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Musical Instrument Manufacturing

Publisher First Research, Inc.
Published Jul 28, 2025
SKU # FRRS20220257

Description

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).

COMPETITIVE LANDSCAPE

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.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include electronic musical instruments which account for about 40% of the industry's revenue, followed by parts and accessories at about 25%. Other products include nonelectronic musical instruments (about 20%), organs, pipe, reed, and other types, and repair services accounting for the rest.

Table of Contents

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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