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Percussion Instruments Market Size, Share & Trends Analysis Report By Type (Traditional, Electronic), By Application (Professional, Amateur, Educational), By Region, And Segment Forecasts, 2022 - 2028

May 2022 | 75 pages | ID: P57C59C830FEEN
Grand View Research, Inc.

US$ 3,950.00

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Percussion Instruments Market Growth & Trends

The global percussion instruments market size is expected to reach USD 1.6 billion by 2028, registering a CAGR of 1.1% over the forecast period, according to a new report by Grand View Research, Inc. The market for percussion instruments is expected to grow due to an increase in the number of live concerts and multiday musical events. Furthermore, the business is being fueled by the stage performances of leading companies and musicians.

Percussion instruments are considered a backbone of the music industry as it is one of the oldest instruments played. The coronavirus pandemic adversely affected the percussion instruments business. School closures canceled musical events and live orchestras, and disruptions in the supply chain led to reduced demand for musical instruments at a global level. Yamaha created disinfection guidelines for digital pianos, drums and percussion instruments, keyboards, guitars, pianos, and wind and string instruments.

In April 2020, BD Performing Arts (BDPA) and Conn-Selmer, Inc. announced that RCC Indoor, The Blue Devils, and all other programs would be performed exclusively on instruments distributed and manufactured by Conn-Selmer, Inc. The joined forces are expected to support the advancement of excellence in arts through new product development and educational events under Conn-Selmer Marching brands.

Percussion Instruments Market Report Highlights
  • North America accounted largest market share the market in 2021 and is expected to grow at a growth rate of 0.9% from 2022 to 2028. The presence of top-performing brands, high purchasing power, and a rising number of music live concerts are propelling regional growth
  • The electronic percussion instrument segment is expected to grow at the fastest CAGR of over 1.5% from 2022 to 2028. The insertion of electronic percussion instruments from manufacturing companies and rising demand from professionals will drive the segment growth
  • Asia Pacific is projected to grow at the fastest CAGR of 1.6% from 2022 to 2028. An increased inclination for adopting musical instruments at an early age, increased disposable income, and a growing music industry are expected to boost the sale of percussion instruments
  • The professional category of the application segment accounted for the highest revenue share in 2021 and is expected to grow at a CAGR of 1.0% over the forecast period. Increasing multiday music events and the rising penetration of the music industry are the major drivers of the segment’s growth
  • In January 2020, Gretsch Drums introduced the USA custom limited River Cypress kit. It has been handcrafted at the Gretsch factory in the U.S. and is available in limited quantities

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. Application Outlook
2.4. Competitive Insights

CHAPTER 3. PERCUSSION INSTRUMENTS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Sales/Retail Channel Analysis
  3.3.2. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Industry Challenges
  3.4.4. Industry Opportunities
3.5. Business Environment Analysis
  3.5.1. Industry Analysis - Porter’s
    3.5.1.1. Supplier Power
    3.5.1.2. Buyer Power
    3.5.1.3. Substitution Threat
    3.5.1.4. Threat from New Entrant
    3.5.1.5. Competitive Rivalry
3.6. Roadmap of Percussion Instruments Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

CHAPTER 5. PERCUSSION INSTRUMENTS MARKET: BY TYPE ESTIMATES & TREND ANALYSIS

5.1. By Type Movement Analysis & Market Share, 2021 & 2028
5.2. Traditional
  5.2.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.3. Electronic
  5.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)

CHAPTER 6. PERCUSSION INSTRUMENTS MARKET: BY APPLICATION & TREND ANALYSIS

6.1. By Application Analysis & Market Share, 2021 & 2028
6.2. Professional
  6.2.1. Market estimates and forecast, 2017 - 2028 (USD Million)
6.3. Amateur
  6.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
6.4. Educational
  6.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)

CHAPTER 7. PERCUSSION INSTRUMENTS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2021 & 2028
7.2. North America
  7.2.1. Market estimates and forecast, 2017 - 2028 (USD Million)
  7.2.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
  7.2.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.2.4. U.S.
    7.2.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.2.4.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.2.4.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.2.5. Canada
    7.2.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.2.5.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.2.5.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
7.3. Europe
  7.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
  7.3.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
  7.3.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.3.4. Germany
    7.3.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.3.4.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.3.4.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.3.5. U.K.
    7.3.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.3.5.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.3.5.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.3.6. France
    7.3.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.3.6.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.3.6.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.3.7. Russia
    7.3.7.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.3.7.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.3.7.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.3.8. Italy
    7.3.8.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.3.8.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.3.8.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
7.4. Asia Pacific
  7.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
  7.4.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
  7.4.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.4.4. China
    7.4.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.4.4.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.4.4.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.4.5. Japan
    7.4.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.4.5.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.4.5.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.4.6. India
    7.4.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.4.6.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.4.6.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
7.5. Central & South America
  7.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
  7.5.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
  7.5.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.5.4. Brazil
    7.5.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.5.4.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.5.4.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.5.5. Argentina
    7.5.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.5.5.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.5.5.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
7.6. Middle East & Africa
  7.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
  7.6.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
  7.6.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.6.4. South Africa
    7.6.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.6.4.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.6.4.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)
  7.6.5. Saudi Arabia
    7.6.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
    7.6.5.2. Market estimates and forecast, by type, 2017 - 2028 (USD Million)
    7.6.5.3. Market estimates and forecast, by application, 2017 - 2028 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
  8.3.1. Key company market share analysis, 2021

CHAPTER 9. COMPANY PROFILES

9.1. Conn-Selmer, Inc.
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. Yamaha Group
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. K.H.S. Musical Instrument Co., Ltd.
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. Gretsch Drums
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. Ludwig Drums
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. InMusic Brands, Inc. (Alesis)
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. Remo Inc.
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. Ashton Music
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. Roland Corporation
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives
9.10. Pearl Musical Instrument Co.
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Product Benchmarking
  9.10.4. Strategic Initiatives
9.11. D'Addario
  9.11.1. Company Overview
  9.11.2. Financial Performance
  9.11.3. Product Benchmarking
  9.11.4. Strategic Initiatives
9.12. Majestic Holland BV
  9.12.1. Company Overview
  9.12.2. Financial Performance
  9.12.3. Product Benchmarking
  9.12.4. Strategic Initiatives
9.13. Meinl Percussion
  9.13.1. Company Overview
  9.13.2. Financial Performance
  9.13.3. Product Benchmarking
  9.13.4. Strategic Initiatives
9.14. Walberg and Auge
  9.14.1. Company Overview
  9.14.2. Financial Performance
  9.14.3. Product Benchmarking
  9.14.4. Strategic Initiatives

LIST OF TABLES

1. Percussion instruments market - Key market driver analysis
2. Percussion instruments market - Key market restraint analysis
3. Global percussion instruments market estimates and forecast, 2017 - 2028 (USD Million)
4. Global traditional percussion instrument market estimates and forecast, 2017 - 2028 (USD Million)
5. Global electronic percussion instrument market estimates and forecast, 2017 - 2028 (USD Million)
6. Global professional percussion market estimates and forecast, 2017 - 2028 (USD Million)
7. Global amateur percussion instruments market estimates and forecast, 2017 - 2028 (USD Million)
8. Global educational percussion instruments market estimates and forecast, 2017 - 2028 (USD Million)
9. North America percussion instruments market estimates and forecast, 2017 - 2028 (USD Million)
10. North America percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
11. North America percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
12. U.S. percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
13. U.S. percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
14. U.S. percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
15. Canada percussion Instruments market estimates and forecast, 2017 - 2028 (USD Million)
16. Canada percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
17. Canada percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
18. Europe percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
19. Europe percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
20. Europe percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
21. Germany percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
22. Germany percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
23. Germany percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
24. U.K. percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
25. U.K. percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
26. U.K. percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
27. France percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
28. France percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
29. France percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
30. Russia percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
31. Russia percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
32. Russia percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
33. Italy percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
34. Italy percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
35. Italy percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
36. Asia Pacific percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
37. Asia Pacific percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
38. Asia Pacific percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
39. China percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
40. China percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
41. China percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
42. Japan Percussion Instruments market estimates and forecast, 2017 - 2028 (USD Million)
43. Japan percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
44. Japan percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
45. India percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
46. India percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
47. India percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
48. Central & South America percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
49. Central & South America percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
50. Central & South America percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
51. Brazil Percussion Instruments market estimates and forecast, 2017 - 2028 (USD Million)
52. Brazil percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
53. Brazil percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
54. Argentina percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
55. Argentina percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
56. Argentina percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
57. Middle East & Africa percussion instruments market revenue estimates and forecast, 2017 - 2028 (USD Million)
58. Middle East & Africa percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
59. Middle East & Africa percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
60. South Africa Percussion Instruments market estimates and forecast, 2017 - 2028 (USD Million)
61. South Africa percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
62. South Africa percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
63. Saudi Arabia Percussion Instruments market estimates and forecast, 2017 - 2028 (USD Million)
64. Saudi Arabia percussion instruments market revenue estimates and forecast, by type, 2017 - 2028 (USD Million)
65. Saudi Arabia percussion instruments market revenue estimates and forecast, by application, 2017 - 2028 (USD Million)
66. Vendor landscape

LIST OF FIGURES

1. Percussion instruments market snapshot
2. Percussion instruments market segmentation & scope
3. Percussion instruments market penetration & growth prospect mapping
4. Percussion instruments market value chain analysis
5. Percussion instruments market dynamics
6. Percussion instruments market: Porter's Five Forces Analysis
7. Percussion instruments market: Type Movement Analysis, 2021 & 2028
8. Percussion instruments market: Application Movement Analysis, 2021 & 2028
9. Percussion instruments market: Regional Movement Analysis, 2021 & 2028


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