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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 - Industry Investment Chapter

The Acoustic and Electric Guitar Manufacturing industry requires a moderate level of capital intensity. For every $1.00 spent on labor, the average industry firm will invest about $0.18 in capital equipment. In general, production of acoustic and electric guitars is fairly labor intensive. The carving, adjusting and assembly of many acoustic guitars require the work of highly skilled, highly trained craftsmen. This trend subdues the level of capital requirements for this manufacturing industry. In the United States, many firms focus on high quality guitars that require such skilled labor. As a result, wages are expected to account for roughly 20.0% of revenue in 2012... 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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