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Acoustic & Electric Guitar Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Acoustic & Electric Guitar Manufacturing Market Research Report | Consumer Goods & Services | Leisure Product Manufacturing | Oct 2012

Strumming along: Current growth will continue through 2017 at a strong and steady rate

IBISWorld’s Acoustic & Electric Guitar Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Fender Musical Instruments Corporation Fender Musical Instruments Corporation market share
Gibson Guitar Corporation Gibson Guitar Corporation market share
Industry Statistics & Market Size
Revenue
$969m
Annual Growth 07-12
-4.9%
Annual Growth 12-17
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Profit
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Employment
4,904
Businesses
224
Industry Analysis & Industry Trends

The Acoustic and Electric Guitar Manufacturing industry struck a couple wrong notes in 2008 and 2009, with revenue plummeting as the recession took hold. Those two years brought overall revenue down for the five-year period to 2012, despite a rebound in sales in the latter half of the period. This growth is expected to continue through 2017 as consumers relieve pent-up demand when their disposable income rises. Revenue is expected to reach prerecession levels by the end of the period, but the trade-weighted index and rising import penetration will hinder revenue growth.... purchase to read more

Industry Report - Industry Locations Chapter

Locations of the Acoustic and Electric Guitar Manufacturing industry's production facilities are primarily in the West region of the United States. Factors affecting location include proximity to suppliers of electronic parts, for example. Proximity to customers, export markets and relatively low-cost raw materials or labor also plays a role in determining industry operations. Consequently industry activity is mostly concentrated in areas close to shipping ports because many components of acoustic and electric guitars come from Asia and Africa.

Alternatively, businesses are located in areas with a lower average wage or close to their headquarters... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Acoustic & Electric Guitar Manufacturing Industry?

This industry manufactures acoustic and electric guitars. Operators that manufacture guitar amplifiers and accessories are also included in this industry.

Industry Products
Acoustic guitarsElectric guitarsBass guitarsAmplifiers and accessories
 
Industry Activities
Acoustic guitarElectric guitarElectric bass guitarAcoustic bass guitarAmplifiers and other guitar accessories


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