Global Percussion Instrument Market Growth 2023-2029

Global Percussion Instrument Market Growth 2023-2029

Percussion instruments are instruments which are played by shaking or hitting. There are many different kinds of percussion instruments.

LPI (LP Information)' newest research report, the “Percussion Instrument Industry Forecast” looks at past sales and reviews total world Percussion Instrument sales in 2022, providing a comprehensive analysis by region and market sector of projected Percussion Instrument sales for 2023 through 2029. With Percussion Instrument sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Percussion Instrument industry.

This Insight Report provides a comprehensive analysis of the global Percussion Instrument landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Percussion Instrument portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Percussion Instrument market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Percussion Instrument and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Percussion Instrument.

The global Percussion Instrument market size is projected to grow from US$ 540 million in 2022 to US$ 593.1 million in 2029; it is expected to grow at a CAGR of 593.1 from 2023 to 2029.

Global Percussion Instrument key players include Gretsch Drums, Ludwig Drums, Remo, Roland, Yamaha, etc. Global top five manufacturers hold a share over 45%.

North America is the largest market, with a share over 30%, followed by China, and Japan, both have a share about 45 percent.

In terms of product, Traditional Percussion Instrument is the largest segment, with a share over 80%. And in terms of application, the largest application is Professional, followed by Amateur, Educational, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Percussion Instrument market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Traditional Percussion Instrument

Electronic Percussion Instrument

Segmentation by application

Professional

Amateur

Educational

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Gretsch Drums

Ludwig Drums

Remo

Roland

Yamaha

Alesis

Ashton Music

Fibes Drum Company

Drum Workshop

Hoshino Gakki

Jupiter Band Instruments

Majestic Percussion

Meinl Percussion

Pearl Musical Instrument

Walberg and Auge

Wang Percussion Instrument

Key Questions Addressed in this Report

What is the 10-year outlook for the global Percussion Instrument market?

What factors are driving Percussion Instrument market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Percussion Instrument market opportunities vary by end market size?

How does Percussion Instrument break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.