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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 | Nov 2014

A little static: Growth will continue through 2019, but competition will continue to threaten

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
Taylor Guitars Taylor Guitars market share
Industry Statistics & Market Size
Revenue
$917m
Annual Growth 09-14
1.8%
Annual Growth 14-19
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Profit
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Employment
5,208
Businesses
263
Industry Analysis & Industry Trends

The Acoustic and Electric Guitar Manufacturing industry has enjoyed solid growth over the five years to 2014. Stronger consumer sway, indicated by increasing levels of per capita disposable income, has underpinned demand for industry products. Guitars are considered discretionary purchase and are subsequently extremely sensitive to changes in overall economic conditions. Over the five years to 2019, the guitar manufacturing industry is expected to continue growing, albeit at a slower rate than the previous five-year period. Revenue growth is expected to be driven by rises in per capita disposable income, which will lead to more discretionary purchases, such as guitars.... purchase to read more

Industry Report - Industry Analysis Chapter

The popularity of rock music and the era of the start-up band have declined from their peak, leading guitar user growth to slow. Despite this trend, the Acoustic and Electronic Guitar Manufacturing industry has experienced solid growth over the five years to 2014. Rising per capita disposable income and a higher amount of leisure time have caused consumers to purchase new guitars from industry operators. Additionally, a falling trade-weighted index has benefited foreign demand. As a result of these positive trends, IBISWorld expects industry revenue to increase at an annualized rate of 1.8% to $917.1 million. In 2014 alone, revenue is expected to rise by 0.7%, buoyed by an increase in demand from musical instrument stores... 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 guitarsAccessoriesAmplifiers
 
Industry Activities
Acoustic guitarElectric guitarElectric bass guitarAcoustic bass guitarAmplifiers and other guitar accessories


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