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Musical Instruments - Global Market Trajectory & Analytics

  • ID: 338780
  • Report
  • July 2020
  • Region: Global
  • 211 Pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • Gibson Brands
  • Roland Corporation
  • Steinway & Sons
  • Yamaha Music Europe GMBH
  • MORE
Global Musical Instruments Market to Reach US$18 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Musical Instruments estimated at US$16 Billion in the year 2020, is projected to reach a revised size of US$18 Billion by 2027, growing at a CAGR of 1.7% over the analysis period 2020-2027.Public Address Equipment, one of the segments analyzed in the report, is projected to grow at a 2.3% CAGR to reach US$6.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the String Instruments segment is readjusted to a revised 1.8% CAGR for the next 7-year period. This segment currently accounts for a 25.9% share of the global Musical Instruments market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 3.5% CAGR for the Period of 2020-2027

The Musical Instruments market in the U. S. is estimated at US$4.3 Billion in the year 2020. The country currently accounts for a 27.08% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.5 Billion in the year 2027 trailing a CAGR of 3.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.6% CAGR while Rest of European market (as defined in the study) will reach US$3.5 Billion by the year 2027.

Keyboards Segment Corners a 21.6% Share in 2020

In the global Keyboards segment, USA, Canada, Japan, China and Europe will drive the 1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.6 Billion in the year 2020 will reach a projected size of US$2.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.4 Billion by the year 2027, while Latin America will expand at a 1.9% CAGR through the analysis period. The publisher brings years of research experience to this 18th edition of our report. The 211-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Fender Musical Instruments Corporation
  • Gibson Brands, Inc.
  • Roland Corporation
  • Steinway & Sons
  • Yamaha Music Europe GmbH

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Gibson Brands
  • Roland Corporation
  • Steinway & Sons
  • Yamaha Music Europe GMBH
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of Covid-19 and a Looming Global Recession

Global Competitor Market Shares

Musical Instruments Competitor Market Share Scenario Worldwide (in %): 2019 & 2028

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Musical Instruments Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Musical Instruments Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Musical Instruments Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Public Address Equipment (Product) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Public Address Equipment (Product) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Public Address Equipment (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: String Instruments (Product) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: String Instruments (Product) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: String Instruments (Product) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Keyboards (Product) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Keyboards (Product) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Keyboards (Product) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Other Products (Product) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 14: Other Products (Product) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 15: Other Products (Product) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Musical Instruments Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 16: United States Musical Instruments Market Estimates and Projections in US$ Million by Product: 2020 to 2027
TABLE 17: Musical Instruments Market in the United States by Product: A Historic Review in US$ Million for 2012-2019
TABLE 18: United States Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

CANADA

TABLE 19: Canadian Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
TABLE 20: Canadian Musical Instruments Historic Market Review by Product in US$ Million: 2012-2019
TABLE 21: Musical Instruments Market in Canada: Percentage Share Breakdown of Sales by Product for 2012, 2020, and 2027

JAPAN

TABLE 22: Japanese Market for Musical Instruments: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
TABLE 23: Musical Instruments Market in Japan: Historic Sales Analysis in US$ Million by Product for the Period 2012-2019
TABLE 24: Japanese Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

CHINA

TABLE 25: Chinese Musical Instruments Market Growth Prospects in US$ Million by Product for the Period 2020-2027
TABLE 26: Musical Instruments Historic Market Analysis in China in US$ Million by Product: 2012-2019
TABLE 27: Chinese Musical Instruments Market by Product: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Musical Instruments Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 28: European Musical Instruments Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 29: Musical Instruments Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 30: European Musical Instruments Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 31: European Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020-2027
TABLE 32: Musical Instruments Market in Europe in US$ Million by Product: A Historic Review for the Period 2012-2019
TABLE 33: European Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

FRANCE

TABLE 34: Musical Instruments Market in France by Product: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 35: French Musical Instruments Historic Market Scenario in US$ Million by Product: 2012-2019
TABLE 36: French Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

GERMANY

TABLE 37: Musical Instruments Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 38: German Musical Instruments Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 39: German Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

ITALY

TABLE 40: Italian Musical Instruments Market Growth Prospects in US$ Million by Product for the Period 2020-2027
TABLE 41: Musical Instruments Historic Market Analysis in Italy in US$ Million by Product: 2012-2019
TABLE 42: Italian Musical Instruments Market by Product: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 43: United Kingdom Market for Musical Instruments: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
TABLE 44: Musical Instruments Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product for the Period 2012-2019
TABLE 45: United Kingdom Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

SPAIN

TABLE 46: Spanish Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
TABLE 47: Spanish Musical Instruments Historic Market Review by Product in US$ Million: 2012-2019
TABLE 48: Musical Instruments Market in Spain: Percentage Share Breakdown of Sales by Product for 2012, 2020, and 2027

RUSSIA

TABLE 49: Russian Musical Instruments Market Estimates and Projections in US$ Million by Product: 2020 to 2027
TABLE 50: Musical Instruments Market in Russia by Product: A Historic Review in US$ Million for 2012-2019
TABLE 51: Russian Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 52: Rest of Europe Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020-2027
TABLE 53: Musical Instruments Market in Rest of Europe in US$ Million by Product: A Historic Review for the Period 2012-2019
TABLE 54: Rest of Europe Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 55: Asia-Pacific Musical Instruments Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 56: Musical Instruments Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 57: Asia-Pacific Musical Instruments Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 58: Musical Instruments Market in Asia-Pacific by Product: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 59: Asia-Pacific Musical Instruments Historic Market Scenario in US$ Million by Product: 2012-2019
TABLE 60: Asia-Pacific Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 61: Musical Instruments Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 62: Australian Musical Instruments Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 63: Australian Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

INDIA

TABLE 64: Indian Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
TABLE 65: Indian Musical Instruments Historic Market Review by Product in US$ Million: 2012-2019
TABLE 66: Musical Instruments Market in India: Percentage Share Breakdown of Sales by Product for 2012, 2020, and 2027

SOUTH KOREA

TABLE 67: Musical Instruments Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 68: South Korean Musical Instruments Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 69: Musical Instruments Market Share Distribution in South Korea by Product: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 70: Rest of Asia-Pacific Market for Musical Instruments: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
TABLE 71: Musical Instruments Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product for the Period 2012-2019
TABLE 72: Rest of Asia-Pacific Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 73: Latin American Musical Instruments Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 74: Musical Instruments Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 75: Latin American Musical Instruments Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 76: Latin American Musical Instruments Market Growth Prospects in US$ Million by Product for the Period 2020-2027
TABLE 77: Musical Instruments Historic Market Analysis in Latin America in US$ Million by Product: 2012-2019
TABLE 78: Latin American Musical Instruments Market by Product: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 79: Argentinean Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020-2027
TABLE 80: Musical Instruments Market in Argentina in US$ Million by Product: A Historic Review for the Period 2012-2019
TABLE 81: Argentinean Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

BRAZIL

TABLE 82: Musical Instruments Market in Brazil by Product: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 83: Brazilian Musical Instruments Historic Market Scenario in US$ Million by Product: 2012-2019
TABLE 84: Brazilian Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

MEXICO

TABLE 85: Musical Instruments Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 86: Mexican Musical Instruments Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 87: Mexican Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 88: Rest of Latin America Musical Instruments Market Estimates and Projections in US$ Million by Product: 2020 to 2027
TABLE 89: Musical Instruments Market in Rest of Latin America by Product: A Historic Review in US$ Million for 2012-2019
TABLE 90: Rest of Latin America Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 91: The Middle East Musical Instruments Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 92: Musical Instruments Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 93: The Middle East Musical Instruments Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 94: The Middle East Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
TABLE 95: The Middle East Musical Instruments Historic Market by Product in US$ Million: 2012-2019
TABLE 96: Musical Instruments Market in the Middle East: Percentage Share Breakdown of Sales by Product for 2012,2020, and 2027

IRAN

TABLE 97: Iranian Market for Musical Instruments: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
TABLE 98: Musical Instruments Market in Iran: Historic Sales Analysis in US$ Million by Product for the Period 2012-2019
TABLE 99: Iranian Musical Instruments Market Share Analysis by Product: 2012 VS 2020 VS 2027

ISRAEL

TABLE 100: Israeli Musical Instruments Market Estimates and Forecasts in US$ Million by Product: 2020-2027
TABLE 101: Musical Instruments Market in Israel in US$ Million by Product: A Historic Review for the Period 2012-2019
TABLE 102: Israeli Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 103: Saudi Arabian Musical Instruments Market Growth Prospects in US$ Million by Product for the Period 2020-2027
TABLE 104: Musical Instruments Historic Market Analysis in Saudi Arabia in US$ Million by Product: 2012-2019
TABLE 105: Saudi Arabian Musical Instruments Market by Product: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 106: Musical Instruments Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 107: United Arab Emirates Musical Instruments Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 108: Musical Instruments Market Share Distribution in United Arab Emirates by Product: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 109: Musical Instruments Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 110: Rest of Middle East Musical Instruments Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 111: Rest of Middle East Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

AFRICA

TABLE 112: African Musical Instruments Market Estimates and Projections in US$ Million by Product: 2020 to 2027
TABLE 113: Musical Instruments Market in Africa by Product: A Historic Review in US$ Million for 2012-2019
TABLE 114: African Musical Instruments Market Share Breakdown by Product: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 67

Note: Product cover images may vary from those shown
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  • Fender Musical Instruments
  • Gibson Brands
  • Roland Corporation
  • Steinway & Sons
  • Yamaha Music Europe GMBH
Note: Product cover images may vary from those shown
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