India Musical Instruments Market Share

Statistics for the 2023 & 2024 India Musical Instruments market share, created by Mordor Intelligence™ Industry Reports. India Musical Instruments share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of India Musical Instruments Industry

The Indian musical instruments market is fragmented, with the presence of companies like Yamaha Corporation, Kawai Musical Instruments Mfg Co. Ltd, Roland Corporation, Cor-Tek Corporation, and Fender Musical Instruments Corporation. The companies continuously invest in strategic partnerships and product developments to gain market share.

  • In February 2024, Kawai recently unveiled the CR-45, the newest entrant in its esteemed CR series of crystal grand pianos. Positioned as the successor to the CR-40A, the CR-45 boasts a redesigned aesthetic that amplifies the allure of the crystal piano. Notably, the length of the keys has been extended in this iteration, elevating the instrument's playability.
  • In January 2024, Yamaha Corporation unveiled its latest offerings in the electric guitar segment - the Pacifica Professional and Pacifica Standard Plus. These models cater to guitarists who prioritize finding their signature sound. Notably, both guitars boast a redesigned neck shape and joint heel, enhancing accessibility to the higher frets. This ergonomic upgrade ensures a seamless playing experience, empowering guitarists to immerse themselves in their musical expression fully.

India Musical Instruments Market Leaders

  1. Yamaha Corporation

  2. Kawai Musical Instruments Mfg Co. Ltd

  3. Roland Corporation

  4. Cor-Tek Corporation

  5. Fender Musical Instruments Corporation

*Disclaimer: Major Players sorted in no particular order

India Musical Instruments Market Concentration

India Musical Instruments Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)