How big is the India Musical Instruments Market?

The India Musical Instruments Market size is expected to reach USD 146.86 million in 2024 and grow at a CAGR of 11.5% to reach USD 253.40 million by 2029. Read More

What is the current India Musical Instruments Market size?

In 2024, the India Musical Instruments Market size is expected to reach USD 146.86 million. Read More

What years does this India Musical Instruments Market cover, and what was the market size in 2023?

In 2023, the India Musical Instruments Market size was estimated at USD 129.97 million. The report covers the India Musical Instruments Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Musical Instruments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Musical Instruments Market - Size, Share & Industry Analysis

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

The Indian Musical Instrument Market Report is Segmented by Type (Electronic Musical Instruments, Stringed Musical Instruments, Wind Instruments, Acoustic Pianos and Stringed Keyboard Instruments, Percussion Instruments, and Other Musical Instruments (Parts and Accessories)) and Distribution Channel (Online and Offline). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

India Musical Instruments Industry Overview

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.