What is Striked String Instrument- Market?
Stringed instrument, any musical instrument that produces sound. In nearly all stringed instruments the sound of the vibrating string is amplified by the use of a resonating chamber or soundboard. Stringed instruments seem to have spread rapidly from one society to another across the length and breadth of Eurasia by means of great population shifts, invasions trade, and, presumably, sheer cultural curiosity. Rising Adoption of music as a Career Is Driving the Growth. Changing Consumer Behavior Towards Music and Increasing Disposable Income
Highlights from Striked String Instrument- Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Alesis (United States), Hohner (Germany), Mel Bay (United States), Emenee (United States), Nicholas Blanton (United States), Hammond (Canada), Apple Creek (United States), Timmanning (United States), Johnson (United States), Waldorf (Germany) and DK Arts & Entertainment (United States) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Striked String Instrument- market throughout the forecasted period.
Alesis (United States), Hohner (Germany), Mel Bay (United States), Emenee (United States), Nicholas Blanton (United States), Hammond (Canada), Apple Creek (United States), Timmanning (United States), Johnson (United States), Waldorf (Germany) and DK Arts & Entertainment (United States) are some of the key players profiled in the study. Striked String Instrument- Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Popular Music and Classical Music |
Type | Piano, Hammered Dulcimers, Lutes, Zithers and Others |
Distribution Channels | Online,Offline |
Material | Plastic,Nylon,Metal,Others |
On the basis of geography, the market of Striked String Instrument- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growth in the Sale of String Instruments Across the Glob and The Popularity of Strike String Instrument by Social Media
Market Growth Drivers:
Rising Adoption of music as a Career Is Driving the Growth and Changing Consumer Behavior Towards Music and Increasing Disposable Income
Challenges:
Challenge of creativity and Innovation in String Instrument Industry
Restraints:
Fluctuation Raw Material Price Can Hamper the Growth
Opportunities:
Growing Number of Cultural and International Musical Concerts and Increasing New Number of Investors in String Instrument
Key Target Audience
Striked String Instruments Manufacturers, Components and Parts Suppliers,, Distributors/Exporters/Importers, Regulatory Bodies, Potential Investors, New Entrants and Research and Development Institutes
On 29th Jan 2020, Yamaha Strings Launches New Generation of Electric Upright ‘Silent Bass’ at NAMM 2020. Yamaha’s new SLB300 “silent bass” features the same design of its electric upright bass predecessor but with new sound reinforcement technology, which images sound of acoustic instrument recorded through a microphone. New for this model, players can select vintage tube and clean dynamic mic settings for the output.