Also means
volume knob
Usage Note
Lautstärkeregler is the control — physical knob, fader, or software slider — used to adjust the volume of an audio signal during a performance or in a recording context. In live sound, the master Lautstärkeregler is operated at the mixing desk.
Examples
"Der Tontechniker drehte den Lautstärkeregler für den Bass etwas herunter."
Natural Translation
The sound engineer turned the volume control for the bass down a little.
Literal Translation
The sound-technician turned the volume-controller for the bass somewhat down.

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