Music Synthesizers Market by Distribution Channel, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR70484
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The music synthesizers market has the potential to grow by USD 62.90 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.33%.

This music synthesizers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (retail stores and online), type (digital synthesizers and analog synthesizers), and geography (North America, APAC, Europe, MEA, and South America). The music synthesizers market report also 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., and Yamaha Corp. among others.

What will the Music Synthesizers Market Size be in 2021?

Music-Synthesizers-Market-Market-Size-2020-2025

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Music Synthesizers Market: Key Drivers and Trends

The rise in demand for paraphonic synthesizers is notably driving the music synthesizers market growth, although factors such as a rise in demand for substitute products may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the music synthesizers market industry get your FREE report sample now.

  • The rise in demand for paraphonic synthesizers is one of the key factors driving the music synthesizers market growth.
  • Their ability to play multiple notes because of the presence of multiple oscillators can allow the user to create a true polyphony.
  • Several synthesizers come with built-in sequencers, arpeggiators, stereo ladder filters, and stereo analog delay.
  • These features allow the user to create high bass lines and complex sequences.
  • The advanced features will increase the demand for paraphonic synthesizers, fueling market growth.
  • Upcoming music synthesizers market trends such as the emergence of artificial intelligence (AI)-powered music synthesizers will also drive the global market growth.
  • With AI gaining applications in composing music, several music synthesizer companies are implementing neural audio synthesis (NSynth) into their products to synthesize audio.
  • The NSynth algorithm can be used to replicate the sound of instruments and combine them to create new audio.
  • The continuous development of new products with advanced technologies and the flourishing music market will fuel the growth of the music synthesizers industry in the coming years.

This music synthesizers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Music Synthesizers Market Vendors?

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.

 

The music synthesizers market is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the music synthesizers market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Music Synthesizers Market?

Music-Synthesizers-Market-Market-Share-by-Region-2020-2025

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48% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for music synthesizers in North America. Market growth in this region will be slower than the growth of the market in APAC.

The rising demand for live music shows and concerts, the significant presence of music streaming service providers and composers, and the increasing number of the US population availing paid music streaming services will facilitate the music synthesizers market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Music Synthesizers Market?

Music-Synthesizers-Market-Market-Share-by-Type-2020-2025

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Digital synthesizers are significantly more flexible and are capable of creating better audio. They have precise tuning and filtering. They are also simple to use. Furthermore, vendors are implementing advanced features into digital synthesizers. These factors have contributed to the growth of the market segment. The growth of the digital synthesizers market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the music synthesizers market size.

 

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What are the Key Factors Covered in this Music Synthesizers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive music synthesizers market growth during the next five years
  • Precise estimation of the music synthesizers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the music synthesizers industry across North America, APAC, Europe, MEA, and South America
  • A thorough 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

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Music Synthesizers Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 62.90 million

Market structure

Fragmented

YoY growth (%)

1.43

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 48%

Key consumer countries

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

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for 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.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
    • COVID-19 impact and recovery of the market

    Five Forces Analysis

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

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Retail stores - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Impact of COVID-19 pandemic and recovery by distribution channel segment
    • Market opportunity by Distribution channel

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Digital synthesizers - Market size and forecast 2020-2025
    • Analog synthesizers - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The music synthesizers market growth will increase by $62.90 million during 2020-2025.
      The music synthesizers market is expected to grow at a CAGR of 2.33% during 2020-2025.
      Technavio has segmented the music synthesizers market by distribution channel (Retail stores and Online) ,type (Digital synthesizers and Analog synthesizers) , and geographic (North America, APAC, Europe, MEA, and South America).
      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. are a few of the key vendors in the music synthesizers market.
      North America will register the highest growth rate of 47.92% among the other regions. Therefore, the music synthesizers market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • Japan
      • China
      • Germany
      • France
      • Canada
      The key factors driving the music synthesizers market growth are:
      • Growth of global music market
      The music synthesizers market vendors should focus on grabbing business opportunities from the retail stores segment as it accounted for the largest market share in the base year.
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