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?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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About Electric Guitar An electric guitar is built with a transducer to magnify vibrations of the guitar strings. When the guitar is plugged into an amplifier, the electrical signals generated are boosted by an audio-frequency amplifier and sent to a loudspeaker. The volume and resonance of the guitar are controlled by the player. Special...