Press release
Guitar Global Market Report 2024 - By Trends, Size, Share, Demand And Growth, Forecast To 2033
Guitar Market
Guitar Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $12.86 billion In 2028 At A CAGR Of 8.5% :
The guitar market size has grown rapidly in recent years. It will grow from $8.54 billion in 2023 to $9.25 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to evolution of musical genres, cultural icons and influencers, innovation in guitar design, music education and learning trends, demographic shifts.
The guitar market size is expected to see rapid growth in the next few years. It will grow to $12.86 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rising interest in music education, influence of social media and influencers, popularity of home recording studios, live music revival, expansion of niche markets. Major trends in the forecast period include rise of digital connectivity, smart guitar technology, vintage and retro revival, artisanal and boutique guitars and customization and personalization.
Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=15069&type=smp
Guitar Market Major Segments
The guitar market covered in this report is segmented -
1) By Type: Acoustic Guitars, Electric Guitars, Solar Guitars
2) By Number Of Strings: Six Strings, Eight Strings, Twelve Strings, Other Number Of Strings
3) By Distribution: Offline, Online
Key Driver - Impact of Live Music on the Guitar Market
The increase in popularity of live musical performances and concerts is driving the growth of the guitar market. Live musical performances and concerts are musical engagement which helps improve mood, boosts emotions, to stay health, way for people to get socialize. Live performances and concert bring people together, unite a group with similar music taste and experience to connect with artists. Live concerts provide an opportunity for guitar manufacturers and brands to showcase their products to a captive audience of music enthusiasts. For example, according in Decmember 2022, Comscore, an American-based global media measurement and analytics company, in October 2022, Ticketmaster observed a surge in interest in live music, with a record-breaking 51.6 million unique visitors to its ticket-buying platforms, surpassing the traffic seen in previous years. Thus, the increase in number of live music performances and concerts has raised the demand for guitar.
Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=15069&type=smp
Prominent Trend - Innovation In The Guitar Market
Major companies operating in the guitar market are focused on developing innovative products, such as ergonomic and lightweight, to gain a competitive edge. An ergonomic and lightweight guitar refers to a design that prioritizes comfort, ease of playability, and reduced physical strain on the player. For instance, in October 2023, Fender Musical Instruments Corporation (FMIC), a US-based musical instruments and amplifier manufacturing company, launched The Highway Series, designed to be ergonomic and lightweight, with fully integrated Fishman pickup systems and cutting-edge features that provide a road-ready sound. The series is intended to redefine the acoustic guitar experience by combining modern innovations with the timeless appearance of traditional guitars. The Highway Series guitars are built with a feedback-resistant, ergonomic design, and Fishman Fluence pickup for seamless setup, offering the classic vibe of a traditional acoustic guitar with upgraded features for today's live acoustic player.
Guitar Market Players
Major companies operating in the guitar market report are Yamaha Corporation; Gibson Brands Inc.; Taylor Guitars; Fender Musical Instruments Corporation; Martin Guitar Company; Eastman Guitars; PRS Guitars; Collings Guitars; Schecter Guitar Research; Godin Guitars; Rickenbacker International Corporation; Dean Guitars; Takamine Guitars; Washburn Guitars; Breedlove Guitars; Guild Guitars; ESP Guitars; Ibanez; Jackson Guitars; Alvarez Guitars; Cort Guitars; Epiphone; G&L Musical Instruments; Gretsch Company; Music Man; Ovation Guitars; Seagull Guitars
View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/guitar-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the guitar market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the guitar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Guitar Market Report Structure
3. Guitar Market Trends And Strategies
4. Guitar Market - Macro Economic Scenario
5. Guitar Market Size And Growth
…..
27. Guitar Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Guitar Global Market Report 2024 - By Trends, Size, Share, Demand And Growth, Forecast To 2033 here
News-ID: 3535435 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Guitar
Prominent Guitar Market Trend for 2025: Innovation In The Guitar Market
What industry-specific factors are fueling the growth of the guitar market?
The rise in popularity for live music shows and concerts has fueled the expansion of the guitar market. These engaging musical events not only enhance mood, emotions and health, but also serve as a social outlet for attendees. Live shows and concerts have the power to bring together groups of people with equivalent musical preferences and enable them to connect…
Guitar Kaksha is Making Online Guitar Classes Accessible to Everyone With Its On …
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXcNLIpSom16BJKg78vmYAe8eSIMNV6KU1QN7EGP0H-ZW3F9GKfcKhfU0SNw154WW2oIhaOwWpPwl2V0ocU90RbcVQ_XhjAc-KueCgEhZJdTogiCuSWJxojR5CLuQy4NGM5tt_g4Jg?key=KrONLVP0_ELdveeRq-tMAcSp
Guitar Kaksha, India's leading online guitar learning [https://guitarkaksha.com/] platform, is transforming music education with its unparalleled learning environment. Emphasizing hands-on instruction, students can now engage in interactive and personalized courses that can be scheduled at their convenience. Boasting a team of skilled and experienced guitarists, Guitar Kaksha is quickly becoming a favorite among learners of all ages, whether they want to master Hindi or English songs.
With its unique teaching…
Level Up Your Guitar Expands Online Guitar Lessons Worldwide
Image: https://www.getnews.info/wp-content/uploads/2024/05/1716911919.jpeg
Award-winning guitar academy now offers tailored lessons to students everywhere.
Gurnee and Seattle - May 28, 2024 - Learning to play the guitar is a dream for many, yet limited access to quality instruction poses a significant challenge. Recognizing the obstacles faced by aspiring musicians, Level Up Your Guitar announces its expansion to provide online guitar lessons globally. By extending its acclaimed program beyond regional boundaries, Level Up Your Guitar…
Guitar Market Growing Popularity & Emerging Trends | Gibson Brand, Taylor Guitar …
The Latest Study Published by HTF MI Research on the "Guitar Market'' evaluates market size, trend and forecast to 2030. The Guitar market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well as information…
Research Analysis Report of Electric Guitar Market 2024 by Major Players- Gibson …
A strong consumer influence, due to the increasing levels of per capita disposable income has supported the growth of the electric guitar market, at a significant rate. The electric guitar market is highly sensitive to regional and global economic crisis. The increasing disposable income and growing interest of people in music are of the key drivers for the growth of the electric guitar market. The increasing number of musical bands…
Global Seven String Guitar Market 2017 - Sweetwater, Gear4music, The ESP Guitar …
The Seven String Guitar Market 2017 examines the performance of the Seven String Guitar market, enclosing an in-depth judgment of the Seven String Guitar market state and the competitive landscape globally. This report analyzes the potential of Seven String Guitar market in the present as well as the future prospects from various angles in detail.
The Global Seven String Guitar Market 2017 report includes Seven String Guitar industry volume, market Share,…
