Piano (Piano (Pianoforte) Market is Booming at a Highest CAGR of 2.0% With Major key Players Yamaha Pianos, KAWAI, Samick, Youngchang, Steinborgh, Steinway, Bechstein and Others 2019-2024Pianoforte) Market 2019-2024
                     Piano (Pianoforte) Market is Booming at a 
Highest CAGR of 2.0% With Major key Players Yamaha Pianos, 
KAWAI, Samick, Youngchang, Steinborgh, Steinway, Bechstein and 
Others 2019-2024
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.
“Pianoforte increase from 548579 Units in 2012 to 668062 Units in 2016, at 
a CAGR of 5.05%. In 2016, the global Pianoforte market is led by China, 
capturing about 72.29% of global Pianoforte consumption. Japna is the 
second-largest region-wise market with 8.60% global consumption share." 
At present, the major manufacturers of Pianoforte are Yamaha Pianos, KAWAI, 
Samick, Youngchang, Guangzhou Pearl River Piano Group, Hailun Pianos, Xinghai 
Piano Group, Goodway, etc. Guangzhou Pearl River Piano Group is the world leader, 
holding 26.11 % sales market share in 2016. In application, Pianoforte downstream is 
wide and recently Pianoforte has acquired increasing significance in various fields of 
performance, learning and teaching, entertainment and others. Globally, the 
Pianoforte market is mainly driven by growing demand for learning and teaching 
which accounts for nearly 44.72% of total downstream consumption of Pianoforte in 
global.
“In type, Pianoforte can be divided into grand piano and upright piano. 
Upright piano holds most of Pianoforte sales. In 2016, the Upright piano 
Sales was 558975 Units and the Market Share (%) was 83.67%, and it will 
be 687615 Units and 85.54% in 2023, with a CAGR 3.00% from 2016 to 
2023.”
In the future, global market is expected to witness steady growth on account of rising 
applications, so in the next few years, Pianoforte consumption will show a trend of 
steady growth. In 2023 the consumption of Pianoforte is estimated to be 803825 
Units. On product prices, the slow downward trend in recent years will maintain in 
the future.
“The worldwide market for Piano (Pianoforte) is 
expected to grow at a CAGR of roughly 2.0% over the 
next five years, will reach 2410 million US$ in 2024, 
from 2180 million US$ in 2019, according to a new 
study.”
This report focuses on the Piano (Pianoforte) in global market, especially in North 
America, Europe and Asia-Pacific, South America, Middle East and Africa. This 
report categorizes the market based on manufacturers, regions, type and 
application.
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Market Segment by Manufacturers, this report covers
*Yamaha Pianos
*KAWAI
*Samick
*Youngchang
*Steinborgh
*Steinway
*Bechstein
*Mason & 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
Market Segment by Regions, regional analysis covers
*North America (United States, Canada and Mexico)
*Europe (Germany, France, UK, Russia and Italy)
*Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
*South America (Brazil, Argentina, Colombia etc.)
*Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
*Grand piano
*Upright piano
Market Segment by Applications, can be divided into
*Performance
*Learning and teaching
*Entertainment
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The content of the study subjects, includes a total of 15 chapters:
*Chapter 1, to describe Piano (Pianoforte) product scope, market overview, 
market opportunities, market driving force and market risks.
*Chapter 2, to profile the top manufacturers of Piano (Pianoforte), with price, 
sales, revenue and global market share of Piano (Pianoforte) in 2017 and 2018.
*Chapter 3, the Piano (Pianoforte) competitive situation, sales, revenue and 
global market share of top manufacturers are analyzed emphatically by 
landscape contrast.
*Chapter 4, the Piano (Pianoforte) breakdown data are shown at the regional 
level, to show the sales, revenue and growth by regions, from 2014 to 2019.
*Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with 
sales, revenue and market share for key countries in the world, from 2014 to 
2019.
*Chapter 10 and 11, to segment the sales by type and application, with sales 
market share and growth rate by type, application, from 2014 to 2019.
*Chapter 12, Piano (Pianoforte) market forecast, by regions, type and 
application, with sales and revenue, from 2019 to 2024.
*Chapter 13, 14 and 15, to describe Piano (Pianoforte) sales channel, 
distributors, customers, research findings and conclusion, appendix and data 
source.
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