NEW YORK, Aug. 5, 2021 /PRNewswire/ -- The musical instrument market is set to grow by USD 807.99 million, progressing at a CAGR of over 2 % during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. C. F. Martin & Co. Inc., Casio Computer Co. Ltd., Fender Musical Instruments Corp., Gibson Brands Inc., HOSHINO GAKKI Co. Ltd., Kawai Musical Instruments Mfg. Co. Ltd., KORG Inc., Roland Corp., Steinway Inc., and Yamaha Corp. are some of the major market participants. The increasing popularity of live musical performances and concerts will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Musical Instrument Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the musical instrument market in the Leisure Products industry include C. F. Martin & Co. Inc., Casio Computer Co. Ltd., Fender Musical Instruments Corp., Gibson Brands Inc., HOSHINO GAKKI Co. Ltd., Kawai Musical Instruments Mfg. Co. Ltd., KORG Inc., Roland Corp., Steinway Inc., and Yamaha Corp. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
Musical Instrument Market size
Musical Instrument Market trends
Musical Instrument Market industry analysis
The increasing popularity of live musical performances and concerts will offer immense growth opportunities. However, the high penetration of mobile devices will hamper the market growth.
Backed with competitive intelligence and benchmarking, our research reports on the musical instrument market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist musical instrument market growth during the next five years
Estimation of the musical instrument market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the musical instrument market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of musical instrument market vendors
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Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020-2025
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product placement
String instruments - Market size and forecast 2020-2025
Pianos and keyboards - Market size and forecast 2020-2025
Drums and percussion instruments - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by Product
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Volume driver - Demand led growth
Market positioning of vendors
C. F. Martin & Co. Inc.
CASIO COMPUTER CO. LTD.
Fender Musical Instruments Corp.
Gibson Brands Inc.
HOSHINO GAKKI Co. Ltd.
Kawai Musical Instruments Manufacturing Co. Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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