The press service of the joint congressional committee on inaugural ceremonies announced the line up on Wednesday, which includes violinist Itzhak Perlman, cellist Yo-Yo-Ma, pianist Gabriela Montero and poet Elizabeth Alexander, which will take place in the U.S. capital.
Over 11,000 U.S. troops and 8,000 police are also expected to be on hand to ensure security as the United State's first black president takes his oath of office.
Estimates have put the number of visitors planning to travel to Washington to see the inauguration as up to five million, which will far exceed the current record of 1.2 million people who lined the Mall for Lyndon B. Johnson's inaugural parade in 1965.
With only 240,000 tickets available for the swearing-in ceremony though most people are expected to watch Obama take his oath on large screen TVs due to be erected along the parade route and surrounding areas.
Taking part in the parade, which follows the midday presidential swearing-in ceremony, will be the crew of the Endeavour space shuttle that recently visited the International Space Station, as well as a space rover, which is part of "a new generation of lunar rovers that astronauts will take with them when they return to the moon by 2020," the organizing committee said in a statement.