Global Digital Piano Market Research Report 2020
A digital piano is a modern electronic musical instrument, a variation of electronic keyboard or synthesizer designed to serve primarily as an alternative to the traditional acoustic piano, both in the way it feels to play and in the sound produced.
At present, the major manufacturers of digital piano are Yamaha, CASIO, Guangzhou Pearl River Piano Group, Samick, KAWAI, Roland, etc. Yamaha is the world leader, holding 32.6 % sales market share in 2016. In the future, global market is expected to witness steady growth on account of rising applications, so in the next few years, digital piano consumption will show a trend of steady growth. In 2023 the consumption of digital piano is estimated to be 906 K Units. On product prices, the rise trend in recent years will maintain in the future.
The global Digital Piano market is valued at 1026.8 million US$ in 2020 is expected to reach 1530.4 million US$ by the end of 2026, growing at a CAGR of 5.8% during 2021-2026.
This report focuses on Digital Piano volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Digital Piano market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Digital Piano market is segmented into
Vertical Digital Piano
Grand Digital Piano
Portable Digital Piano
Segment by Application
Learning and Teaching
Entertainment
Performance
Others
Global Digital Piano Market: Regional Analysis
The Digital Piano market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Digital Piano market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Digital Piano Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Digital Piano market include:
Yamaha
CASIO
Guangzhou Pearl River Piano Group
Samick
KORG
KAWAI
Roland
Ringway Tech
YOUNG CHANG
Xinghai Piano Group
Clavia
At present, the major manufacturers of digital piano are Yamaha, CASIO, Guangzhou Pearl River Piano Group, Samick, KAWAI, Roland, etc. Yamaha is the world leader, holding 32.6 % sales market share in 2016. In the future, global market is expected to witness steady growth on account of rising applications, so in the next few years, digital piano consumption will show a trend of steady growth. In 2023 the consumption of digital piano is estimated to be 906 K Units. On product prices, the rise trend in recent years will maintain in the future.
The global Digital Piano market is valued at 1026.8 million US$ in 2020 is expected to reach 1530.4 million US$ by the end of 2026, growing at a CAGR of 5.8% during 2021-2026.
This report focuses on Digital Piano volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Digital Piano market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Digital Piano market is segmented into
Vertical Digital Piano
Grand Digital Piano
Portable Digital Piano
Segment by Application
Learning and Teaching
Entertainment
Performance
Others
Global Digital Piano Market: Regional Analysis
The Digital Piano market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Digital Piano market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Digital Piano Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Digital Piano market include:
Yamaha
CASIO
Guangzhou Pearl River Piano Group
Samick
KORG
KAWAI
Roland
Ringway Tech
YOUNG CHANG
Xinghai Piano Group
Clavia
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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