Research Expert: Sarah Overall
  • Published: Apr 2025
  • Pages: 150
  • SKU: IRTNTR40716

  • Latest News- Electronic Musical Instruments Market: Offline is expected to lead the Distribution Channel segment during 2025-2029

    The Electronic Musical Instruments Market is being driven by Growing demand for music-related leisure activities

    The Electronic Musical Instruments Market is expected to grow at a CAGR of 3.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 582.7 million. The electronic musical instruments market is witnessing significant growth due to the continuous advancement of technology in music production. Innovative and technologically superior musical instruments are increasingly sought after by musicians and music enthusiasts. Notable trends in this sector include the utilization of digital technology to generate more authentic and nuanced sounds, the emergence of portable and budget-friendly instruments, and the seamless integration of electronic musical instruments with advanced technologies such as computers and smartphones. Moreover, the burgeoning popularity of electronic music genres, including dance and electronica, is further fueling market expansion during the forecast period. 

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    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Distribution Channel

      • Offline
      • Online
    • End-user

      • Electric pianos and keyboards
      • String instruments
      • Drums and percussion instruments
      • Others
    • Application

      • Commercial events
      • Music production
      • Personal use
    • Geography

      • North America

        • Canada
        • Mexico
        • US
      • Europe

        • Germany
        • UK
        • France
        • Italy
      • APAC

        • China
        • India
        • Japan
      • South America

        • Middle East and Africa

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Growing demand for music-related leisure activities
        • Rising number of music festivals and live events
        • Inclusion of music in academic curricula

        However, the market also witnesses some limitations, which are as follows:

        • Increasing adoption of virtual musical instruments and music production software
        • Increasing availability of used electronic musical instruments
        • Long replacement cycle of musical instruments

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        Market Scope in Electronic Musical Instruments Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        218

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 3.1%

        Market growth 2025-2029

        USD 582.7 million

        Market structure

        market_structure.ucfirst

        YoY growth 2024-2025(%)

        2.9

        Key countries

        US, Canada, China, UK, Germany, Japan, India, Italy, France, and Mexico

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        The Electronic Musical Instruments (EMI) market encompasses a range of innovative technologies that cater to various aspects of music production and performance. These include synthesizer workstations, sampler instruments, Virtual Studio Technology (VST) plugins, DAW software, MIDI mapping, audio effects, interactive music apps, music production workflows, audio engineering tools, music performance technology, music notation software, digital sheet music, music theory apps, music composition software, music arrangement software, music mixing software, music mastering software, music recording software, music editing software, music collaboration tools, online music communities, music performance platforms, live streaming platforms, music video production, music publishing platforms, music distribution platforms, music copyright, music licensing agreements, music royalty payments, and various music industry and technology trends. Additionally, the EMI market explores areas such as music innovation, design, ergonomics, aesthetics, psychology, education trends, music therapy, and health applications.

        Market Research Overview

        The Electronic Musical Instruments (EMIs) segment is a significant contributor to the broader Household Durables market, which encompasses categories such as consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. According to Technavio's market analysis, the global Household Durables market is projected to grow due to several factors, including the surge in health and fitness club memberships. This trend is fueled by the increasing popularity of fitness and wellness, leading to a rise in the number of health and fitness clubs worldwide. The EMIs market includes various product categories like digital pianos, drum machines, electronic drums, MIDI controllers, audio interfaces, and music production software, catering to the evolving needs of musicians and music producers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


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        Technavio Research
        Jesse Maida
        Media & Marketing Executive
        US: +1 844 364 1100
        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

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