Technavio Announces Top Five Vendors in the Global Music Synthesizers Market from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio has announced the top five leading vendors in their recentglobal music synthesizers market 2016-2020report. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
“The global music synthesizers market is highly competitive due to the presence of limited number of leading vendors. Advances in technology and changing consumer preferences are major risks for vendors in the market. Vendors are competing on the basis of product differentiation, portfolio, and pricing. Established vendors are investing in designing, developing, planning, expanding the existing music synthesizers, and acquiring new players to maintain their position in the market. Casio, Korg, Novation Digital Music Systems, Roland, and Yamaha are the leading vendors in the market,” says Ujjwal Doshi, a lead analyst at Technavio for consumer electronics research.
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Casio is a leading provider of musical instruments across the globe. It also manufactures and sells watches, calculators, musical instruments, and digital cameras. In the musical instrument segment, Casio sells a wide varieties of pianos, keyboards, synthesizers, and DJ controllers. The company operates through its subsidiaries in over 21 countries in North America, Latin America, Asia, Europe, and the Middle East and Africa. Some of the synthesizers offered by the company include XW-G1 and XW-P1.
Korg is a leading manufacturer of electronic musical instruments and related accessories. The major musical instruments offered by the company include digital keyboards, synthesizers, digital pianos, tuners, peripherals, mixers, digital recording equipment, and controllers. Some of the synthesizers offered by the company are Kingkorg, Microkorg XL, Software Synthesizers, Microkorg, Minilogue, and MS-20.
Novation Digital Music Systems
It is a provider of musical instruments. The major musical instruments offered by the company include musical instrument digital interface (MIDI) controllers, Launchpad, and synthesizers. Bass Station II, UltraNova, and MiniNova are some of the most popular synthesizers offered by the company.
Roland is a leading company that manufactures, imports, and exports musical instruments, computer peripherals, and software. It has a diversified presence and a strong brand image in the electronic musical instrument industry. It also operates through a chain of music schools across Japan. Roland offers various types of musical instruments including digital keyboards, synthesizers, amplifiers, drums, digital pianos, guitars, basses, vocal products, and disc jockey mixers. Some of the synthesizers offered by the company include JD-XA, JD-Xi, System-1, JX-03, System-1m, GAIA SH-01, JP-08, and JU-06.
Yamaha is a manufacturer of a wide range of musical instruments globally. The major musical instruments offered by the company include synthesizers, pianos, guitars, drums, basses, violins, marching equipment, public announcement equipment, and digital musical instruments. It also offers soundproof rooms, music entertainment software, and piano tuning services. Reface, MOTIF XF, Montage, MOXF Series, MX Series, S90 XS/S70 XS, and MM6/MM8 are some of the bestselling synthesizers offered by the company. The company offers its products and services in North America, Japan, Europe, Asia, and Australia. The company focuses on R&D for developing new products to increase its customer base and revenue.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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