Acoustic Pianos & Stringed Keyboard Instruments - Eastern Asia
Eastern Asia- In 2024, the revenue in the Acoustic Pianos & Stringed Keyboard Instruments market in Eastern Asia amounts to US$682.9m.
- It is projected to experience an annual growth rate of 4.50% from 2024 to 2029, also known as a Compound Annual Growth Rate (CAGR).
- When comparing this market globally, it is noteworthy that China generates the highest revenue, reaching US$524.7m in 2024.
- Considering the population figures, the per person revenue generated in 2024 is US$0.42.
- In Eastern Asia, Japan continues to dominate the market for acoustic pianos and stringed keyboard instruments with its renowned craftsmanship and high-quality instruments.
- Key regions:
- United Kingdom,
- Italy,
- Asia,
- Worldwide,
- Europe
Definition:
Acoustic pianos and stringed keyboard instruments are musical instruments that produce sound by striking or plucking strings using a keyboard. Examples of acoustic pianos include grand pianos, baby grand pianos, and upright pianos. Examples of stringed keyboard instruments include harpsichords, clavichords, and spinets. These instruments are commonly used in classical music and have been popular for centuries. Modern versions of these instruments include electric pianos, which use electronic amplification to enhance their sound and allow for greater portability.
Additional Information:
The market for acoustic pianos and stringed keyboard instruments comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies such as Yamaha, Kawai, Steinway & Sons, and Casio. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Acoustic pianos, such as upright pianos and grand pianos
- Stringed keyboard instruments, such as harpsichords, spinets and clavichords
Out-Of-Scope
- Digital pianos and electronic keyboards, such as stage pianos, home digital pianos, arranger keyboards, workstation keyboards
- Accessories of musical instruments, such as piano benches and stools
- Toy musical instruments, such as mini keyboards
