Music Synthesizers Market to Record a CAGR of 2.35%, North America to be Largest Contributor to Market Growth – Technavio

NEW YORK, Sept. 26, 2022 /PRNewswire/ — The music synthesizers market is fragmented. Vendors are making use of growth strategies such as portfolio, product differentiation, and pricing to compete in the market. The market is marked by the presence of a large number of vendors. The leading companies are competing to increase their footprint in the global music synthesizers market. The competition in the market is expected to intensify during the forecast period due to the rise in technological innovations. Established vendors are investing in developing, designing, planning, and expanding existing music synthesizers to maintain their positions in the market.

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Technavio has announced its latest market research report titled Global Music Synthesizers Market 2022-2026

The music synthesizers market size is expected to grow by USD 65.16 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 2.35% during the forecast period, according to Technavio.

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Music Synthesizers Market 2022-2026: Scope

The music synthesizers market report covers the following areas:

Music Synthesizers Market 2022-2026: Vendor Analysis

Alphabet Inc., Arturia, Audiotonix Ltd., Casio Computer Co. Ltd., Clavia Digital Musical Instruments AB, Doepfer Musikelektronik GmbH, Elektron Music Machines Mav AB, Focusrite Plc, HYUNDAIYOUNGCHANG Co., KORG Inc., Kurzweil Music Systems, Moog Music Inc., Music Tribe Global Brands Ltd., Sequential LLC, Roland Corp., Synthtopia, teenage engineering ab, Waldorf Music GmbH, The Music Alliance, and Yamaha Corp. are some of the major market participants.

Music Synthesizers Market 2022-2026: Segmentation

Distribution Channel

Offline
Online

Type 

Digital Synthesizers
Analog Synthesizers

Geography 

North America
APAC
Europe
Middle East And Africa
South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Music Synthesizers Market 2022-2026: Revenue-generating Distribution Channel Segments

The offline segment will be the biggest contributor to market growth during the forecast period. Retail stores include brick-and-mortar stores such as music stores, which offer a wide array of music synthesizers. In addition, there are general music stores and specialized music stores in large cities. Such factors will fuel market growth in the coming years.

Music Synthesizers Market 2022-2026: Regional Analysis

North America will be the largest contributor to market growth during the forecast period. The US and Canada are the key countries for the music synthesizers market in the region. However, the North American market will grow at a slower rate than other regions.

Music Synthesizers Market 2022-2026: Key Highlights

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The growth of the music synthesizers market
Analysis of the market’s competitive landscape and detailed information on vendors
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Music Synthesizers Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.35%

Market growth 2022-2026

USD 65.16 million

Market structure

Fragmented

YoY growth (%)

1.9

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 47%

Key consumer countries

US, Canada, Japan, China, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alphabet Inc., Arturia, Audiotonix Ltd., Casio Computer Co. Ltd., Clavia Digital Musical Instruments AB, Doepfer Musikelektronik GmbH, Elektron Music Machines Mav AB, Focusrite Plc, HYUNDAIYOUNGCHANG Co., KORG Inc., Kurzweil Music Systems, Moog Music Inc., Music Tribe Global Brands Ltd., Roland Corp., Sequential LLC, Synthtopia, teenage engineering ab, The Music Alliance, Waldorf Music GmbH, and Yamaha Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Table Of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 14: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 18: Five forces analysis – Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 24: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

5.1 Market segments

Exhibit 25: Chart on Distribution Channel – Market share 2021-2026 (%)
Exhibit 26: Data Table on Distribution Channel – Market share 2021-2026 (%)

5.2 Comparison by Distribution Channel

Exhibit 27: Chart on Comparison by Distribution Channel
Exhibit 28: Data Table on Comparison by Distribution Channel

5.3 Offline – Market size and forecast 2021-2026

Exhibit 29: Chart on Offline – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Offline – Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Offline – Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Offline – Year-over-year growth 2021-2026 (%)

5.4 Online – Market size and forecast 2021-2026

Exhibit 33: Chart on Online – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Online – Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Online – Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Online – Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Distribution Channel

Exhibit 37: Market opportunity by Distribution Channel ($ million)

6 Market Segmentation by Type

6.1 Market segments

Exhibit 38: Chart on Type – Market share 2021-2026 (%)
Exhibit 39: Data Table on Type – Market share 2021-2026 (%)

6.2 Comparison by Type

Exhibit 40: Chart on Comparison by Type
Exhibit 41: Data Table on Comparison by Type

6.3 Digital synthesizers – Market size and forecast 2021-2026

Exhibit 42: Chart on Digital synthesizers – Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Digital synthesizers – Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Digital synthesizers – Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Digital synthesizers – Year-over-year growth 2021-2026 (%)

6.4 Analog synthesizers – Market size and forecast 2021-2026

Exhibit 46: Chart on Analog synthesizers – Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Analog synthesizers – Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Analog synthesizers – Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Analog synthesizers – Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Type

Exhibit 50: Market opportunity by Type ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 52: Chart on Market share by geography 2021-2026 (%)
Exhibit 53: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison

Exhibit 54: Chart on Geographic comparison
Exhibit 55: Data Table on Geographic comparison

8.3 North America – Market size and forecast 2021-2026

Exhibit 56: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 57: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 58: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 59: Data Table on North America – Year-over-year growth 2021-2026 (%)

8.4 APAC – Market size and forecast 2021-2026

Exhibit 60: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 61: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 62: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 63: Data Table on APAC – Year-over-year growth 2021-2026 (%)

8.5 Europe – Market size and forecast 2021-2026

Exhibit 64: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 65: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 66: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 67: Data Table on Europe – Year-over-year growth 2021-2026 (%)

8.6 Middle East and Africa – Market size and forecast 2021-2026

Exhibit 68: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

8.7 South America – Market size and forecast 2021-2026

Exhibit 72: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on South America – Year-over-year growth 2021-2026 (%)

8.8 US – Market size and forecast 2021-2026

Exhibit 76: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on US – Year-over-year growth 2021-2026 (%)

8.9 Japan – Market size and forecast 2021-2026

Exhibit 80: Chart on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on Japan – Year-over-year growth 2021-2026 (%)

8.10 China – Market size and forecast 2021-2026

Exhibit 84: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on China – Year-over-year growth 2021-2026 (%)

8.11 Canada – Market size and forecast 2021-2026

Exhibit 88: Chart on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on Canada – Year-over-year growth 2021-2026 (%)

8.12 Germany – Market size and forecast 2021-2026

Exhibit 92: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on Germany – Year-over-year growth 2021-2026 (%)

8.13 France – Market size and forecast 2021-2026

Exhibit 96: Chart on France – Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on France – Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on France – Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on France – Year-over-year growth 2021-2026 (%)

8.14 Market opportunity by geography

Exhibit 100: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 101: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 102: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 103: Overview on factors of disruption

10.4 Industry risks

Exhibit 104: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 105: Vendors covered

11.2 Market positioning of vendors

Exhibit 106: Matrix on vendor position and classification

11.3 Alphabet Inc.

Exhibit 107: Alphabet Inc. – Overview
Exhibit 108: Alphabet Inc. – Business segments
Exhibit 109: Alphabet Inc. – Key news
Exhibit 110: Alphabet Inc. – Key offerings
Exhibit 111: Alphabet Inc. – Segment focus

11.4 Arturia

Exhibit 112: Arturia – Overview
Exhibit 113: Arturia – Product / Service
Exhibit 114: Arturia – Key offerings

11.5 Audiotonix Ltd.

Exhibit 115: Audiotonix Ltd. – Overview
Exhibit 116: Audiotonix Ltd. – Product / Service
Exhibit 117: Audiotonix Ltd. – Key news
Exhibit 118: Audiotonix Ltd. – Key offerings

11.6 Casio Computer Co. Ltd.

Exhibit 119: Casio Computer Co. Ltd. – Overview
Exhibit 120: Casio Computer Co. Ltd. – Business segments
Exhibit 121: Casio Computer Co. Ltd. – Key news
Exhibit 122: Casio Computer Co. Ltd. – Key offerings
Exhibit 123: Casio Computer Co. Ltd. – Segment focus

11.7 Elektron Music Machines Mav AB

Exhibit 124: Elektron Music Machines Mav AB – Overview
Exhibit 125: Elektron Music Machines Mav AB – Product / Service
Exhibit 126: Elektron Music Machines Mav AB – Key offerings

11.8 Focusrite Plc

Exhibit 127: Focusrite Plc – Overview
Exhibit 128: Focusrite Plc – Business segments
Exhibit 129: Focusrite Plc – Key offerings
Exhibit 130: Focusrite Plc – Segment focus

11.9 KORG Inc.

Exhibit 131: KORG Inc. – Overview
Exhibit 132: KORG Inc. – Product / Service
Exhibit 133: KORG Inc. – Key offerings

11.10 Moog Music Inc.

Exhibit 134: Moog Music Inc. – Overview
Exhibit 135: Moog Music Inc. – Product / Service
Exhibit 136: Moog Music Inc. – Key offerings

11.11 Roland Corp.

Exhibit 137: Roland Corp. – Overview
Exhibit 138: Roland Corp. – Product / Service
Exhibit 139: Roland Corp. – Key offerings

11.12 Yamaha Corp.

Exhibit 140: Yamaha Corp. – Overview
Exhibit 141: Yamaha Corp. – Business segments
Exhibit 142: Yamaha Corp. – Key news
Exhibit 143: Yamaha Corp. – Key offerings
Exhibit 144: Yamaha Corp. – Segment focus

12 Appendix

About Us

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 145: Inclusions checklist
Exhibit 146: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 147: Currency conversion rates for US$

12.4 Research methodology

Exhibit 148: Research methodology
Exhibit 149: Validation techniques employed for market sizing
Exhibit 150: Information sources

12.5 List of abbreviations

Exhibit 151: List of abbreviations

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