Digital Piano Global Market is Anticipated to Witness a 6.1% GAGR Expansion Between 2019 and 2026
According to the report, the Digital Piano market is predicted to achieve USD 1,196 million by 2026. This report examines the status quo and projections of the global Digital Piano market and analyzes the Digital Piano market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
A digital piano is a type of electronic keyboard designed to serve primarily as an alternative to the traditional piano, both in the way it feels to play and in the sound produced. It is intended to provide an accurate simulation of an acoustic piano. Some digital pianos are also designed to look like an ordinary piano, both the upright or grand piano. Digital pianos use either a synthesized emulation or samples of an actual piano, which are then amplified through an internal loudspeaker. Digital pianos incorporate weighted keys, which recreate the feel of an acoustic piano.
The Digital Piano market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Williams, Yamaha, Long Beach Music, Hamzer, The ONE Music Group, Casio, TMS, Roland, Privia, Kurzweil, Korg, PianoMaestro, Artesia, and etc. Yamaha is the world leader, holding nearly 32.6 % sales market share in 2016. Key players are focusing on inorganic growth to sustain their livelihoods in the midst of fierce competition. Therefore, mergers, acquisitions and joint ventures are a matter of time.
Get FREE Sample of Digital Piano Market Report at:
Value:
It is estimated that the total market value of the Digital Piano global market is poised to reach USD 1,196 million in 2026 from USD 790 million in 2019, with a CAGR of 6.1%. In the future, the global market is expected to maintain steady growth due to the increase in applications. Therefore, in the next few years, digital piano consumption will show a steady growth trend. In 2023, the consumption of digital pianos is estimated to be 906 K units. In terms of product prices, the upward trend in recent years will remain in the future.
Facilitating and Limiting Factors:
The overall digital piano market has witnessed considerable growth in the recent past, owing to an upsurge in the global entertainment and media industry. Increase in consumer preference for good-quality products and growth in disposable incomes of consumers are also likely to boost the digital piano market. Moreover, piano manufacturers are striving to offer innovative products in the market, providing impetus to the digital piano market growth. On the flip side, there are also factors that may hamper the growth of the market such as the high cost.
The global Digital Piano market is broadly divided based on type, application, and region:
By type - 25 keys, 49 keys, 61 keys, 76 keys, 88 keys, Others
By application - Performance, Entertainment, Learning and Teaching
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
The Asia-Pacific is the global digital piano market leader in 2018, followed by North America & Europe markets, possessing the market share of 46.23%, 22.71% and 19.51% respectively. The Asia-Pacific is projected to account a major share of the Digital Piano Market, with annual production value roughly USD 344 million in 2018.
Purchase a copy of Digital Piano report at:
What Information does this report contain?
l The report covers the prediction and analysis of the global Digital Piano market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
Audience:
l Digital Piano manufacturers
l Digital Piano importers and exporters
l Digital Piano traders, distributors, and suppliers
l Raw material suppliers of Digital Piano
l Digital Piano industry associations
l Product managers, Digital Piano industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Digital Piano Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Digital Piano Market by Types
4 Segmentation of Digital Piano Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Digital Piano Market in Major Countries
7 North America Digital Piano Landscape Analysis
8 Europe Digital Piano Landscape Analysis
9 Asia Pacific Digital Piano Landscape Analysis
10 Latin America, Middle East & Africa Digital Piano Landscape Analysis
11 Major Players Profile
11.1 Williams
11.1.1 Williams Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Yamaha
11.3 Long Beach Music
11.4 Hamzer
11.5 The ONE Music Group
11.6 Casio
11.7 TMS
11.8 Roland
11.9 Privia
11.10 Kurzweil
11.11 Korg
11.12 PianoMaestro
11.13 Artesia
…
Ask for a discount at:
About US
Global Market Monitor is a company that provides comprehensive services and products to global clients. We regularly update new reports on the website, ensuring that our clients stay abreast of the latest trends in their industries.
We engage in a wide, diverse range of international businesses and have established a sound customer base with about 11,000 clients in over 102 countries and regions. Headquartered in the USA and with 6 global offices around the world, it is convenient for Global Market Monitor to get a global view for global clients.
We are always committed to deliver customized market research solutions with the highest quality. As an information service company, we are specialized in offering market intelligence services from more than 500 research institute, involving plenty of industries, companies, trends, market drivers and other strategic data. About 100 million statistics with tables, figures and datasets are easy to access. Reports provided by Global Market Monitor can reveal the interrelationship between industries and markets, so that our clients have a better understanding of the global economy, risk, opportunity and financial impact.
Contact:
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.
Chinese