Product Code: ETC014335 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Australia Musical Instruments market currently, in 2023, has witnessed an HHI of 1970, Which has decreased slightly as compared to the HHI of 2291 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Australia musical instruments market is expected to reach USD 853.3 million by 2026, according to a new report by 6Wresearch. This growth can be attributed to the increasing demand for digital musical instruments such as acoustic guitars, electric guitars, keyboards, drumsets and percussion instruments in the country. The growing popularity of live concerts and performances has also been a major factor driving the growth of this market as professional musicians now prefer using high-end digital equipment instead of conventional ones due to their superior sound quality and enhanced features like plug-and-play capabilities. Additionally, there has been an increasing trend among people taking up music lessons which has further supported the growth of this industry over the past few years. With more manufacturers offering advanced solutions at competitive prices making them accessible even in remote locations across Australia; it is anticipated that these factors will drive additional demand during 2020?2026
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Musical Instruments Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Musical Instruments Market Revenues & Volume, 2019 & 2026F |
3.3 Australia Musical Instruments Market - Industry Life Cycle |
3.4 Australia Musical Instruments Market - Porter's Five Forces |
3.5 Australia Musical Instruments Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Australia Musical Instruments Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Australia Musical Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Musical Instruments Market Trends |
6 Australia Musical Instruments Market, By Types |
6.1 Australia Musical Instruments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Musical Instruments Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Australia Musical Instruments Market Revenues & Volume, By Percussion Instruments, 2016 - 2026F |
6.1.4 Australia Musical Instruments Market Revenues & Volume, By String Instruments, 2016 - 2026F |
6.1.5 Australia Musical Instruments Market Revenues & Volume, By Piano & Key Instruments, 2016 - 2026F |
6.1.6 Australia Musical Instruments Market Revenues & Volume, By Organs & Air Blown Instruments, 2016 - 2026F |
6.1.7 Australia Musical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Australia Musical Instruments Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Australia Musical Instruments Market Revenues & Volume, By Commercial Events, 2016 - 2026F |
6.2.3 Australia Musical Instruments Market Revenues & Volume, By Personal Use, 2016 - 2026F |
6.2.4 Australia Musical Instruments Market Revenues & Volume, By Music Production/ Direction, 2016 - 2026F |
6.2.5 Australia Musical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
7 Australia Musical Instruments Market Import-Export Trade Statistics |
7.1 Australia Musical Instruments Market Export to Major Countries |
7.2 Australia Musical Instruments Market Imports from Major Countries |
8 Australia Musical Instruments Market Key Performance Indicators |
9 Australia Musical Instruments Market - Opportunity Assessment |
9.1 Australia Musical Instruments Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Australia Musical Instruments Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Australia Musical Instruments Market - Competitive Landscape |
10.1 Australia Musical Instruments Market Revenue Share, By Companies, 2019 |
10.2 Australia Musical Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |