Global Musical Instruments Market 2016-2020

  • ID: 3883950
  • Report
  • Region: Global
  • 68 pages
  • TechNavio
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FEATURED COMPANIES

  • and Shure.
  • C.F. Martin & Company
  • ender Musical Instruments
  • Harman International
  • QRS Music Technology
  • Sennheiser Electronic
  • MORE
About Musical Instruments

Musical instruments refer to tools or devices that are used to create musical sounds. Musical instruments are made up of materials such as wood, metal, string, and non-durable materials. Some of the most commonly used musical instruments are guitar, piano, wind instruments, keyboard, and percussion.

The analysts forecast the global musical instrument market to grow by revenue surpassing USD 18 billion during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global musical instrument market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of musical instruments worldwide.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Musical Instrument Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Fender Musical Instruments
- Gibson Brands
- Kawai Musical Instruments
- Roland
- Steinway & Sons
- Yamaha

Other prominent vendors
- Audio-Technica
- C.F. Martin & Company
- D'Addario
- Harman International
- QRS Music Technology
- Sennheiser Electronic
- Shure

Market drivers
- Introduction of new musical products
- For a full, detailed list, view the full report

Market challenges
- Increasing use of mobile devices
- For a full, detailed list, view the full report

Market trends
- Growing popularity of online retail
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • and Shure.
  • C.F. Martin & Company
  • ender Musical Instruments
  • Harman International
  • QRS Music Technology
  • Sennheiser Electronic
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Base year
  • Summation errors
  • Definitions
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global musical instrument market by product type
  • Public address equipment
  • String instruments
  • Keyboards
  • Pianos
  • Percussion instruments
  • Wind instruments
  • DJ Gear
  • Musical synthesizers
PART 07: Geographical segmentation
  • Global musical instrument market by geography
  • Musical instrument market in Americas
  • Musical instrument market in APAC
  • Musical instrument market in EMEA
PART 08: Key leading countries
  • Key leading countries in global musical instrument market
PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Segmentation of global music instrument market by type
Exhibit 03: Global musical instrument market 2010-2020 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global musical instrument market by type in 2015 and 2020
Exhibit 06: Global musical instrument market by public address equipment 2010-2020 ($ billions)
Exhibit 07: Revenue generated through concerts globally 2010-2020 ($ billions)
Exhibit 08: Public address equipment segment by microphone 2010-2020 ($ billions)
Exhibit 09: Public address equipment segment by amplifiers2010-2020 ($ millions)
Exhibit 10: Global musical instrument market by string instrument 2010-2020 ($ billions)
Exhibit 11: Global string instrument segment by acoustic string instrument 2010-2020 ($ billions)
Exhibit 12: Global string instrument segment by electric string instrument 2010-2020 ($ billions)
Exhibit 13: Global musical instrument market by keyboard 2010-2020 ($ billions)
Exhibit 14: Global musical instrument market by piano 2010-2020 ($ billions)
Exhibit 15: Global piano segment by acoustic piano 2010-2020 ($ billions)
Exhibit 16: Market share of grand pianos and upright pianos 2015
Exhibit 17: Global piano segment by digital piano 2010-2020 ($ millions)
Exhibit 18: Global piano market by electric piano 2010-2020 ($ millions)
Exhibit 19: Global musical instrument market by percussion instrument 2010-2020 ($ billions)
Exhibit 20: Global percussion market by electric percussion instrument 2010-2020 ($ billions)
Exhibit 21: Global percussion market by acoustic percussion instrument 2010-2020 ($ millions)
Exhibit 22: Global musical instrument market by wind instrument 2010-2020 ($ billions)
Exhibit 23: Global musical instrument market by DJ Gear 2010-2020 ($ millions)
Exhibit 24: DJ equipment used by top global DJ artists
Exhibit 25: Global DJ Gear segment by controller 2010-2020 ($ millions)
Exhibit 26: Global DJ Gear segment by mixer 2010-2020 ($ millions)
Exhibit 27: Global DJ Gear segment by media player 2010-2020 ($ millions)
Exhibit 28: Global musical instrument market by synthesizer 2010-2020 ($ millions)
Exhibit 29: Global musical instrument market by geography 2015 and 2020
Exhibit 30: Musical instrument market in Americas 2010-2020 ($ billions)
Exhibit 31: Musical instrument market in APAC 2010-2020 ($ billions)
Exhibit 32: Musical instrument market in EMEA 2010-2020 ($ billions)
Exhibit 33: Share of top 10 countries in global musical instrument market 2015
Exhibit 34: Market share and revenue of top 10 countries in global musical instrument market 2015
Exhibit 35: Independent musicians versus employed musicians 2005 and 2015
Exhibit 36: Impact of drivers
Exhibit 37: Percentage of population taking at least one music class during lifetime 1985-2015
Exhibit 38: Impact of drivers and challenges
Exhibit 39: Other prominent vendors in global musical instrument market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • and Shure.
  • C.F. Martin & Company
  • ender Musical Instruments
  • Harman International
  • QRS Music Technology
  • Sennheiser Electronic
  • MORE
New Report Released: – Global Musical Instrument Market 2016-2020

The author of the report recognizes the following companies as the key players in the global musical instrument market: Fender Musical Instruments, Gibson Brands, Kawai Musical Instruments, Roland, Steinway & Sons, and Yamaha.

Other Prominent Vendors in the market are: Audio-Technica, C.F. Martin & Company, D'Addario, Harman International, QRS Music Technology, Sennheiser Electronic, and Shure.

Commenting on the report, an analyst from the research team said: “Growing popularity of online retail will be a key trend for market growth. With the growing popularity of online retail, numerous musical instruments companies are providing their wide selection through the online space. Companies find the online shopping approach convenient and cost-saving as it allows them to target consumers directly through the web. Some of the popular musical instrument websites are gibson.com, ebay.com, and amazon.com. The accessibility of instruments online and the preference to buy products online will increase during the forecast period with increasing awareness about the internet.”

According to the report, availability of free learning materials on web will be a key driver for market growth. With advances in web technology, a number of online and tutorial sites (such as Justinguitar.com and YouTube.com) use videos, reference articles, and other teaching methodologies to help consumers learn various musical instruments. This has also simplified the learning process for consumers who have busy work schedules and do not find time to join classes despite their passion to learn a musical instrument. This also helps individuals who cannot afford to pay a high fee for traditional music classes by offering courses at no or minimal cost. Hence, the availability of learning materials online encourages consumers to buy musical instruments, driving the market's growth during the forecast period.

Further, the report states that long replacement cycle will be a challenge for the market. The long replacement cycle of musical instruments poses a major challenge to musical instrument vendors. Replacement cycle refers to the period between the purchase and the replacement of a musical instrument. Most musical instruments have long replacement cycles. They can be used for numerous years, and their quality of sound also improves with their age. Furthermore, people tend to purchase an instrument once or twice in their lifetime. They only incur maintenance costs for instruments such as for the replacement of strings in guitars and violin or drumsticks for a drum kit. These costs are low and do not require the user to completely replace the instrument.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- ender Musical Instruments
- Gibson Brands
- Kawai Musical Instruments
- Roland
- Steinway & Sons
- Yamaha
- Audio-Technica
- C.F. Martin & Company
- D'Addario
- Harman International
- QRS Music Technology
- Sennheiser Electronic
- and Shure.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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