Global Smart Musical Instruments Market 2022-2026

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	120 Pages	TechNavio	February, 2022	INF16984120

Best Price Guarantee
Price	from $2,500
Length	120 Pages
Publisher	TechNavio
Published Date	February, 2022
SKU	INF16984120

Global Smart Musical Instruments Market 2022-2026

Technavio has been monitoring the smart musical instruments market and it is poised to grow by $ 15.73 mn during 2022-2026, progressing at a CAGR of 4.43% during the forecast period. Our report on the smart musical instruments market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in the penetration of motion sensors and surge in sales through online distribution channels. In addition, the increase in the penetration of motion sensors is anticipated to boost the growth of the market as well.

The smart musical instruments market analysis includes technology and end-user segments and geographic landscape.

Technavio's smart musical instruments market is segmented as below:

By Technology
Connected instruments
Wearables
By End-user
Professionals
Hobbyists
By Geography
North America
APAC
Europe
South America
MEA

This study identifies the increasing adoption of smart musical instruments as they enable faster learningas one of the prime reasons driving the smart musical instruments market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart musical instruments market covers the following areas:

Smart musical instruments market sizing
Smart musical instruments market forecast
Smart musical instruments market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart musical instruments market vendors that include Artiphon Inc., CME PTE. LTD., HyVibe, Kawai Musical Instruments Mfg. Co. Ltd., Kurv Music Ltd., The ONE Music Group, TZM Creative Lab, Xiaomi Corp., Yamaha Corp., and Zivix LLC. Also, the smart musical instruments market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Artiphon Inc., CME PTE. LTD., HyVibe, Kawai Musical Instruments Mfg. Co. Ltd., Kurv Music Ltd. , The ONE Music Group, TZM Creative Lab, Xiaomi Corp., Yamaha Corp., Zivix LLC

Executive Summary
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market characteristics
- Value chain analysis
  - Table Value chain analysis
  - Inputs
  - Inbound logistics
  - Operations
  - Outbound logistics
  - Marketing and sales
  - Service
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
  - Table Global - Market size and forecast 2021 - 2026 ($ million)
  - Table Global market: Year-over-year growth 2021 - 2026 (%)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis 2021 & 2026
- Bargaining power of buyers
  - Table Bargaining power of buyers
- Bargaining power of suppliers
  - Table Bargaining power of suppliers
- Threat of new entrants
  - Table Threat of new entrants
- Threat of substitutes
  - Table Threat of substitutes
- Threat of rivalry
  - Table Threat of rivalry
- Market condition
  - Table Market condition - Five forces 2021
Market Segmentation by Technology
- Market segments
  - Table Technology - Market share 2021-2026 (%)
- Comparison by Technology
  - Table Comparison by Technology
- Connected instruments - Market size and forecast 2021- 2026
  - Table Connected instruments - Market size and forecast 2021-2026 ($ million)
  - Table Connected instruments - Year-over-year growth 2021-2026 (%)
- Wearables - Market size and forecast 2021-2026
  - Table Wearables - Market size and forecast 2021-2026 ($ million)
  - Table Wearables - Year-over-year growth 2021-2026 (%)
- Market opportunity by Technology
  - Table Market opportunity by Technology
Market Segmentation by End-user
- Market segments
  - Table End-user - Market share 2021-2026 (%)
- Comparison by End-user
  - Table Comparison by End-user
- Professionals - Market size and forecast 2021-2026
  - Table Professionals - Market size and forecast 2021-2026 ($ million)
  - Table Professionals - Year-over-year growth 2021-2026 (%)
- Hobbyists - Market size and forecast 2021-2026
  - Table Hobbyists - Market size and forecast 2021-2026 ($ million)
  - Table Hobbyists - Year-over-year growth 2021-2026 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user
Customer landscape
- Table Customer landscape
Geographic Landscape
- Geographic segmentation
  - Table Market share by geography 2021-2026 (%)
- Geographic comparison
  - Table Geographic comparison
- North America - Market size and forecast 2021-2026
  - Table North America - Market size and forecast 2021-2026 ($ million)
  - Table North America - Year-over-year growth 2021-2026 (%)
- APAC - Market size and forecast 2021-2026
  - Table APAC - Market size and forecast 2021-2026 ($ million)
  - Table APAC - Year-over-year growth 2021-2026 (%)
- Europe - Market size and forecast 2021-2026
  - Table Europe - Market size and forecast 2021-2026 ($ million)
  - Table Europe - Year-over-year growth 2021-2026 (%)
- South America - Market size and forecast 2021-2026
  - Table South America - Market size and forecast 2021-2026 ($ million)
  - Table South America - Year-over-year growth 2021-2026 (%)
- MEA - Market size and forecast 2021-2026
  - Table MEA - Market size and forecast 2021-2026 ($ million)
  - Table MEA - Year-over-year growth 2021-2026 (%)
- Key leading countries
  - Table Key leading countries
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increase in the penetration of motion sensors
  - Surge in sales through online distribution channel
  - Increasing adoption of smart musical instruments as they enable faster learning
- Market challenges
  - High cost of smart musical instruments
  - Strong competition from traditional musical instruments
  - Nascent stage of the market
    - Table Impact of drivers and challenges
- Market trends
  - Penetration of AI in musical instruments
  - Importance of music in education
  - Increasing consumer spending on music-related activities
Vendor Landscape
- Competitive Scenario
- Vendor Landscape
  - Table Vendor landscape
- Landscape disruption
  - Table Landscape disruption
  - Table Industry risks
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Market positioning of vendors
- Artiphon Inc.
  - Table Artiphon Inc. - Overview
  - Table Artiphon Inc. - Product and service
  - Table Artiphon Inc. - Key offerings
- CME PTE. LTD.
  - Table CME PTE. LTD. - Overview
  - Table CME PTE. LTD. - Product and service
  - Table CME PTE. LTD. - Key offerings
- HyVibe
  - Table HyVibe - Overview
  - Table HyVibe - Product and service
  - Table HyVibe - Key offerings
- Kawai Musical Instruments Mfg. Co. Ltd.
  - Table Kawai Musical Instruments Mfg. Co. Ltd. - Overview
  - Table Kawai Musical Instruments Mfg. Co. Ltd. - Product and service
  - Table Kawai Musical Instruments Mfg. Co. Ltd. - Key offerings
- Kurv Music Ltd.
  - Table Kurv Music Ltd. - Overview
  - Table Kurv Music Ltd. - Product and service
  - Table Kurv Music Ltd. - Key offerings
- The ONE Music Group
  - Table The ONE Music Group - Overview
  - Table The ONE Music Group - Product and service
  - Table The ONE Music Group - Key offerings
- TZM Creative Lab
  - Table TZM Creative Lab - Overview
  - Table TZM Creative Lab - Product and service
  - Table TZM Creative Lab - Key offerings
- Xiaomi Corp.
  - Table Xiaomi Corp. - Overview
  - Table Xiaomi Corp. - Business segments
  - Table Xiaomi Corp. - Key offerings
  - Table Xiaomi Corp. - Segment focus
- Yamaha Corp.
  - Table Yamaha Corp. - Overview
  - Table Yamaha Corp. - Business segments
  - Table Yamaha Corp. - Key offerings
  - Table Yamaha Corp. - Segment focus
- Zivix LLC
  - Table Zivix LLC - Overview
  - Table Zivix LLC - Product and service
  - Table Zivix LLC - Key offerings
Appendix
- Scope of the report
  - Definition
  - Objectives
  - Notes and caveats
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research Methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations