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A karaoke machine is a machine that enables a user to play a song without the singing and read the words to the song from a TV monitor. They used to be extremely expensive and could only be purchased by this with lots of money, but times have changed a lot and now these fun entertainment machines are affordable and easy for anyone to get. They have gained popularity and are used in Home, For Venue (Bar/Restaurant/KTV), Outdoors and other places to provide entertainment for the guests that involve playing popular music tracks while the guests sing the songs.
Scope of the Report:
This report focuses on the Karaoke Machines in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
First, as for the global karaoke machines industry, the industry structure is relatively concentrated. The top three manufacturers have 36.51% sales market share in 2016. Daiichikosho, which has 12.68% market share in 2016, is the leader in the Karaoke Machines industry. The manufacturers following Daiichikosho are Pioneer and Singing Machine, which respectively has 7.19% and 7.36% market share market. The Daiichikosho is the leader of Japan Karaoke Machines industry. It sells a total of 201.13 million dollar Karaoke Machines products in the year of 2016.
Second, the global consumption of karaoke machines products rises up from about 996 K Units in 2012 to 1230 K Units in 2016, with an average annual growth rate of 5.41%.
Third, as for the Chinese karaoke machines market, it has been in the rapidly increasing period, and technological trends in the market will shift dramatically. Integration of detectors into the smart home will be an opportunity for installers in this market, such as integration with home energy management systems.
The worldwide market for Karaoke Machines is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 500 million US$ in 2023, from 400 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- TJ Media
- Singing Machine
- Ion Audio
- RSQ Autio
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Fixed System
- Portable System
Market Segment by Applications, can be divided into
- For Venue (Bar/Restaurant/KTV)
There are 15 Chapters to deeply display the global Karaoke Machines market.
Chapter 1, to describe Karaoke Machines Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Karaoke Machines, with sales, revenue, and price of Karaoke Machines, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Karaoke Machines, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Karaoke Machines market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Karaoke Machines sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source