NEW YORK, June 10, 2022 /PRNewswire/ — The Music Synthesizers Market size is expected to grow by USD 62.9 million, at a CAGR of 2.33% during the forecast period, according to Technavio. The report is segmented by distribution channel (retail stores and online), type (digital synthesizers and analog synthesizers), and geography (North America, APAC, Europe, MEA, South America, North America, APAC, Europe, MEA, and South America). The report offers an up-to-date analysis and to know the exact growth variance and the Y-O-Y growth rate Request Sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allen & Heath Ltd., Alphabet Inc., Arturia Tous droits réservés, Casio Computer Co. Ltd., Elektron Music Machines Mav AB, Focusrite Plc, KORG Inc., Moog Music Inc., Roland Corp., and Yamaha Corp. are some of the major market participants.
The growth of global music market, growing popularity of hybrid synthesizers, and rise in demand for paraphonic synthesizers will offer immense growth opportunities. However, rise in demand for substitute products, growing preference for DIY synthesizers, increasing availability of pre-used music synthesizers will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Download Sample Report.
Music Synthesizers Market Segmentation
The retail shops sector will gain a considerable proportion of the music synthesizers market. The availability of skilled employees who can provide correct information on the numerous music synthesizer devices on offer is a crucial aspect that contributes to the success of retail outlets. Customers are better able to make informed judgments based on product knowledge as a result of this.
Furthermore, improving economic conditions are encouraging retail sector growth in APAC and South America, among other places, as well as a growing number of multinational merchants looking for growth prospects.
As a result of the large number of retail locations in the worldwide music synthesizers industry, this distribution channel generates the most revenue.
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses., download sample:
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Music Synthesizers Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our music synthesizers market report covers the following areas:
This study identifies the continuous development of new products as one of the prime reasons driving the music synthesizers market growth during the next few years.
Music Synthesizers Market Vendor Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Allen & Heath Ltd.
- Alphabet Inc.
- Arturia Tous droits réservés
- Casio Computer Co. Ltd.
- Elektron Music Machines Mav AB
- Focusrite Plc
- KORG Inc.
- Moog Music Inc.
- Roland Corp.
- Yamaha Corp.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, View Sample Report.
Music Synthesizers Market Key Highlights
- CAGR of the market during the forecast period
- Detailed information on factors that will assist music synthesizers market growth during the next five years
- Estimation of the music synthesizers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the music synthesizers market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of music synthesizers market vendors
Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!
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Music Synthesizers Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2.33% |
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Market growth 2021-2025 |
$ 62.9 million |
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Market structure |
Fragmented |
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YoY growth (%) |
1.43 |
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Regional analysis |
North America, APAC, Europe, MEA, South America, North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
North America at 48% |
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Key consumer countries |
US, Japan, China, Germany, France, and Canada |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Allen & Heath Ltd., Alphabet Inc., Arturia Tous droits réservés, Casio Computer Co. Ltd., Elektron Music Machines Mav AB, Focusrite Plc, KORG Inc., Moog Music Inc., Roland Corp., and Yamaha Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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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. |
Table Of Contents :
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis for leisure products
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 – 2025
- Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
- 3.5 COVID-19 impact and recovery of the market
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Distribution channel
- 5.1 Market segments
- Exhibit 15: Distribution channel – Market share 2020-2025 (%)
- 5.2 Comparison by Distribution channel
- Exhibit 16: Comparison by Distribution channel
- 5.3 Retail stores – Market size and forecast 2020-2025
- Exhibit 17: Retail stores – Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Retail stores – Year-over-year growth 2020-2025 (%)
- 5.4 Online – Market size and forecast 2020-2025
- Exhibit 19: Online – Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Online – Year-over-year growth 2020-2025 (%)
- 5.5 Impact of COVID-19 pandemic and recovery by distribution channel segment
- 5.6 Market opportunity by Distribution channel
- Exhibit 21: Market opportunity by Distribution channel
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 22: Type – Market share 2020-2025 (%)
- 6.2 Comparison by Type
- Exhibit 23: Comparison by Type
- 6.3 Digital synthesizers – Market size and forecast 2020-2025
- Exhibit 24: Digital synthesizers – Market size and forecast 2020-2025 ($ million)
- Exhibit 25: Digital synthesizers – Year-over-year growth 2020-2025 (%)
- 6.4 Analog synthesizers – Market size and forecast 2020-2025
- Exhibit 26: Analog synthesizers – Market size and forecast 2020-2025 ($ million)
- Exhibit 27: Analog synthesizers – Year-over-year growth 2020-2025 (%)
- 6.5 Market opportunity by Type
- Exhibit 28: Market opportunity by Type
7 Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 30: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 31: Geographic comparison
- 8.3 North America – Market size and forecast 2020-2025
- Exhibit 32: North America – Market size and forecast 2020-2025 ($ million)
- Exhibit 33: North America – Year-over-year growth 2020-2025 (%)
- 8.4 APAC – Market size and forecast 2020-2025
- Exhibit 34: APAC – Market size and forecast 2020-2025 ($ million)
- Exhibit 35: APAC – Year-over-year growth 2020-2025 (%)
- 8.5 Europe – Market size and forecast 2020-2025
- Exhibit 36: Europe – Market size and forecast 2020-2025 ($ million)
- Exhibit 37: Europe – Year-over-year growth 2020-2025 (%)
- 8.6 MEA – Market size and forecast 2020-2025
- Exhibit 38: MEA – Market size and forecast 2020-2025 ($ million)
- Exhibit 39: MEA – Year-over-year growth 2020-2025 (%)
- 8.7 South America – Market size and forecast 2020-2025
- Exhibit 40: South America – Market size and forecast 2020-2025 ($ million)
- Exhibit 41: South America – Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
- Exhibit 42: Key leading countries
- 8.9 Market opportunity by geography
- Exhibit 43: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- Exhibit 44: Impact of drivers and challenges
- 9.3 Market trends
10 Vendor Landscape
- 10.1 Overview
- Exhibit 45: Vendor landscape
- 10.2 Landscape disruption
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 48: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 49: Market positioning of vendors
- 11.3 Allen & Heath Ltd.
- Exhibit 50: Allen & Heath Ltd. – Overview
- Exhibit 51: Allen & Heath Ltd. – Product and service
- Exhibit 52: Allen & Heath Ltd. – Key offerings
- 11.4 Alphabet Inc.
- Exhibit 53: Alphabet Inc. – Overview
- Exhibit 54: Alphabet Inc. – Business segments
- Exhibit 55: Alphabet Inc. – Key offerings
- Exhibit 56: Alphabet Inc. – Segment focus
- 11.5 Arturia Tous droits réservés
- Exhibit 57: Arturia Tous droits réservés – Overview
- Exhibit 58: Arturia Tous droits réservés – Product and service
- Exhibit 59: Arturia Tous droits réservés – Key offerings
- 11.6 Casio Computer Co. Ltd.
- Exhibit 60: Casio Computer Co. Ltd. – Overview
- Exhibit 61: Casio Computer Co. Ltd. – Business segments
- Exhibit 62: Casio Computer Co. Ltd. – Key offerings
- 11.7 Elektron Music Machines Mav AB
- Exhibit 63: Elektron Music Machines Mav AB – Overview
- Exhibit 64: Elektron Music Machines Mav AB – Product and service
- Exhibit 65: Elektron Music Machines Mav AB – Key offerings
- 11.8 Focusrite Plc
- Exhibit 66: Focusrite Plc – Overview
- Exhibit 67: Focusrite Plc – Business segments
- Exhibit 68: Focusrite Plc – Key offerings
- Exhibit 69: Focusrite Plc – Segment focus
- 11.9 KORG Inc.
- Exhibit 70: KORG Inc. – Overview
- Exhibit 71: KORG Inc. – Product and service
- Exhibit 72: KORG Inc. – Key offerings
- 11.10 Moog Music Inc.
- Exhibit 73: Moog Music Inc. – Overview
- Exhibit 74: Moog Music Inc. – Product and service
- Exhibit 75: Moog Music Inc. – Key offerings
- 11.11 Roland Corp.
- Exhibit 76: Roland Corp. – Overview
- Exhibit 77: Roland Corp. – Product and service
- Exhibit 78: Roland Corp. – Key news
- Exhibit 79: Roland Corp. – Key offerings
- 11.12 Yamaha Corp.
- Exhibit 80: Yamaha Corp. – Overview
- Exhibit 81: Yamaha Corp. – Business segments
- Exhibit 82: Yamaha Corp. – Key news
- Exhibit 83: Yamaha Corp. – Key offerings
- Exhibit 84: Yamaha Corp. – Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Currency conversion rates for US$
- Exhibit 85: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 86: Research Methodology
- Exhibit 87: Validation techniques employed for market sizing
- Exhibit 88: Information sources
- 12.4 List of abbreviations
- Exhibit 89: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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