Global Musical Instrument Market Analysis & Forecasts 2018-2022, With the Market Value Estimated to Grow at a CAGR of 2.59% - ResearchAndMarkets.com

DUBLIN--()--The "Global Musical Instrument Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global musical instruments market to grow at a CAGR of 2.59% during the period 2018-2022.

Musical instruments are tools or devices that are used to create musical sounds. They are generally made of materials, such as wood, timber, metal, strings and synthetic materials.

The report covers the present scenario and the growth prospects of the global musical instruments market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of musical instruments including string instruments, keyboards, public address equipment, and others.

The latest trend gaining momentum in the market is the rising popularity of online retail and online musical instruments stores. Musical instrument vendors can target their customers through online retailing because of convenience and cost-effectiveness..

One of the major drivers for this market is the increasing popularity of live musical performances and concerts. The willingness to attend live music events instead of listening solely to music releases and recorded music and watching broadcasts on television at home is increasing, in turn, surging the demand for musical instruments.

The report states that one of the major factors hindering the growth of this market is the high costs involved in production of musical instruments. The manufacturing of musical instruments requires various raw materials, such as, wood, metal and synthetic materials derived from petrochemicals. As a result, any increase in the prices of these raw materials will lead to an increase in the manufacturing cost of musical instruments.

Companies Mentioned

  • Fender Musical Instruments
  • Gibson Brands
  • Roland
  • Steinway & Sons
  • Yamaha

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Product

8: Customer Landscape

9: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/wwtxgc/global_musical?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Music

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Music