Product Code: IRTNTR74309
The music production equipment market is forecasted to grow by USD 2.39 bn during 2023-2028, accelerating at a CAGR of 3.95% during the forecast period. The report on the music production equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of musicians and artists, growing demand for digital audio content, and increasing adoption of dj gear to produce music.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 2.72% |
CAGR | 3.95% |
Incremental Value | $2.39bn |
Technavio's music production equipment market is segmented as below:
By Application
By Type
- Public address equipment
- Digital keyboards
- Studio headphones
- DJ gear
- Music synthesizers
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rising number of music festivals and live events as one of the prime reasons driving the music production equipment market growth during the next few years. Also, emergence of ai-powered music synthesizers and increasing number of partnerships and agreements among vendors will lead to sizable demand in the market.
The report on the music production equipment market covers the following areas:
- Music production equipment market sizing
- Music production equipment market forecast
- Music production equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading music production equipment market vendors that include Ableton AG, Audio Technica US Inc., Avid Technology Inc., Blackstar Amplification Ltd., C. F. Martin and Co. Inc., D Addario and Co. Inc., Fender Musical Instruments Corp., Headstock Distribution Ltd., Kawai Musical Instruments Mfg. Co. Ltd., KORG Inc., KROTOS Ltd., Lautsprecher Teufel GmbH, QRS Music Technologies Inc., Roland Corp., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH and Co. KG, Shure Inc., Sony Group Corp., Steinway Inc., and Marshall Group AB. Also, the music production equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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 Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
- 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 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global music production equipment market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global music production equipment market 2018 - 2022 ($ billion)
- 4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
- 4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Professional - Market size and forecast 2023-2028
- Exhibit 34: Chart on Professional - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Professional - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Professional - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Professional - Year-over-year growth 2023-2028 (%)
- 6.4 Amateur - Market size and forecast 2023-2028
- Exhibit 38: Chart on Amateur - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Amateur - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Amateur - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Amateur - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ billion)
- Exhibit 43: Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 44: Chart on Type - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Exhibit 46: Chart on Comparison by Type
- Exhibit 47: Data Table on Comparison by Type
- 7.3 Public address equipment - Market size and forecast 2023-2028
- Exhibit 48: Chart on Public address equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Public address equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Public address equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Public address equipment - Year-over-year growth 2023-2028 (%)
- 7.4 Digital keyboards - Market size and forecast 2023-2028
- Exhibit 52: Chart on Digital keyboards - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Digital keyboards - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Digital keyboards - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Digital keyboards - Year-over-year growth 2023-2028 (%)
- 7.5 Studio headphones - Market size and forecast 2023-2028
- Exhibit 56: Chart on Studio headphones - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Studio headphones - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Studio headphones - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Studio headphones - Year-over-year growth 2023-2028 (%)
- 7.6 DJ gear - Market size and forecast 2023-2028
- Exhibit 60: Chart on DJ gear - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on DJ gear - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on DJ gear - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on DJ gear - Year-over-year growth 2023-2028 (%)
- 7.7 Music synthesizers - Market size and forecast 2023-2028
- Exhibit 64: Chart on Music synthesizers - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Music synthesizers - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Music synthesizers - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Music synthesizers - Year-over-year growth 2023-2028 (%)
- 7.8 Market opportunity by Type
- Exhibit 68: Market opportunity by Type ($ billion)
- Exhibit 69: Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Japan - Market size and forecast 2023-2028
- Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Canada - Market size and forecast 2023-2028
- Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
- Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Ableton AG
- Exhibit 123: Ableton AG - Overview
- Exhibit 124: Ableton AG - Product / Service
- Exhibit 125: Ableton AG - Key offerings
- 12.4 Audio Technica US Inc.
- Exhibit 126: Audio Technica US Inc. - Overview
- Exhibit 127: Audio Technica US Inc. - Product / Service
- Exhibit 128: Audio Technica US Inc. - Key offerings
- 12.5 Avid Technology Inc.
- Exhibit 129: Avid Technology Inc. - Overview
- Exhibit 130: Avid Technology Inc. - Product / Service
- Exhibit 131: Avid Technology Inc. - Key offerings
- 12.6 Blackstar Amplification Ltd.
- Exhibit 132: Blackstar Amplification Ltd. - Overview
- Exhibit 133: Blackstar Amplification Ltd. - Product / Service
- Exhibit 134: Blackstar Amplification Ltd. - Key offerings
- 12.7 C. F. Martin and Co. Inc.
- Exhibit 135: C. F. Martin and Co. Inc. - Overview
- Exhibit 136: C. F. Martin and Co. Inc. - Product / Service
- Exhibit 137: C. F. Martin and Co. Inc. - Key news
- Exhibit 138: C. F. Martin and Co. Inc. - Key offerings
- 12.8 D Addario and Co. Inc.
- Exhibit 139: D Addario and Co. Inc. - Overview
- Exhibit 140: D Addario and Co. Inc. - Product / Service
- Exhibit 141: D Addario and Co. Inc. - Key offerings
- 12.9 Fender Musical Instruments Corp.
- Exhibit 142: Fender Musical Instruments Corp. - Overview
- Exhibit 143: Fender Musical Instruments Corp. - Product / Service
- Exhibit 144: Fender Musical Instruments Corp. - Key offerings
- 12.10 Headstock Distribution Ltd.
- Exhibit 145: Headstock Distribution Ltd. - Overview
- Exhibit 146: Headstock Distribution Ltd. - Product / Service
- Exhibit 147: Headstock Distribution Ltd. - Key offerings
- 12.11 Kawai Musical Instruments Mfg. Co. Ltd.
- Exhibit 148: Kawai Musical Instruments Mfg. Co. Ltd. - Overview
- Exhibit 149: Kawai Musical Instruments Mfg. Co. Ltd. - Product / Service
- Exhibit 150: Kawai Musical Instruments Mfg. Co. Ltd. - Key offerings
- 12.12 KORG Inc.
- Exhibit 151: KORG Inc. - Overview
- Exhibit 152: KORG Inc. - Product / Service
- Exhibit 153: KORG Inc. - Key offerings
- 12.13 KROTOS Ltd.
- Exhibit 154: KROTOS Ltd. - Overview
- Exhibit 155: KROTOS Ltd. - Product / Service
- Exhibit 156: KROTOS Ltd. - Key offerings
- 12.14 Marshall Group AB
- Exhibit 157: Marshall Group AB - Overview
- Exhibit 158: Marshall Group AB - Product / Service
- Exhibit 159: Marshall Group AB - Key offerings
- 12.15 QRS Music Technologies Inc.
- Exhibit 160: QRS Music Technologies Inc. - Overview
- Exhibit 161: QRS Music Technologies Inc. - Key offerings
- 12.16 Roland Corp.
- Exhibit 162: Roland Corp. - Overview
- Exhibit 163: Roland Corp. - Product / Service
- Exhibit 164: Roland Corp. - Key offerings
- 12.17 Samsung Electronics Co. Ltd.
- Exhibit 165: Samsung Electronics Co. Ltd. - Overview
- Exhibit 166: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 167: Samsung Electronics Co. Ltd. - Key news
- Exhibit 168: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 169: Samsung Electronics Co. Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 170: Inclusions checklist
- Exhibit 171: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 172: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 173: Research methodology
- Exhibit 174: Validation techniques employed for market sizing
- Exhibit 175: Information sources
- 13.5 List of abbreviations
- Exhibit 176: List of abbreviations