Market Research Report Rise in Demand for China Made Musical Instruments- | Page 2

The musical instruments market is based on types such as percussion
instruments, string instruments, piano, key instruments, organs, and air
blown instruments. Also, the musical instruments market is divided based
on applications such as commercial events, personal use, and music
production. The market has many competitors such as Gibson Guitars and
Basses, Fender Musical `b Corporation, Zildjian cymbals, Paiste cymbals,
Cort, Casio, Yamaha, Korg, Roland, Pearl, Tama, Mapex, Sonor, ESP, Ibanez,
Pluto, Tristar, and Granada. The musical instruments majorly comprise of
guitar amplifiers, keyboard amplifiers, Bass Amplifiers, electric guitar,
electric bass, electric keyboards and others.
A significant increase was observed in the manufacture and consumption
of Chinese musical instruments that are nearly 30% of the global market
share. Shanghai being the economic center of China has grabbed the
opportunity in musical instrument industry. Asia’s largest music show is
Music China and is a gateway to many business opportunities in China and
the Asian markets.