Wednesday, March 30th, 2016 - WiseGuyReports

WiseGuyReports.com adds  “Disc Jockey Consoles Industry 2016 Global Market Research Report & Forecast to 2020”reports to its database. We can offer you discount on this report.

Disc jockey (DJ) consoles are devices that are comprised of controllers, mixers, turntables, and media/CD players, and help to create tracks and mix songs to entertain the audience. The rising demand for live events will result in this market’s moderate growth during the forecast period. The growing preference for electronic dance music (EDM) among the younger population will lead to an increase in the number of DJs around the world. Recently, it has been observed that many hotels, restaurants, social gatherings, and shopping malls have started arranging live events so that people can watch their favorite artists and DJs perform. This creates high enthusiasm and interest among individuals to attend such events and also creates a strong demand for various types of high-tech and high-priced DJ consoles from companies that are organizing these events. Due to these factors, the global market for DJ consoles will grow moderately at a CAGR of more than 2% by 2020.

Technavio’s market research analyst has estimated that the recent increase in the number of dance clubs and pubs will also drive the prospects for growth in this market until the end of the forecast period. The growing preference for entertainment is a major factor that is encouraging people to attend dance clubs and pubs. Due to the increase in the number of dance clubs and pubs, the requirement for DJs has increased substantially as the owners of such clubs are focusing on entertaining people with good music to retain their customer base. This increase in the requirement for DJs will lead to a significant increase in the demand for DJ consoles.

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Product-based segmentation and analysis of the DJ consoles market 
- DJ controllers 
- DJ mixers 
- Media players 
- Turntables 
During 2015, the DJ controllers segment dominated this market and accounted for an impressive market share of more than 36% by 2020. Since DJ controllers are combined with DJ software, such as DEX 3 and Serato's DJ software, to manipulate sound and give a wide range of effects to tracks, their demand among the end users is anticipated to witness a strong increase until the end of the forecast period.

Geographical segmentation and analysis of the DJ consoles market 
- Americas 
- APAC 
- EMEA 
With a market share of more than 46%, the Americas dominated the global market for DJ consoles during 2015. The presence of many prominent DJs in this region is a critical factor that will spur the prospects for market growth. Factors such as the rising popularity of live events and the increasing number of dance clubs and pubs in the region will aid in the healthy growth of this market in the Americas.

Competitive landscape and key vendors 
Factors such as intense market competition, increasing technological advances, and frequent changes in consumer preferences will pose significant challenges for the vendors. The vendors in this market compete on the basis of product differentiation, portfolio, and pricing to gain a competitive edge over their peers. Due to product extensions, the level of competition in this market will intensify over the next few years.

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Key vendors in this market are -

Denon DJ (inMusic) 
GCI Technologies 
Native Instruments 
Numark Industries 
Pioneer DJ 
Other prominent vendors analyzed in this market research report are Allen & Heath, Focusrite, Hercules, Korg, Reloop, Serato Audio Research, and Stanton.

Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the global DJ consoles market? 
- What are the key market trends impacting the growth of the global DJ consoles market? 
- What are the challenges to market growth? 
- Who are the key vendors in the global DJ consoles market? 
- What are the market opportunities and threats faced by the vendors in the global DJ consoles market? 
- Trending factors influencing the market shares of the Americas, APAC, and EMEA. 
- What are the key outcomes of the five forces analysis of the global DJ consoles market?

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