Increase in Interest on Music among Individuals Expected to Drive Global Bowed Dulcimer Market: Ken Research
The bowed dulcimer is a musical instrument, which is a standard instrument played with violin bow or purpose-built dulcimer, designed around the bow playing. The purpose designed instrument is similar to a hybrid between dulcimer and cello. Their sound is like a cello or viola. It is seized upright between the knees with a neck resting against the player's shoulder, and bowed like the cello. In all bowed instruments, the bowed dulcimer instrument is a most comfortable instrument to hold & play. The dulcimer pictured has western red cedar soundboard, four steel strings, ebony fret-board, and gold terrestrial tuners. The highest string is beyond away from the player, opposite of the lap-dulcimer. This arrangement is a traditional way of stringing the bowed instrument, for instance violin or cello.
Referring to study, “Global Bowed Dulcimer Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global bowed dulcimer market include Folkcraft Instrument, Kudzu Patch, Bear Meadow, John Keane, J.C. Rockwell, Webb, Bill Berg, James Jones, Cedar Creek, Prussia Valley, Olympia Dulcimer, David's Dulcimers, Cripple Creek, Modern Mountain, Jenny Wiley, Grassroots and among others. The competition is projected to become even more intense in the coming years with the entrance of various new players in the market. The major companies are adopting a variety of strategies including competence expansion, mergers & acquisitions and new or innovative product innovation to augment their market positions considering the highly competitive rivalry.
Based on type, bowed dulcimer market is bifurcated into laminated wood and all solid wood. The laminated wood is generally built by parallel gluing of lumber boards in different sizes & shapes according to the intended use. Its main products are basically load-carrying members for instance beams and arches. The laminated wood segment is expected to witness higher growth rate as it possesses various advantages over solid wood during the forecast period. Laminated wood is used to fabricate large members that aren’t possible to make from the solid wood. In addition, based on application, market is bifurcated into pop music, blues music and folk music.
The bowed dulcimer market is driven by rise in demand for leather based bowed dulcimer, followed by increase in use of bowed dulcimer as instrument safety. However, high cost of bowed dulcimer bags may impact the market. Additionally, increase in use of bowed dulcimer instruments in music coupled with rise in demand for dulcimer as the interest of music are leading opportunities for market. Moreover, increase in preference for customized bowed dulcimer is a key trend for market. Furthermore, quality of leather material is a major challenge for global market.
Based on regional analysis, global bowed dulcimer market is segmented into North-America, Asia-Pacific, Europe and rest of the world. The North-America and Europe regions dominate the global market owing to increase in interest on the pop music among users across the region. The Asia-pacific region is expected to exhibit substantial growth rate due to presence of key manufacturers during the forecast period.
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Ankur Gupta, Head Marketing & Communications