Percussion Instruments Market Size Worth $1.6 Billion By 2028
Percussion Instruments Industry Overview The global percussion instruments market size is expected to reach USD 1.6 billion by 2028, registering a CAGR of 1.1% over the forecast period, according to a new report by Grand View Research, Inc. The market for percussion instruments is expected to grow due to an increase in the number of live concerts and multiday musical events. Furthermore, the business is being fueled by the stage performances of leading companies and musicians. Percussion Instruments Market Segmentation Grand View Research has segmented the global percussion instruments market based on type, application, and region: Based on the Application Insights, the market is segmented into Professional, Amateur, Educational The professional segment dominated the market and accounted for the highest revenue share of over 65.0% in 2021. The segment is expected to grow significantly over the forecast period. Increasing multiday music events and...