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Acoustic & Electric Guitar Manufacturing: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Acoustic & Electric Guitar Manufacturing Market Research Report | NAICS OD4644 | May 2016

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

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
Industry Statistics & Market Size
Revenue
$508m
Annual Growth 11-16
0.3%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
2,776
Businesses
158
Industry Threats & Opportunities
  • An increase in per capita disposable income will spur demand for industry products
  • About half of new instruments sold in the United States are manufactured abroad
  • Higher demand from musical instrument stores will boost industry sales
  • ... purchase to read more

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 Products Chapter

Guitars

Electric guitars are expected to account for about 27.9% of industry revenue in 2016. Electric guitars differ from traditional acoustic guitars because they use a pickup device to convert the vibration of their strings into electrical impulses. Once the vibration is converted to an electrical impulse, it is then sent through an amplifier before going to the speakers. The amplifier intensifies the sound, allowing it to be heard through speakers.

Similarly, acoustic guitars are expected to account for an equally significant portion of industry revenue at 35.7% in 2016. Unlike electric guitars, acoustic guitars use only an acoustic soundboard to transmit the strings' vibrational energy into the air. Fur.. ... purchase to read more

Additional Insights for the Acoustic & Electric Guitar Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Acoustic & Electric Guitar Manufacturing Industry are

  • Ability to quickly adopt new technology
  • Access to high quality inputs
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Demand from musical instrument and supplies stores and Per capita disposable income in the Acoustic & Electric Guitar Manufacturing industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    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


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from musical instrument and supplies stores
  • Per capita disposable income
  • Trade-weighted index
  • Price of sawmill lumber
  • Time spent on leisure and sports
  • Current Performance
  • Consumer demand
  • Trade’s important role
  • High-end demand
  • Chart: Revenue Growth
  • Industry Outlook
  • Market demand
  • The guitar trade
  • Industry challenges
  • Table: Acoustic & Electric Guitar Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Acoustic & Electric Guitar Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Musical Instrument & Supplies Stores
  • Consumers
  • Key Selling Industries
  • Electronic Part & Equipment Wholesaling
  • Industrial Supplies Wholesaling
  • Sawmills & Wood Production
  • Products & Services
  • Acoustic guitars
  • Electric guitars
  • Accessories
  • Amplifiers
  • Chart: Acoustic & Electric Guitar Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Music stores
  • Mass merchants and online and catalog retailers
  • Third party distributors
  • Chart: Major Market Segmentation for the Acoustic & Electric Guitar Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Acoustic & Electric Guitar Manufacturing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Acoustic & Electric Guitar Manufacturing Industry
  • Industry Globalization
    Major Companies
    Fender Musical Instruments Corporation
    Gibson Guitar Corporation
    C.F. Martin & Co.
    Taylor Guitars
  • Table: Fender Musical Instruments Corporation - financial performance
  • Table: Gibson Guitar Corporation - financial performance
  • Table: C.F. Martin & Co. - financial performance
  • Table: Taylor Guitars - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Acoustic & Electric Guitar Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Acoustic & Electric Guitar Manufacturing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Acoustic Guitar
  • A guitar that uses only an acoustic sound board to help transmitting the strings' vibrational energy to the air in order to produce a sound.
  • Amplifier
  • An amplifier converts the barely audible or purely electronic signal from musical instruments such as an electric guitar or electric bass into an electronic signal capable of driving a loudspeaker.
  • Electric Guitar
  • A guitar that uses a pickup to convert the vibration of its strings into electrical impulses.
  • Pickup Device
  • A device that captures mechanical vibrations from electric guitars.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Acoustic & Electric Guitar Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Acoustic & Electric Guitar Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Acoustic & Electric Guitar Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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