Electronic Keyboards Market Report: Growth Prospects, Competitive Landscape, and Future Directions

QY Research has recently published a research report titled, "Global Electronic Keyboards Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". The report offers a complete compilation of first-hand and authentic information on the global Electronic Keyboards market taking into consideration market dynamics, segmentation, current developments, market trends, and competitive analysis. It also includes the qualitative and quantitative assessment by the leading industry analysts. Additionally, growth factors, micro and macroeconomic indicators, and emerging market trends are being scrutinized in the report. Impact of various factors on the global Electronic Keyboards market growth has also been mapped by the report.

The global market for Electronic Keyboards was estimated to be worth US$ 3600 million in 2024 and is forecast to a readjusted size of US$ 4167 million by 2031 with a CAGR of 2.0% during the forecast period 2025-2031.

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According to market research reports, global annual sales of electronic keyboards are estimated to be around 12 to 15 million units. The exact figure varies depending on the region and brand. Major markets include North America, Europe, Asia, and developing countries, with the Asian market (such as China, India, Japan) playing a significant role in sales volume. The growth in global sales is mainly driven by the increasing popularity of music education and rising consumer demand for entertainment. Prices vary significantly depending on product specifications, with an overall price range of $200-500 per Unit.

An electronic keyboard is a musical instrument that produces sound electronically, typically featuring a lightweight keyboard and a wide variety of built-in sounds, such as piano, guitar, percussion, and orchestral instruments. Unlike traditional pianos, electronic keyboards use digital audio technology to simulate different instrument sounds, offering easy operation and a rich array of tones. Modern electronic keyboards typically range from 61 to 88 keys and are suitable for various user levels, particularly beginners and intermediate musicians. Compared to other professional keyboard devices, such as digital pianos and workstations, electronic keyboards are generally more affordable, making them highly competitive in the market.

The global electronic keyboard market has shown steady growth in recent years. With continuous technological advancements, many keyboards have significantly improved in terms of sound quality, performance, and features. Electronic keyboards have become essential in education, home entertainment, and lightweight performances. Consumer demand primarily comes from educational institutions, music schools, home users, and some professional musicians requiring light performances. Due to their versatile features and relatively low entry cost, electronic keyboards have gained widespread use globally, becoming the first choice for many beginners in music education.

The growth of the electronic keyboard market is driven by several factors. Firstly, with the rising living standards, particularly in developing countries, the popularization of music education has led to an increasing demand for electronic keyboards. Their portability and ease of use make them an ideal choice for learning music. Secondly, technological innovations are key drivers of market growth. Many brands have continuously upgraded their products' sound quality, functionality, and compatibility with smart devices, attracting a broader customer base. Additionally, electronic keyboards are reasonably priced compared to other high-end musical instruments, making them more affordable for music enthusiasts, which further expands market demand.

Market Challenges, Risks, & Restraints

Although the electronic keyboard market is experiencing positive growth, it faces several challenges. Firstly, market competition is fierce, with established brands like Yamaha and Casio dominating the market, making it difficult for new brands to enter. Secondly, as consumer demands become more diverse, manufacturers must continually innovate to meet varying consumer expectations, which requires significant investment in research and development to enhance product differentiation. Furthermore, while electronic keyboards are relatively affordable, they still remain a relatively high-consumption product in low-income countries and regions, which could limit growth due to economic factors.

Downstream Demand Trends

With the growing demand for home entertainment, electronic keyboards are increasingly being used for personal music creation and practice in household settings. Particularly, younger generations' interest in music and music creation has risen, and electronic keyboards, as flexible and convenient instruments, meet their needs for creative work and practice at home or in small venues. Additionally, with the increasing emphasis on music education in schools, the use of electronic keyboards in educational institutions is also on the rise. Modern electronic keyboards not only provide basic musical functionality but also include various auxiliary features, such as recording, rhythm patterns, and smart connectivity, which cater to diverse needs in music teaching, entertainment, and creation.

Market players need to be equipped with the information regarding the current and future competitive scenario in order to keep a check on their competitors' activities as well as execute their business strategies. This report will surely suffice as the analysts have critically examined the competitive scenario and have offered reliable forecasts. With this information, companies can understand the current and future market scenario and plan their tactics to gain a competitive edge over others.

Key Players Mentioned in the Global Electronic Keyboards Market Research Report:

Yamaha
Roland
Kawai
Casio
FLYKEYS
Korg
Nord (Clavia)
Medeli
Kurzweil
Artesia

The research report provides analysis based on the global Electronic Keyboards market segments including product types, end user, application, and geography. Each and every segment has been studied on the basis of factors such as market share, market size, CAGR, demand, and growth potential. Moreover, the market analysts have identified the leading regions having growth potential. This segmental study will assist the key players to stress on key growth areas of the global Electronic Keyboards market and according plan their further strategies.

Segment by Type:

61-key Keyboard
76-key Keyboard
Others

Segment by Application:

Online
Offline

Key regions including but not limited to North America, Asia Pacific, Europe, and the MEA are exhaustively analyzed based on market size, CAGR, market potential, economic and political factors, regulatory scenarios, and other significant parameters. The regional analysis provided in the Electronic Keyboards report will help market participants to identify lucrative and untapped business opportunities in different regions and countries. It includes a special study on production and production rate, import and export, and consumption in each regional Electronic Keyboards market considered for research. The report also offers detailed analysis of country-level Electronic Keyboards markets.

Segment by Region

North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Important Questions Answered included in the Report:

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global Electronic Keyboards market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global Electronic Keyboards market?

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Table Of Content

"1 Market Overview
1.1 Electronic Keyboards Product Introduction
1.2 Global Electronic Keyboards Market Size Forecast
1.2.1 Global Electronic Keyboards Sales Value (2020-2031)
1.2.2 Global Electronic Keyboards Sales Volume (2020-2031)
1.2.3 Global Electronic Keyboards Sales Price (2020-2031)
1.3 Electronic Keyboards Market Trends & Drivers
1.3.1 Electronic Keyboards Industry Trends
1.3.2 Electronic Keyboards Market Drivers & Opportunity
1.3.3 Electronic Keyboards Market Challenges
1.3.4 Electronic Keyboards Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electronic Keyboards Players Revenue Ranking (2024)
2.2 Global Electronic Keyboards Revenue by Company (2020-2025)
2.3 Global Electronic Keyboards Players Sales Volume Ranking (2024)
2.4 Global Electronic Keyboards Sales Volume by Company Players (2020-2025)
2.5 Global Electronic Keyboards Average Price by Company (2020-2025)
2.6 Key Manufacturers Electronic Keyboards Manufacturing Base and Headquarters
2.7 Key Manufacturers Electronic Keyboards Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electronic Keyboards
2.9 Electronic Keyboards Market Competitive Analysis
2.9.1 Electronic Keyboards Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Electronic Keyboards Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Keyboards as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 61-key Keyboard
3.1.2 76-key Keyboard
3.1.3 Others
3.2 Global Electronic Keyboards Sales Value by Type
3.2.1 Global Electronic Keyboards Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Electronic Keyboards Sales Value, by Type (2020-2031)
3.2.3 Global Electronic Keyboards Sales Value, by Type (%) (2020-2031)
3.3 Global Electronic Keyboards Sales Volume by Type
3.3.1 Global Electronic Keyboards Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Electronic Keyboards Sales Volume, by Type (2020-2031)
3.3.3 Global Electronic Keyboards Sales Volume, by Type (%) (2020-2031)
3.4 Global Electronic Keyboards Average Price by Type (2020-2031)
4 Segmentation by Price
4.1 Introduction by Price
4.1.1 Under $100
4.1.2 $100-$200
4.1.3 $200-$400
4.1.4 Over $400
4.2 Global Electronic Keyboards Sales Value by Price
4.2.1 Global Electronic Keyboards Sales Value by Price (2020 VS 2024 VS 2031)
4.2.2 Global Electronic Keyboards Sales Value, by Price (2020-2031)
4.2.3 Global Electronic Keyboards Sales Value, by Price (%) (2020-2031)
4.3 Global Electronic Keyboards Sales Volume by Price
4.3.1 Global Electronic Keyboards Sales Volume by Price (2020 VS 2024 VS 2031)
4.3.2 Global Electronic Keyboards Sales Volume, by Price (2020-2031)
4.3.3 Global Electronic Keyboards Sales Volume, by Price (%) (2020-2031)
4.4 Global Electronic Keyboards Average Price by Price (2020-2031)
5 Segmentation by Application
5.1 Introduction by Application
5.1.1 Online
5.1.2 Offline
5.2 Global Electronic Keyboards Sales Value by Application
5.2.1 Global Electronic Keyboards Sales Value by Application (2020 VS 2024 VS 2031)
5.2.2 Global Electronic Keyboards Sales Value, by Application (2020-2031)
5.2.3 Global Electronic Keyboards Sales Value, by Application (%) (2020-2031)
5.3 Global Electronic Keyboards Sales Volume by Application
5.3.1 Global Electronic Keyboards Sales Volume by Application (2020 VS 2024 VS 2031)
5.3.2 Global Electronic Keyboards Sales Volume, by Application (2020-2031)
5.3.3 Global Electronic Keyboards Sales Volume, by Application (%) (2020-2031)
5.4 Global Electronic Keyboards Average Price by Application (2020-2031)
6 Segmentation by Region
6.1 Global Electronic Keyboards Sales Value by Region
6.1.1 Global Electronic Keyboards Sales Value by Region: 2020 VS 2024 VS 2031
6.1.2 Global Electronic Keyboards Sales Value by Region (2020-2025)
6.1.3 Global Electronic Keyboards Sales Value by Region (2026-2031)
6.1.4 Global Electronic Keyboards Sales Value by Region (%), (2020-2031)
6.2 Global Electronic Keyboards Sales Volume by Region
6.2.1 Global Electronic Keyboards Sales Volume by Region: 2020 VS 2024 VS 2031
6.2.2 Global Electronic Keyboards Sales Volume by Region (2020-2025)
6.2.3 Global Electronic Keyboards Sales Volume by Region (2026-2031)
6.2.4 Global Electronic Keyboards Sales Volume by Region (%), (2020-2031)
6.3 Global Electronic Keyboards Average Price by Region (2020-2031)
6.4 North America
6.4.1 North America Electronic Keyboards Sales Value, 2020-2031
6.4.2 North America Electronic Keyboards Sales Value by Country (%), 2024 VS 2031
6.5 Europe
6.5.1 Europe Electronic Keyboards Sales Value, 2020-2031
6.5.2 Europe Electronic Keyboards Sales Value by Country (%), 2024 VS 2031
6.6 Asia Pacific
6.6.1 Asia Pacific Electronic Keyboards Sales Value, 2020-2031
6.6.2 Asia Pacific Electronic Keyboards Sales Value by Region (%), 2024 VS 2031
6.7 South America
6.7.1 South America Electronic Keyboards Sales Value, 2020-2031
6.7.2 South America Electronic Keyboards Sales Value by Country (%), 2024 VS 2031
6.8 Middle East & Africa
6.8.1 Middle East & Africa Electronic Keyboards Sales Value, 2020-2031
6.8.2 Middle East & Africa Electronic Keyboards Sales Value by Country (%), 2024 VS 2031
7 Segmentation by Key Countries/Regions
7.1 Key Countries/Regions Electronic Keyboards Sales Value Growth Trends, 2020 VS 2024 VS 2031
7.2 Key Countries/Regions Electronic Keyboards Sales Value and Sales Volume
7.2.1 Key Countries/Regions Electronic Keyboards Sales Value, 2020-2031
7.2.2 Key Countries/Regions Electronic Keyboards Sales Volume, 2020-2031
7.3 United States
7.3.1 United States Electronic Keyboards Sales Value, 2020-2031
7.3.2 United States Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.3.3 United States Electronic Keyboards Sales Value by Application, 2024 VS 2031
7.4 Europe
7.4.1 Europe Electronic Keyboards Sales Value, 2020-2031
7.4.2 Europe Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.4.3 Europe Electronic Keyboards Sales Value by Application, 2024 VS 2031
7.5 China
7.5.1 China Electronic Keyboards Sales Value, 2020-2031
7.5.2 China Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.5.3 China Electronic Keyboards Sales Value by Application, 2024 VS 2031
7.6 Japan
7.6.1 Japan Electronic Keyboards Sales Value, 2020-2031
7.6.2 Japan Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.6.3 Japan Electronic Keyboards Sales Value by Application, 2024 VS 2031
7.7 South Korea
7.7.1 South Korea Electronic Keyboards Sales Value, 2020-2031
7.7.2 South Korea Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.7.3 South Korea Electronic Keyboards Sales Value by Application, 2024 VS 2031
7.8 Southeast Asia
7.8.1 Southeast Asia Electronic Keyboards Sales Value, 2020-2031
7.8.2 Southeast Asia Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.8.3 Southeast Asia Electronic Keyboards Sales Value by Application, 2024 VS 2031
7.9 India
7.9.1 India Electronic Keyboards Sales Value, 2020-2031
7.9.2 India Electronic Keyboards Sales Value by Type (%), 2024 VS 2031
7.9.3 India Electronic Keyboards Sales Value by Application, 2024 VS 2031
8 Company Profiles
8.1 Yamaha
8.1.1 Yamaha Company Information
8.1.2 Yamaha Introduction and Business Overview
8.1.3 Yamaha Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.1.4 Yamaha Electronic Keyboards Product Offerings
8.1.5 Yamaha Recent Development
8.2 Roland
8.2.1 Roland Company Information
8.2.2 Roland Introduction and Business Overview
8.2.3 Roland Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.2.4 Roland Electronic Keyboards Product Offerings
8.2.5 Roland Recent Development
8.3 Kawai
8.3.1 Kawai Company Information
8.3.2 Kawai Introduction and Business Overview
8.3.3 Kawai Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.3.4 Kawai Electronic Keyboards Product Offerings
8.3.5 Kawai Recent Development
8.4 Casio
8.4.1 Casio Company Information
8.4.2 Casio Introduction and Business Overview
8.4.3 Casio Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.4.4 Casio Electronic Keyboards Product Offerings
8.4.5 Casio Recent Development
8.5 FLYKEYS
8.5.1 FLYKEYS Company Information
8.5.2 FLYKEYS Introduction and Business Overview
8.5.3 FLYKEYS Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.5.4 FLYKEYS Electronic Keyboards Product Offerings
8.5.5 FLYKEYS Recent Development
8.6 Korg
8.6.1 Korg Company Information
8.6.2 Korg Introduction and Business Overview
8.6.3 Korg Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.6.4 Korg Electronic Keyboards Product Offerings
8.6.5 Korg Recent Development
8.7 Nord (Clavia)
8.7.1 Nord (Clavia) Company Information
8.7.2 Nord (Clavia) Introduction and Business Overview
8.7.3 Nord (Clavia) Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.7.4 Nord (Clavia) Electronic Keyboards Product Offerings
8.7.5 Nord (Clavia) Recent Development
8.8 Medeli
8.8.1 Medeli Company Information
8.8.2 Medeli Introduction and Business Overview
8.8.3 Medeli Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.8.4 Medeli Electronic Keyboards Product Offerings
8.8.5 Medeli Recent Development
8.9 Kurzweil
8.9.1 Kurzweil Company Information
8.9.2 Kurzweil Introduction and Business Overview
8.9.3 Kurzweil Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.9.4 Kurzweil Electronic Keyboards Product Offerings
8.9.5 Kurzweil Recent Development
8.10 Artesia
8.10.1 Artesia Company Information
8.10.2 Artesia Introduction and Business Overview
8.10.3 Artesia Electronic Keyboards Sales, Revenue, Price and Gross Margin (2020-2025)
8.10.4 Artesia Electronic Keyboards Product Offerings
8.10.5 Artesia Recent Development
9 Industry Chain Analysis
9.1 Electronic Keyboards Industrial Chain
9.2 Electronic Keyboards Upstream Analysis
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.2.3 Manufacturing Cost Structure
9.3 Midstream Analysis
9.4 Downstream Analysis (Customers Analysis)
9.5 Sales Model and Sales Channels
9.5.1 Electronic Keyboards Sales Model
9.5.2 Sales Channel
9.5.3 Electronic Keyboards Distributors
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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