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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

The Acoustic & Electric Guitar Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Key Buyers Chapter

Market share concentration within the Acoustic and Electric Guitar Manufacturing industry is moderate, with the top four companies accounting for an estimated 76.3% of industry revenue in 2012. Fender Musical Instruments Corporation and Gibson Guitar Corporation dominate the US manufacturing landscape, with nearly all of their upscale product lines assembled in the United States. Combined, the brands account for more than half of industry revenue. The remaining share of industry revenue is divided between small-scale, low-output manufacturing firms that produce specialized or handcrafted electric and acoustic guitars. A majority of low quality guitars are manufactured abroad, with Yamaha, Ibanez, ESP and Samick being the leading foreign companies with guitar sales in the United States... 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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