Electric Guitars Market Size, Share | Global Industry Report 2025
Posted by Simone on April 13th, 2021
The Global Electric Guitar Market Size is priced at USD XXX million and would reach to USD XXX million at a CAGR of XX%, during the forecast period of the years of 2018-2025.
Electric guitars are guitars that capture the vibrations caused due to strumming of strings magnify it electronically and produce a louder output. Sounds from electric guitars can be electrically modified owing to the presence of electrical representation of the vibrations by the electric guitars. With the help of pedals and electric guitars they can be easily modulated. This is the main difference between an electric guitar and acoustic guitar. Sound produced by acoustic guitars come directly from the vibrations of the strings and hence can’t be modulated. Electric guitars are widely used in Jazz, Vietnamese traditional music, contemporary classical music forms.
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Electric guitar market trends indicate growth owing to the growing interest in music across the global population. Electric guitars are important in all the popular genres of music, viz. rock, metal and similar others. Owing to the fast growing popularity of these music genres, there has been an increase number of people deciding to learn and take this as a career opportunity. Electric guitar market trends indicate market dominance based on the company of guitar being used. Often bands/musicians are recognized with the brand of equipment used.
The electric guitar market share is also growing to the increased lifestyle changes happening across the globe. With increased urbanization and awareness in developing countries people use more of guitars in various occasions. The increased spending power of the people is one of the main factors driving the growth in electric guitar market share. Additionally, growing popularity of rock music among the younger generation is also influencing the market growth.
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Use of amplifiers by electric guitars as opposed to normal ones, makes it expensive hobby for the amateurs and new users. Owing to this the acoustic guitars, which are cost effective, are preferred by many. However, with electric guitars it is possible to experience advanced guitar techniques as they have soft strings and no frets.
The global electric guitar market size is segmented based on tailpiece, type, neck shapes and region. Segmentation on the basis of tailpiece system is vibrato arms, string-through body, hard tail and floating tailpiece. Segmentation on type is done as hollow body guitars, solid body guitar, electric acoustic guitar, the seven string guitar, chambered bodies guitar, semi-acoustic guitar, and the twelve string electric guitar.
The global electric guitar market size is further segmented on the basis on neck shapes as C necks, U necks and V necks. For Rock bands and similar other bands two types of guitars are used, rhythm and lead guitar. Segmentation based on region is done as North America, Europe, South America and Middle East and Africa.
Some of the leading names in the electric guitar market share are Fender, Gibson, Yamaha, Ibanez, ESP, CORT, Epiphone and many others.
The various segments of global electric guitar market size are
Solid body guitar
Electric acoustic guitar
The seven string guitar
Chambered bodies guitar
Twelve string electric guitar
By Neck shape:
Middle East and Africa.
What to expect from the upcoming report on ‘global electric guitar market size’:
- Future prospects and current trends of the global electric guitar market size by the end of forecast period. (2017 – 2025).
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
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About the AuthorSimone
Joined: March 22nd, 2021
Articles Posted: 89
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