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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 SWOT Analysis Chapter

The Acoustic and Electric Guitar Manufacturing industry is in the mature stage of its economic life cycle. The industry is characterized by a declining number of players, slow technological change and brand awareness. Industry Value Added (IVA), which measures an industry's contribution to the overall economy, is expected to increase at an annualized rate of 0.9%, over the 10 years to 2019. In contrast, the US GDP is projected to grow at an annualized rate of 2.5% during the same period. Typically, an industry is considered to be in the mature stage of its economic life cycle when growth in IVA trends with GDP growth over a 10-year period... 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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