Research and Markets - Global Electric Guitar Market 2016-2020 - Epiphone, Fender, Gibson, Karl H?fner & Yamaha Rock the Global Market

Apr 26, 2016, 10:10 ET from Research and Markets

DUBLIN, April 26, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Electric Guitar Market 2016-2020" report to their offering. 
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The global electric guitar market to grow at a CAGR of 3.44% during the period 2016-2020. 

Global Electric Guitar Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

The launch of new products is on the rise, which is a prominent trend in the market. Vendors are consistently experimenting with product designs to develop new products to cater to the market demand. 

According to the report, the rising number of concerts and live performances is a key driver of market growth. Individuals' enthusiasm for music has led to the formation of a many musical bands that frequently perform live in concert. Increased interest in music classes and institutions are also boosting the adoption of musical instruments, including electric guitars. 

Further, the report states that the increasing demand for electronic gadgets is a major challenge faced by electric guitar vendors.

The market is divided into the following segments based on end-user 

- Retailers 
- Individual users 

Key vendors 

- Epiphone 
- Fender 
- Gibson 
- Karl Höfner 
- Yamaha 

Other prominent vendors 

- Dean Guitars 
- Ibanez 
- Cort Guitars 
- ESP 
- Taylor 
- B.C. Rich 
- Godin 
- C. F. Martin & Company 
- Samick Musical Instruments 
- Schecter Guitar Research 
- Rickenbacker 
- G&L Musical Instruments 
- Carvin. 

Key Topics Covered: 

PART 01: Executive summary 
- Highlights 

PART 02: Scope of the report 
- Market overview 
- Top-vendor offerings 

PART 03: Market research methodology 
- Research methodology 
- Economic indicators 

PART 04: Introduction 
- Key market highlights 

PART 05: Market landscape 
- Market overview 
- Product life cycle 
- Five forces analysis 

PART 06: Geographical segmentation 
- Geographical segmentation of global electric guitar market 

PART 07: Key leading countries 
- US 

PART 08: Market drivers 
- Increased number of concerts and live performances 
- Increasing interest in leisure activities 
- Rise in disposable income 
- Expansion into emerging markets 

PART 09: Impact of drivers 

PART 10: Market challenges 
- Increased use of mobile virtual instrument apps 
- Availability of substitutes 
- Low replacement cycle 
- High manufacturing cost 
- Intense competition 

PART 11: Impact of drivers and challenges 

PART 12: Market trends 
- Increase in the launch of new products 
- Growing popularity of online retailers 
- Increasing number of M&A 
- Availability of web-based learning materials 

PART 13: Vendor landscape 
- Competitive scenario 
- Key vendors 
- Other prominent vendors 

PART 14: Appendix 

For more information visit http://www.researchandmarkets.com/research/2w58r7/global_electric

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SOURCE Research and Markets