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Hoover's Directories > Industry Overviews > Musical Instrument Manufacturing

Musical Instrument Manufacturing

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Industry Description

The US musical instrument manufacturing industry includes about 500 companies with combined annual revenue of about $2 billion. Major companies include Fender, Gibson Guitar, and Steinway. The industry is highly concentrated: the 50 largest companies generate more than 80 percent of revenue.

SIC: 3931
NAICS: 339992
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Top 5 Companies

CompanySalesLocation
Yamaha Corporation4,511.44MHamamatsu, Shizuoka
Roland Corporation944.49MOsaka, Japan
Kawai Musical Instruments Manufacturing Co., Ltd.707.14MHamamatsu, Shizuoka
Yamaha Music Europe GmbH662.18MRellingen, Germany
Steinway Musical Instruments, Inc.318.12MWaltham, MA
Bullet - Yellow Arrow Box There are 13,715 companies in this industry. To view all of them, register now.

Industry Indicator

US manufacturers' shipments of miscellaneous durable goods, an indicator of demand for musical instruments, rose 7.4 percent in the first eleven months of 2011 compared to the same period in 2010.
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Quarterly Industry Update

Instrument Sales Rise in Fast-Growing States - US states with the fastest-growing populations are selling more music products. Texas, Utah, Alaska, Colorado, and Arizona saw the largest boost in music product sales...
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