The global Electronic Musical Instruments market size was valued at US$ million in 2023. With growing demand in downstream market, the Electronic Musical Instruments is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Electronic Musical Instruments market. Electronic Musical Instruments are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Electronic Musical Instruments. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Electronic Musical Instruments market.
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.
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.
Key Features:
The report on Electronic Musical Instruments market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Electronic Musical Instruments market. It may include historical data, market segmentation by Type (e.g., Electric Piano, Electronic Organ), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Electronic Musical Instruments market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Electronic Musical Instruments market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Electronic Musical Instruments industry. This include advancements in Electronic Musical Instruments technology, Electronic Musical Instruments new entrants, Electronic Musical Instruments new investment, and other innovations that are shaping the future of Electronic Musical Instruments.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Electronic Musical Instruments market. It includes factors influencing customer ' purchasing decisions, preferences for Electronic Musical Instruments product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Electronic Musical Instruments market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Electronic Musical Instruments market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Electronic Musical Instruments market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Electronic Musical Instruments industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Electronic Musical Instruments market.
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.
Segmentation by type
Electric Piano
Electronic Organ
Electric Guitar/Electric Bass
Electronic Drum
Electronic Synthesizer
Others
Segmentation by application
Band Use
Home Use
Teaching Use
Others
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Musical Instruments market?
What factors are driving Electronic Musical Instruments market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Musical Instruments market opportunities vary by end market size?
How does Electronic Musical Instruments break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electronic Musical Instruments Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Electronic Musical Instruments by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Electronic Musical Instruments by Country/Region, 2019, 2023 & 2030
2.2 Electronic Musical Instruments Segment by Type
2.2.1 Electric Piano
2.2.2 Electronic Organ
2.2.3 Electric Guitar/Electric Bass
2.2.4 Electronic Drum
2.2.5 Electronic Synthesizer
2.2.6 Others
2.3 Electronic Musical Instruments Sales by Type
2.3.1 Global Electronic Musical Instruments Sales Market Share by Type (2019-2024)
2.3.2 Global Electronic Musical Instruments Revenue and Market Share by Type (2019-2024)
2.3.3 Global Electronic Musical Instruments Sale Price by Type (2019-2024)
2.4 Electronic Musical Instruments Segment by Application
2.4.1 Band Use
2.4.2 Home Use
2.4.3 Teaching Use
2.4.4 Others
2.5 Electronic Musical Instruments Sales by Application
2.5.1 Global Electronic Musical Instruments Sale Market Share by Application (2019-2024)
2.5.2 Global Electronic Musical Instruments Revenue and Market Share by Application (2019-2024)
2.5.3 Global Electronic Musical Instruments Sale Price by Application (2019-2024)
3 Global Electronic Musical Instruments by Company
3.1 Global Electronic Musical Instruments Breakdown Data by Company
3.1.1 Global Electronic Musical Instruments Annual Sales by Company (2019-2024)
3.1.2 Global Electronic Musical Instruments Sales Market Share by Company (2019-2024)
3.2 Global Electronic Musical Instruments Annual Revenue by Company (2019-2024)
3.2.1 Global Electronic Musical Instruments Revenue by Company (2019-2024)
3.2.2 Global Electronic Musical Instruments Revenue Market Share by Company (2019-2024)
3.3 Global Electronic Musical Instruments Sale Price by Company
3.4 Key Manufacturers Electronic Musical Instruments Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Electronic Musical Instruments Product Location Distribution
3.4.2 Players Electronic Musical Instruments Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Electronic Musical Instruments by Geographic Region
4.1 World Historic Electronic Musical Instruments Market Size by Geographic Region (2019-2024)
4.1.1 Global Electronic Musical Instruments Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Electronic Musical Instruments Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Electronic Musical Instruments Market Size by Country/Region (2019-2024)
4.2.1 Global Electronic Musical Instruments Annual Sales by Country/Region (2019-2024)
4.2.2 Global Electronic Musical Instruments Annual Revenue by Country/Region (2019-2024)
4.3 Americas Electronic Musical Instruments Sales Growth
4.4 APAC Electronic Musical Instruments Sales Growth
4.5 Europe Electronic Musical Instruments Sales Growth
4.6 Middle East & Africa Electronic Musical Instruments Sales Growth
5 Americas
5.1 Americas Electronic Musical Instruments Sales by Country
5.1.1 Americas Electronic Musical Instruments Sales by Country (2019-2024)
5.1.2 Americas Electronic Musical Instruments Revenue by Country (2019-2024)
5.2 Americas Electronic Musical Instruments Sales by Type
5.3 Americas Electronic Musical Instruments Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Electronic Musical Instruments Sales by Region
6.1.1 APAC Electronic Musical Instruments Sales by Region (2019-2024)
6.1.2 APAC Electronic Musical Instruments Revenue by Region (2019-2024)
6.2 APAC Electronic Musical Instruments Sales by Type
6.3 APAC Electronic Musical Instruments Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Electronic Musical Instruments by Country
7.1.1 Europe Electronic Musical Instruments Sales by Country (2019-2024)
7.1.2 Europe Electronic Musical Instruments Revenue by Country (2019-2024)
7.2 Europe Electronic Musical Instruments Sales by Type
7.3 Europe Electronic Musical Instruments Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Electronic Musical Instruments by Country
8.1.1 Middle East & Africa Electronic Musical Instruments Sales by Country (2019-2024)
8.1.2 Middle East & Africa Electronic Musical Instruments Revenue by Country (2019-2024)
8.2 Middle East & Africa Electronic Musical Instruments Sales by Type
8.3 Middle East & Africa Electronic Musical Instruments Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Electronic Musical Instruments
10.3 Manufacturing Process Analysis of Electronic Musical Instruments
10.4 Industry Chain Structure of Electronic Musical Instruments
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Electronic Musical Instruments Distributors
11.3 Electronic Musical Instruments Customer
12 World Forecast Review for Electronic Musical Instruments by Geographic Region
12.1 Global Electronic Musical Instruments Market Size Forecast by Region
12.1.1 Global Electronic Musical Instruments Forecast by Region (2025-2030)
12.1.2 Global Electronic Musical Instruments Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Electronic Musical Instruments Forecast by Type
12.7 Global Electronic Musical Instruments Forecast by Application
13 Key Players Analysis
13.1 Yamaha
13.1.1 Yamaha Company Information
13.1.2 Yamaha Electronic Musical Instruments Product Portfolios and Specifications
13.1.3 Yamaha Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Yamaha Main Business Overview
13.1.5 Yamaha Latest Developments
13.2 Guangzhou Pearl River Piano Group Co., Ltd.
13.2.1 Guangzhou Pearl River Piano Group Co., Ltd. Company Information
13.2.2 Guangzhou Pearl River Piano Group Co., Ltd. Electronic Musical Instruments Product Portfolios and Specifications
13.2.3 Guangzhou Pearl River Piano Group Co., Ltd. Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Guangzhou Pearl River Piano Group Co., Ltd. Main Business Overview
13.2.5 Guangzhou Pearl River Piano Group Co., Ltd. Latest Developments
13.3 Ringway Tech. (Jiangsu) Co., Ltd.
13.3.1 Ringway Tech. (Jiangsu) Co., Ltd. Company Information
13.3.2 Ringway Tech. (Jiangsu) Co., Ltd. Electronic Musical Instruments Product Portfolios and Specifications
13.3.3 Ringway Tech. (Jiangsu) Co., Ltd. Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Ringway Tech. (Jiangsu) Co., Ltd. Main Business Overview
13.3.5 Ringway Tech. (Jiangsu) Co., Ltd. Latest Developments
13.4 Beijing Hsinghai Piano Group Limited
13.4.1 Beijing Hsinghai Piano Group Limited Company Information
13.4.2 Beijing Hsinghai Piano Group Limited Electronic Musical Instruments Product Portfolios and Specifications
13.4.3 Beijing Hsinghai Piano Group Limited Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Beijing Hsinghai Piano Group Limited Main Business Overview
13.4.5 Beijing Hsinghai Piano Group Limited Latest Developments
13.5 Shanghai Huaxin Musical Instrument Co., Ltd.
13.5.1 Shanghai Huaxin Musical Instrument Co., Ltd. Company Information
13.5.2 Shanghai Huaxin Musical Instrument Co., Ltd. Electronic Musical Instruments Product Portfolios and Specifications
13.5.3 Shanghai Huaxin Musical Instrument Co., Ltd. Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Shanghai Huaxin Musical Instrument Co., Ltd. Main Business Overview
13.5.5 Shanghai Huaxin Musical Instrument Co., Ltd. Latest Developments
13.6 Gibson Brands
13.6.1 Gibson Brands Company Information
13.6.2 Gibson Brands Electronic Musical Instruments Product Portfolios and Specifications
13.6.3 Gibson Brands Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Gibson Brands Main Business Overview
13.6.5 Gibson Brands Latest Developments
13.7 Medeli Electronics (Shanghai) Co., Ltd.
13.7.1 Medeli Electronics (Shanghai) Co., Ltd. Company Information
13.7.2 Medeli Electronics (Shanghai) Co., Ltd. Electronic Musical Instruments Product Portfolios and Specifications
13.7.3 Medeli Electronics (Shanghai) Co., Ltd. Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Medeli Electronics (Shanghai) Co., Ltd. Main Business Overview
13.7.5 Medeli Electronics (Shanghai) Co., Ltd. Latest Developments
13.8 Roland
13.8.1 Roland Company Information
13.8.2 Roland Electronic Musical Instruments Product Portfolios and Specifications
13.8.3 Roland Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Roland Main Business Overview
13.8.5 Roland Latest Developments
13.9 Wuhan Eleca Electronics Co., Ltd.
13.9.1 Wuhan Eleca Electronics Co., Ltd. Company Information
13.9.2 Wuhan Eleca Electronics Co., Ltd. Electronic Musical Instruments Product Portfolios and Specifications
13.9.3 Wuhan Eleca Electronics Co., Ltd. Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Wuhan Eleca Electronics Co., Ltd. Main Business Overview
13.9.5 Wuhan Eleca Electronics Co., Ltd. Latest Developments
13.10 KORG
13.10.1 KORG Company Information
13.10.2 KORG Electronic Musical Instruments Product Portfolios and Specifications
13.10.3 KORG Electronic Musical Instruments Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 KORG Main Business Overview
13.10.5 KORG Latest Developments
14 Research Findings and Conclusion
*If Applicable.