Global DJ Equipment Market Size was valued at USD 0.52 Billion in 2022. The DJ Equipment Market industry is projected to grow from USD 0.56 Billion in 2023 to USD 0.94 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.80% during the forecast period (2023 - 2032). The rising demand for CD players as a substitute for conventional turntable equipment, and the growing influence of Western culture, and the popularity of DJs as featured musicians at various clubs and pubs are expected to be a significant market driver for the DJ Equipment Market.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for DJ Equipment is being driven by the growing number of concerts and live performances, and an increasing number of young populations in the music industry. For instance, a report from the Indian Music Industry (IMI) and the International Federation of Phonographic Industry (IFPI) in 2019 highlighted that individuals in the 16-24 age group in India had the highest percentage (29%) of self-identifying as music fanatics.
Engagement with music is notably higher among younger demographics compared to older age groups, with respondents in the 16-34 age range listening to music an average of 20.4 hours per week, compared to the 19.1 hours per week average for older age groups. This heightened engagement has resulted in the widespread consumption of digital and electronic music, including DJ music. The report also notes a significant increase in music consumption through audio streaming across all age groups, with a 10% rise among young listeners (16-24s) and an impressive engagement rate of 97% within the same age group, as reported by IFPI and IMS. The popularity of different electronic music genres on these streaming networks contributes to their increasing popularity. The substantial music consumption by this young demographic is expected to drive the music composing industry, subsequently fueling market revenue growth.
As a result, it is anticipated that throughout the projection period, demand for the DJ Equipment Market will increase due to the growing number of concerts and live performances, and an increasing number of young populations in the music industry. Thus, driving the DJ Equipment Market revenue.
The global DJ Equipment Market segmentation, based on Components includes Input Devices, Mixers, Speakers, Headphones, and Other Components. The Headphones segment dominated the market, accounting for 58% of market revenue. Enthusiasts of fitness are steering the industry forward. As individuals increasingly use headphones and earbuds during exercise in diverse weather conditions, manufacturers have enhanced product durability. Many companies have incorporated specific Ingress Protection (IPX) ratings into their products, providing a safety grade that defends against dust and water. Advancements in technology are predominantly fueled by the growing consumer demand for high fidelity and style. Features like Near-Field Communication (NFC) and Active Noise Cancellation (ANC) have been introduced to enhance users' listening experiences and enable seamless connections to their music players. For example, ANC technology incorporated into earbuds and headphones effectively reduces ambient noise, thereby enhancing audio quality.
The global DJ Equipment Market segmentation, based on Application includes Individual Amateurs and Professional Performance. The Individual Amateurs segment dominated the market, accounting for 58% of market revenue. Individual amateurs refer to individuals who are either learning to operate DJ equipment, already possess basic DJ skills, or perform at events like small weddings. They typically use less advanced and professional equipment, making them a cost-effective choice. However, due to their limited resources, they may not have sophisticated DJ gear or backup equipment for emergencies. Despite these limitations, they are well-suited for events like birthday parties and small college gatherings, as their services are budget-friendly, requiring employers to spend less on hiring them.
The global DJ Equipment Market segmentation, based on Distribution Channels includes Online and Offline. The Online segment dominated the market, accounting for 60% of market revenue (0.31 Billion). The online segment is transforming the landscape of DJ music equipment. Over the past few years, the popularity of online retail has experienced remarkable growth. Many traditional brick-and-mortar sellers have embraced online platforms to boost their product sales. DJ equipment vendors are strategically targeting their customer base through online retailing, leveraging the advantages of convenience and cost-effectiveness. The increasing preference among consumers to purchase instruments through online channels is driving e-commerce sales. Notably, the 18-24 age demographic, a dominant group in the DJ music scene, has witnessed a surge in demand on mobile sites and e-commerce platforms. Retailers lacking an online presence may face challenges in connecting with customers and could encounter difficulties in the long run.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The global DJ Equipment Market segmentation, based on End-Use includes DJ Schools, Studios, Clubs & Bars, and Other End-Use. The Clubs & Bars segment dominated the market, accounting for 60% of market revenue. The demand for such equipment experiences a surge during the holiday season, as bars and clubs witness increased footfall, and customers willingly spend extra to enhance their vacation experience. Standard clubs typically utilize equipment such as turntables, mixers, special music software, headphones, and sound systems. DJs often do not need to carry all of this, as high-end clubs usually have pre-installed standard equipment for their use. The growing corporate culture has elevated the standard of living, enabling the youth to afford spending in these establishments. DJ equipment, primarily used in professional performances, experiences heightened demand due to the rising trend of live performances in clubs and bars.
By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The anticipated expansion of the DJ Equipment market in North America can be attributed to several key factors. The expansion can be credited to the increasing demand for technologically advanced DJ equipment among both consumers and professionals, a rising number of live concerts and club events, and the burgeoning EDM music industry. As reported by Made in CA, music consumption witnessed an 11.2% increase in 2022 compared to 2021. Notably, Canada's music market exhibited nearly double the growth rate of the United States music market in the same period. Collectively, Canada and the United States contribute to over 40% of the global music market.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's DJ Equipment Market accounts for the second-largest market share as the demand for DJ equipment is intricately linked to the vibrant event and nightlife sector. Eurostat data reveals that 44.5% of individuals have attended live performances such as theaters, concerts, and ballet, with notably high percentages in countries like Finland (66.7%), Norway (62.5%), and the Netherlands (60.5%). Over the period from 2014 to 2018, the average cost of music festival tickets in Europe hovered around €178. Notably, a mega-event like Glastonbury in 2019 attracted an audience of 210,000 people, according to Statista. With the sustained success of events, clubs, and festivals, there remains a continual demand for DJ equipment, contributing significantly to market growth. Further, the German DJ Equipment Market held the largest market share, and the UK DJ Equipment Market was the fastest-growing market in the European region
The Asia-Pacific DJ Equipment Market is expected to grow at the fastest CAGR from 2023 to 2032. The progression of the DJ equipment market will be propelled by countries such as India, China, Japan, South Korea, and others. The increasingly popular and well-established media industries in these nations will play a significant role in fostering market growth in the region. As per Invest India, the Media & Entertainment industry in India is projected to achieve a valuation of $100 billion by the year 2030. Within this sector, the digital media segment stands out as the second-largest sub-segment, experiencing a substantial 30% growth in 2022 and reaching a value of $6.9 billion. Moreover, the overall push towards adopting advanced technology in emerging economies serves as another driving factor. Several countries in the region also serve as hubs for electronics manufacturing, further contributing to the expansion of the DJ equipment market. Moreover, China’s DJ Equipment Market held the largest market share, and the Indian DJ Equipment Market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the DJ Equipment market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the DJ Equipment industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global DJ Equipment industry to benefit clients and increase the market sector. In recent years, the DJ Equipment industry has offered some of the most significant advantages to the entertainment and music production sectors. Major players in the DJ Equipment Market, including Pioneer Corporation, Roland Corporation, Sennheiser Electronic GMBH & Co. KG, Shure Inc., Numark Corporation, DJ Tech, Korg Inc., Denon DJ, Reloop, and Stanton Magnetics are attempting to increase market demand by investing in research and development operations.
Pioneer Corporation is engaged in the manufacturing, development, and sale of car electronics and various other products. The company's product range includes car navigation systems, car speakers, dashcams, car audio/video systems, optical disc-related products, organic light-emitting diode (OLED) displays, and electronic devices and parts. Pioneer is known for delivering high-quality navigation systems, speakers, and audio/video systems to global automakers. Additionally, it provides precision Blu-ray/DVD drives for computers. The company offers the Vehicle Assist service, connecting to navigation systems and dash cameras in commercial vehicle fleets, providing advanced fleet management features such as vehicle tracking, dispatching, and monitoring driver behavior. Pioneer operates a manufacturing plant in Japan and has a global presence in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company is headquartered in Bunkyo, Tokyo, Japan.
Established in 1996 by a dynamic team of music technology specialists, Reloop has evolved to present a diverse array of cutting-edge DJ and studio products, spanning controllers, turntables, mixers, and beyond. These products, originating from meticulous development and design processes in Germany, are subsequently assembled by chosen production partners in Asia. The research and development aspect remains closely intertwined with the DJ scene, where influential artists consistently contribute valuable insights to drive our innovations. This commitment underscores the company's philosophy, epitomized by the mantra "by DJs, for DJs.
Roland Corporation
Sennheiser Electronic GMBH & Co. KG
Shure Inc.
Numark Corporation
DJ Tech
Korg Inc.
Denon DJ
Reloop
Stanton Magnetics
March 2020: On March 5, 2020, KKR Equity Group divested Pioneer DJ to the Japanese company Noritsu for a sum of USD 606 million. This transaction occurred after the corporate rebranding from Pioneer DJ to AlphaTheta in 2017
April 2022: On April 18, 2022, as part of Roland's ongoing 50th-anniversary celebration, a commemorative book titled "INSPIRE THE MUSIC: 50 Years of Roland History" was released. Roland stands as one of the most recognized brands of electronic music instruments globally. Published in the summer by the esteemed publisher Bjooks, this 400-page hardcover book, adorned with captivating photography, pays homage to the culture, individuals, and technological advancements associated with Roland. Noteworthy musical instrument book titles previously published by Bjooks include "PUSH TURN MOVE," "PATCH & TWEAK," "PEDAL CRUSH," and "SYNTH GEMS.
Input Devices
Mixers
Speakers
Headphones
Other Components
Individual Amateurs
Professional Performance
Online
Offline
DJ Schools
Studios
Clubs & Bars
Other End-Use
North America
Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 0.52 Billion |
| Market Size 2023 | USD 0.56 Billion |
| Market Size 2032 | USD 0.94 Billion |
| Compound Annual Growth Rate (CAGR) | 6.80% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Component, Application, Distribution Channel, End-Use, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Pioneer Corporation, Roland Corporation, Sennheiser Electronic GMBH & Co. KG, Shure Inc., Numark Corporation, DJ Tech, Korg Inc., Denon DJ, Reloop, and Stanton Magnetics |
| Key Market Opportunities | Rising awareness about music among people and increasing music instruction in schools |
| Key Market Dynamics | Growing number of concerts and live performances |
Frequently Asked Questions (FAQ) :
The global DJ Equipment Market size was valued at USD 0.52 Billion in 2022.
The global DJ Equipment Market is projected to grow at a CAGR of 6.80% during the forecast period, 2023-2032.
North America had the largest share of the global market
The key players in the market are Pioneer Corporation, Roland Corporation, Sennheiser Electronic GMBH & Co. KG, Shure Inc., Numark Corporation, DJ Tech, Korg Inc., Denon DJ, Reloop, and Stanton Magnetics
The Headphones segment dominated the market in 2022.
The Online segment had the largest share of the global market.
Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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