Global Electric Guitars Industry

Global Electric Guitars Industry

  • July 2020 •
  • 137 pages •
  • Report ID: 5899401 •
  • Format: PDF
Global Electric Guitars Market to Reach $514.3 Million by 2027

Amid the COVID-19 crisis, the global market for Electric Guitars estimated at US$443.1 Million in the year 2020, is projected to reach a revised size of US$514.3 Million by 2027, growing at a CAGR of 2.2% over the period 2020-2027.

The U.S. Market is Estimated at $119.9 Million, While China is Forecast to Grow at 4.1% CAGR

The Electric Guitars market in the U.S. is estimated at US$119.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$100.7 Million by the year 2027 trailing a CAGR of 4.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.We bring years of research experience to this 8th edition of our report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • C. F. Martin & Co., Inc.
  • Carvin Corporation
  • Dean Guitars
  • Epiphone Guitar Corp.
  • Fender Musical Instruments Corp.
  • G&L Musical Instruments
  • Godin Guitars
  • Karl Hofner GmbH & Co. KG
  • Rickenbacker International Corporation
  • Samick Musical Instrument Co., Ltd.
  • Schecter Guitar Research
  • Yamaha Corporation