Global Keyboard Instruments Market Size & Outlook
Global keyboard instruments market, 2018-2030 (US$M)
Related Markets
Global keyboard instruments market highlights
- The global keyboard instruments market generated a revenue of USD 2,843.5 million in 2022 and is expected to reach USD 5,076.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.5% by 2030.
- In terms of segment, offline accounted for a revenue of USD 2,496.4 million in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 2,843.5 million |
| Market revenue in 2030 | USD 5,076.5 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
Other key industry trends
- In terms of revenue, the North America accounted for 29.2% of the global keyboard instruments market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 35.5 million by 2030.
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Keyboard Instruments Market Scope
Keyboard Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global keyboard instruments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to keyboard instruments market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 87.79% in 2022. Horizon Databook has segmented the Global keyboard instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Keyboard Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Global Keyboard Instruments Product Outlook (Revenue, USD Million, 2018-2030)
- Saxophone
- Flute
- Harmonica
- Piano
- Accordion
- Keyboard
- Drum Set
- Tabla
- Cajon
- Guitar
- Violin
- Cello
- Others
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Our clientele includes a mix of keyboard instruments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global keyboard instruments market , including forecasts for subscribers. This global databook contains high-level insights into Global keyboard instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global keyboard instruments market size, by region, 2018-2030 (US$M)
Top 10 countries: Keyboard instruments market size, 2022 (US$M)
Global keyboard instruments market share, by distribution channel, 2022 & 2030 (%, US$M)
Keyboard instruments market: Opportunity assessment by country
Global keyboard instruments market, by region, 2022 (US$M)
| Distribution Chann... | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 100.4 | 105.0 | 93.2 | 97.5 | 102.2 | 107.1 | 112.3 | 117.8 | 123.6 | 129.7 | 136.1 | 142.9 | 150.1 | 5.6% |
| Europe | 604.2 | 646.0 | 586.9 | 628.3 | 674.0 | 723.7 | 777.2 | 835.2 | 898.0 | 966.1 | 1,039.9 | 1,119.9 | 1,206.8 | 8.1% |
| North America | 775.8 | 821.0 | 738.3 | 782.4 | 830.7 | 882.8 | 938.3 | 997.9 | 1,061.9 | 1,130.4 | 1,204.1 | 1,283.1 | 1,368.1 | 6.9% |
| MEA | 78.8 | 83.5 | 75.2 | 79.8 | 84.8 | 90.2 | 96.0 | 102.2 | 108.8 | 115.9 | 123.6 | 131.7 | 140.5 | 7.2% |
| Asia Pacific | 997.1 | 1,075.4 | 985.5 | 1,064.4 | 1,151.8 | 1,247.6 | 1,351.5 | 1,465.1 | 1,589.1 | 1,724.5 | 1,872.4 | 2,034.1 | 2,211.0 | 9.0% |
| Overall | 2,556.3 | 2,730.9 | 2,479.1 | 2,652.3 | 2,843.5 | 3,051.4 | 3,275.3 | 3,518.2 | 3,781.4 | 4,066.6 | 4,376.1 | 4,711.9 | 5,076.5 | 7.5% |
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