Global Electric Guitars Market Size & Outlook, 2022-2030
Global electric guitars market, 2017-2030 (US$M)
Related Markets
Global electric guitars market highlights
- The global electric guitars market generated a revenue of USD 4,492.7 million in 2022 and is expected to reach USD 7,621.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.8% by 2030.
- In terms of segment, solid body accounted for a revenue of USD 2,934.8 million in 2022.
- Semi-Hollow Body is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,492.7 million |
| Market revenue in 2030 | USD 7,621.1 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Solid body |
| Fastest growing segment | Semi-Hollow Body |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid Body, Semi-Hollow Body, Hollow Body, Accessories |
Other key industry trends
- In terms of revenue, the North America accounted for 25.7% of the global electric guitars market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 308.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Electric Guitars Market Scope
Electric Guitars Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CORTEK | View profile | 11-50 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.cortguitars.com |
| The ESP Guitar Company | View profile | 11-50 | North Hollywood, California, United States, North America | https://www.espguitars.com/ |
| Ibanez | View profile | 11-50 | Nagoya, Aichi, Japan, Asia | http://ibanez.com |
| Boosey & Hawkes | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.boosey.com/ |
| Fender | View profile | 1001-5000 | Scottsdale, Arizona, United States, North America | https://www.fender.com |
| Yamaha Corp | View profile | 25994 | 10-1, Nakazawa-cho, Naka-ku, Shizuoka, Hamamatsu, Japan, 430-8650 | https://www.yamaha.com |
| KKR & Co Inc Ordinary Shares | View profile | 4490 | 30 Hudson Yards, New York, NY, United States, 10001 | https://www.kkr.com |
Global electric guitars market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric guitars market will help companies and investors design strategic landscapes.
Solid body was the largest segment with a revenue share of 65.32% in 2022. Horizon Databook has segmented the Global electric guitars market based on solid body, semi-hollow body, hollow body, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Electric Guitars Product Outlook (Revenue, USD Million, 2017-2030)
- Hollow Body
- Accessories
- Solid Body
- Semi-Hollow Body
- Global Electric Guitars Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Offline
- Online
Reasons to subscribe to Global electric guitars market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global electric guitars market databook
-
Our clientele includes a mix of electric guitars market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global electric guitars market , including forecasts for subscribers. This global databook contains high-level insights into Global electric guitars market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global electric guitars market size, by regions, 2017-2030 (US$M)
Top 10 countries: Electric guitars market size, 2022 (US$M)
Global electric guitars market share, by distribution channel, 2022 & 2030 (%, US$M)
Electric guitars market: Opportunity assessment by country
Global electric guitars market, by region, 2022 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
