Global Keyboard Instruments Market Size & Outlook

The keyboard instruments industry worldwide is expected to reach a projected revenue of US$ 5,076.5 million by 2030. A compound annual growth rate of 7.5% is expected of the worldwide keyboard instruments industry from 2023 to 2030.
Revenue, 2022 (US$M)
$2,843.5
Forecast, 2030 (US$M)
$5,076.5
CAGR, 2023 - 2030
7.5%
Report Coverage
Worldwide

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 2022USD 2,843.5 million
Market revenue in 2030USD 5,076.5 million
Growth rate7.5% (CAGR from 2022 to 2030)
Largest segmentOffline
Fastest growing segmentOnline
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOnline, 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Keyboard Instruments Market Scope

Keyboard instruments market segmentation & 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

Reasons to subscribe to Global keyboard instruments market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global keyboard instruments market databook

  • Our clientele includes a mix of keyboard instruments market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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.

Partial client list

  • logo

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)

Global keyboard instruments market size, by region, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more