Press release
Global Electronic Musical Instrument Market Analysis To Grow At CAGR Of 1.80% Over period 2017-2021.
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.
Technavios 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.
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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?
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