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Electric Guitar Market is Projected to Augment at a Notable CAGR During the Forecast Period Including Key Players: Gibson Guitar Corporation, Fender Musical Instruments Corporation & Guitar Center
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The electric guitar market can be categorized on the basis of type, tailpiece, neck shapes, and region. On the basis of type, the electric guitar market can be categorized, as solid body guitar, hollow body guitars, electric acoustic guitar, the seven string guitar, semi-acoustic guitar, chambered bodies guitar, and the twelve string electric guitar.
The increasing number of musical bands is further expected to propel the electrical guitar market, during the forecast period. A highly skilled and trained labor is required for adjusting, carving, and assembling of electric guitars; which leads to high wages and capital requirements for the electric guitar manufacturing industries.
The electric guitar market can also be categorized, on the basis of neck shapes, as folding neck, V necks, C necks, and U necks. Rock and other music bands use two types of electric guitars, namely rhythm guitar, and lead guitar.
The electric guitar uses a pickup to translate the vibration of cords into electrical pulses, with the principle of direct electromagnetic induction. The signal is amplified before its transmission to loud speaker, as the signal produced is too weak to drive a loudspeaker.
The creation and design of an electric guitar differs significantly, according to the configuration of the bridge, neck and pickups, and shape of the body. The sound of the electric guitar can be customized by playing techniques, such as tapping, string bending, using audio feedback, slide guitar playing, and hammering.
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Some of the competitors in the electric guitar market are Gibson Guitar Corporation, China Joy Guitar Co. Ltd., Paul Reed Smith Guitars Ltd., Fender Musical Instruments Corporation, and Guitar Center Inc.
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