Musical Instruments Report 2020
Statista Consumer Market Outlook - Segment Report
Music, which is an organized melodical conjugation of sounds, is a universal language that appeals to many. The Musical Instruments segment includes various acoustic and electronic or electromechanical musical instruments. In 2023, the segment is forecast to increase to US$41 billion, from approximately US$33 billion in 2019.
What's included?
- Segment Overview Musical Instruments
- Market KPI comparison: Revenue and growth rate
- Regional comparison, including revenue per capita
DescriptionContentTables
The global musical instruments industry is heavily influenced by different cultural tastes in music. The Musical Instruments segment is comprised of musical instruments such as string, wind, electronic and electromechanical musical instruments. Overall, the segment is driven by technological innovations and an increase in online retail. Yamaha Corporation is one of the biggest players in the musical instruments industry. The Musical Instruments segment is the smallest segment of the Toys and Hobby market. Worldwide revenue accruing from this segment is forecast to increase by approximately US$8 billion between 2019 and 2023.
Overview
- Market definition
- Market overview
- Segment overview
- COVID-19 impact
- Revenue share by subsegment
- Top 10 companies by revenue
Regional overview
- Global comparison
- KPI comparison
- Top countries by region
Consumer insights
- Analyst opinion
- COVID-19 impact on eCommerce
- Top eCommerce stores by net sales
Overview
- Worldwide revenue share in 2019
- Worldwide revenue in billion US$
- Top 10 companies by revenue
Regional overview
- Revenue per capita ranking in US$ in 2019
- Revenue share in 2019
- Revenue in billion US$
- Revenue per capita in US$
- Revenue ranking in billion US$ in 2019
- Europe
- Americas
- Asia
- Africa
- Australia & Oceania
- Revenue of the top countries in billion US$
Consumer insights
- Analyst opinion
- Online instead of offline purchases related to the COVID-19 pandemic
- Top eCommerce stores by net sales in 2019
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