Germany Musical Instrument Market Size & Outlook
Related Markets
Germany musical instrument market highlights
- The Germany musical instrument market generated a revenue of USD 1,190.7 million in 2023 and is expected to reach USD 2,066.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, stringed instruments was the largest revenue generating type in 2023.
- Key Board Instruments is the most lucrative type segment registering the fastest growth during the forecast period.
Musical instrument market data book summary
| Market revenue in 2023 | USD 1,190.7 million |
| Market revenue in 2030 | USD 2,066.0 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Stringed instruments |
| Fastest growing segment | Key Board Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stringed Instruments, Percussion Instruments, Wind Instruments, Key Board Instruments |
| Key market players worldwide | Casio Computer Co Ltd, Roland Corp Ordinary Shares, Yamaha Corp, Kawai Musical Instruments Manufacturing, C.F. Martin & Co, Eastman Music, Bitdefender, Fender, Steinway & Sons |
Other key industry trends
- In terms of revenue, Germany accounted for 7.8% of the global musical instrument market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany musical instrument market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,066.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Musical Instrument Market Scope
Musical Instrument Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Steinway & Sons | View profile | 1001-5000 | New York, New York, United States, North America | https://www.steinway.com |
| Eastman Music | View profile | - | Pomona, California, United States, North America | https://www.eastmanmusiccompany.com |
| C.F. Martin & Co | View profile | 251-500 | Nazareth, Pennsylvania, United States, North America | http://martinguitar.com |
| Kawai Musical Instruments Manufacturing | View profile | 1001-5000 | Hamamatsu, Shizuoka, Japan, Asia | https://www.kawai.co.jp/ |
| Fender | View profile | 1001-5000 | Scottsdale, Arizona, United States, North America | https://www.fender.com |
| Bitdefender | View profile | 1001-5000 | Bucharest, Bucuresti, Romania, Europe | http://www.bitdefender.com |
| Yamaha Corp | View profile | 25994 | 10-1, Nakazawa-cho, Naka-ku, Shizuoka, Hamamatsu, Japan, 430-8650 | https://www.yamaha.com |
| Roland Corp Ordinary Shares | View profile | 3286 | 2036-1 Nakagawa Hosoe-cho, Hamamatsu-shi, Shizuoka, Japan, 431-1304 | http://www.roland.co.jp |
| Casio Computer Co Ltd | View profile | 10950 | 6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, Japan, 151-8543 | http://www.casio.jp |
Germany musical instrument market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to musical instrument market will help companies and investors design strategic landscapes.
Stringed instruments was the largest segment with a revenue share of 63.53% in 2023. Horizon Databook has segmented the Germany musical instrument market based on stringed instruments, percussion instruments, wind instruments, key board instruments covering the revenue growth of each sub-segment from 2018 to 2030.
- Germany Musical Instrument Type Outlook (Revenue, USD Million, 2018-2030)
- Stringed Instruments
- Guitar
- Violin
- Cello
- Others
- Percussion Instruments
- Drum Set
- Tabla
- Cajon
- Others
- Wind Instruments
- Saxophone
- Flute
- Harmonica
- Others
- Key Board Instruments
- Piano
- Accordion
- Key board
- Others
- Others
- Stringed Instruments
- Germany Musical Instrument Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
Reasons to subscribe to Germany musical instrument market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany musical instrument market databook
-
Our clientele includes a mix of musical instrument market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany musical instrument market , including forecasts for subscribers. This country databook contains high-level insights into Germany musical instrument market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany musical instrument market size, by type, 2018-2030 (US$M)
Germany Musical Instrument Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
