Executive Summary
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.
The global Electric Guitar market is valued at 460 million US$ in 2018 and will reach 610 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Electric Guitar market based on company, product type, end user and key regions.
This report studies the global market size of Electric Guitar in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Electric Guitar in these regions.
This research report categorizes the global Electric Guitar market by top players/brands, region, type and end user. This report also studies the global Electric Guitar market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
- Gibson
- Fender
- Yamaha
- Ibanez
- ESP
- CORT
- Epiphone
- Squier
- PRS
- SCHECTER
- Jackson
- Peavey
- Washburn
- Taylor
- Farida
- Karl Höfner
Market size by Product
- Solid Body
- Semi-Hollow Body
- Hollow Body
Market size by End User
- Professional Performance
- Learning and Training
- Individual Amateurs
The study objectives of this report are:
- To study and analyze the global Electric Guitar market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
- To understand the structure of Electric Guitar market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Electric Guitar companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
- To project the value and sales volume of Electric Guitar submarkets, with respect to key regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electric Guitar are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Guitar market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
1.1 Electric Guitar Product
1.2 Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Electric Guitar Market Size Growth Rate by Product
1.4.2 Solid Body
1.4.3 Semi-Hollow Body
1.4.4 Hollow Body
1.5 Market by End User
1.5.1 Global Electric Guitar Market Size Growth Rate by End User
1.5.2 Professional Performance
1.5.3 Learning and Training
1.5.4 Individual Amateurs
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Electric Guitar Market Size
2.1.1 Global Electric Guitar Revenue 2014-2025
2.1.2 Global Electric Guitar Sales 2014-2025
2.2 Electric Guitar Growth Rate by Regions
2.2.1 Global Electric Guitar Sales by Regions
2.2.2 Global Electric Guitar Revenue by Regions
3 Breakdown Data by Manufacturers
3.1 Electric Guitar Sales by Manufacturers
3.1.1 Electric Guitar Sales by Manufacturers
3.1.2 Electric Guitar Sales Market Share by Manufacturers
3.1.3 Global Electric Guitar Market Concentration Ratio (CR5 and HHI)
3.2 Electric Guitar Revenue by Manufacturers
3.2.1 Electric Guitar Revenue by Manufacturers (2014-2019)
3.2.2 Electric Guitar Revenue Share by Manufacturers (2014-2019)
3.3 Electric Guitar Price by Manufacturers
3.4 Electric Guitar Manufacturing Base Distribution, Product Types
3.4.1 Electric Guitar Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Electric Guitar Product Type
3.4.3 Date of International Manufacturers Enter into Electric Guitar Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Electric Guitar Sales by Product
4.2 Global Electric Guitar Revenue by Product
4.3 Electric Guitar Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Electric Guitar Breakdown Data by End User
…
11 Company Profiles
11.1 Gibson
11.1.1 Gibson Company Details
11.1.2 Company Business Overview
11.1.3 Gibson Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.1.4 Gibson Electric Guitar Products Offered
11.1.5 Gibson Recent Development
11.2 Fender
11.2.1 Fender Company Details
11.2.2 Company Business Overview
11.2.3 Fender Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.2.4 Fender Electric Guitar Products Offered
11.2.5 Fender Recent Development
11.3 Yamaha
11.3.1 Yamaha Company Details
11.3.2 Company Business Overview
11.3.3 Yamaha Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.3.4 Yamaha Electric Guitar Products Offered
11.3.5 Yamaha Recent Development
11.4 Ibanez
11.4.1 Ibanez Company Details
11.4.2 Company Business Overview
11.4.3 Ibanez Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.4.4 Ibanez Electric Guitar Products Offered
11.4.5 Ibanez Recent Development
11.5 ESP
11.5.1 ESP Company Details
11.5.2 Company Business Overview
11.5.3 ESP Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.5.4 ESP Electric Guitar Products Offered
11.5.5 ESP Recent Development
11.6 CORT
11.6.1 CORT Company Details
11.6.2 Company Business Overview
11.6.3 CORT Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.6.4 CORT Electric Guitar Products Offered
11.6.5 CORT Recent Development
11.7 Epiphone
11.7.1 Epiphone Company Details
11.7.2 Company Business Overview
11.7.3 Epiphone Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.7.4 Epiphone Electric Guitar Products Offered
11.7.5 Epiphone Recent Development
11.8 Squier
11.8.1 Squier Company Details
11.8.2 Company Business Overview
11.8.3 Squier Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.8.4 Squier Electric Guitar Products Offered
11.8.5 Squier Recent Development
11.9 PRS
11.9.1 PRS Company Details
11.9.2 Company Business Overview
11.9.3 PRS Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.9.4 PRS Electric Guitar Products Offered
11.9.5 PRS Recent Development
11.10 SCHECTER
11.10.1 SCHECTER Company Details
11.10.2 Company Business Overview
11.10.3 SCHECTER Electric Guitar Sales, Revenue and Gross Margin (2014-2019)
11.10.4 SCHECTER Electric Guitar Products Offered
11.10.5 SCHECTER Recent Development
11.11 Jackson
11.12 Peavey
11.13 Washburn
11.14 Taylor
11.15 Farida
11.16 Karl Höfner
Continuous…
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