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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 | May 2016

A little static: Declining exports will neutralize growth from increasing disposable income

IBISWorld’s Acoustic & Electric Guitar Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
C.F. Martin & Co. C.F. Martin & Co. market share
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
$508m
Annual Growth 11-16
0.3%
Annual Growth 16-21
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Profit
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Employment
2,776
Businesses
152
Industry Analysis & Industry Trends

The Acoustic and Electric Guitar Manufacturing industry has experienced subdued growth over the five years to 2016. 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. As economic conditions rebounded from recessionary lows, pent-up demand for discretionary purchases increased, benefiting demand for industry products.... purchase to read more

Industry Report - Industry Key Buyers Chapter

Market share concentration within the Acoustic and Electric Guitar Manufacturing industry is high, with the top four companies accounting for an estimated 79.7% of industry revenue in 2016. 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. Additionally, Taylor Guitars and C.F. Martin and Co. command a large share of the acoustic manufacturing space. The remaining share of industry

Revenue is divided between small-scale, low-output manufacturing companies that produce specialized or handcrafted electric and acoustic guitars... 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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