Learn about the global electric guitars market through The Business Research Company, which provides information on electric guitars market size, electric guitars market drivers and restraints, electric guitars market players, the COVID-19 impact on the electric guitars market, and more.

The global electric guitar market size is expected to grow from $2.61 billion in 2021 to $2.84 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The global electric guitars market size is expected to grow to $3.60 billion in 2026 at a CAGR of 6.1%.

The growing interest in music is a major factor driving the growth of the electric guitars market.

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The electric guitars market consists of sales of electric guitars by entities (organizations, sole traders, or partnerships) that refer to a guitar with electric or magnetic pickups that allow the sound to be enhanced and broadcast through a loudspeaker. The electric guitar is a sound-producing instrument with a wooden body and steel strings. It converts the vibrations of its strings into electrical impulses, which are then reproduced as sound by loudspeakers, using one or more pickups.

Global Electric Guitars Market Segments Include:

By Type: Electric Acoustic Guitar, Seven String Guitar, Solid Body Guitar, Hollow Body Guitar, Others

By Price: Low, Medium, High

By Distribution Channel: Online, Offline

By End-User: Professionals, Learners, Individual Amateurs

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the electric guitar market in 2021

Strategic partnerships and collaborations have emerged as a key trend gaining popularity in the electric guitar market. Major companies operating in the electric guitars sector are focused on partnerships or collaboration to meet consumer demand and strengthen their position.

TBRC’s electric guitars market report covers:

Major Market Players: Gibson Brands Inc, Fender Musical Instruments Corporation, Ibanez Guitars, Yamaha Corporation, Rickenbacker International Corp, Carvin Corporation, Karl Hofner GmbH & Company KG, ESP Company Ltd, G&L Musical Instruments, Cort Guitars, Dean Guitars, Michael Kelly Guitars, CF Martin & Company, Epiphone, Gibson Brands Inc, EDM Music, and B C Rich Guitars.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Electric Guitars Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides electric guitars market overviews, analyzes and forecasts market size, share, electric guitars market players, electric guitars market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s electric guitars market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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