Music Production Equipment Market Size to Record USD 1.27 Billion Growth, Rising number of music festivals and live events to be a Key Trend – Technavio
NEW YORK, Oct. 10, 2022 /PRNewswire/ — The music production equipment market size is expected to grow by USD 1.27 billion at a CAGR of 2.44 % between 2021 to 2026, according to Technavio’s latest market report. One of the key trends in the music production equipment market includes the rising number of music festivals and live events. The large base of the young population, coupled with a surge in disposable income, has led more people to spend on such live events. Hence, the increasing number of live performances and concerts by musicians, artists, dancers, and comedians will play a major role in driving the growth of the global music production equipment market during the forecast period. Get a comprehensive report summary describing the market size and forecast along with research methodology
Music Production Equipment Market: Vendor Landscape
The music production equipment market is fragmented due to the presence of many global, regional, and local vendors. Vendors are deploying growth strategies such as brand, labor, quality, and innovation to compete in the market. They are also placing a strong emphasis on creating novel products as well as establishing their brands and brand equity.
Music Production Equipment Market: Key Vendor Offering
Audio Technica US Inc. – The company offers Music Production Equipment such as headphones, both wireless and wired.
C. F. Martin and Co. Inc. – The company offers Music Production Equipment such as guitars such as D28 Rich Robinson, D42 specials, and D18 authentic.
D Addario and Co. Inc. – The company offers Music Production Equipment such as Drumsets and drumheads.
Fender Musical Instruments Corp. – The company offers Music Production Equipment such as guitars, Ukuleles, and electric guitars.
Gibson Brands Inc. – The company offers Music Production Equipment such as Humbucker pickups, electric guitar strings, G force chargers, and switches.
Music Production Equipment Market: Major Segmentation
The music production equipment market has been segmented into the type (public address equipment, digital keyboards, studio headphones, DJ gear, and music synthesizers) and geography (APAC, North America, Europe, South America, and Middle East and Africa). By type, the public address equipment will grow during the forecast period with the rising number of live public events and public congregations, which is propelling the demand for public address equipment globally. By geography, APAC will account for 41%% of the market’s growth during the forecast period, with the rising adoption of music production equipment by developing countries, such as India, China, Indonesia, and Thailand, owing to the increasing disposable income, rapid urbanization, and improvements in living standards will facilitate the music production equipment market growth in APAC over the forecast period. To gain insights into the factors impacting the growth of the market
Music Production Equipment Market: Major Growth Drivers
The rising number of musicians and artists is one of the major drivers impacting the music production equipment market growth. The emergence of upcoming musicians and artists has changed the era of music. They are creating and introducing new songs and mixing songs to produce remix tracks. To grab the attention of fans, musicians are also organizing music events through concert promoters or live event organizers. Hence, the rising number of live events is expected to accelerate the demand for music production equipment, which, in turn, will drive the growth of the market.
Reasons to Buy Music Production Equipment Market Report:
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist music production equipment market growth during the next five years
Estimation of the music production equipment market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the music production equipment market across APAC, North America, Europe, South America, and Middle East and Africa
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of music production equipment market vendors
Table of Contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
5.1 Market segments
Exhibit 24: Chart on Type – Market share 2021-2026 (%)
Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type
5.3 Public address equipment – Market size and forecast 2021-2026
Exhibit 28: Chart on Public address equipment – Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Public address equipment – Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Public address equipment – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Public address equipment – Year-over-year growth 2021-2026 (%)
5.4 Digital keyboards – Market size and forecast 2021-2026
Exhibit 32: Chart on Digital keyboards – Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on Digital keyboards – Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on Digital keyboards – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Digital keyboards – Year-over-year growth 2021-2026 (%)
5.5 Studio headphones – Market size and forecast 2021-2026
Exhibit 36: Chart on Studio headphones – Market size and forecast 2021-2026 ($ billion)
Exhibit 37: Data Table on Studio headphones – Market size and forecast 2021-2026 ($ billion)
Exhibit 38: Chart on Studio headphones – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Studio headphones – Year-over-year growth 2021-2026 (%)
5.6 DJ gear – Market size and forecast 2021-2026
Exhibit 40: Chart on DJ gear – Market size and forecast 2021-2026 ($ billion)
Exhibit 41: Data Table on DJ gear – Market size and forecast 2021-2026 ($ billion)
Exhibit 42: Chart on DJ gear – Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on DJ gear – Year-over-year growth 2021-2026 (%)
5.7 Music synthesizers – Market size and forecast 2021-2026
Exhibit 44: Chart on Music synthesizers – Market size and forecast 2021-2026 ($ billion)
Exhibit 45: Data Table on Music synthesizers – Market size and forecast 2021-2026 ($ billion)
Exhibit 46: Chart on Music synthesizers – Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Music synthesizers – Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Type
Exhibit 48: Market opportunity by Type ($ billion)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.4 North America – Market size and forecast 2021-2026
Exhibit 58: Chart on North America – Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on North America – Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.5 Europe – Market size and forecast 2021-2026
Exhibit 62: Chart on Europe – Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on Europe – Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.6 South America – Market size and forecast 2021-2026
Exhibit 66: Chart on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 70: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.8 China – Market size and forecast 2021-2026
Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
7.9 US – Market size and forecast 2021-2026
Exhibit 78: Chart on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on US – Year-over-year growth 2021-2026 (%)
7.10 Japan – Market size and forecast 2021-2026
Exhibit 82: Chart on Japan – Market size and forecast 2021-2026 ($ billion)
Exhibit 83: Data Table on Japan – Market size and forecast 2021-2026 ($ billion)
Exhibit 84: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Japan – Year-over-year growth 2021-2026 (%)
7.11 Germany – Market size and forecast 2021-2026
Exhibit 86: Chart on Germany – Market size and forecast 2021-2026 ($ billion)
Exhibit 87: Data Table on Germany – Market size and forecast 2021-2026 ($ billion)
Exhibit 88: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.12 Canada – Market size and forecast 2021-2026
Exhibit 90: Chart on Canada – Market size and forecast 2021-2026 ($ billion)
Exhibit 91: Data Table on Canada – Market size and forecast 2021-2026 ($ billion)
Exhibit 92: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on Canada – Year-over-year growth 2021-2026 (%)
7.13 UK – Market size and forecast 2021-2026
Exhibit 94: Chart on UK – Market size and forecast 2021-2026 ($ billion)
Exhibit 95: Data Table on UK – Market size and forecast 2021-2026 ($ billion)
Exhibit 96: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 97: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.14 Market opportunity by geography
Exhibit 98: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 99: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 100: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 101: Overview on factors of disruption
9.4 Industry risks
Exhibit 102: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 103: Vendors covered
10.2 Market positioning of vendors
Exhibit 104: Matrix on vendor position and classification
10.3 Audio Technica US Inc.
Exhibit 105: Audio Technica US Inc. – Overview
Exhibit 106: Audio Technica US Inc. – Product / Service
Exhibit 107: Audio Technica US Inc. – Key offerings
10.4 C. F. Martin and Co. Inc.
Exhibit 108: C. F. Martin and Co. Inc. – Overview
Exhibit 109: C. F. Martin and Co. Inc. – Product / Service
Exhibit 110: C. F. Martin and Co. Inc. – Key news
Exhibit 111: C. F. Martin and Co. Inc. – Key offerings
10.5 D Addario and Co. Inc.
Exhibit 112: D Addario and Co. Inc. – Overview
Exhibit 113: D Addario and Co. Inc. – Product / Service
Exhibit 114: D Addario and Co. Inc. – Key offerings
10.6 Fender Musical Instruments Corp.
Exhibit 115: Fender Musical Instruments Corp. – Overview
Exhibit 116: Fender Musical Instruments Corp. – Product / Service
Exhibit 117: Fender Musical Instruments Corp. – Key news
Exhibit 118: Fender Musical Instruments Corp. – Key offerings
10.7 Gibson Brands Inc.
Exhibit 119: Gibson Brands Inc. – Overview
Exhibit 120: Gibson Brands Inc. – Product / Service
Exhibit 121: Gibson Brands Inc. – Key news
Exhibit 122: Gibson Brands Inc. – Key offerings
10.8 Kawai Musical Instruments Mfg. Co. Ltd.
Exhibit 123: Kawai Musical Instruments Mfg. Co. Ltd. – Overview
Exhibit 124: Kawai Musical Instruments Mfg. Co. Ltd. – Product / Service
Exhibit 125: Kawai Musical Instruments Mfg. Co. Ltd. – Key offerings
10.9 Roland Corp.
Exhibit 126: Roland Corp. – Overview
Exhibit 127: Roland Corp. – Product / Service
Exhibit 128: Roland Corp. – Key offerings
10.10 Samsung Electronics Co. Ltd.
Exhibit 129: Samsung Electronics Co. Ltd. – Overview
Exhibit 130: Samsung Electronics Co. Ltd. – Business segments
Exhibit 131: Samsung Electronics Co. Ltd. – Key news
Exhibit 132: Samsung Electronics Co. Ltd. – Key offerings
Exhibit 133: Samsung Electronics Co. Ltd. – Segment focus
10.11 Steinway Musical Instruments
Exhibit 134: Steinway Musical Instruments – Overview
Exhibit 135: Steinway Musical Instruments – Product / Service
Exhibit 136: Steinway Musical Instruments – Key offerings
10.12 Yamaha Corp.
Exhibit 137: Yamaha Corp. – Overview
Exhibit 138: Yamaha Corp. – Business segments
Exhibit 139: Yamaha Corp. – Key offerings
Exhibit 140: Yamaha Corp. – Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 141: Inclusions checklist
Exhibit 142: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 143: Currency conversion rates for US$
11.4 Research methodology
Exhibit 144: Research methodology
Exhibit 145: Validation techniques employed for market sizing
Exhibit 146: Information sources
11.5 List of abbreviations
Exhibit 147: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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