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The piano market is forecasted to grow by USD 349.4 million during 2024-2029, accelerating at a CAGR of 2.5% during the forecast period. The report on the piano market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by inclusion of music in academic curricula, increasing online sales of pianos, and expansion of distribution networks.
The piano market is segmented as below:
By Distribution Channel
- Offline
- Online
By Product
- Acoustic piano
- Digital piano
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the piano market covers the following areas:
- Piano Market sizing
- Piano Market forecast
- Piano Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Distribution Channel
9 Market Segmentation by Product
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global piano market: AUGUST FORSTER GmbH, C. Bechstein Pianoforte AG, Carl Sauter Pianofortemanufaktur GmbH and Co. KG, CASIO Computer Co. Ltd., Fazioli Pianoforti spa, GROTRIAN PIANO COMPANY GmbH, Guangzhou Pearl River Piano Group Co. Ltd., Julius Bluthner Pianofortefabrik GmbH, Kawai Musical Instruments Mfg. Co. Ltd., KORG Inc., Mason and Hamlin Piano Co., PETROF Spol s.r.o., Roland Corp., Samick Music Corp., SCHULZE POLLMANN PIANOFORTI SRL, Steingraeber and Sohne KG, Steinway Inc., Stuart and Sons, Wilhelm Schimmel Pianofortefabrik GmbH, and Yamaha Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is preference for customized pianos."
According to the report, one of the major drivers for this market is the inclusion of music in academic curricula.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AUGUST FORSTER GmbH
- C. Bechstein Pianoforte AG
- Carl Sauter Pianofortemanufaktur GmbH and Co. KG
- CASIO Computer Co. Ltd.
- Fazioli Pianoforti spa
- GROTRIAN PIANO COMPANY GmbH
- Guangzhou Pearl River Piano Group Co. Ltd.
- Julius Bluthner Pianofortefabrik GmbH
- Kawai Musical Instruments Mfg. Co. Ltd.
- KORG Inc.
- Mason and Hamlin Piano Co.
- PETROF Spol s.r.o.
- Roland Corp.
- Samick Music Corp.
- SCHULZE POLLMANN PIANOFORTI SRL
- Steingraeber and Sohne KG
- Steinway Inc.
- Stuart and Sons
- Wilhelm Schimmel Pianofortefabrik GmbH
- Yamaha Corp.
