Press release
Global Electric Guitars Market: Market Size Figures, Growth Drivers, and Emerging Trends
Electric Guitars Market Outlook
What Is The Projected Market Size Of The Global Electric Guitars Market And Its Growth Rate?
The global electric guitars market has been witnessing a fast tempo growth:
•The market was valued at $4.1 billion in 2024 and is projected to grow to $4.51 billion in 2025, registering a compound annual growth rate (CAGR) of 10.1%.
•This impressive rise during the historic period is due to various factors such as the rock and roll culture, shifts in music preferences, influence of guitar icons, manufacturing advances, and cultural symbolism.
•The market size is expected to hit a high note, reaching $6.9 billion in 2029 at a CAGR of 11.2%. The growth drivers during the forecast period include continued genre evolution, e-commerce and online sales growth, sustainability and eco-friendly practices, global market expansion, and customization and personalization trends.
What Is Driving The Growth In The Electric Guitars Market?
The growth of the electric guitars market is strumming to the rhythm of the growing interest in music. Music has a refreshing effect and serves as a vital source of entertainment, thus sparking people's interest. Electric guitars have become instrumental in popular music genres, and their aesthetic appeal is motivating many people to learn guitar playing. The UK-based economic report, THIS IS MUSIC 2023, pointed out that the revenues from vinyl sales and streaming revenues in 2022 grew by 3.1% and 6.3% respectively compared to the previous year. Such a flourishing music industry is expected to accelerate the growth of the electric guitars market moving forward.
Request A Free Sample Copy at: https://www.thebusinessresearchcompany.com/sample.aspx?id=6125&type=smp
Who Are the Key Players Driving Electric Guitars Market Growth?
The major market players strumming the melodies of growth in the electric guitars market include:
•Gibson Brands Inc.
•Alembic Inc.
•Fender Musical Instruments Corporation
•Yamaha Corporation
•CF Martin & Company
•Alvarez Guitars
•Behringer Guitars
•PRS Guitars
•Paul Reed Smith Guitars Ltd.
•Ampeg
•ESP Company Ltd
•Schecter Guitar Research
•Hoshino Gakki Co. Ltd.
•Dean Guitars
•Babicz Guitars
•Rickenbacker International Corp
•Carvin Corporation
•B C Rich Guitars
•G&L Musical Instruments
•Michael Kelly Guitars
•Jackson Guitars
•Cort Guitars
•Epiphone
•Airline Guitars
•Antoria
•Aria Guitars
•Ashton Music
•Avalon Guitars
What Are The Key Trends In The Electric Guitars Market?
The following trends are playing a major chord in the electric guitars market:
•Influence of social media and digital platforms
•Technological innovations
•Digital integration
•Rise in online sales
•Artist collaborations
What Are The Segments Of The Global Electric Guitars Market?
The electric guitars market is segmented as follows:
1) By Type: Electric Acoustic Guitar, Seven String Guitar, Solid Body Guitar, Hollow Body Guitar, Other Types
2) By Price: Low, Medium, High
3) By Distribution Channel: Online, Offline
4) By End-user: Professionals, Learners, Individual Amateurs
Which Region Leads The Electric Guitars Market?
Asia-Pacific was the largest region in the electric guitar market in 2024, covering various other regions such as Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery at: https://www.thebusinessresearchcompany.com/report/electric-guitars-global-market-report
What Is Covered In The Electric Guitars Market Global Market Report?
- Market Size Analysis: Analyze the Electric Guitars Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electric Guitars Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electric Guitars Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electric Guitars Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/customise?id=6125&type=smp
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Electric Guitars Market: Market Size Figures, Growth Drivers, and Emerging Trends here
News-ID: 3840925 • Views: …
More Releases from The Business Research Company
Leading Companies Solidify Their Presence in the Silicone Structural Glazing Mar …
The silicone structural glazing market is positioned for significant expansion in the coming years, driven by advances in building technology and increased environmental awareness. This sector is evolving rapidly as demand grows for more energy-efficient and aesthetically appealing architectural solutions. Let's explore the market's current size, key players, emerging trends, and the main segments that are shaping its future.
Silicone Structural Glazing Market Value Forecast Through 2030
The market for silicone…
Future Prospects: Key Trends Shaping the Self-Healing Concrete Market up to 2030
The self-healing concrete market is capturing significant attention as innovations and sustainability demands rise in construction. This sector is set to experience remarkable growth due to advancements in materials and technology, shaping the future of durable and intelligent infrastructure solutions. Let's explore the market's size, key players, emerging trends, and segment outlook to understand its trajectory.
Projected Market Size and Growth Prospects for the Self-Healing Concrete Market
The self-healing concrete market…
Analysis of Key Market Segments Driving the ROS-Based Robot Industry
The ROS-based robot market is positioned for substantial growth as robotics technology continues to advance rapidly. With increasing innovation in software, hardware, and AI integration, this sector is set to transform multiple industries by 2030. Below, we explore the market's future size, leading companies, key trends, and segmentation details to understand its evolving landscape.
Projected Market Size and Expansion of the ROS-Based Robot Market
The ROS-based robot market is anticipated to…
Global Trends Overview: The Rapid Evolution of the Robotic Panelized Home Builde …
The robotic panelized home builder market is positioned for impressive growth in the coming years as automation and robotics increasingly transform construction processes. Driven by technological advancements and expanding prefab housing projects, this market is set to reshape how homes are built with greater speed and efficiency. Let's explore the market's size, leading companies, emerging trends, and key segments that are shaping its future.
Strong Growth Forecast for the Robotic Panelized…
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…
Prominent Guitar Market Trend for 2025: Innovation In The Guitar Market
What Are the Projected Growth and Market Size Trends for the Guitar Market?
The guitar market will grow from $9.25 billion in 2024 to $10.07 billion in 2025, reflecting a CAGR of 8.9%. The growth is driven by the evolution of musical genres, cultural influences, guitar design innovations, and music education trends.
The guitar market is expected to grow significantly, reaching $13.95 billion by 2029 at a CAGR of 8.5%. Growth drivers…
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…
