Market Overview:
The global music production equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for music synthesizers, DJ gear, studio headphones, digital keyboards and public address equipment among professional and amateur musicians. North America is expected to lead the global music production equipment market in terms of revenue during the forecast period followed by Europe and Asia Pacific. However, Latin America is anticipated to witness highest CAGR due to increasing demand for musical instruments in countries such as Brazil and Mexico.
Product Definition:
Music production equipment is a general term for the hardware and software used by producers to create music. This equipment can include anything from digital audio workstations (DAWs) to microphones and monitors. The purpose of music production equipment is to allow producers to create, edit, and mix music.
Music synthesizers:
Synthesizers are electronic musical instruments that generate sound using various combinations of oscillators, filters and other modulation devices. They can produce a wide variety of sounds ranging from orchestral to noisey. Synthesizers have gained popularity in the music industry as they help create unique melodic lines as well as rhythms with less effort than playing an instrument.
DJ Gear:
The DJ gear and it's usage in music production equipment market is expected to grow at a significant pace over the forecast period. The growth of this market can be attributed to the increasing number of consumers who are shifting from listening to music at home or public spaces to going out there and partying, which has led many clubs or pubs owners to hire a disc jockey (DJ) for their establishment.
Application Insights:
The professional application segment accounted for the largest revenue share of over 60% in 2017. The rising number of live concerts and increasing popularity of music festivals are expected to be the key factors driving the demand for GRPE in this segment over the forecast period. Furthermore, a rise in live album production is further anticipated to contribute towards industry growth.
Amateur applications are expected to witness significant growth owing to an increase in home recording and participation activities at local level bands across various regions including Asia Pacific and Middle East & Africa countries such as South Africa, Saudi Arabia, UAE etc. Moreover, a rise in mobile DJ culture has also contributed significantly towards industry growth by enabling people with disabilities or accessibility issues participate through accessible equipment such as turntables and mixers without assistance from others.
Regional Analysis:
North America dominated the global market in 2017. The U.S., as well as being a leading country in terms of population, is also one of the most influential markets for music across the globe. Major record labels such as Universal Music Group and Sony Corporation have their corporate offices based in this region, which has led to it accounting for a significant share of revenue generated by all segments related to music production equipment globally.
The Asia Pacific regional market is expected to grow at an exponential rate over the forecast period owing to increasing investments made by industry players and introduction of advanced products within this sector catering specifically towards developing economies such as India and China along with other South East Asian countries. Furthermore, growing popularity among amateurs especially youth who prefer using these devices while listening to their favorite songs online or offline will drive growth further over next eight years from 2018 till 2030 AD (Year-on-Date).
Growth Factors:
- Increasing demand for music production equipment from professional and amateur musicians
- Rising popularity of electronic dance music (EDM)
- Proliferation of affordable music production software and hardware
- Growing number of online tutorials and learning resources on music production
- Emergence of new audio technologies that improve the quality and flexibility of music production equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Music Production Equipment Market Research Report
By Type
Music synthesizers, DJ Gear, Studio headphones, Digital keyboards, Public address equipment
By Application
Professional, Amateur
By Companies
Fender Musical Instruments, Gibson Brands, Kawai Musical Instruments, Roland, Steinway & Sons, Yamaha, Audio-Technica, C.F. Martin & Company, D'Addario, Harman International, QRS Music Technology, Sennheiser Electronic, Shure
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Music Production Equipment Market Report Segments:
The global Music Production Equipment market is segmented on the basis of:
Types
Music synthesizers, DJ Gear, Studio headphones, Digital keyboards, Public address equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Professional, Amateur
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fender Musical Instruments
- Gibson Brands
- Kawai Musical Instruments
- Roland
- Steinway & Sons
- Yamaha
- Audio-Technica
- C.F. Martin & Company
- D'Addario
- Harman International
- QRS Music Technology
- Sennheiser Electronic
- Shure
Highlights of The Music Production Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Music synthesizers
- DJ Gear
- Studio headphones
- Digital keyboards
- Public address equipment
- By Application:
- Professional
- Amateur
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Music Production Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Music production equipment is a wide range of tools and devices used in the recording, mixing, and mastering of music. These tools can include audio interfaces, digital audio workstations (DAWs), sound effects processors, mixers, amplifiers/speakers, and more.
Some of the major players in the music production equipment market are Fender Musical Instruments, Gibson Brands, Kawai Musical Instruments, Roland, Steinway & Sons, Yamaha, Audio-Technica, C.F. Martin & Company, D'Addario, Harman International, QRS Music Technology, Sennheiser Electronic, Shure.
The music production equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Music Production Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Music Production Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Music Production Equipment Market - Supply Chain
4.5. Global Music Production Equipment Market Forecast
4.5.1. Music Production Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Music Production Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Music Production Equipment Market Absolute $ Opportunity
5. Global Music Production Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Music Production Equipment Market Size and Volume Forecast by Type
5.3.1. Music synthesizers
5.3.2. DJ Gear
5.3.3. Studio headphones
5.3.4. Digital keyboards
5.3.5. Public address equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Music Production Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Music Production Equipment Market Size and Volume Forecast by Application
6.3.1. Professional
6.3.2. Amateur
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Music Production Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Music Production Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Music Production Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Music Production Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Music Production Equipment Demand Share Forecast, 2019-2026
9. North America Music Production Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Music Production Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Music Production Equipment Market Size and Volume Forecast by Application
9.4.1. Professional
9.4.2. Amateur
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Music Production Equipment Market Size and Volume Forecast by Type
9.7.1. Music synthesizers
9.7.2. DJ Gear
9.7.3. Studio headphones
9.7.4. Digital keyboards
9.7.5. Public address equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Music Production Equipment Demand Share Forecast, 2019-2026
10. Latin America Music Production Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Music Production Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Music Production Equipment Market Size and Volume Forecast by Application
10.4.1. Professional
10.4.2. Amateur
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Music Production Equipment Market Size and Volume Forecast by Type
10.7.1. Music synthesizers
10.7.2. DJ Gear
10.7.3. Studio headphones
10.7.4. Digital keyboards
10.7.5. Public address equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Music Production Equipment Demand Share Forecast, 2019-2026
11. Europe Music Production Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Music Production Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Music Production Equipment Market Size and Volume Forecast by Application
11.4.1. Professional
11.4.2. Amateur
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Music Production Equipment Market Size and Volume Forecast by Type
11.7.1. Music synthesizers
11.7.2. DJ Gear
11.7.3. Studio headphones
11.7.4. Digital keyboards
11.7.5. Public address equipment
11.8. Basi Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Music Production Equipment Demand Share, 2019-2026
12. Asia Pacific Music Production Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Music Production Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Music Production Equipment Market Size and Volume Forecast by Application
12.4.1. Professional
12.4.2. Amateur
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Music Production Equipment Market Size and Volume Forecast by Type
12.7.1. Music synthesizers
12.7.2. DJ Gear
12.7.3. Studio headphones
12.7.4. Digital keyboards
12.7.5. Public address equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Music Production Equipment Demand Share, 2019-2026
13. Middle East & Africa Music Production Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Music Production Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Music Production Equipment Market Size and Volume Forecast by Application
13.4.1. Professional
13.4.2. Amateur
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Music Production Equipment Market Size and Volume Forecast by Type
13.7.1. Music synthesizers
13.7.2. DJ Gear
13.7.3. Studio headphones
13.7.4. Digital keyboards
13.7.5. Public address equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Music Production Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Music Production Equipment Market: Market Share Analysis
14.2. Music Production Equipment Distributors and Customers
14.3. Music Production Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fender Musical Instruments
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gibson Brands
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kawai Musical Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Roland
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Steinway & Sons
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yamaha
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Audio-Technica
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. C.F. Martin & Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. D'Addario
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Harman International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. QRS Music Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sennheiser Electronic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shure
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
