Mixing Console Market : A mixing console is an electronic device used for a wide range of sound-mixing applications in computer music and recording studio, and for live sound, concert and playback events. It also used for various applications such as pro recording studios, broadcast, PA/sound reinforcement, and film post-production.
These are widely used electronic devices for sound reproduction and sound mixing from many different audio signals. Audio signals are provided via a microphone used by the sound professionals and artists, or musical instruments, which is then modified and amplified to produce the combination output signals that can be broadcasted or recorded.
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COVID-19 Impact Analysis
The COVID-19 outbreak has impacted the music industry and has also disrupted music production as the professional studios are closed amid the lockdowns. The media and entertainment industry has taken a serve hit due to this crises and film productions are being stopped and hence the music post-production activities which requires such sound mixing consoles has been taken the hit as well.
Amid the COVID-19 lockdowns many artists are streaming live concerts from home studios as well as music professionals working from home studios to compose music. However, the production and sales of such analog and digital mixing consoles are been impacted negatively, due to sudden drop in demand from the music industry.
During 2018-2019, the mixing console market growth was estimated to be 5% year-on-year, however, in Q1-Q2 2020 the market has been declined by nearly 200 BPS in terms of growth. The market is projected to recover soon post the lockdowns by Q1, 2021.
Mixing Console Market: Drivers and Challenges
The growing demand for digital sound processing devices to improve sound quality and provide dynamics shaping, equalization, and complex routine control, is expected to create a huge opportunity for the global mixing console market. The growing need for mixing consoles in professional recording studios applications such as PA/sound reinforcement, pro recording studios, and film post-production, is driving the growth of mixing console market.
Mixing Console offers different features such as studio-grade preamps and equalizers, high-quality sound and multi-track recorders. The reliability of such features drives the mixing console market growth. There is an increasing demand for mixing console for pro studios as well as in live music and small studios to route the inputs and outputs.
However, the expensive cost of high-end mixing consoles and lack of technical knowledge for beginners to operate of complex consoles, are some of the factors challenging the market growth.
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Mixing Console Market: Competition Landscape
Some of the prominent players providing mixing console are –
- Yamaha
- Harman
- Mackie
- PreSonus Audio Electronics
- DiGiCo
- RCF SPA
- AEQ International, and among others.
Mixing Console Market: Regional overview
Among these regions, North America and Europe are expected to dominate the global mixing console market due to the growing awareness regarding audio input as well as output signal processing among music professionals in this region. South Asia and pacific is also creating potential growth opportunities for mixing console market due to high presence of digital audio producers in this region.
The mixing console market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The mixing console market report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, & Rest of Latin America)
- Europe (Germany, Italy, U.K, Spain, France, BENELUX, & Russia)
- East Asia (China,, South Korea, & Japan)
- South Asia & Pacific (India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, Turkey, & South Africa)
Mixing Console Market: Segmentation
The mixing console market has been segmented on the type, sales channel, application, and region.
The mixing console market is segmented on the basis of type:
- Analog Mixing Console
- Digital Mixing Console
The mixing console market is segmented on the basis of sales channel:
- Direct sales channel
- Indirect sales channel
The mixing console market is segmented on the basis of application:
- Broadcast studios
- Broadcast TV
- Recording studio
- Others
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