Electric Guitar Market Share, Size, Trends and Growth to 2020

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...