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Global Electronic Musical Instrument Market 2017-2021

About electronic musical instrument

Electronic musical instruments are variants of musical instruments, where the music output is produced from electric input. Despite the high average selling price of these instruments, they are increasingly being adopted. The market is observing a growing number of M&A. Strategic alliances, M&A, and partnerships are corporate strategies that help an enterprise sustain its growth. They are undertaken to increase market share, gain new domain knowledge, enter new markets, lower operation costs, enhance industry know-how, improve profitability, and gain new clients.

Technavio’s analysts forecast the global electronic musical instrument market to grow at a CAGR of 1.80% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electronic musical instrument market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of electronic musical instruments globally.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electronic Musical Instrument Market 2017-2021, 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
  • Denon DJ
  • Fender Musical Instruments
  • Gibson Brands
  • Kawai Musical Instruments
  • Numark Industries
  • Pioneer DJ
  • Roland
  • Steinway & Sons
  • Yamaha
Other prominent vendors
  • Allen & Heath
  • Audio-Technica
  • C.F. Martin & Company
  • D'Addario
  • Focusrite
  • Harman International
  • Hercules
  • Korg
  • QRS Music Technology
  • Reloop
  • Sennheiser Electronic
  • Serato Audio Research
  • Shure
Market driver
  • Rising number of concerts and live performances
  • For a full, detailed list, view our report
Market challenge
  • Long replacement cycle of musical instruments
  • For a full, detailed list, view our report
Market trend
  • Increasing music education in schools
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Electronic Musical Instrument Market 2017-2021

Technavio recognizes the following companies as the key players in the global electronic musical instrument market: Denon DJ, Fender Musical Instruments, Gibson Brands, Kawai Musical Instruments, Numark Industries, Pioneer DJ, Roland, Steinway & Sons, and Yamaha.

Other Prominent Vendors in the market are: Allen & Heath, Audio-Technica, C.F. Martin & Company, D'Addario, Focusrite, Harman International, Hercules, Korg, QRS Music Technology, Reloop, Sennheiser Electronic, Serato Audio Research, and Shure.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing music education in schools. Increasing music education in schools is an important factor that will drive the music market. It helps children develop their music abilities and also helps in the cultivation of new musicians. With busy schedules at schools, children are left with limited time for extracurricular activities such as music.”

According to the report, one of the major drivers for this market is rising number of concerts and live performances. The passion for music among the younger generation has contributed to the growing popularity of concerts and live events. The growing preference for concerts and live performances has led to the formation of many musical bands that perform different types of music, including blues, pop, rock, metal, and electronica.

Further, the report states that the long replacement cycle of musical instruments is a major challenge for musical instrument vendors. The 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 many years, and their quality of sound improves with their age.

Companies Mentioned

Denon DJ, Fender Musical Instruments, Gibson Brands, Kawai Musical Instruments, Numark Industries, Pioneer DJ, Roland, Steinway & Sons, Yamaha, Allen & Heath, Audio-Technica, C.F. Martin & Company, D'Addario, Focusrite, Harman International, Hercules, Korg, QRS Music Technology, Reloop, Sennheiser Electronic, Serato Audio Research, Shure.

  • Executive summary
  • Scope of the report
    • Market overview
    • Base year and forecast period
    • Vendor segmentation
    • Summation errors
    • End-user segments
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
  • Market landscape
    • Market overview
      • Table Overview of global electronic musical instrument market
    • Market size and forecast
      • Table Global electronic musical instrument market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global electronic musical instrument market by type
      • Table Global electronic musical instrument market by type 2016 and 2021 (% share)
    • Global electronic musical instrument market by public address equipment
      • Table Global electronic musical instrument market by public address equipment 2016-2021 ($ billions)
      • Table Revenue generated from live concerts globally 2010-2020 ($ billions)
      • Table Global public address equipment market by microphones 2016-2021 ($ billions)
      • Table Global public address equipment market by amplifiers 2016-2021 ($ millions)
    • Global electronic musical instrument market by digital keyboards
      • Table Global electronic musical instrument market by digital keyboards 2016-2021 ($ billions)
    • Global electronic musical instrument market by string instruments
      • Table Global electronic musical instrument market by string instruments 2016-2021 ($ billions)
    • Global electronic musical instrument market by drums and percussion instruments
      • Table Global electronic musical instrument market by drums and percussion instruments 2016-2021 ($ billions)
    • Global electronic musical instrument market by electric pianos
      • Table Global electronic musical instrument market by electric pianos 2016-2021 ($ millions)
      • Table Global electric piano market by digital pianos 2016-2021 ($ millions)
      • Table Global electric piano market by electronic player pianos 2016-2021 ($ millions)
    • Global electronic musical instrument market by DJ gear
      • Table Global electronic musical instrument market by DJ gear 2016-2021 ($ millions)
      • Table DJ equipment used by top global DJ artists
      • Table Global DJ gear market by controllers 2016-2021 ($ millions)
      • Table Global DJ gear market by mixers 2016-2021 ($ millions)
      • Table Global DJ gear market by media players 2016-2021 ($ millions)
    • Global electronic musical instrument market by music synthesizers
      • Table Global electronic musical instrument market by music synthesizers 2016-2021 ($ millions)
  • Geographical segmentation
    • Global electronic musical instrument market by geography
      • Table Global electronic musical instrument market by geography 2016 and 2021 (% share)
    • Electronic musical instrument market in Americas
      • Table Electronic musical instrument market in Americas 2016-2021 ($ billions)
    • Electronic musical instrument market in EMEA
      • Table Electronic musical instrument market in EMEA 2016-2021 ($ billions)
    • Electronic musical instrument market in APAC
      • Table Electronic musical instrument market in APAC 2016-2021 ($ billions)
  • Key leading countries
    • Key leading countries in global electronic musical instrument market
      • Table Top 10 countries in global electronic musical instrument market 2016 (% share)
      • Table Revenue and market share of top 10 countries in global electronic musical instrument market 2016
    • Electronic musical instrument market in US
      • Table Electronic musical instrument market in US 2016-2021 ($ billions)
    • Electronic musical instrument market in Japan
      • Table Electronic musical instrument market in Japan 2016-2021 ($ billions)
  • Market drivers
    • Table Independent musicians vs. employed musicians 2005 and 2015 (% share)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Key vendors
    • Other prominent vendors
      • Table Other prominent vendors in global electronic musical instrument market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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