Percussion Market Scope, Product Analysis and Industry Outlook by 2025
Percussion instruments are instruments which are played by shaking or hitting. There are many different kinds of percussion instruments. There is significant market concentration at the top of the industry as the 16 largest companies control more than 85 percent of the market from a revenue standpoint. Large companies include Gretsch Drums, Ludwig Drums and Remo.
Lower-cost instruments are often made on assembly lines, while higher-quality instruments are produced at clusters of workstations. Typical tools include CNC drilling machine, Drum circle molding machine and Shell core machine, etc. Production involves manufacture of components and final assembly. Components, especially electronics, are often bought from other manufacturers. Technology is used in automation of assembly lines and through the use of computer-controlled machine tools. Computer systems are used in distribution to dealers and to manage inventory. Large retail chains require manufacturers to use business-to-business electronic ordering and purchasing systems.
North America is the largest domestic producer of percussion instruments, the industry is also concentrated in Japan. Major customers are music distributors, music retailers, schools, and professional artists. Depending on the customer, sales are handled by independent dealers, retail showrooms, an internal sales force, or telemarketing.
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The global Percussion Instrument market is valued at 520 million US$ in 2017 and will reach 580 million US$ by the end of 2025, growing at a CAGR of 1.3% during 2018-2025.
The major manufacturers covered in this report
Fibes Drum Company
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Traditional Percussion Instrument
Electronic Percussion Instrument
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
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In this study, the years considered to estimate the market size of Percussion Instrument are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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