The retail sales value of the percussion instruments market in the United States increased in 2021 over the previous year by about 40 million U.S. dollars. In 2021, the retail sales value of the percussion instruments market was 345.47 million U.S. dollars.

In 2024, the Australian percussion musical instrument market decreased by -0.9% to $10M, falling for the third consecutive year after three years of growth. In general, consumption continues to indicate a slight slump. As a result, consumption attained the peak level of $12M. From 2022 to 2024, the growth of the market remained at a lower figure.

The wholesale sales value of the percussion instruments market decreased in the United States between 2005 and 2021. Overall, the percussion instrument market in the U.S. was valued at 227.82 million U.S. dollars in 2021. Despite a 26 million U.S. dollar increase in the wholesale value of percussion instruments over the previous year, the total value of the market was 31.9 percent lower in 2021 when compared to 2005.

The global percussion instrument market is experiencing robust growth, driven by the increasing popularity of music education, live performances, and the rising disposable incomes in emerging economies. The market, estimated at $X billion in 2025 (assuming a logical market size based on common instrument market values and provided CAGR), is projected to exhibit a Compound Annual Growth Rate (CAGR) of Y% from 2025 to 2033, reaching a value of Z billion by the end of the forecast period. Several factors contribute to this growth. The rising demand for diverse percussion instruments, fueled by evolving musical genres and a growing interest in world music, is a significant driver. Furthermore, technological advancements in electronic percussion instruments, offering enhanced features and accessibility, are expanding the market's reach. The increasing adoption of percussion instruments in educational institutions and music therapy further bolsters market expansion. However, the market faces certain challenges, including fluctuating raw material prices and potential economic downturns affecting consumer spending on discretionary items like musical instruments. Segment-wise, the market is categorized by instrument type (e.g., drums, xylophones, maracas, etc.) and application (e.g., professional use, amateur use, education, etc.). The drums segment is expected to dominate the market, owing to its widespread use across various musical genres and applications. Geographically, North America and Europe currently hold significant market shares, driven by established musical cultures and higher per capita spending on musical instruments. However, Asia Pacific is expected to witness considerable growth in the coming years due to the rising middle class and expanding music education initiatives. Key players in the market include established brands like Gretsch Drums, Ludwig Drums, Remo, Roland, and Yamaha, continuously innovating and expanding their product portfolios to cater to diverse customer needs and preferences. Competition is intense, driven by the introduction of new products, strategic partnerships, and the increasing adoption of online sales channels.

The size and share of the market is categorized based on Application (Professional, Amateur, Educational) and Product (Traditional Percussion Instrument, Electronic Percussion Instrument) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The German percussion musical instrument market fell to $54M in 2024, waning by -10.9% against the previous year. Overall, consumption showed a drastic downturn. Percussion musical instrument consumption peaked at $122M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

The UK percussion musical instrument market contracted notably to $11M in 2024, with a decrease of -30.5% against the previous year. In general, consumption showed a noticeable descent. As a result, consumption reached the peak level of $21M. From 2021 to 2024, the growth of the market remained at a somewhat lower figure.

Die Marktgröße des Marktes für Percussion-Musikinstrumente wird auf der Grundlage des Typs (traditionelles Percussion-Instrument, elektronisches Perkussionsinstrument) und auf Anwendung (Professional, Amateur, Bildung) und geografische Regionen eingestuft (Nordamerika, Europa, asiatisch-pazifisch, Südamerika und Middle Ost und Afrika). Segmente.

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Electronic Musical Instruments Market Size 2024-2028

The electronic musical instruments market size is forecast to increase by USD 475.8 million at a CAGR of 2.66% between 2023 and 2028.

The market's growth is driven by various factors. The increasing demand for music related leisure activities is a significant contributor, as more people seek engaging ways to enjoy their free time. Additionally, the rising number of music festivals and live events is boosting market interest, providing numerous opportunities for live entertainment. Integration of music technology and artificial intelligence (AI) has revolutionized traditional musical instruments, giving rise to advanced instruments such as digital pianos, synthesizers, drum machines, MIDI controllers, electric basses, and various percussion instruments. Furthermore, the inclusion of music in academic curricula is enhancing its importance, encouraging students to explore and participate in music from a young age. Together, these elements are fostering a vibrant market environment, emphasizing the broadening appeal of music across different sectors.

What will be the Size of the Electronic Musical Instruments Market During the Forecast Period?

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The market encompasses a wide range of products, including virtual musical instruments, music production software, and music synthesizers. This sector caters to musicians and artists seeking innovative tools for music composition and live performance. The market for electronic musical instruments is thriving, driven by advancements in technology. AI integration in musical instruments is a notable trend, enhancing the capabilities of electronic pianos, music synthesizers, and other electronic musical instruments.
The music publishing market and studio headphones segments also contribute significantly to the market's growth. The live performance and music equipment market segments are essential for artists and DJs, who rely on high-quality equipment like studio headphones, drum sets, and DJ gear for their performances. Brands like Shure, Sennheiser, and Denon DJ cater to this demand with their premium offerings. In summary, the market is a dynamic and evolving industry, driven by technological advancements and the creative needs of musicians and artists.

How is this Electronic Musical Instruments Industry segmented and which is the largest segment?

The electronic musical instruments industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Offline
  Online


End-user

  Electric pianos and keyboards
  String instruments
  Drums and percussion instruments
  Others


Geography

  North America

    US


  Europe

    Germany
    France


  APAC

    China
    India


  South America



  Middle East and Africa

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. The market is a significant sector In the realm of music-related activities, encompassing a diverse range of smart musical devices. These keyboard instruments and stringed, brass, woodwind, and percussion instruments are available at musical instrument stores, which serve as crucial offline distribution channels. Live musical performances and self-employed musicians heavily rely on electronic instruments for their work. The market caters to music communities and music-related leisure activities, offering a wide array of smart digital instruments for music classes, virtual instruments, and music production software.
Music composers and synthesizers utilize these tools to create unique musical sounds through vibrations and electronic signals. The music publishing market and live performance industry are major consumers of electronic instruments. The music equipment market, including studio headphones and DJ gear, further expands the market's scope. In summary, the market plays a pivotal role In the music industry, providing innovative solutions for various music-related activities and catering to the needs of musicians, artists, and music enthusiasts.

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The offline segment was valued at USD 1.74 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. These companies cater to various segments, including DJ Gear, Electric Pianos, and Music Synthesizers, under the umbrella of electronic musical instruments.

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The Asian percussion musical instrument market soared to $375M in 2024, with an increase of 26% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced reduction. Over the period under review, the market hit record highs at $623M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

El tamaño del mercado del mercado de instrumentos de percusión se clasifica en función de aplicación (profesional, aficionado, educativo) y producto (instrumento de percusión tradicional, instrumento de percusión electrónica) y regiones geográficas (norte América, Europa, Asia-Pacífico, América del Sur y Medio Oriente y África).

Este informe proporciona información sobre el tamaño del mercado y pronostica el valor del mercado, expresado en USD millones, en estos segmentos definidos.

The Indian Musical Instrument Market Report is Segmented by Type (Electronic Musical Instruments, Stringed Musical Instruments, Wind Instruments, Acoustic Pianos and Stringed Keyboard Instruments, Percussion Instruments, and Other Musical Instruments (Parts and Accessories)) and Distribution Channel (Online and Offline). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

[Keywords] Market include Jupiter Band Instruments, Majestic Percussion, Remo, Roland, Auge

Significant fluctuations are estimated for all segments over the forecast period for the revenue. The revenue decreases towards the end of the forecast period only in the segment Percussion Instruments, while the remaining segments follow a positive trend. The difference between 2019 and 2029 amounts to an absolute value of 42.92 million U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in Japan and a comparison of the revenue in China. The Statista Market Insights cover a broad range of additional markets.

In 2024, the Brazilian percussion musical instrument market increased by 16% to $22M, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a deep reduction. Over the period under review, the market reached the peak level at $52M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

Global musical instruments market size is expected at $22,228.7 million by 2032 at a growth rate of 5.8%.

Over the forecast period until 2029, the average revenue per capita is forecast to exhibit fluctuations among the six segments. The average revenue per capita decreases towards the end of the forecast period only in the segment Percussion Instruments, while the remaining segments follow a positive trend. The difference between 2019 and 2029 amounts to an absolute value of 0.22 U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in Brazil and a comparison of the average revenue per capita in Equatorial Guinea. The Statista Market Insights cover a broad range of additional markets.

Over the forecast period until 2029, the average revenue per capita is forecast to exhibit fluctuations among the six segments. The average revenue per capita decreases only in the segment Percussion Instruments towards the end of the forecast period, while the remaining segments follow a positive trend. The absolute difference between 2019 and 2029 is 0.69 U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in Japan and a comparison of the average revenue per capita in Switzerland. The Statista Market Insights cover a broad range of additional markets.

In 2024, the Turkish percussion musical instrument market increased by 4.2% to $20M, rising for the second year in a row after two years of decline. In general, consumption, however, showed a pronounced downturn. Over the period under review, the market hit record highs at $28M in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.

The MENA's percussion musical instrument market amounted to $53M in 2024, almost unchanged from the previous year. In general, consumption, however, continues to indicate a deep slump. The level of consumption peaked at $135M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.