Manufacturer, Record Players Suppliers/Distributors, Raw Material Supplier and Music Industry
Customization available in this Study:
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