+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Piano Market by Product and Geography - Forecast and Analysis 2020-2024 - Product Image

Piano Market by Product and Geography - Forecast and Analysis 2020-2024

  • ID: 4893945
  • Report
  • November 2019
  • Region: Global
  • 134 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • CASIO COMPUTER CO. LTD.
  • FAZIOLI PIANOFORTI SPA
  • Gibson Brands Inc.
  • Grotrian
  • Helfferich
  • Mason & Hamlin Piano Co.
  • MORE
Global Piano Market: About this market
The piano market analysis considers sales from both acoustic pianos and digital pianos. Our study also finds the sales of piano in APAC, Europe, MEA, North America, and South America. In 2019, the acoustic pianos segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as superior sound quality will play a significant role in the acoustic pianos segment to maintain its market position. Also, our global piano market report looks at factors such as inclusion of music in academic curricula, increasing online sales of pianos, expansion of distribution networks, and rising number of music festivals and live events. However, availability of music production software, long replacement cycle, and environmental concerns may hamper the growth of the piano industry over the forecast period.

Global Piano Market: Overview

Inclusion of music in academic curricula
Students across the globe are participating in activities to improve their social skills and cultural understanding. Extracurricular activities such as playing musical instruments also enable students to acquire multitasking, teamwork, and leadership abilities. Thus, schools and colleges across the world are incorporating extracurricular activities and add-on courses, particularly in music to their existing curricula. With more schools offering extracurricular courses, the number of students enrolling in piano learning courses is likely to surge. This inclusion of music in academic curricula will lead to the expansion of the global piano market at a CAGR of over 2% during the forecast period.

Emergence of hybrid pianos
Hybrid pianos have been gaining immense popularity among music enthusiasts. These pianos are increasingly being deployed to offer keyboard lessons as they combine the electronic, mechanical, and acoustic aspects of both acoustic and digital pianos. In addition, hybrid pianos occupy limited space and can be conveniently ported due to their small size and low weight. Furthermore, these pianos require minimal maintenance. Their tuning does not get affected by temperature and humidity due to the presence of amplifiers and speakers. They can also be connected digital interfaces, laptops, iPads, and other devices. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global piano market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading piano manufacturers, that include CASIO COMPUTER CO. LTD.; FAZIOLI PIANOFORTI SPA; Gibson Brands Inc.; Grotrian, Helfferich, Schulz, Th. Steinweg Nachf. GmbH; Korg Inc.; Mason & Hamlin Piano Co.; PETROF Spol s.r.o.; Roland Corp.; Steingraeber & Söhne KG; and Yamaha Corp.

Also, the piano market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • CASIO COMPUTER CO. LTD.
  • FAZIOLI PIANOFORTI SPA
  • Gibson Brands Inc.
  • Grotrian
  • Helfferich
  • Mason & Hamlin Piano Co.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis
PART 04: MARKET SIZING
  • Market definition
  • Market size
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Acoustic pianos - Market size and forecast 2019-2024
  • Digital pianos - Market size and forecast 2019-2024
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Preference for customized pianos
  • Advent of pianos equipped with smart devices and new technologies
  • Emergence of hybrid pianos
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • CASIO COMPUTER CO. LTD.
  • FAZIOLI PIANOFORTI SPA
  • Gibson Brands Inc.
  • Grotrian, Helfferich, Schulz, Th. Steinweg Nachf. GmbH
  • Korg Inc.
  • Mason & Hamlin Piano Co.
  • PETROF Spol s.r.o.
  • Roland Corp.
  • Steingraeber & Söhne KG
  • Yamaha Corp.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global leisure products market
Exhibit 02: Segments of global leisure products market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendors - Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Product - Market share 2019-2024 (%)
Exhibit 19: Comparison by product
Exhibit 20: Acoustic pianos - Market size and forecast 2019-2024 ($ millions)
Exhibit 21: Acoustic pianos - Year-over-year growth 2020-2024 (%)
Exhibit 22: Digital pianos - Market size and forecast 2019-2024 ($ millions)
Exhibit 23: Digital pianos - Year-over-year growth 2020-2024 (%)
Exhibit 24: Market opportunity by product
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2019-2024 (%)
Exhibit 27: Geographic comparison
Exhibit 28: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 29: North America - Year-over-year growth 2020-2024 (%)
Exhibit 30: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 31: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 32: APAC - Market size and forecast 2019-2024 ($ millions)
Exhibit 33: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 34: South America - Market size and forecast 2019-2024 ($ millions)
Exhibit 35: South America - Year-over-year growth 2020-2024 (%)
Exhibit 36: MEA - Market size and forecast 2019-2024 ($ millions)
Exhibit 37: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: CASIO COMPUTER CO. LTD. - Vendor overview
Exhibit 47: CASIO COMPUTER CO. LTD. - Business segments
Exhibit 48: CASIO COMPUTER CO. LTD. - Organizational developments
Exhibit 49: CASIO COMPUTER CO. LTD. - Geographic focus
Exhibit 50: CASIO COMPUTER CO. LTD. - Segment focus
Exhibit 51: CASIO COMPUTER CO. LTD. - Key offerings
Exhibit 52: FAZIOLI PIANOFORTI SPA - Vendor overview
Exhibit 53: FAZIOLI PIANOFORTI SPA - Product segments
Exhibit 54: FAZIOLI PIANOFORTI SPA - Key offerings
Exhibit 55: Gibson Brands Inc. - Vendor overview
Exhibit 56: Gibson Brands Inc. - Product segments
Exhibit 57: Gibson Brands Inc. - Organizational developments
Exhibit 58: Gibson Brands Inc. - Key offerings
Exhibit 59: Grotrian, Helfferich, Schulz, Th. Steinweg Nachf. GmbH - Vendor overview
Exhibit 60: Grotrian, Helfferich, Schulz, Th. Steinweg Nachf. GmbH - Product segments
Exhibit 61: Grotrian, Helfferich, Schulz, Th. Steinweg Nachf. GmbH - Key offerings
Exhibit 62: Korg Inc. - Vendor overview
Exhibit 63: Korg Inc. - Product segments
Exhibit 64: Korg Inc. - Organizational developments
Exhibit 65: Korg Inc. - Key offerings
Exhibit 66: Mason & Hamlin Piano Co. - Vendor overview
Exhibit 67: Mason & Hamlin Piano Co. - Product segments
Exhibit 68: Mason & Hamlin Piano Co. - Key offerings
Exhibit 69: PETROF Spol s.r.o. - Vendor overview
Exhibit 70: PETROF Spol s.r.o. - Product segments
Exhibit 71: PETROF Spol s.r.o. - Organizational developments
Exhibit 72: PETROF Spol s.r.o. - Key offerings
Exhibit 73: Roland Corp. - Vendor overview
Exhibit 74: Roland Corp. - Product segments
Exhibit 75: Roland Corp. - Organizational developments
Exhibit 76: Roland Corp. - Key offerings
Exhibit 77: Steingraeber & Söhne KG - Vendor overview
Exhibit 78: Steingraeber & Söhne KG - Product segments
Exhibit 79: Steingraeber & Söhne KG - Key offerings
Exhibit 80: Yamaha Corp. - Vendor overview
Exhibit 81: Yamaha Corp. - Business segments
Exhibit 82: Yamaha Corp. - Organizational developments
Exhibit 83: Yamaha Corp. - Geographic focus
Exhibit 84: Yamaha Corp. - Segment focus
Exhibit 85: Yamaha Corp. - Key offerings
Exhibit 86: Validation techniques employed for market sizing
Exhibit 87: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • CASIO COMPUTER CO. LTD.
  • FAZIOLI PIANOFORTI SPA
  • Gibson Brands Inc.
  • Grotrian
  • Helfferich
  • Mason & Hamlin Piano Co.
  • MORE
The following companies as the key players in the global piano market: CASIO COMPUTER CO. LTD.; FAZIOLI PIANOFORTI SPA; Gibson Brands Inc.; Grotrian, Helfferich, Schulz, Th. Steinweg Nachf. GmbH; Korg Inc.; Mason & Hamlin Piano Co.; PETROF Spol s.r.o.; Roland Corp.; Steingraeber & Söhne KG; and Yamaha Corp.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the emergence of hybrid pianos.”

According to the report, one of the major drivers for this market is the inclusion of music in academic curricula.

Further, the report states that one of the major factors hindering the growth of this market is the long replacement cycle.

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.
Note: Product cover images may vary from those shown
4 of 5
  • CASIO COMPUTER CO. LTD.
  • FAZIOLI PIANOFORTI SPA
  • Gibson Brands Inc.
  • Grotrian
  • Helfferich
  • Schulz
  • Th. Steinweg Nachf. GmbH Korg Inc.
  • Mason & Hamlin Piano Co.
  • PETROF Spol s.r.o.
  • RolCorp.
  • Steingraeber & Söhne KG
  • Yamaha Corp.
Note: Product cover images may vary from those shown
5 of 5

Loading
LOADING...

Adroll
adroll