Electric Guitar Market Size, Insights, Trends, Outlook 2018 | Top Key Players: Gibson, Fender, Yamaha, Ibanez, ESP, CORT, Epiphone

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.

Global “Electric Guitar Market” peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2023 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. The Electric Guitar Market report introduces market competition situation among the vendors and company profile, revenue, product & services, latest developments and business strategies.

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Electric Guitar 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.

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.

Over the next five years, Electric Guitar will register a 3.5% CAGR in terms of revenue, reach US$ 560 million by 2023, from US$ 460 million in 2017.

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

The Key Players Covered in this report:
• Gibson
• Fender
• Yamaha
• Ibanez
• ESP
• CORT
• Epiphone and More....

Key Questions Answered in this Report

• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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Segmentation by product type:
• Solid Body
• Semi-Hollow Body
• Hollow Body

Segmentation by application:
• Professional Performance
• Learning and Training
• Individual Amateurs

This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC and More….

Research objectives
• 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). and More…

Table of Contents
1 SCOPE OF THE REPORT
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 EXECUTIVE SUMMARY
2.1 World Market Overview
2.1.1 Global Electric Guitar Consumption 2013-2023
2.1.2 Electric Guitar Consumption CAGR by Region
2.2 Electric Guitar Segment by Type

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 (2016-2018)
3.1.2 Global Electric Guitar Sales Market Share by Players (2016-2018)
3.2 Global Electric Guitar Revenue Market Share by Players

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
TOC Continued….!

Tables And Figures
• Figure Picture of Electric Guitar
• Table Product Specifications of Electric Guitar
• Figure Electric Guitar Report Years Considered
• Figure Market Research Methodology
• Figure Global Electric Guitar Consumption Growth Rate 2013-2023 (K Units) and More….

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