The Global Music Synthesizers Market is expected to grow from USD 729.78 Million in 2019 to USD 998.29 Million by 2027, at a CAGR of 3.50% during the forecast period 2020-2027.
Synthesizer are electric signals or synths that are converted to sound using amplifiers and speakers. These synthesizers are used for the composition of electronic music and in live performance. The instrument used are generally played in conjunction with a keyboard. It can also be organized using musical instruments such as guitars, sequencers, drums, and fingerboards. For instance, the most popular synthesizer types can be analog, digital, modular, and virtual synthesizers. As there is a rise in the per capita income of people at present, now they can spend a big chunk of the amount on music concerts and live performances, these factors drive the growth of the global music synthesizer market. The young generation is more inclined towards learning music is another factor driving the market. Today the society has become much more educated and civilized and now realized the importance of sports and music, which will inculcate values in humans and makes a much better person, this has started musical class in better schools as a part of extracurricular activities also fuels the market growth. Moreover, as the market in developed regions is saturated and declining, a major chunk of the overall revenue will come from the developing regions. Technological innovation has played an important role in moderate demand for music synthesizers on a global level. The instruments, which include guitar, wind instruments, digital keyboards, pianos, and PA equipment, are put in local retailers, superstores, and chain stores. Online retailers will play a crucial role in generating new revenue channels.
The Music Synthesizers market has been segmented on the basis of type, application, and region. The type segment includes electric guitar, electric bass, electric keyboards, electric pianos, and DJ gear. Electric Keyboard segment held the largest market share of 31.78% in 2019. The application segment includes general retailers and online. The online segment accounted for the highest market share of 63.45% in 2019. The market has been divided into North America, Europe, South America, MEA, APAC. North America accounted for the highest market share of 43.82% in 2019.
The market is fragmented into key players are Casio Computer Co., Ltd., Korg Inc, Focusrite PLC, and Roland Corporation, among others.
This study forecasts revenue growth at global, regional, and country levels from 2012 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:
Chapter 1 Music Synthesizers Market Introduction
1.3 Research Scope
1.4 Currency and Year consideration
Chapter 2 Executive Summary
2.1 Key Findings by Major Segments
2.2 Global Music Synthesizers Market Revenue by Segment
Chapter 3 Global Music Synthesizers Market Overview
3.1 Music Synthesizers Market Dynamics
3.2 PESTLE Analysis
3.3 Technological Advancement
3.4 PORTER'S Five Forces Analysis
3.5 History of Music Synthesizers
Chapter 4 Global Music Synthesizers Market Analysis And Forecast, By Type
4.1 Global Music Synthesizers Market Analysis by Type: Introduction
4.2 Market Size and Forecast by Region
4.2.1 North America
4.2.3 Asia Pacific
4.2.4 South America
4.2.5 Middle East and Africa
4.3 Electric Guitar
4.4 Electric bass
4.5 Electric Keyboards
4.6 Electric Pianos
4.7 DJ Gear
Chapter 5 Global Music Synthesizers Market Analysis And Forecast, By Application
5.1 Global Music Synthesizers Market Analysis by Application: Introduction
5.2 Market Size and Forecast by Region
5.2.1 North America
5.2.3 Asia Pacific
5.2.4 South America
5.2.5 Middle East and Africa
5.3 General Retailers
Chapter 6 Global Music Synthesizers Market Analysis And Forecast, By Regional Analysis
6.1 Global Music Synthesizers Market Analysis and Forecast, By Region, 2012-2028, Revenue (USD Million) and CAGR, 2019-2028 (%)
6.2 North America
6.2.1 North America Music Synthesizers Market Analysis and Forecast, By Countries, 2012-2028, Revenue (USD Million) and CAGR, 2019-2028, (%)
6.2.2 United States
6.3.1 Europe Music Synthesizers Market Analysis and Forecast, By Countries, 2012-2028, Revenue (USD Million) and CAGR, 2019-2028, (%)
6.3.7 Rest of Europe
6.4.1 APAC Music Synthesizers Market Analysis and Forecast, By Countries, 2012-2028, Revenue (USD Million) and CAGR, 2019-2028, (%)
6.4.2 Southeast Asia
6.4.3 Rest of Asia
6.5 South America
6.5.1 South America Music Synthesizers Market Analysis and Forecast, By Countries, 2012-2028, Revenue (USD Million) and CAGR, 2019-2028, (%)
6.5.4 Rest of South America
6.6 Middle East and Africa
6.6.1 Middle East and Africa Music Synthesizers Market Analysis and Forecast, By Countries, 2012-2028, Revenue (USD Million) and CAGR, 2019-2028, (%)
6.6.3 South Africa
6.6.5 Rest of MEA
Chapter 7 Music Synthesizers Market Competitive Landscape, Market Share Analysis, and Company Profiles
7.1 Market Share Analysis
7.2 Casio Computer Co., Ltd.
7.2.1 Company Overview
7.2.2 Financial Highlights
7.2.3 Representative Music Synthesizers Industry Product
7.2.4 Recent Development
7.2.5 SWOT Analysis
7.3 Korg Inc.
7.3.1 Company Overview
7.3.2 Representative Music Synthesizers Industry Product
7.3.3 Recent Development
7.3.4 SWOT Analysis
7.4 Focusrite PLC
7.4.1 Company Overview
7.4.2 Representative Music Synthesizers Industry Product
7.4.3 Recent Development
7.4.4 SWOT Analysis
7.5 Roland Corporation
7.5.1 Company Overview
7.5.2 Representative Music Synthesizers Industry Product
7.5.3 Recent Development
7.5.4 SWOT Analysis
Chapter 8 Research Methodology and Assumptions
8.1 Research Methodology
8.2 FMR desk research
8.2.1 FMR data synthesis
8.2.2 Data validation and market feedback
8.2.3 FMR data sources
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