Disc Jockey Consoles Market | Size, Share and Forecast report to 2028 (2023)

Global disc jockey consoles market size was valued at US$ 67.62 billion in 2021, and it is expected to reach a value of US$ 77.71 billion by 2028, at a CAGR of 2.0% over the forecast period (2022 - 2028).

Controllers, mixers, turntables, and media/CD players are components of DJ consoles. They are frequently utilizedat 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 favoriteDJs perform live, the sales of DJ consoles utilizedat 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.

Market snapshot

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 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.

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.

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.

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.

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.

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.

Top Players Company Profiles

• A.E.B. Industrial Srl (Italy)
• Apogee Electronics Corp. (US)
• Audiotonix Ltd. (UK)
• Chauvet and Sons LLC (US)
• Cine Audio Viso Equipments (India)
• DJ Tech Professional (Canada)
• Five Core Electronics Ltd. (India)
• Guillemot Corp. SA (France)
• IK Multimedia Production Srl (Italy)
• inMusic Brands Inc. (US)
• KORG Inc. (Japan)
• Music Tribe Global Brands Ltd. (Philippines)
• Native Instruments GmbH (Germany)
• Ningbo BTRAUDIO Technology Co. Ltd. (China)
• Noritsu Koki Co. Ltd. (Japan)
• R K Enterprises (India)
• Roland Corp. (Japan)
• Shri Jagdamba's Dj Sound Audio (India)
• Yamaha Corp. (Japan)
• Global Distribution GmbH and Co. KG (Germany)

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.

• 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.

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.

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.

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.