Percussion Instrument Market Analysis & Forecast 2019 – QY Research
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Los Angeles, CA -- (SBWire) -- 04/29/2019 --Percussion instruments are instruments which are played by shaking or hitting. There are many different kinds of percussion instruments.
There is significant market concentration at the top of the industry as the 16 largest companies control more than 85 percent of the market from a revenue standpoint. Large companies include Gretsch Drums, Ludwig Drums and Remo.
Lower-cost instruments are often made on assembly lines, while higher-quality instruments are produced at clusters of workstations. Typical tools include CNC drilling machine, Drum circle molding machine and Shell core machine, etc. Production involves manufacture of components and final assembly. Components, especially electronics, are often bought from other manufacturers. Technology is used in automation of assembly lines and through the use of computer-controlled machine tools. Computer systems are used in distribution to dealers and to manage inventory. Large retail chains require manufacturers to use business-to-business electronic ordering and purchasing systems.
North America is the largest domestic producer of percussion instruments, the industry is also concentrated in Japan.
Major customers are music distributors, music retailers, schools, and professional artists. Depending on the customer, sales are handled by independent dealers, retail showrooms, an internal sales force, or telemarketing.
The global Percussion Instrument market was 520 million US$ in 2018 and is expected to 580 million US$ by the end of 2025, growing at a CAGR of 1.3% between 2019 and 2025.
This report studies the Percussion Instrument market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Percussion Instrument in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Fibes Drum Company
Jupiter Band Instruments
Pearl Musical Instrument
Walberg and Auge
Wang Percussion Instrument
By the product type, the market is primarily split into
Traditional Percussion Instrument
Electronic Percussion Instrument
By the end users/application, this report covers the following segments
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