Global Stringed Instruments Market Size & Outlook
Global stringed instruments market, 2018-2030 (US$M)
Related Markets
Global stringed instruments market highlights
- The global stringed instruments market generated a revenue of USD 8,958.3 million in 2022 and is expected to reach USD 15,838.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.4% by 2030.
- In terms of segment, offline accounted for a revenue of USD 7,904.2 million in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 8,958.3 million |
| Market revenue in 2030 | USD 15,838.5 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
Other key industry trends
- In terms of revenue, the North America accounted for 29.1% of the global stringed instruments market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 287.2 million by 2030.
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Stringed Instruments Market Scope
Stringed Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| D'Addario & Company, Inc. | View profile | 1001-5000 | New York, New York, United States, North America | http://daddario.com |
| 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 |
| 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 |
Global 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 88.23% in 2022. Horizon Databook has segmented the Global stringed instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Stringed Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Global 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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Target buyers of Global stringed instruments market databook
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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 global-level data and insights on the Global stringed instruments market , including forecasts for subscribers. This global databook contains high-level insights into Global stringed instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global stringed instruments market size, by region, 2018-2030 (US$M)
Top 10 countries: Stringed instruments market size, 2022 (US$M)
Global stringed instruments market share, by distribution channel, 2022 & 2030 (%, US$M)
Stringed instruments market: Opportunity assessment by country
Global stringed instruments market, by region, 2022 (US$M)
Related statistics
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