A metronome is a device that produces an audible beat-a click or other sound-at regular intervals that the user can set in beats per minute (BPM). Musicians use the device to practice playing to a regular pulse. Metronomes typically include synchronized visual motion (e.g., swinging pendulum or blinking lights).
Europe metronome market size was valued at around USD 65.76 million in 2017. Asian countries such as China, Japan, and Southeast Asia have a relatively large market share. Since these countries are the location of metronome production plants, these factors will drive the faster development of the metronome market in these regions.
The global Metronome industry is characterized by several large international manufactures and many smaller regional manufactures. Therefore, market share concentration is relatively low. The ten largest operators account for about 54.3% of total sales market in 2017. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures.
According to this study, over the next five years the Metronome market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 410 million by 2024, from US$ 290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Metronome business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Metronome market by product type, application, key manufacturers and key regions and countries.
This study considers the Metronome value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mechanical Metronome
Digital Metronome
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Guitar
Piano
Violin
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
NIKKO
Wittner
Seiko
Korg
Boss
Matrix
Cherub
KLIQ
Maibart
Neewer
Aroma
GLEAM
ENO
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Metronome consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Metronome market by identifying its various subsegments.
Focuses on the key global Metronome manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Metronome with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Metronome submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
