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Piano & Keyboard Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Piano & Keyboard Manufacturing Market Research Report | Consumer Goods & Services | Leisure Product Manufacturing | May 2012

Overseas keys: With imports dominating the market, performance for US firms was muted

IBISWorld’s Piano & Keyboard Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Samick Musical Instrument Co. Samick Musical Instrument Co. market share
Steinway Steinway market share
Industry Statistics & Market Size
Revenue
$242m
Annual Growth 07-12
-6.2%
Annual Growth 12-17
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Profit
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Employment
1,226
Businesses
56
Industry Analysis & Industry Trends

Industry Report - Industry Products Chapter

Piano manufacturers produce all types of pianos and keyboards, including grand pianos, upright pianos, electronic player pianos and digital pianos. Most pianos are either acoustic or electric. Acoustic pianos utilize metal strings and hammers inside of a sound cabinet to produce sound. When a key is struck, its corresponding hammer hits the metal string, reverberating sound through the frame. Electric pianos either use analog circuitry or digital electronics in order to simulate piano sounds.

Grand pianos

A grand piano is an acoustic piano in which the strings and hammers inside the sound cabinet are laid horizontally and the frame is carved in the shape of a harp. Because the layout is horizontal, the hammers fall off the strings by gravity. Gra... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Piano & Keyboard Manufacturing Industry?

Firms in this industry manufacture pianos and keyboards, including grand pianos, upright pianos, electronic player pianos and digital pianos. These instruments are manufactured or assembled domestically and sold to US and international markets (e.g. individuals, schools, conservatories and houses of worship) directly or through retail locations, such as musical instrument stores.

Industry Products
Grand pianosUpright pianosElectric player pianosDigital pianos and keyboards
 
Industry Activities
Designing pianos and keyboardsManufacturing grand pianosManufacturing upright pianosManufacturing electric player pianosManufacturing digital pianos and keyboards


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