North America Stringed Instruments Market Size & Outlook

The stringed instruments market in North America is expected to reach a projected revenue of US$ 4,389.9 million by 2030. A compound annual growth rate of 6.8% is expected of North America stringed instruments market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,602.8
Forecast, 2030 (US$M)
$4,389.9
CAGR, 2023 - 2030
6.8%
Report Coverage
North America

North America stringed instruments market highlights

  • The North America stringed instruments market generated a revenue of USD 2,602.8 million in 2022.
  • The market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
  • In terms of segment, offline was the largest revenue generating distribution channel in 2022.
  • Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.

North America data book summary

Market revenue in 2022USD 2,602.8 million
Market revenue in 2030USD 4,389.9 million
Growth rate6.8% (CAGR from 2022 to 2030)
Largest segmentOffline
Fastest growing segmentOnline
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOnline, Offline
Key market players worldwideCasio Computer Co Ltd, Roland Corp Ordinary Shares, Yamaha Corp, Kawai Musical Instruments Manufacturing, C.F. Martin & Co, D'Addario & Company, Inc., Eastman Music, Fender, Steinway & Sons

Other key industry trends

  • In terms of revenue, North America region accounted for 29.1% of the global stringed instruments market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 6,946.4 million by 2030.

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Stringed Instruments Market Scope

Stringed instruments market segmentation & scope

Stringed Instruments Market Companies

Name Profile # Employees HQ Website

North America stringed instruments 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 stringed instruments market will help companies and investors design strategic landscapes.


Offline was the largest segment with a revenue share of 86.24% in 2022. Horizon Databook has segmented the North America stringed instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.


  • North America Stringed Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Online
    • Offline
  • North America Stringed Instruments Product Outlook (Revenue, USD Million, 2018-2030)
    • Saxophone
    • Flute
    • Harmonica
    • Piano
    • Accordion
    • Keyboard
    • Drum Set
    • Tabla
    • Cajon
    • Guitar
    • Violin
    • Cello
    • Others

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  • Our clientele includes a mix of stringed instruments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America stringed instruments market , including forecasts for subscribers. This continent databook contains high-level insights into North America stringed instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America stringed instruments market size, by country, 2018-2030 (US$M)

North America Stringed Instruments Market Outlook Share, 2022 & 2030 (US$M)

North America stringed instruments market size, by country, 2018-2030 (US$M)

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