Worldwide Viola Market Outlook, 2019-2023 - Rising Preference for Pre-owned Violas Among Musicians - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 7, 2019--The “Global Viola Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The viola market will register a CAGR of almost 2% by 2023.
Rising preference for pre-owned violas among musicians to drive market growth
Consumers often purchase pre-owned musical instruments like guitars, violins, and violas due to cost limitation. Since the cost of new musical instruments is quite high, individuals prefer purchasing used instruments at a reduced cost.
Availability of web-based learning material
With advancements in web technology, several online tutorial sites use videos, reference articles, and other teaching methodologies to help individuals learn how to play viola. This has also simplified the learning process for individuals who have busy work schedules and do not find time to join classes.
The availability of learning materials online encourages individuals to buy, learn, and play viola and, hence, is expected to drive the market during the forecast period.
High adoption of digital music
Digital music is gaining popularity and acceptance by consumers worldwide. One of the major reasons for its growing share is the ease of access. Also, this increases the need for music production software, in turn negatively impacting the growth of the market.
The market appears to be fragmented, and with the presence of several companies including NS Design and Yamaha Corporation, the competitive environment is quite intense.
Key PlayersCecilio Musical Instruments Eastman Music Company Karl Hafner NS Design Yamaha Corporation
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY END-USERComparison by end-user Professional - Market size and forecast 2018-2023 Amateur - Market size and forecast 2018-2023 Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic comparison North America - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 MEA - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSIncreased popularity of live events Growing popularity of online retail Rising preference for pre-owned violas among musicians
PART 11: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Cecilio Musical Instruments Eastman Music Company Karl Hafner NS Design Yamaha Corporation
For more information about this report visit https://www.researchandmarkets.com/research/db84f6/worldwide_viola?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190207005467/en/
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INDUSTRY KEYWORD: ENTERTAINMENT MUSIC
SOURCE: Research and Markets
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PUB: 02/07/2019 08:26 AM/DISC: 02/07/2019 08:26 AM