2008 Analysis of the global music market - Slurry Pump EHM - Mortar Pump EZJ manufacturer

In 2008, sales of music products subjected to global recession swept across the strong impact

, but still lack the global market a welcome bright spot. In addition, the technical innovation for the population age structure and to analyze the factors that will also help the industry to more clearly interpret market and new growth for the global market, Xu Li. In the background of global recession, the music products industry continues to suffer from recession in 2008, the strong impact. The world's largest market, sales of 37 or 175 million, down 3.5% compared to 2007. In 2007, the figure was 18.2 billion U.S. dollars. Among them, a serious recession the fourth quarter of the negative effect is very obvious. From the microscopic point of view, the performance of various countries and regions are quite different, and China 4% sales growth to become a major bright spot, while Spain suffered a serious decline of 8%. However, one thing is clear, the financial crisis has brought the global market is very significant negative effect: sustained growth of regional rare. For different people, "music products" have different definitions. Music products mentioned herein involved electric guitar, acoustic guitar, woodwind, keyboard, percussion, audio equipment, audio software, computer peripherals, music publications and a number of related accessories. Paper used for the estimates based on a large number of resources, including sales data, industry associations, a large number of listed companies profile. The main source of information data from the World Trade Organization's database to extract. In the 20 years ago, the WTO set up a variety of product code standards, these standards for the accurate tracking of the global import and export data to provide a great convenience. By tracking the flow of trade, we can very accurately measure the size of the local market. This involved 37 major markets include the 72% of the global population. In the statistical calculations, which specific method is applied. In order to facilitate comparison measure, the global market, unit sales data were converted from local currency into U.S. dollars, and to December 31, 2008 exchange rates prevail. In 2008, the euro dollar, slightly higher than the value of sales data in Europe up to play an important role. Excluding currency fluctuations, the European market, the impact of fluctuations, the performance of the European market at par with the U.S. market between. This involves data do not include the Middle East, Central Asia and Africa data. Access to sales data in these areas is not an easy thing, first of all, in these areas are not very clear sales network, and secondly, the local sales data is too small, not statistically value. In all fairness, music products, never have rigid consumer demand, consumption could be delayed, and different from the consumption of food or housing characteristics. If there is a global music market is always right rule, it certainly is: a prudent consumer would unnecessarily delay the purchase until they change their mind. This is the music products industry can find comfort in the place, because more than one industry has the same experiences, such as fashion, car or travel industry. Measure the size of the market each year and the market performance is a relatively simple task. But to find out the reasons for differences in individual markets will be difficult for many. Decided to market is the biggest factor in whether the economy boom. It, perhaps some sensational, but some of the more affluent countries, such as the United States or some European Union countries, the consumption of music products on a number of developing countries in Southeast Asia more than an order of magnitude. For example, in the United States, per capita consumption was 23.21 U.S. dollars music, while India has only 0.05 cents. In addition, demographic data also play an important role: music products sales will not increase with population age and growth, but will gradually decline with aging. In Italy, its domestic sales of music products is very limited, low birth rates can explain this phenomenon play a role. The impact of cultural differences Cultural differences between the products on the music and its impact is difficult to specifically quantify. In the United States and Canada, the school carried out extensive and in-depth music education. As a result, the United States and Canada ranked side in the per capita consumption of music has always been at the forefront. In Europe, the focus of music education is to train many professionals, not just the music as a means of self-entertainment amateur players. However, even if broadly similar educational background in this environment, the dramatic differences still exist. For example, the United Kingdom's per capita consumption and the Scandinavian country's situation is different. Long, accordion music culture in Eastern Europe play a vital role. This explains the steadily rising sales in Eastern Europe because the accordion. However, in some cases, the phenomenon is difficult to explain some of the local market for foreign musical tradition can show surprising acceptance. In the past four decades, from some Asian countries and regions like Japan, Hong Kong, South Korea and China, all of Western classical music performance in an extremely warm welcome, while also enjoying great sales brought the piano income. Attempt to explain these phenomena headache, it is like trying to explain why Indians prefer pasta, but Swedes prefer herring as difficult. In preference, the mere figures can not account for the problem. Local economic factors are very different to play an important role in the performance of different markets worldwide have caused the present trends of diversity. In the United States, Ireland and the UK, acute rupture of the housing bubble and credit crisis, music products to sell into a downturn. Net asset value has fallen sharply, the sharp decline of the credit limit so that consumers are temporarily abandoned music to spend. Especially in the United States, the decline trend in the music products sales price index of the trend curve and nearly the same. In contrast, in China or Germany, the impact of shrinking credit limit any impact little. Where consumers are not used to using credit patterns of consumption, suffered a very small impact. In South America, the primary product boom, such as copper, and promote local economic development, and to some extent, the music products to stimulate sales. What factors will spur growth Focus on the future, re-stimulate industry growth when there are two difficulties will not be ignored. The first comes from the relative lack of product innovation. Early 80s of last century, MIDI standard birth and the rapid development of digital music products industry to the then rapidly out from the recession and into a new period of development. Early 90s of last century, the birth of the same low-cost recording equipment to industry smoothly out of the woods. In the following year 2000, a large number of products from China's sudden emergence. These products are both low cost and high-value features, many dealers around the globe to further open up its market wider. Unfortunately, for now, no one product or innovative technology can reverse the declining trend in the industry. Despite the arrival of innovation and not as accurate as accurate as the schedule, but at least lucky, it will eventually come, at least in the past few centuries time, has been the case. Hammond Organ?? The first electronic musical instruments, was born in 1935, when the economic crisis coincided with the lowest point, no one anticipated its arrival. The late 40s of last century, electric guitar completed its debut in the market. In 1983, digital music born?? That is another period of economic crisis. If past experience can reveal to us the what, the major innovation in some industries will be coming soon. Demographic point of view More difficult problem is the conclusions from the demographic aspect. Although baby boomers will buy a lot of guitar people, some older people will join the ranks of the purchaser's products, but it is undeniable that the industry is still the main consumption from 12 to 28-year-old young people. However, some economic prosperity in Western countries, as well as Japan and China, the number of this group is the trend was gradually reduced. The U.S. population is relatively young median age of 36.7 years. In other developed countries, Japan's population median age of 44.2 years, median age of the German population, 43.8 years old, Italy, the median age of 43.4 years of age population, aging of the population to make music product sales woeful. On the contrary, in many developing countries are relatively young population structure with strong sales of music products, the temptation. The median age of the population in Brazil was 28.6 years, median age of the Indian population, 25.3 years, median age of the population in Indonesia was 27.6 years. The future development of the industry also decided this, if these countries can quickly develop into a prosperous, when the population reached a certain number of hours to master the wealth, will train for the music products industry, a large number of potential consumers, the industry's development will towards the light.

2008 Analysis of the global music market - Slurry Pump EHM - Mortar Pump EZJ manufacturer

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