Turntable, also known as phonograph is a circular rotating platform which is used as a device for playing sound recordings. A turntable uses a motor that spins the platter at a constant speed. A vinyl record also known as phonograph record is placed on top of the spinning platter which converts the vibrations into sound. These vibrations are converted into sound with the help of a technology known as belt drive and direct drive. Belt drive technology spins the platter with an elastic belt which is attached to the motor. The platter is placed on the bearing which is a device that allows a linear movement and remains isolated from the motor. The platter, in a direct drive turntable is directly attached and spins through the motor. Direct drive turntables helps in providing more accurate and continuous speeds. Many premium turntables use belt drive technology as it provides better sound quality and less noise distortion from the motor. Nevertheless, direct drive turntables provide faster start up times and stronger torque and are normally believed to be sturdy.

The global turntables market is expected to witness steady growth rate in the near future. In the era of digital music, vinyl records provide unparalleled aesthetic appeal. The experience which vinyl records provide to music lovers is one of the major reasons for the increase in demand for turntables. Many music lovers feel that music from a turntable creates high quality sounds. Additionally, turntables possess a cultural quality that is both modern and classic at the same time. Increasing demand for vinyl records and live shows is anticipated to drive the turntables market. Growing preference for electronic dance music among young millennials is anticipated to increase the number of DJs around the world which in turn is expected to boost the turntables market. Moreover, promotional events such as Record Store Day are also estimated to boost the turntables market. Record Store Day is a promotional event where thousands of independent record stores gather to sell, purchase, and promote vinyl records and turntables. Such events also help in boosting the growth of the turntables market. Turntables have a long lifecycle and hence once purchased last for a long time. This restricts the growth of the turntables market.

One of the latest trends in the global turntables market is the emergence of vinyl records and vintage turntables. The new generation is shifting toward old music forms. Despite cell phones and tablets becoming the latest trends for music, vinyl's vintage novelty is enjoying resurgence in popularity. Young millennials are boosting the growth of vinyl records and vintage turntables.

The global turntables market can be segmented based on automation level, technology, application, distribution channel, and geography. In terms of automation level, the global turntables market can be segmented into manual, semi-automatic, and fully automatic. According to technology, the turntables market can be segmented as direct drive and belt drive technology. Based on application, the turntables market is segmented into home entertainment, bars and music clubs, music production etc. In terms of distribution channel, the turntables market can be segmented as online and offline. The online distribution channel can further be sub segmented into e-commerce websites and company websites whereas the offline market can be sub segmented as specialty stores and large retail formats. In terms of geography, the turntables market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Some of the prominent players operating in the turntables market includes Crosley Radio (the U.S.), Audio-Technica Corporation (Japan), Denon (Japan), Thorens (Switzerland), Rega (the U.K.), Sony Corporation (Japan), VPI Industries (the U.S.), JR Transrotor (Germany), and Gibson Guitar Corporation (the U.S.). All these players compete with each other in terms of new product designs, technological advancements etc. in order to survive in the market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Turntables Market

Pre Book