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Raleigh Piano Market booming


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#1 IBruton

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Posted 14 June 2005 - 01:13 PM

I'm sure that most forumers here don't follow the piano industry much.  But, as a professional musician, I know there is much to be learned from the sales of competing piano manufacturers.

Basically, pianos are broken down into five tiers.

Many of the highest end (tier 1 & 2) pianos are now represented in the Raleigh market:

These brands include:
Mason & Hamlin, Fazioli, Bosendorfer, and Steinway (with C. Bechstein soon to arrive)

Tier 3 & 4 include:
Yamaha, Kawai, Baldwin, Schimmel, Estonia, Petrof, Schulze Pollman, Boston, and Pramberger

and then there are various tier 5 (mostly chinese) pianos.


Here is the point:

Typically, most of the Tier 1 and 2, and to some extent, tier 3, manufacturers only have dealers in select large cities.  For Raleigh to be represented with so many brands, it goes a long way to suggest that we are becoming a mecca for culture and fine arts.  What a great stepping stone for a truly diverse metropolitan area!

It also says something about the education and income levels of people living here.  Some of these pianos can cost well over $100,000!!  With the average price of the brands listed costing around $45,000!  One has to make some pretty good money to purchase a piano that costs that much!

What do you think?

Edited by IBruton, 14 June 2005 - 01:46 PM.


 

#2 orulz

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Posted 14 June 2005 - 02:30 PM

Also of note is that Kawai has a rather large piano manufacturing operation in North Carolina. Kannapolis, I believe.

#3 IBruton

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Posted 14 June 2005 - 04:15 PM

orulz, on Jun 14 2005, 04:30 PM, said:

Also of note is that Kawai has a rather large piano manufacturing operation in North Carolina. Kannapolis, I believe.

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Actually, I believe their U.S. production facility is in Lincolnton.

#4 orulz

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Posted 14 June 2005 - 05:44 PM

Ah, you're right. My mistake!

Still in NC, and still near Charlotte, though.

#5 urbanvb

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Posted 14 June 2005 - 08:49 PM

Wow, I didn't realize pianos could be so expensive. Still wished I had taken lessons growing up.

#6 StevenRocks

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Posted 14 June 2005 - 11:18 PM

Is that building with the awful piano awning on US 70 West still a piano store?

#7 IBruton

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Posted 15 June 2005 - 06:41 AM

StevenRocks, on Jun 15 2005, 01:18 AM, said:

Is that building with the awful piano awning on US 70 West still a piano store?

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Yes, it is the Yamaha and Petrof Dealership (and a few other lesser brands)