Global Electronic Musical Instruments Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electronic Musical Instruments Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An electronic instrument refers to a musical instrument in which a musician triggers an electronic signal by specific means, using electronic synthesis or sampling techniques to make sound through an electroacoustic device, such as an electronic piano, an electric piano, an electronic synthesizer, an electronic drum, etc.

According to our (Global Info Research) latest study, the global Electronic Musical Instruments market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.

With the continuous expansion of the domestic market, local enterprises are becoming more and more mature. Imports are decreasing, and exports are increasing. For the future sales model of electronic instruments in the domestic market, the status quo is basically maintained. In 2017, the number of electronic music users in China reached 290 million, an increase of 45.2 percent over the same period last year; in 2018, it reached 360 million, an increase of 25.2 percent over the same period last year; and by 2020, the number of electronic music users in China is expected to reach 580 million. The electronic music market has just started in China, and the population dividend in China is huge. With the cultivation of users by audio manufacturers, the scale of electronic music users in China will continue to grow. Chinese government has formulated a series of plans to promote music art education and mass cultural entertainment, to promote the prosperity of the music culture market. In the case of good policies, China"s cultural and recreational consumer groups continue to expand. With the continuous improvement of the income level of residents in China, the proportion of basic consumption expenditure such as food, clothing, housing and transportation is gradually reduced, and the growth rate of entertainment consumption expenditure is relatively fast, and the proportion is gradually rising. Under the promotion of favorable policy and rising national entertainment consumption, China"s electronic instrument industry ushered in development opportunities. Under the background of foreign brands entering China, the competition of electronic instrument market is becoming more and more fierce, and the local electronic instrument industry will face greater challenges.

This report is a detailed and comprehensive analysis for global Electronic Musical Instruments market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Electronic Musical Instruments market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Musical Instruments market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Musical Instruments market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Musical Instruments market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electronic Musical Instruments

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electronic Musical Instruments market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yamaha, Guangzhou Pearl River Piano Group Co., Ltd., Ringway Tech. (Jiangsu) Co., Ltd., Beijing Hsinghai Piano Group Limited, Shanghai Huaxin Musical Instrument Co., Ltd., Gibson Brands, Medeli Electronics (Shanghai) Co., Ltd., Roland, Wuhan Eleca Electronics Co., Ltd., KORG, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electronic Musical Instruments market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Electric Piano
Electronic Organ
Electric Guitar/Electric Bass
Electronic Drum
Electronic Synthesizer
Others

Market segment by Application
Band Use
Home Use
Teaching Use
Others

Major players covered
Yamaha
Guangzhou Pearl River Piano Group Co., Ltd.
Ringway Tech. (Jiangsu) Co., Ltd.
Beijing Hsinghai Piano Group Limited
Shanghai Huaxin Musical Instrument Co., Ltd.
Gibson Brands
Medeli Electronics (Shanghai) Co., Ltd.
Roland
Wuhan Eleca Electronics Co., Ltd.
KORG

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronic Musical Instruments product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electronic Musical Instruments, with price, sales quantity, revenue, and global market share of Electronic Musical Instruments from 2019 to 2024.

Chapter 3, the Electronic Musical Instruments competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electronic Musical Instruments breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electronic Musical Instruments market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Musical Instruments.

Chapter 14 and 15, to describe Electronic Musical Instruments sales channel, distributors, customers, research findings and conclusion.