2018 Piano (Pianoforte) Global Market Size, Share, Growth, Analysis and Forecast

This report studies the global Piano (Pianoforte) market status and forecast, categorizes the global Piano (Pianoforte) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.

In global market, the sales of 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.

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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 global Piano (Pianoforte) market is valued at 2180 million US$ in 2017 and will reach 2490 million US$ by the end of 2025, growing at a CAGR of 1.9% during 2018-2025.

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The major manufacturers covered in this report
•    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

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
•    North America
•    Europe
•    China
•    Japan
•    India
•    Southeast Asia
•    Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:
•    North America
•    United States
•    Canada
•    Mexico
•    Asia-Pacific
•    China
•    India
•    Japan
•    South Korea
•    Australia
•    Indonesia
•    Singapore
•    Rest of Asia-Pacific
•    Europe
•    Germany
•    France
•    UK
•    Italy
•    Spain
•    Russia
•    Rest of Europe
•    Central & South America
•    Brazil
•    Argentina
•    Rest of South America
•    Middle East & Africa
•    Saudi Arabia
•    Turkey
•    Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
•    Grand piano
•    Upright piano

By Application, the market can be split into
•    Performance
•    Learning and teaching
•    Entertainment

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