Musical Instruments Market: Trends, Drivers, and Opportunities https://dataintelo.com/report/global-musical-instruments-market The Musical Instruments Market is experiencing rapid growth, fueled by rising interest in music education, the increasing popularity of live performances, and technological advancements in musical instruments. In 2023, the market was valued at USD 15.6 billion and is expected to expand at a CAGR of 6.5% to reach USD 26.4 billion by 2032. With the rise of digital music production and a growing number of people learning musical instruments, the demand for musical instruments, both traditional and electronic, is on the rise globally. This growth is further supported by a surge in live concerts and musical events.