Market Overview:
The global portable digital piano market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for portable digital pianos for learning and teaching applications, rising disposable income of consumers, and growing popularity of music among people. In addition, technological advancements in portable digital pianos are also contributing to the growth of this market. On the basis of type, the global portable digital piano market is segmented into 118 key, 147 key, and other types. The 118 key segment is expected to hold a major share in this market during the forecast period owing to its high demand from beginners and students. On the basis of application, this market is divided into learning and teaching; entertainment; performance; and other applications such as recording studios, churches etc.
Product Definition:
A Portable Digital Piano is a digital piano that can be transported easily. They are usually light and have a built-in battery so they can be played without being plugged in.
118 Key:
Keyboards. The most important component of a piano is the keys, and 118 key keyboard is designed for the players who need to play more than three octaves. This keyboard has extra high notes that are much harder to hit on a normal keyboards making it necessary for players with strong hands and arms.
147 Key:
Keyboard 147 is a compact keyboard instrument that has been designed to offer the same playing experience as a regular piano, but in a more portable and affordable format. It has been created by taking the best features of both acoustic and electric pianos, along with reducing some of their disadvantages. The result is an innovative hybrid instrument that can be used for both serious music making as well as for learning purposes.
Application Insights:
The learning and teaching application segment accounted for the largest share of over 50% in 2017. The growing demand for portable digital pianos in schools, colleges and universities across the world is expected to drive this segment. In addition, these instruments are widely used by teachers for piano lessons as they provide accurate keystroke imitation technology which helps students play better and faster.
The performance application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in live performances by professional pianists across the globe. Portable digital keyboards serve as perfect substitutes for stage-based electronic keyboards allowing players more control over sounds generated on-stage due largely to its weighted keys design that provides tactile response similar an acoustic piano does when played properly.
Regional Analysis:
North America dominated the global market in 2017. The U.S., as a musical nation, has been home to some of the most influential and innovative musicians and music composers over the past centuries. As portable digital pianos have become more popular in this region, it is natural that they would be adopted by amateurs for practicing purposes at home or for taking along on stage performances at concerts or recitals.
Asia Pacific is expected to register significant growth over the forecast period owing to increasing disposable income levels among middle-class populations of China and India, two major markets in this region.
Latin America offers tremendous potential for industry expansion due to growing adoption rates of technology among millennials & Generation Z population groups across Brazil.
Growth Factors:
- Increasing demand for digital pianos from the education sector as a result of growing popularity of music education
- Rising disposable income of the population, especially in developing countries, which is resulting in an increase in demand for high-end musical instruments such as digital pianos
- Proliferation of online music platforms and increasing number of amateur musicians who are looking to buy a quality digital piano to hone their skills
- Technological advancements that are making digital pianos more affordable and easier to use, thereby driving their adoption among a wider audience
- Growing interest among parents in providing their children with early exposure to music education through the use of portable digital pianos
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Digital Piano Market Research Report
By Type
118 Key, 147 Key, Other
By Application
LearningandTeaching, Entertainment, Performance, Other
By Companies
Yamaha, CASIO, Guangzhou Pearl River Piano Group, Samick, KORG, KAWAI, Roland, Ringway Tech, YOUNG CHANG, Xinghai Piano Group, Clavia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Portable Digital Piano Market Report Segments:
The global Portable Digital Piano market is segmented on the basis of:
Types
118 Key, 147 Key, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
LearningandTeaching, Entertainment, Performance, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yamaha
- CASIO
- Guangzhou Pearl River Piano Group
- Samick
- KORG
- KAWAI
- Roland
- Ringway Tech
- YOUNG CHANG
- Xinghai Piano Group
- Clavia
Highlights of The Portable Digital Piano Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 118 Key
- 147 Key
- Other
- By Application:
- LearningandTeaching
- Entertainment
- Performance
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Digital Piano Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Portable Digital Piano is a digital piano that can be taken with you wherever you go. They are usually smaller and lighter than traditional pianos, making them easier to transport. Some models even have built-in speakers so you can listen to your music anywhere.
Some of the major companies in the portable digital piano market are Yamaha, CASIO, Guangzhou Pearl River Piano Group, Samick, KORG, KAWAI, Roland, Ringway Tech, YOUNG CHANG, Xinghai Piano Group, Clavia.
The portable digital piano market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Digital Piano Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Portable Digital Piano Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Digital Piano Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Portable Digital Piano Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Portable Digital Piano Market Size & Forecast, 2018-2028
4.5.1 Portable Digital Piano Market Size and Y-o-Y Growth
4.5.2 Portable Digital Piano Market Absolute $ Opportunity
Chapter 5 Global Portable Digital Piano Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Portable Digital Piano Market Size Forecast by Type
5.2.1 118 Key
5.2.2 147 Key
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Portable Digital Piano Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Portable Digital Piano Market Size Forecast by Applications
6.2.1 LearningandTeaching
6.2.2 Entertainment
6.2.3 Performance
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Digital Piano Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Digital Piano Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Portable Digital Piano Analysis and Forecast
9.1 Introduction
9.2 North America Portable Digital Piano Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Portable Digital Piano Market Size Forecast by Type
9.6.1 118 Key
9.6.2 147 Key
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Portable Digital Piano Market Size Forecast by Applications
9.10.1 LearningandTeaching
9.10.2 Entertainment
9.10.3 Performance
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Portable Digital Piano Analysis and Forecast
10.1 Introduction
10.2 Europe Portable Digital Piano Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Portable Digital Piano Market Size Forecast by Type
10.6.1 118 Key
10.6.2 147 Key
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Portable Digital Piano Market Size Forecast by Applications
10.10.1 LearningandTeaching
10.10.2 Entertainment
10.10.3 Performance
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Portable Digital Piano Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Portable Digital Piano Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Portable Digital Piano Market Size Forecast by Type
11.6.1 118 Key
11.6.2 147 Key
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Portable Digital Piano Market Size Forecast by Applications
11.10.1 LearningandTeaching
11.10.2 Entertainment
11.10.3 Performance
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Portable Digital Piano Analysis and Forecast
12.1 Introduction
12.2 Latin America Portable Digital Piano Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Portable Digital Piano Market Size Forecast by Type
12.6.1 118 Key
12.6.2 147 Key
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Portable Digital Piano Market Size Forecast by Applications
12.10.1 LearningandTeaching
12.10.2 Entertainment
12.10.3 Performance
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Portable Digital Piano Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Portable Digital Piano Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Portable Digital Piano Market Size Forecast by Type
13.6.1 118 Key
13.6.2 147 Key
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Portable Digital Piano Market Size Forecast by Applications
13.10.1 LearningandTeaching
13.10.2 Entertainment
13.10.3 Performance
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Digital Piano Market: Competitive Dashboard
14.2 Global Portable Digital Piano Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yamaha
14.3.2 CASIO
14.3.3 Guangzhou Pearl River Piano Group
14.3.4 Samick
14.3.5 KORG
14.3.6 KAWAI
14.3.7 Roland
14.3.8 Ringway Tech
14.3.9 YOUNG CHANG
14.3.10 Xinghai Piano Group
14.3.11 Clavia
