About Keyboard Accessories
Keyboard accessories are perfect for musicians who just want things strong, simple. The most used keyboard instruments include piano, electronic keyboards, claviola, harmonium, digital pianos, and other instruments. The growing craze for various types of music has encouraged the demand for various types of keyboard accessories. In addition, the growing adoption of music as a professional and hobby has increased the demand for keyboard accessories.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global keyboard accessories market is fragmented and the companies are exploring the market by adopting expansions, investments, new product launches, and collaborations as their preferred strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Keyboard Accessories market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Behringer (Germany), Casio Computer Co., Ltd (Japan), Gator Co. (United States), Hammond (United States), Hercules Stands (United States), Hohner Musikinstrumente GmbH & Co. (Germany), JAMedia (United States), Ultimate Support (United States), K&M (Germany), Kawai America Corporation (United States), Kilpatrick Audio (United States) and Korg Inc. (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kurzweil (United States) and Moog Music Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Keyboard Accessories market by Type (Sustain Pedal, Stand Combo and Keyboard Bench), Application (Portable Keyboards and Arranger Keyboards) and Region.
On the basis of geography, the market of Keyboard Accessories 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Keyboard Accessories market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Professional User will boost the Keyboard Accessories market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Acceptance of Music Education in School Curriculum
Market Growth Drivers:
Increasing Demand for Chordophones and Rising Popularity of Live Musical Performances, Reality Shows, and Music Festivals
Challenges:
Highly Fragmented and Intensely Competitive
Restraints:
Fluctuation in the Price of Raw Material
Opportunities:
Increasing Popularity of Online Stores and Rising Number of Music as Hobby
Market Leaders and their expansionary development strategies
In July 2023, CORSAIR, a world leader in high-performance gear for gamers and content creators, announced that it has reached an agreement to acquire certain assets from Drop, a leading privately held peripheral developer best known for its customizable mechanical keyboards and switches, and its millions-member strong enthusiast community. Financial terms of the non-material, all-cash transactions were not disclosed.
In June 2019, Kawai Japan launched the CN29 and CN39, the latest additions to the popular CN Series of digital pianos.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Keyboard Accessories Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.