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Market Research Report

Global Music Synthesizers Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 361525
Published Content info 127 Pages
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Global Music Synthesizers Market 2019-2023
Published: July 5, 2019 Content info: 127 Pages
Description

About this market

A music synthesizer is an electronic musical instrument that generates audio signals to imitate traditional musical instruments such as a piano, flute vocals and others. Technavio's music synthesizers market analysis considers sales from both digital synthesizers and analog synthesizers segments, through retail and online stores. Our analysis also considers the sales of music synthesizers in APAC, Europe, MEA, North America, and South America. In 2018, the digital synthesizers segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the availability of advanced features, simple use mechanism, and precise tuning and filtering will significantly help the digital synthesizers segment in maintaining its leading market position. Also, our global music synthesizers report has observed market growth factors such as the development of the global music market, increasing popularity of hybrid synthesizers, and the rise in demand for paraphonic synthesizers. However, the rise in demand for substitute products, growing preference for DIY synthesizers, and the increasing availability of pre-used music synthesizers may hamper the growth of the music synthesizers industry over the forecast period.

Overview

Rise in demand for paraphonic synthesizers

Paraphonic synthesizers can help musicians in creating multiple notes simultaneously at a low cost. Vendors are capitalizing on this trend and are offering paraphonic synthesizers with advanced features. This demand for paraphonic synthesizers will lead to the expansion of the global paraphonic synthesizers market at a CAGR of almost 3% during the forecast period.

Emergence of artificial intelligence (AI)-powered music synthesizers

Music composers are constantly looking for devices that can effectively combine sounds to create new ones. Digital transformation in the music industry has given rise to advanced musical instruments such as artificial intelligence (AI)-powered music synthesizers. These synthesizers can learn the core qualities of individual sounds, helping music composers in using the input to be more creative. As a result, the demand for AI-powered music synthesizers is increasing. Therefore, this trend will have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global music synthesizers market during the forecast period 2019-2023, view our report.

Competitive Landscape

With the presence of several major players, the global music synthesizers market is moderately fragmented. Technavio's robust vendor analysis is designed to help clients in improving their market position, and in line with this, this report provides a detailed analysis of several leading music synthesizers manufacturers, which include Casio Computer Co. Ltd., Focusrite Plc, KORG Inc., Roland Corp., and Yamaha Corp.

Also, the music synthesizers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR31644

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Digital synthesizers - Market size and forecast 2018-2023
  • Analog synthesizers - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Retail stores - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Continuous development of new products
  • Rise in availability of music synthesizer clones
  • Emergence of AI-powered music synthesizers

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Casio Computer Co. Ltd.
  • Focusrite Plc
  • KORG Inc.
  • Roland Corp.
  • Yamaha Corp.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global musical instruments market
  • Exhibit 02: Segments of global musical instruments market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: Type - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by type
  • Exhibit 19: Digital synthesizers - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 20: Digital synthesizers - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Analog synthesizers - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 22: Analog synthesizers - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Market opportunity by type
  • Exhibit 24: Customer landscape
  • Exhibit 25: Distribution channel - Market share 2018-2023 (%)
  • Exhibit 26: Comparison by distribution channel
  • Exhibit 27: Retail stores - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 28: Retail stores - Year-over-year growth 2019-2023 (%)
  • Exhibit 29: Online - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 30: Online - Year-over-year growth 2019-2023 (%)
  • Exhibit 31: Market opportunity by distribution channel
  • Exhibit 32: Market share by geography 2018-2023 (%)
  • Exhibit 33: Geographic comparison
  • Exhibit 34: North America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 35: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 36: APAC - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 37: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 38: Europe - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 39: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 40: South America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 41: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 42: MEA - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 43: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 44: Key leading countries
  • Exhibit 45: Market opportunity
  • Exhibit 46: Impact of drivers and challenges
  • Exhibit 47: Vendor landscape
  • Exhibit 48: Landscape disruption
  • Exhibit 49: Vendors covered
  • Exhibit 50: Vendor classification
  • Exhibit 51: Market positioning of vendors
  • Exhibit 52: Casio Computer Co. Ltd. - Vendor overview
  • Exhibit 53: Casio Computer Co. Ltd. - Product segments
  • Exhibit 54: Casio Computer Co. Ltd. - Organizational developments
  • Exhibit 55: Casio Computer Co. Ltd. - Geographic focus
  • Exhibit 56: Casio Computer Co. Ltd. - Segment focus
  • Exhibit 57: Casio Computer Co. Ltd. - Key offerings
  • Exhibit 58: Focusrite Plc - Vendor overview
  • Exhibit 59: Focusrite Plc - Business segments
  • Exhibit 60: Focusrite Plc - Organizational developments
  • Exhibit 61: Focusrite Plc - Geographic focus
  • Exhibit 62: Focusrite Plc - Segment focus
  • Exhibit 63: Focusrite Plc - Key offerings
  • Exhibit 64: KORG Inc. - Vendor overview
  • Exhibit 65: KORG Inc. - Product segments
  • Exhibit 66: KORG Inc. - Organizational developments
  • Exhibit 67: KORG Inc. - Key offerings
  • Exhibit 68: Roland Corp. - Vendor overview
  • Exhibit 69: Roland Corp. - Business segments
  • Exhibit 70: Roland Corp. - Organizational developments
  • Exhibit 71: Roland Corp. - Geographic focus
  • Exhibit 72: Roland Corp. - Segment focus
  • Exhibit 73: Roland Corp. - Key offerings
  • Exhibit 74: Yamaha Corp. - Vendor overview
  • Exhibit 75: Yamaha Corp. - Business segments
  • Exhibit 76: Yamaha Corp. - Organizational developments
  • Exhibit 77: Yamaha Corp. - Geographic focus
  • Exhibit 78: Yamaha Corp. - Segment focus
  • Exhibit 79: Yamaha Corp. - Key offerings
  • Exhibit 80: Validation techniques employed for market sizing
  • Exhibit 81: Definition of market positioning of vendors
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