Electric Guitar Market Report – Research, Industry Analysis Reports and Market Demands

Global Electric Guitar Market Growth 2019-2024

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Table of Content

2019-2024 Global Electric Guitar Consumption Market Report

1 Scope of the Report

2 Executive Summary

2.1 World Market Overview
- 2.1.1 Global Electric Guitar Consumption 2014-2024
- 2.1.2 Electric Guitar Consumption CAGR by Region
2.2 Electric Guitar Segment by Type
- 2.2.1 Solid Body
- 2.2.2 Semi-Hollow Body
- 2.2.3 Hollow Body
2.3 Electric Guitar Consumption by Type
- 2.3.1 Global Electric Guitar Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Electric Guitar Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Electric Guitar Sale Price by Type (2014-2019)
2.4 Electric Guitar Segment by Application
- 2.4.1 Professional Performance
- 2.4.2 Learning and Training
- 2.4.3 Individual Amateurs
2.5 Electric Guitar Consumption by Application
- 2.5.1 Global Electric Guitar Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Electric Guitar Value and Market Share by Application (2014-2019)
- 2.5.3 Global Electric Guitar Sale Price by Application (2014-2019)

3 Global Electric Guitar by Players

3.1 Global Electric Guitar Sales Market Share by Players
- 3.1.1 Global Electric Guitar Sales by Players (2017-2019)
- 3.1.2 Global Electric Guitar Sales Market Share by Players (2017-2019)
3.2 Global Electric Guitar Revenue Market Share by Players
- 3.2.1 Global Electric Guitar Revenue by Players (2017-2019)
- 3.2.2 Global Electric Guitar Revenue Market Share by Players (2017-2019)
3.3 Global Electric Guitar Sale Price by Players
3.4 Global Electric Guitar Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Electric Guitar Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Electric Guitar Products Offered
3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Electric Guitar by Regions

4.1 Electric Guitar by Regions
- 4.1.1 Global Electric Guitar Consumption by Regions
- 4.1.2 Global Electric Guitar Value by Regions
4.2 Americas Electric Guitar Consumption Growth
4.3 APAC Electric Guitar Consumption Growth
4.4 Europe Electric Guitar Consumption Growth
4.5 Middle East & Africa Electric Guitar Consumption Growth

5 Americas

5.1 Americas Electric Guitar Consumption by Countries
- 5.1.1 Americas Electric Guitar Consumption by Countries (2014-2019)
- 5.1.2 Americas Electric Guitar Value by Countries (2014-2019)
5.2 Americas Electric Guitar Consumption by Type
5.3 Americas Electric Guitar Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Electric Guitar Consumption by Countries
- 6.1.1 APAC Electric Guitar Consumption by Countries (2014-2019)
- 6.1.2 APAC Electric Guitar Value by Countries (2014-2019)
6.2 APAC Electric Guitar Consumption by Type
6.3 APAC Electric Guitar Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Electric Guitar by Countries
- 7.1.1 Europe Electric Guitar Consumption by Countries (2014-2019)
- 7.1.2 Europe Electric Guitar Value by Countries (2014-2019)
7.2 Europe Electric Guitar Consumption by Type
7.3 Europe Electric Guitar Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Electric Guitar by Countries
- 8.1.1 Middle East & Africa Electric Guitar Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Electric Guitar Value by Countries (2014-2019)
8.2 Middle East & Africa Electric Guitar Consumption by Type
8.3 Middle East & Africa Electric Guitar Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer

10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
10.2 Electric Guitar Distributors
10.3 Electric Guitar Customer

11 Global Electric Guitar Market Forecast

11.1 Global Electric Guitar Consumption Forecast (2019-2024)
11.2 Global Electric Guitar Forecast by Regions
- 11.2.1 Global Electric Guitar Forecast by Regions (2019-2024)
- 11.2.2 Global Electric Guitar Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
11.7 Global Electric Guitar Forecast by Type
11.8 Global Electric Guitar Forecast by Application

12 Key Players Analysis

13 Research Findings and Conclusion

Description

Electric guitars are a type of guitars in which strumming the strings themselves is not the primary source of the sound. Rather, the vibrations caused by the movement of the strings are captured and magnified electronically in order to produce a louder output. The sound of an electric guitar can also be electrically modified, since an electrical representation of the vibration of the string is produced in electric guitars. This can then be modulated with the help of dials and other controls on the electric guitar as well as pedals. This is the primary factor distinguishing electric guitars from acoustic guitars; the sound produced by the latter comes directly from the vibration of the strings and thus can’t be modulated electronically.
United States electric guitar market size was valued at around USD 373.59 million in 2016. APAC countries such as China, India, and South Korea currently have a low penetration rate but are expected to emerge as an attractive opportunity for vendors to venture during this period. The region is predicted to emerge as the fastest growing markets for electric guitars globally
The global Electric Guitar industry is characterized by several large international manufactures and many smaller regional manufactures. Therefore, market share concentration is relatively low. The four largest operators account for about 65.11% of total industry revenue in 2016. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures.
The increase in disposable income, changing lifestyles, and high standards of living have motivated individuals to spend more on leisure activities. It has led to a rise in the sales of musical instruments such as guitars, pianos, and keyboards. To capitalize on the market demand, vendors are predicted to focus more on the frequent changes in consumer preferences presented by the market. Established vendors are likely to scale up their investments in branding and expanding their collection of existing electric guitars, as well as acquiring new players.

According to this study, over the next five years the Electric Guitar market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 560 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Guitar business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Guitar market by product type, application, key manufacturers and key regions and countries.

This study considers the Electric Guitar value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Solid Body
Semi-Hollow Body
Hollow Body
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Professional Performance
Learning and Training
Individual Amateurs

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Gibson
Fender
Yamaha
Ibanez
ESP
CORT
Epiphone
Squier
PRS
SCHECTER
Jackson
Peavey
Washburn
Taylor
Farida
Karl Höfner

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Electric Guitar consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electric Guitar market by identifying its various subsegments.
Focuses on the key global Electric Guitar manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Guitar with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Guitar submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.