Global Piano Sales Market Report 2023

SKU ID : QYR-23312439 | Publishing Date : 27-Mar-2023 | No. of pages : 151

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.

Market Analysis and Insights: Global Piano Market

Due to the COVID-19 pandemic, the global Piano market size is estimated to be worth US$ 2358 million in 2022 and is forecast to a readjusted size of US$ 2694.3 million by 2029 with a CAGR of 1.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Grand piano accounting for % of the Piano global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Performance segment is altered to an % CAGR throughout this forecast period.

Global Piano key players include Yamaha Pianos, KAWAI, Samick, Youngchang, Steinborgh, etc. Global top five players hold a share about 30%.

North America is the largest market, with a share about 60%, followed by China and Europe, having a total share about 30 percent.

In terms of product, Upright piano is the largest segment, with a share about 80%. And in terms of application, the largest application is Learning and teaching, followed by Performance, Entertainment.

Global Piano Scope and Market Size

The global Piano market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Piano market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Grand piano

Upright piano


Segment by Application


Performance

Learning and teaching

Entertainment

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Yamaha Pianos

KAWAI

Samick

Youngchang

Steinborgh

Steinway

Bechstein

Mason and Hamlin

AUGUST FOERSTER

Fazioli

Guangzhou Pearl River Piano Group

Hailun Pianos

Xinghai Piano Group

Goodway

DUKE Piano

Shanghai Mendelssohn Piano

Nanjing Schumann Piano

Harmony Piano

Artfield Piano

Shanghai Piano

J-Sder Piano

Kingsburg Piano

Huapu Piano

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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