Market Overview:
The global thumb piano market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The thumb piano market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into 10 key, 17 key and others. On the basis of application, the market is segmented into performance, learning and teaching and entertainment. The North America region dominates the global thumb piano market in terms of revenue share followed by Europe and Asia Pacific regions respectively.
Product Definition:
A thumb piano, also known as a kalimba, is a small percussion instrument consisting of a wooden board or box with metal tines or keys arranged in an arc. The player plucks the tines with their thumbs to produce notes.
10 key:
10 key is a musical instrument with one octave and ten notes. It's like a miniature piano, but it has no pedals and no hammer mechanism. The notes can be played either by pressing the keys on the keyboard or by plucking the strings with your fingers.
17 key:
17 key is a piano technique in which the left hand plays all the notes of lower octave and right hand plays all the notes of upper octave. This technique is mostly used by beginners as it helps them to learn music easily. It also helps them to understand music intervals and chords easier apart from learning scales.
Application Insights:
The performance application segment dominated the global thumb piano market in 2017. This is attributed to the rising number of live performances by professional artists across various regions including North America and Europe. Furthermore, increasing popularity of live performances on social media platforms has also boosted the demand for a thumb piano in this segment. The learning and teaching application segment is expected to witness significant growth over the forecast period owing to increased interest among students towards learning music using physical keyboards instead of digital pianos or synthesizers.
The entertainment application segment was valued at USD 397 million in 2017 owing to growing use by amateurs for playing games and listening to music offline without any internet connection or mobile data charges. In addition, there are several apps available that can be used with a thumb piano, which enables users play songs from an online library without having any actual thumbs! These factors are likely to increase product demand among amateurs globally over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing number of concerts, live performances, and music festivals held in U.S., which has led to increased popularity of piano as a musical instrument among people from different age groups and genders.
Growth Factors:
- Increasing demand for unique instruments: The thumb piano is a unique instrument that is gaining popularity due to its distinctive sound. This is driving demand for the thumb piano, which is resulting in higher sales volumes.
- Rising popularity of music festivals: Music festivals are becoming increasingly popular, and this is benefiting the thumb piano market as more people are exposed to the instrument. This is helping to drive demand for the thumb piano among musicians and consumers alike.
- Growing interest in world music: There has been a growing interest in world music over the past few years, and this has helped to boost sales of thumb pianos as they are often used in traditional African music styles. This trend looks likely to continue, providing a positive growth outlook for the thumb piano market over the forecast period.
- Increasing number of online retailers: The number of online retailers selling thumb pianos has been increasing rapidly in recent years, providing consumers with a greater choice of products and competitive prices..This trend looks likely to continue over the forecast period, aiding growth prospects forthe market .5) rising disposable income levels : Disposable income levels have been rising steadily across emerging markets in recent years,, providing consumers with more purchasing power..This trend looks setto continue overthe forecastperiod,, benefittinggrowth prospectsforthumbpiano market
Scope Of The Report
Report Attributes
Report Details
Report Title
Thumb Piano Market Research Report
By Type
10 key, 17 key, Others
By Application
Performance, Learning and Teaching, Entertainment
By Companies
Mountain Melodies, TOM, Enya, Gecko, Walter, Larkyueqi, Brightsun, Mountain Melodies
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Thumb Piano Market Report Segments:
The global Thumb Piano market is segmented on the basis of:
Types
10 key, 17 key, Others
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
Performance, Learning and Teaching, Entertainment
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:
- Mountain Melodies
- TOM
- Enya
- Gecko
- Walter
- Larkyueqi
- Brightsun
- Mountain Melodies
Highlights of The Thumb 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:
- 10 key
- 17 key
- Others
- By Application:
- Performance
- Learning and Teaching
- Entertainment
- 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 Thumb 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
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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?
Thumb Piano is a type of keyboard that uses the thumb to play the notes.
Some of the major players in the thumb piano market are Mountain Melodies, TOM, Enya, Gecko, Walter, Larkyueqi, Brightsun, Mountain Melodies.
The thumb piano market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thumb 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 Thumb Piano Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thumb 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 Thumb 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 Thumb Piano Market Size & Forecast, 2018-2028
4.5.1 Thumb Piano Market Size and Y-o-Y Growth
4.5.2 Thumb Piano Market Absolute $ Opportunity
Chapter 5 Global Thumb 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 Thumb Piano Market Size Forecast by Type
5.2.1 10 key
5.2.2 17 key
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thumb 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 Thumb Piano Market Size Forecast by Applications
6.2.1 Performance
6.2.2 Learning and Teaching
6.2.3 Entertainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thumb 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 Thumb 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 Thumb Piano Analysis and Forecast
9.1 Introduction
9.2 North America Thumb 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 Thumb Piano Market Size Forecast by Type
9.6.1 10 key
9.6.2 17 key
9.6.3 Others
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 Thumb Piano Market Size Forecast by Applications
9.10.1 Performance
9.10.2 Learning and Teaching
9.10.3 Entertainment
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 Thumb Piano Analysis and Forecast
10.1 Introduction
10.2 Europe Thumb 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 Thumb Piano Market Size Forecast by Type
10.6.1 10 key
10.6.2 17 key
10.6.3 Others
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 Thumb Piano Market Size Forecast by Applications
10.10.1 Performance
10.10.2 Learning and Teaching
10.10.3 Entertainment
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 Thumb Piano Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thumb 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 Thumb Piano Market Size Forecast by Type
11.6.1 10 key
11.6.2 17 key
11.6.3 Others
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 Thumb Piano Market Size Forecast by Applications
11.10.1 Performance
11.10.2 Learning and Teaching
11.10.3 Entertainment
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 Thumb Piano Analysis and Forecast
12.1 Introduction
12.2 Latin America Thumb 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 Thumb Piano Market Size Forecast by Type
12.6.1 10 key
12.6.2 17 key
12.6.3 Others
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 Thumb Piano Market Size Forecast by Applications
12.10.1 Performance
12.10.2 Learning and Teaching
12.10.3 Entertainment
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) Thumb Piano Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thumb 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) Thumb Piano Market Size Forecast by Type
13.6.1 10 key
13.6.2 17 key
13.6.3 Others
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) Thumb Piano Market Size Forecast by Applications
13.10.1 Performance
13.10.2 Learning and Teaching
13.10.3 Entertainment
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 Thumb Piano Market: Competitive Dashboard
14.2 Global Thumb Piano Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mountain Melodies
14.3.2 TOM
14.3.3 Enya
14.3.4 Gecko
14.3.5 Walter
14.3.6 Larkyueqi
14.3.7 Brightsun
14.3.8 Mountain Melodies
