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The music synthesizers market is projected to grow by USD 294.8 million from 2024-2028, with AI reshaping the landscape and the global music industry’s growth boosting revenue – Technavio

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NEW YORK, Sept. 24, 2024 /PRNewswire/ — The Global Music Synthesizers Market  size is estimated to grow by USD 294.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.09%  during the forecast period.  Growth of global music industry is driving market growth, with a trend towards rising number of music festivals and live events  However, rise in demand for substitute products  poses a challenge.Key market players include Alphabet Inc., Arturia, Audiotonix Ltd., CASIO Computer Co. Ltd., Clavia Digital Musical Instruments AB, Crumar Instruments, Doepfer Musikelektronik GmbH, Elektron Music Machines Mav AB, Focusrite Plc, HDC Hyundai Development Co., Kemper GmbH, KORG Inc., Moog Music Inc., Music Tribe Global Brands Ltd., Roland Corp., Synthtopia, teenage engineering ab, The Music Alliance, Waldorf Music GmbH, and Yamaha Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Digital synthesizers and Analog synthesizers), Distribution Channel (Offline and Online), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Alphabet Inc., Arturia, Audiotonix Ltd., CASIO Computer Co. Ltd., Clavia Digital Musical Instruments AB, Crumar Instruments, Doepfer Musikelektronik GmbH, Elektron Music Machines Mav AB, Focusrite Plc, HDC Hyundai Development Co., Kemper GmbH, KORG Inc., Moog Music Inc., Music Tribe Global Brands Ltd., Roland Corp., Synthtopia, teenage engineering ab, The Music Alliance, Waldorf Music GmbH, and Yamaha Corp.

Key Market Trends Fueling Growth

The music synthesizers market has experienced growth due to the rising popularity of live events such as music festivals and concerts, particularly among millennials worldwide. With a large youth population and increasing disposable income, more individuals are spending on attending these events. This trend is expected to continue, as over 50% of the US population and a significant number in the UK attend music events annually. The live music industry’s total revenue is projected to exceed USD30 billion globally by the end of 2022. The UK hosts internationally renowned festivals and concerts, including Field Day, Glastonbury, Burning Man, and Coachella. The expansion of the music industry will fuel the demand for advanced music synthesizers, thereby boosting the global music synthesizers market’s growth during the forecast period.

The music synthesizers market is experiencing significant growth due to trends like customization options and enhanced performance features. Sound engineers and musicians seek high-quality sound and connectivity for seamless integration into their productions. Polyphony and sonic variety are key factors driving demand. Distribution channels include brick-and-mortar retail outlets like music stores and specialty shops, large retail chains, and multi-brand stores. Online sales through e-commerce websites offer convenience shopping, transcending geographical boundaries. Younger generations with disposable income are beginning to explore synthesizers. Advanced musical interfaces, AI-powered synthesizers, DIY tool kits, and social media are influencing market trends. However, hindrances include trade regulations and import-export analysis. The thriving music industry continues to fuel market growth.

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Market Challenges

The global music synthesizers market has experienced growth, but the emergence of substitutes poses a significant challenge. These substitutes include stand-alone music synthesizer software and open-source software. Software synthesizers, such as VCV Rack and ZynAddSubFX, offer advanced algorithms and are less expensive, less complex, and portable. Open-source software synthesizers like amsynth, Xsynth, Hexter, Wsynth, WhySynth, and Alsa Modular Synth are also gaining popularity. Furthermore, music synthesizer apps, like Logic Studio, Synth TB-303, DRC- Polyphonic Synthesizer, and Rockrelay Synth FM, offer the same capabilities as classic analog or digital synthesizers on smartphones and other mobile devices. While these alternatives increase competition, they also expand the market reach and accessibility, potentially balancing market growth during the forecast period.The Music Synthesizers Market faces challenges in production analysis and value chain optimization. Producers of electronic instruments, including Music Synthesizers, must cater to both professionals in recording studios and amateurs at the country level. Cost is a significant factor for both groups, driving demand for cost-effective synthesizers. Traditional acoustic instruments offer unique timbres, but synthesizers provide endless possibilities in sound design through analog, digital, and software synthesis. Professional music production and live performances require advanced designs and user-friendly interfaces. Emerging revenue pockets include electronic music genres, music education, and do-it-yourself music culture. Compositional limitations and user experience are key concerns. Advanced designs incorporate AI and machine learning algorithms, wireless connectivity options, and robustness for live performance settings. Oscillators, filters, and amplifiers are essential components of synthesizers. Understanding musical theory and composition is crucial for effective sound design. Cost-effective synthesizers cater to hobbyists and individual usage, while professional-grade synthesizers cater to musicians and recording studios. Portability and robustness are essential considerations for musicians on the go.

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Segment Overview 

This music synthesizers market report extensively covers market segmentation by

Type 1.1 Digital synthesizers1.2 Analog synthesizersDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Digital synthesizers-  Digital synthesizers are electronic musical instruments that utilize digital signal processing to generate musical sounds. These synthesizers can recreate the sounds of various acoustic, electric, and electronic instruments through digital recordings and algorithms that control oscillations. Digital synthesizers offer benefits such as precise tuning, filtering, and simplicity, making them more flexible and capable than their analog counterparts. The integration of Musical Instrument Digital Interface (MIDI) has been instrumental in connecting and synchronizing digital synthesizers with other electronic instruments and controllers. MIDI is a standard communication protocol that enables digital musical instruments to communicate with one another, reducing the need for excessive hardware. This technology has significantly increased home recordings, thereby reducing artists’ recording costs and contributing to the growth of the digital synthesizers market.

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Research Analysis

The Music Synthesizers market encompasses a wide range of electronic instruments that generate sound through various synthesis methods, including analog, digital, and software-based solutions. This market caters to both beginners and professionals, with disposable income being a significant factor in purchasing decisions. Synthesizers are increasingly being used in professional music production, recording studios, live performances, and music education. AI-powered synthesizers and DIY tool kits are emerging revenue pockets, while trade regulations ensure quality and safety. Advanced designs, machine learning algorithms, wireless connectivity options, and expressive performance features are key trends. Oscillators, filters, amplifiers, and other components are essential for musical theory, composition, sound design, and artistic expression. Cost remains a consideration, with customization options and user interface playing crucial roles in the buying decision. Sound engineers and artists continue to push the boundaries of synthesizer technology.

Market Research Overview

The Music Synthesizers Market is experiencing significant growth in the thriving music industry, particularly among younger generations with disposable income. Synthesizers, which convert electrical energy into musical sounds, offer unique timbres and sonic variety that traditional acoustic instruments cannot. The market includes digital, analog, and software synthesizers, each with their own advantages. Beginners and professionals alike benefit from advanced musical interfaces, modified input variations, and AI-powered synthesizers. Social media and DIY tool kits have fueled the do-it-yourself music culture. However, hindrances include trade regulations, import-export analysis, production analysis, and value chain optimization. Emerging revenue pockets include Music Producers, Amateur musicians, and individual usage in various country levels. Cost, electronic instruments, audio signals, sound, and musical theory are key components of synthesizers. Analog synthesis and digital synthesis, as well as oscillators, filters, and amplifiers, are essential for sound design and composition. User-friendly synthesizers, cost-effective options, live performance settings, robustness, portability, and expressive performance features are crucial for artists. High-quality sound, connectivity, polyphony, and sonic variety are essential for sound engineers. Distribution channels include brick-and-mortar retail outlets, music stores, specialty shops, large retail chains, specialty stores, multi-brand stores, and online sales. Geographical boundaries and convenience shopping also impact the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeDigital SynthesizersAnalog SynthesizersDistribution ChannelOfflineOnlineGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

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SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

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Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

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SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

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Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea

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New investment underscores the company’s long-term commitment to Korea and its leading role in the global semiconductor industry 

LEHIGH VALLEY, Pa., April 29, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company and serving Samsung globally, today announced it has been selected by Samsung to supply industrial gases for its new advanced semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.

Under the agreement, Air Products will build, own and operate multiple state-of-the-art production facilities and a bulk specialty gas supply system to supply nitrogen, oxygen, argon, and hydrogen for Samsung’s new semiconductor fab. The new facilities are expected to come onstream in multiple phases from 2028 through 2030.

Air Products has a long track record of executing multiple phase expansions in Pyeongtaek to support Samsung’s growing manufacturing needs. This latest project represents Air Products’ largest investment to date in the semiconductor industry and will establish Pyeongtaek as the company’s single largest operations site globally supporting the electronics industry. 

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” said SR Kim, President, Air Products Korea. “This significant investment reinforces Air Products’ role as a leading global supplier to the semiconductor industry and underscores our long-standing commitment to supporting our strategic customers with safety, reliability, efficiency and excellent service.”

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies. The company has operated in Korea for more than 50 years and has established a strong position in electronics and manufacturing sectors.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedInXFacebook or Instagram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

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