Mixing Console Market Share

North America Market Forecast

Mixing console market in North America is anticipated to hold the largest with a share of about 36% by the end of 2037. Market growth in the region is also expected on account of the presence of a large number of music production studios and the rising number of concerts and live events in the region. As of 2022 the United States is home to a total of 20,637 businesses in the Audio Production Studios industry. This represents growth of 3.3% compared to the year before. Among these businesses California leads the way with 9,410 establishments, followed by New York with 4,460 and Florida with 2,760. Furthermore, the increasing demand for high-quality audio equipment, the availability of a wide range of products, and the growing preference for digital mixing consoles are expected to drive mixing console market growth in the region.

European Market Analysis

The European mixing console market is estimated to be the second largest, registering a share of about 28% by the end of 2037. Europe is home to a vibrant music scene with a strong fan base, as well as a large network of record labels, producers, and promoters. In addition, European governments have been very supportive of the music sector, providing tax incentives and other forms of support. In 2020 the music industry revenue, in Europe reached a total of €4,969.5 million with approximately 95.56 million users. This has resulted in a strong demand for mixing consoles, as musicians and producers need them to create professional recordings. Moreover, the growing demand for streaming services has also increased demand for mixing consoles, as these services require high-quality audio.