Industry Analysis & Industry Trends
Industry Report - Industry Products Chapter
Western musical instruments
This product segment is set to account for 59.7% of industry revenue in 2012. This high percentage is due to the higher prices of Western musical instruments as well as strong demand. Pianos, violins, guitars, and wind instruments account for the largest proportion of this segment, as these products are the most popular domestically and globally.
China has been the largest manufacturer of Western musical instruments in the world for many years. Domestic manufacturers mainly focus on the low- and mid-end markets for these instruments, while foreign enterprises focus on more high-end products.
Pianos
Over the past five years, piano output rose, except for a slight decrease of 1.7% during 2006 to 358,600 units in 2010... purchase to read more