The market for digital keyboards which includes arrangers, digital pianos and organs, stage pianos, and workstation synthesizers is expected to experience modest growth from 2015-2019.
The global digital keyboard market is expected to grow at a CAGR of 2.52% during the forecast period. This growth can be attributed to the increasing number of live performances by bands, propelled by the growing enthusiasm for music globally, and increased disposable income of consumers. The high flexibility of use and portability of digital keyboards are the other drivers of market growth. The Asia-Pacific (APAC) region accounted for the highest market share in 2015, with Japan and China being the key revenue-generating countries.
Technavio has narrowed down the top 10 vendors contributing to growth in the digital keyboard market.
Casio
Casio was established in 1957 and is headquartered in Tokyo, Japan. The company manufactures and sells consumer electronic goods. It undertakes the design, development, and sale of a wide range of electronic products including tabletop and handheld computers and calculators, electronic cash registers, digital cameras, electronic musical instruments, watches, data projectors, label printers, page printers, and clocks. The company operates through its subsidiaries in more than 21 countries in North America, Latin America, Asia, Europe, the Middle East, and Africa.
Hammond Organ
For over 75 years, The Hammond Organ has been the true “King of Instruments”. The Hammond Organ is heard in Churches of every denomination, Concert Halls of every genre, and Recording Studios world-wide. Every corner of music has been touched by the sound of the Hammond Organ, and as familiar as it is, musicians keep finding fresh ways to use it. Audiences and congregations have never tired, or lost their appetite for the singular and unique voice of the Hammond Organ. Within musical instruments it is unequalled and unsurpassed.
Hamzer
Hamzer is one of the newest distributors and manufacturers of piano keyboards and synthesizers. Their keyboards were crafted to not only be of great quality and value, they sound great too. Hamzer strives to build keyboards that are approachable by users of all levels and hopes to inspire professionals to push the envelope in creating the future of music.
KORG
KORG was established in 1963 and is headquartered in Tokyo, Japan. The company manufactures and sells electronic musical instruments. Its product portfolio includes synthesizers, digital pianos, signal processors, tuners, peripheral equipment for electronic musical instruments, and digital recording equipment. As of December 2014, the company had 290 employees and operated through subsidiaries in Italy, the UK, the US, and Hong Kong.
Kurzweil Music Systems
Kurzweil Music Systems was founded in 1982 and is headquartered in Lakewood, Washington, US. It operates as a subsidiary of Young Chang. The company manufactures electronic instruments for both home use and professional musicians. Its products include professional keyboards and rack modules, digital pianos, and signal processors.
Nord Keyboards
Nord Keyboards is a Swedish manufacturer of hardware keyboards and synthesizers.
Orla Direct
Orla Direct is an arranger keyboards and pianos manufacturer based out of the United Kingdom.
Roland
Roland was established in 1972 and is headquartered in Shizuoka, Japan. It also operates a chain of music schools across Japan. It develops, manufactures, and sells electronic musical instruments, computer peripherals, and software. The company has a diversified presence and a strong brand image in the electronic musical instrument industry.
Technics Keyboards
Technics keyboards are well-known for high quality sounds and features that were ahead of their time
Yamaha
Yamaha was founded in 1887 and is headquartered in Shizuoka, Japan. It manufactures a variety of products and services in the field of electronics and musical instruments globally.
