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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

Potential new entrants to the Acoustic and Electric Guitar Manufacturing industry face moderate barriers to entry. Competition within the industry is high, as domestic manufacturers compete extensively for market share while also facing an extreme level of competition from imports and the secondary market. This level of competition may discourage some firms from entering. Compounding the high level of competition, the industry's two largest firms, Fender Musical Instruments Corporation and Gibson Guitar Corporation, are expected to generate more than half of the industry's total revenue in 2012. The presence of such large firms may also discourage firms from entering the industry, given the small share of industry revenue spread among the remaining industry enterprises... 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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