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Global Electric Guitar Market 2019-2024Electric 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.
Scope of the Global Electric Guitar Market Report
This report focuses on the Electric Guitar in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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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 worldwide market for Electric Guitar is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 560 million US$ in 2024, from 460 million US$ in 2019, according to a new GIR (Global Info Research) study.
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This report covers Analysis of Global Electric Guitar Market Segment by Manufacturers
Gibson
Fender
Yamaha
Ibanez
ESP
CORT
Epiphone
Squier
PRS
SCHECTER
Jackson
Peavey
Washburn
Taylor
Farida
Karl Höfner
Global Electric Guitar Market Segment by regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global Electric Guitar Market Segment by Type
Solid Body
Semi-Hollow Body
Hollow Body
Global Electric Guitar Market Segment by Applications, can be divided into
Professional Performance
Learning and Training
Individual Amateurs
Some of the Points cover in Global Electric Guitar Market Research Report is:
Chapter 1: Describe Electric Guitar Industry
• Introduction,
• Product Scope,
• Market Overview,
• Market Opportunities,
• Market Risk,
• Market Driving Force
Chapter 2: To analyze the top manufacturers of Electric Guitar Industry in 2017 and 2018
• Sales
• Revenue and price
Chapter 3: Competitive analysis among the top manufacturers in 2014 and 2019
• Sales
• Revenue and market share
Chapter 4: Global Electric Guitar Market by regions from 2014 to 2019
• Sales
• Revenue and market share
Chapter 5, 6, 7 and 8: Global Electric Guitar Market by key countries in these regions
• Sales
• Revenue and market share
Chapter 9 and 10: Global Electric Guitar Market by type and application from 2014 to 2019
• Sales
• Revenue and market share
• Growth rate
Chapter 11:Electric Guitar Industry Market forecast from 2019 to 2024
• Regions
• Type and application with sales and revenue
Chapter 12 and 13:Electric Guitar Industry
• Sales channel
• Distributors
• Traders and dealers
• Appendix
• Data source
Some Points From Table of Content
1 Market Overview
1.1 Electric Guitar Introduction
1.2 Market Analysis by Type
1.2.1 Solid Body
1.2.2 Semi-Hollow Body
1.2.3 Hollow Body
1.3 Market Analysis by Applications
1.3.1 Professional Performance
1.3.2 Learning and Training
1.3.3 Individual Amateurs
1.4 Market Analysis by Regions
2 Manufacturers Profiles
2.1 Gibson
2.1.1 Business Overview
2.1.2 Electric Guitar Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Gibson Electric Guitar Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Fender
2.2.1 Business Overview
2.2.2 Electric Guitar Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Fender Electric Guitar Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Yamaha
2.3.1 Business Overview
2.3.2 Electric Guitar Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Yamaha Electric Guitar Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Electric Guitar Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Electric Guitar Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Electric Guitar Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Electric Guitar Manufacturer Market Share in 2018
3.3.2 Top 6 Electric Guitar Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Electric Guitar Market Analysis by Regions
4.1 Global Electric Guitar Sales, Revenue and Market Share by Regions
4.1.1 Global Electric Guitar Sales and Market Share by Regions (2014-2019)
4.1.2 Global Electric Guitar Revenue and Market Share by Regions (2014-2019)
4.2 North America Electric Guitar Sales and Growth Rate (2014-2019)
4.3 Europe Electric Guitar Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Electric Guitar Sales and Growth Rate (2014-2019)
4.5 South America Electric Guitar Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Electric Guitar Sales and Growth Rate (2014-2019)
5 North America Electric Guitar by Country
5.1 North America Electric Guitar Sales, Revenue and Market Share by Country
5.1.1 North America Electric Guitar Sales and Market Share by Country (2014-2019)
5.1.2 North America Electric Guitar Revenue and Market Share by Country (2014-2019)
5.2 United States Electric Guitar Sales and Growth Rate (2014-2019)
5.3 Canada Electric Guitar Sales and Growth Rate (2014-2019)
5.4 Mexico Electric Guitar Sales and Growth Rate (2014-2019)...Continued
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