Acoustic Pianos & Stringed Keyboard Instruments - Taiwan
Taiwan- In Taiwan, the revenue generated in the Acoustic Pianos & Stringed Keyboard Instruments market is recorded at US$30.5m in 2024.
- Looking ahead, the market is projected to experience an annual growth rate of 2.98% (CAGR 2024-2029).
- When compared globally, China stands as the top revenue generator in this market segment, with a staggering US$524.7m in 2024.
- In terms of per capita revenue, each individual in Taiwan contributes US$1.27 in 2024.
- Taiwan's growing appreciation for classical music and its emphasis on education has led to a surge in demand for acoustic pianos and stringed keyboard 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
