Musical Instrument Manufacturing

Musical Instrument Manufacturing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry are primarily engaged in the manufacture of musical instruments. Major companies include Fender, Gibson Brands, and Steinway (all based in the US), as well as Pearl River Piano (China), and Roland and Yamaha Corporation (both based in Japan).


Demand is largely driven by consumer income and education demographics. The profitability of individual companies depends on cost efficiencies. Many large companies benefit by offering a wide range of products. Small companies can compete effectively by specializing in high-end or niche instruments. The US musical instrument manufacturing industry is highly concentrated: the 50 largest companies generate about 85% of revenue.


Major products include electronic musical instruments which account for more than 40% of the industry's revenue, followed by parts and accessories at about 30%. Other products include nonelectronic musical instruments (20%), organs, pipe, reed, and other types, and repair services accounting for the rest.

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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