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Pianos-Global Market Insights and Sales Trends 2024
Synopsis
Pianoforte is a musical instrument in which felt-covered hammers, operated from a keyboard, strike the metal strings. It is commonly used for solo performances, ensemble, accompaniment and other performances, and it is very convenient for composing and rehearsing music.
The global Pianos market size is expected to reach US$ 2697.6 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is mainly driven by the significant applications of Pianos in various end use industries. The expanding demands from the Professional, Training Institutions, Household and Other, are propelling Pianos market. Acoustic Pianos (Grand Pianos & Upright Pianos), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Digital Pianos segment is estimated at % CAGR for the next seven-year period.
The global Pianoforte market is led by China, capturing about 72% of global Pianoforte consumption. Japna is the second-largest region-wise market with 8% global consumption share.
At present, the major manufacturers of Pianoforte are Yamaha Pianos, KAWAI, Samick, Youngchang, Guangzhou Pearl River Piano Group, Hailun Pianos, Xinghai Piano Group, Goodway, etc. Guangzhou Pearl River Piano Group is the world leader, holding 26% sales market share.
In application, Pianoforte downstream is wide and recently Pianoforte has acquired increasing significance in various fields of performance, learning and teaching, entertainment and others. Globally, the Pianoforte market is mainly driven by growing demand for learning and teaching which accounts for nearly 44% of total downstream consumption of Pianoforte in global.
In type, Pianoforte can be divided into grand piano and upright piano. Upright piano holds most of Pianoforte sales with the Market Share (%) was 83%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pianos, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pianos market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pianos market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pianos sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pianos covered in this report include Baldwin Piano & Organ (US), C. Bechstein Pianofortefabrik (Germany), Casio Computer (Japan), Fazioli Pianoforti (Italy), Guangzhou Pearl River Piano (China), Julius Bluthner Pianofortefabrik (Germany), Kawai Musical Instruments (Japan), Kawai America (US) and Korg (Japan), etc.
The global Pianos market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Baldwin Piano & Organ (US)
C. Bechstein Pianofortefabrik (Germany)
Casio Computer (Japan)
Fazioli Pianoforti (Italy)
Guangzhou Pearl River Piano (China)
Julius Bluthner Pianofortefabrik (Germany)
Kawai Musical Instruments (Japan)
Kawai America (US)
Korg (Japan)
Mason and Hamlin Piano (US)
Petrof Spol (Czech Republic)
Roland (Japan)
Global Pianos market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pianos market, Segment by Type:
Acoustic Pianos (Grand Pianos & Upright Pianos)
Digital Pianos
Global Pianos market, by Application
Professional
Training Institutions
Household
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pianos manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pianos in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Pianoforte is a musical instrument in which felt-covered hammers, operated from a keyboard, strike the metal strings. It is commonly used for solo performances, ensemble, accompaniment and other performances, and it is very convenient for composing and rehearsing music.
The global Pianos market size is expected to reach US$ 2697.6 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is mainly driven by the significant applications of Pianos in various end use industries. The expanding demands from the Professional, Training Institutions, Household and Other, are propelling Pianos market. Acoustic Pianos (Grand Pianos & Upright Pianos), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Digital Pianos segment is estimated at % CAGR for the next seven-year period.
The global Pianoforte market is led by China, capturing about 72% of global Pianoforte consumption. Japna is the second-largest region-wise market with 8% global consumption share.
At present, the major manufacturers of Pianoforte are Yamaha Pianos, KAWAI, Samick, Youngchang, Guangzhou Pearl River Piano Group, Hailun Pianos, Xinghai Piano Group, Goodway, etc. Guangzhou Pearl River Piano Group is the world leader, holding 26% sales market share.
In application, Pianoforte downstream is wide and recently Pianoforte has acquired increasing significance in various fields of performance, learning and teaching, entertainment and others. Globally, the Pianoforte market is mainly driven by growing demand for learning and teaching which accounts for nearly 44% of total downstream consumption of Pianoforte in global.
In type, Pianoforte can be divided into grand piano and upright piano. Upright piano holds most of Pianoforte sales with the Market Share (%) was 83%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pianos, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pianos market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pianos market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pianos sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pianos covered in this report include Baldwin Piano & Organ (US), C. Bechstein Pianofortefabrik (Germany), Casio Computer (Japan), Fazioli Pianoforti (Italy), Guangzhou Pearl River Piano (China), Julius Bluthner Pianofortefabrik (Germany), Kawai Musical Instruments (Japan), Kawai America (US) and Korg (Japan), etc.
The global Pianos market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Baldwin Piano & Organ (US)
C. Bechstein Pianofortefabrik (Germany)
Casio Computer (Japan)
Fazioli Pianoforti (Italy)
Guangzhou Pearl River Piano (China)
Julius Bluthner Pianofortefabrik (Germany)
Kawai Musical Instruments (Japan)
Kawai America (US)
Korg (Japan)
Mason and Hamlin Piano (US)
Petrof Spol (Czech Republic)
Roland (Japan)
Global Pianos market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pianos market, Segment by Type:
Acoustic Pianos (Grand Pianos & Upright Pianos)
Digital Pianos
Global Pianos market, by Application
Professional
Training Institutions
Household
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pianos manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pianos in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Pianos Market Overview
1.1 Pianos Product Overview
1.2 Pianos Market Segment by Type
1.2.1 Acoustic Pianos (Grand Pianos & Upright Pianos)
1.2.2 Digital Pianos
1.3 Global Pianos Market Size by Type
1.3.1 Global Pianos Market Size Overview by Type (2018-2029)
1.3.2 Global Pianos Historic Market Size Review by Type (2018-2023)
1.3.3 Global Pianos Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Pianos Sales Breakdown by Type (2018-2023)
1.4.2 Europe Pianos Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Pianos Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Pianos Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Pianos Sales Breakdown by Type (2018-2023)
2 Global Pianos Market Competition by Company
2.1 Global Top Players by Pianos Sales (2018-2023)
2.2 Global Top Players by Pianos Revenue (2018-2023)
2.3 Global Top Players by Pianos Price (2018-2023)
2.4 Global Top Manufacturers Pianos Manufacturing Base Distribution, Sales Area, Product Type
2.5 Pianos Market Competitive Situation and Trends
2.5.1 Pianos Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Pianos Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Pianos as of 2022)
2.7 Date of Key Manufacturers Enter into Pianos Market
2.8 Key Manufacturers Pianos Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Pianos Status and Outlook by Region
3.1 Global Pianos Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Pianos Historic Market Size by Region
3.2.1 Global Pianos Sales in Volume by Region (2018-2023)
3.2.2 Global Pianos Sales in Value by Region (2018-2023)
3.2.3 Global Pianos Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Pianos Forecasted Market Size by Region
3.3.1 Global Pianos Sales in Volume by Region (2024-2029)
3.3.2 Global Pianos Sales in Value by Region (2024-2029)
3.3.3 Global Pianos Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Pianos by Application
4.1 Pianos Market Segment by Application
4.1.1 Professional
4.1.2 Training Institutions
4.1.3 Household
4.1.4 Other
4.2 Global Pianos Market Size by Application
4.2.1 Global Pianos Market Size Overview by Application (2018-2029)
4.2.2 Global Pianos Historic Market Size Review by Application (2018-2023)
4.2.3 Global Pianos Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Pianos Sales Breakdown by Application (2018-2023)
4.3.2 Europe Pianos Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Pianos Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Pianos Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Pianos Sales Breakdown by Application (2018-2023)
5 North America Pianos by Country
5.1 North America Pianos Historic Market Size by Country
5.1.1 North America Pianos Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Pianos Sales in Volume by Country (2018-2023)
5.1.3 North America Pianos Sales in Value by Country (2018-2023)
5.2 North America Pianos Forecasted Market Size by Country
5.2.1 North America Pianos Sales in Volume by Country (2024-2029)
5.2.2 North America Pianos Sales in Value by Country (2024-2029)
6 Europe Pianos by Country
6.1 Europe Pianos Historic Market Size by Country
6.1.1 Europe Pianos Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Pianos Sales in Volume by Country (2018-2023)
6.1.3 Europe Pianos Sales in Value by Country (2018-2023)
6.2 Europe Pianos Forecasted Market Size by Country
6.2.1 Europe Pianos Sales in Volume by Country (2024-2029)
6.2.2 Europe Pianos Sales in Value by Country (2024-2029)
7 Asia-Pacific Pianos by Region
7.1 Asia-Pacific Pianos Historic Market Size by Region
7.1.1 Asia-Pacific Pianos Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Pianos Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Pianos Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Pianos Forecasted Market Size by Region
7.2.1 Asia-Pacific Pianos Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Pianos Sales in Value by Region (2024-2029)
8 Latin America Pianos by Country
8.1 Latin America Pianos Historic Market Size by Country
8.1.1 Latin America Pianos Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Pianos Sales in Volume by Country (2018-2023)
8.1.3 Latin America Pianos Sales in Value by Country (2018-2023)
8.2 Latin America Pianos Forecasted Market Size by Country
8.2.1 Latin America Pianos Sales in Volume by Country (2024-2029)
8.2.2 Latin America Pianos Sales in Value by Country (2024-2029)
9 Middle East and Africa Pianos by Country
9.1 Middle East and Africa Pianos Historic Market Size by Country
9.1.1 Middle East and Africa Pianos Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Pianos Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Pianos Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Pianos Forecasted Market Size by Country
9.2.1 Middle East and Africa Pianos Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Pianos Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Baldwin Piano & Organ (US)
10.1.1 Baldwin Piano & Organ (US) Company Information
10.1.2 Baldwin Piano & Organ (US) Introduction and Business Overview
10.1.3 Baldwin Piano & Organ (US) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Baldwin Piano & Organ (US) Pianos Products Offered
10.1.5 Baldwin Piano & Organ (US) Recent Development
10.2 C. Bechstein Pianofortefabrik (Germany)
10.2.1 C. Bechstein Pianofortefabrik (Germany) Company Information
10.2.2 C. Bechstein Pianofortefabrik (Germany) Introduction and Business Overview
10.2.3 C. Bechstein Pianofortefabrik (Germany) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.2.4 C. Bechstein Pianofortefabrik (Germany) Pianos Products Offered
10.2.5 C. Bechstein Pianofortefabrik (Germany) Recent Development
10.3 Casio Computer (Japan)
10.3.1 Casio Computer (Japan) Company Information
10.3.2 Casio Computer (Japan) Introduction and Business Overview
10.3.3 Casio Computer (Japan) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Casio Computer (Japan) Pianos Products Offered
10.3.5 Casio Computer (Japan) Recent Development
10.4 Fazioli Pianoforti (Italy)
10.4.1 Fazioli Pianoforti (Italy) Company Information
10.4.2 Fazioli Pianoforti (Italy) Introduction and Business Overview
10.4.3 Fazioli Pianoforti (Italy) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Fazioli Pianoforti (Italy) Pianos Products Offered
10.4.5 Fazioli Pianoforti (Italy) Recent Development
10.5 Guangzhou Pearl River Piano (China)
10.5.1 Guangzhou Pearl River Piano (China) Company Information
10.5.2 Guangzhou Pearl River Piano (China) Introduction and Business Overview
10.5.3 Guangzhou Pearl River Piano (China) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Guangzhou Pearl River Piano (China) Pianos Products Offered
10.5.5 Guangzhou Pearl River Piano (China) Recent Development
10.6 Julius Bluthner Pianofortefabrik (Germany)
10.6.1 Julius Bluthner Pianofortefabrik (Germany) Company Information
10.6.2 Julius Bluthner Pianofortefabrik (Germany) Introduction and Business Overview
10.6.3 Julius Bluthner Pianofortefabrik (Germany) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Julius Bluthner Pianofortefabrik (Germany) Pianos Products Offered
10.6.5 Julius Bluthner Pianofortefabrik (Germany) Recent Development
10.7 Kawai Musical Instruments (Japan)
10.7.1 Kawai Musical Instruments (Japan) Company Information
10.7.2 Kawai Musical Instruments (Japan) Introduction and Business Overview
10.7.3 Kawai Musical Instruments (Japan) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Kawai Musical Instruments (Japan) Pianos Products Offered
10.7.5 Kawai Musical Instruments (Japan) Recent Development
10.8 Kawai America (US)
10.8.1 Kawai America (US) Company Information
10.8.2 Kawai America (US) Introduction and Business Overview
10.8.3 Kawai America (US) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kawai America (US) Pianos Products Offered
10.8.5 Kawai America (US) Recent Development
10.9 Korg (Japan)
10.9.1 Korg (Japan) Company Information
10.9.2 Korg (Japan) Introduction and Business Overview
10.9.3 Korg (Japan) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Korg (Japan) Pianos Products Offered
10.9.5 Korg (Japan) Recent Development
10.10 Mason and Hamlin Piano (US)
10.10.1 Mason and Hamlin Piano (US) Company Information
10.10.2 Mason and Hamlin Piano (US) Introduction and Business Overview
10.10.3 Mason and Hamlin Piano (US) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mason and Hamlin Piano (US) Pianos Products Offered
10.10.5 Mason and Hamlin Piano (US) Recent Development
10.11 Petrof Spol (Czech Republic)
10.11.1 Petrof Spol (Czech Republic) Company Information
10.11.2 Petrof Spol (Czech Republic) Introduction and Business Overview
10.11.3 Petrof Spol (Czech Republic) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Petrof Spol (Czech Republic) Pianos Products Offered
10.11.5 Petrof Spol (Czech Republic) Recent Development
10.12 Roland (Japan)
10.12.1 Roland (Japan) Company Information
10.12.2 Roland (Japan) Introduction and Business Overview
10.12.3 Roland (Japan) Pianos Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Roland (Japan) Pianos Products Offered
10.12.5 Roland (Japan) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Pianos Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Pianos Industrial Chain Analysis
11.4 Pianos Market Dynamics
11.4.1 Pianos Industry Trends
11.4.2 Pianos Market Drivers
11.4.3 Pianos Market Challenges
11.4.4 Pianos Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Pianos Distributors
12.3 Pianos Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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