The musical instruments and musical equipment (MI) industry in Europe is a dynamic and diverse sector covering several important areas. The main players include manufacturers of musical instruments (such as guitars, pianos and wind instruments) and music electronics (such as mixing consoles and effects devices). Music retailers, both bricks-and-mortar and online, play a key role in marketing these products. Importers and wholesalers ensure that manufacturers' products reach retailers and thus contribute to their distribution in the market. There are also various service providers, such as repair shops, music schools and publishers of sheet music and music literature, who support the practice and education of music.

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The MI industry is promoted through major events and trade fairs such as the 'MUSIC DEALER DAYS' (formerly SOMM DEALER DAYS) and international trade fairs such as the NAMM Show in the USA and Music China. Sales in this industry vary by region and market segment and are influenced by factors such as market demand, technological advances and interest in making music. Increased interest in making music at home, particularly during the COVID-19 pandemic, has led to increased sales in certain segments. Overall, the musical instrument and equipment industry is an essential part of the cultural and creative industries, where innovation, quality and customer focus are paramount.

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