An electric guitar is built with a transducer to magnify vibrations of the guitar strings. When the guitar is plugged into an amplifier, the electrical signals generated are boosted by an audio-frequency amplifier and sent to a loudspeaker. The volume and resonance of the guitar are controlled by the player. Special effects such as reverb and distortion can also be generated by both the guitar and amplifier.
Technavio's analysts forecast the global electric guitar market to grow at a CAGR of 3.44% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global electric guitar market for 2016-2020. To calculate the market size, the report considers the revenue generated from shipments of electric guitars in three geographical regions:
The Americas
Asia-Pacific (APAC)
Europe, the Middle East, and Africa (EMEA)
The market is divided into the following segments based on end-user:
Retailers
Individual users
Technavio's report, Global Electric Guitar Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Epiphone
- Fender
- Gibson
- Karl Hofner
- Yamaha
Other prominent vendros
- Dean Guitars
- Ibanez
- Cort Guitars
- ESP
- Taylor
- B.C. Rich
- Godin
- C. F. Martin & Company
- Samick Musical Instruments
- Schecter Guitar Research
- Rickenbacker
- G&L Musical Instruments
- Carvin.
Market driver
- Increased number of concerts and live performances
- For a full, detailed list, view our report
Market challenge
- Increased use of mobile virtual instruments apps
- For a full, detailed list, view our report
Market trend
- Introduction of new products
- For a full, detailed list, view our report
Key questions answered in this reports
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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