Amid the COVID-19 crisis and the looming economic recession, the Electric Guitars market worldwide will grow by a projected US$71.2 Million, during the analysis period

NEW YORK, July 6, 2020 /PRNewswire/ --

Amid the COVID-19 crisis and the looming economic recession, the Electric Guitars market worldwide will grow by a projected US$71.2 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 2.2%. Electric Guitar, one of the segments analyzed and sized in this study, is forecast to grow at over 2.2% and reach a market size of US$514.3 Million by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Electric Guitar market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.



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As part of the new emerging geographic scenario, the United States is forecast to readjust to a 1.2% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$1.5 Million to the region's size over the next 7 to 8 years. In addition, over US$1.8 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Electric Guitar segment will reach a market size of US$30.6 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Electric Guitars market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 4.5% over the next couple of years and add approximately US$25.1 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Electric Guitars market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, C. F. Martin & Co., Inc.; Carvin Corporation; Dean Guitars; Epiphone Guitar Corp.; Fender Musical Instruments Corp.; G&L Musical Instruments; Godin Guitars; Karl Hofner GmbH & Co. KG; Rickenbacker International Corporation; Samick Musical Instrument Co., Ltd.; Schecter Guitar Research; Yamaha Corporation



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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares
Electric Guitar Competitor Market Share Scenario Worldwide
(in %): 2019 & 2028
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: Electric Guitars Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 2: Electric Guitars Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019

Table 3: Electric Guitars Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Electric Guitar Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 4: United States Electric Guitars Market Estimates and Projections in US$ Thousand: 2020 to 2027

Table 5: Electric Guitars Market in the United States: A Historic Review in US$ Thousand for 2012-2019

CANADA
Table 6: Canadian Electric Guitars Market Estimates and Forecasts in US$ Thousand: 2020 to 2027

Table 7: Canadian Electric Guitars Historic Market Review in US$ Thousand: 2012-2019

JAPAN
Table 8: Japanese Market for Electric Guitars: Annual Sales
Estimates and Projections in US$ Thousand for the Period
2020-2027

Table 9: Electric Guitars Market in Japan: Historic Sales Analysis in US$ Thousand for the Period 2012-2019

CHINA
Table 10: Chinese Electric Guitars Market Growth Prospects in US$ Thousand for the Period 2020-2027

Table 11: Electric Guitars Historic Market Analysis in China in US$ Thousand: 2012-2019

EUROPE
Market Facts & Figures
European Electric Guitar Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 12: European Electric Guitars Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027

Table 13: Electric Guitars Market in Europe: A Historic Market
Perspective in US$ Thousand by Region/Country for the Period
2012-2019

Table 14: European Electric Guitars Market Share Shift by Region/Country: 2012 VS 2020 VS 2027

FRANCE
Table 15: Electric Guitars Market in France: Estimates and Projections in US$ Thousand for the Period 2020-2027

Table 16: French Electric Guitars Historic Market Scenario in US$ Thousand: 2012-2019

GERMANY
Table 17: Electric Guitars Market in Germany: Recent Past,
Current and Future Analysis in US$ Thousand for the Period
2020-2027

Table 18: German Electric Guitars Historic Market Analysis in US$ Thousand: 2012-2019

ITALY
Table 19: Italian Electric Guitars Market Growth Prospects in US$ Thousand for the Period 2020-2027

Table 20: Electric Guitars Historic Market Analysis in Italy in US$ Thousand: 2012-2019

UNITED KINGDOM
Table 21: United Kingdom Market for Electric Guitars: Annual
Sales Estimates and Projections in US$ Thousand for the Period
2020-2027

Table 22: Electric Guitars Market in the United Kingdom:
Historic Sales Analysis in US$ Thousand for the Period
2012-2019

SPAIN
Table 23: Spanish Electric Guitars Market Estimates and Forecasts in US$ Thousand: 2020 to 2027

Table 24: Spanish Electric Guitars Historic Market Review in US$ Thousand: 2012-2019

RUSSIA
Table 25: Russian Electric Guitars Market Estimates and Projections in US$ Thousand: 2020 to 2027

Table 26: Electric Guitars Market in Russia: A Historic Review in US$ Thousand for 2012-2019

REST OF EUROPE
Table 27: Rest of Europe Electric Guitars Market Estimates and Forecasts in US$ Thousand: 2020-2027

Table 28: Electric Guitars Market in Rest of Europe in US$ Thousand: A Historic Review for the Period 2012-2019

ASIA-PACIFIC
Table 29: Asia-Pacific Electric Guitars Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 30: Electric Guitars Market in Asia-Pacific: Historic
Market Analysis in US$ Thousand by Region/Country for the
Period 2012-2019

Table 31: Asia-Pacific Electric Guitars Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027

AUSTRALIA
Table 32: Electric Guitars Market in Australia: Recent Past,
Current and Future Analysis in US$ Thousand for the Period
2020-2027

Table 33: Australian Electric Guitars Historic Market Analysis in US$ Thousand: 2012-2019

INDIA
Table 34: Indian Electric Guitars Market Estimates and Forecasts in US$ Thousand: 2020 to 2027

Table 35: Indian Electric Guitars Historic Market Review in US$ Thousand: 2012-2019

SOUTH KOREA
Table 36: Electric Guitars Market in South Korea: Recent Past,
Current and Future Analysis in US$ Thousand for the Period
2020-2027

Table 37: South Korean Electric Guitars Historic Market Analysis in US$ Thousand: 2012-2019

REST OF ASIA-PACIFIC
Table 38: Rest of Asia-Pacific Market for Electric Guitars:
Annual Sales Estimates and Projections in US$ Thousand for the
Period 2020-2027

Table 39: Electric Guitars Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Thousand for the Period
2012-2019

LATIN AMERICA
Table 40: Latin American Electric Guitars Market Trends by Region/Country in US$ Thousand: 2020-2027

Table 41: Electric Guitars Market in Latin America in US$
Thousand by Region/Country: A Historic Perspective for the
Period 2012-2019

Table 42: Latin American Electric Guitars Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027

ARGENTINA
Table 43: Argentinean Electric Guitars Market Estimates and Forecasts in US$ Thousand: 2020-2027

Table 44: Electric Guitars Market in Argentina in US$ Thousand: A Historic Review for the Period 2012-2019

BRAZIL
Table 45: Electric Guitars Market in Brazil: Estimates and Projections in US$ Thousand for the Period 2020-2027

Table 46: Brazilian Electric Guitars Historic Market Scenario in US$ Thousand: 2012-2019

MEXICO
Table 47: Electric Guitars Market in Mexico: Recent Past,
Current and Future Analysis in US$ Thousand for the Period
2020-2027

Table 48: Mexican Electric Guitars Historic Market Analysis in US$ Thousand: 2012-2019

REST OF LATIN AMERICA
Table 49: Rest of Latin America Electric Guitars Market Estimates and Projections in US$ Thousand: 2020 to 2027

Table 50: Electric Guitars Market in Rest of Latin America: A Historic Review in US$ Thousand for 2012-2019

MIDDLE EAST
Table 51: The Middle East Electric Guitars Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 52: Electric Guitars Market in the Middle East by Region/Country in US$ Thousand: 2012-2019

Table 53: The Middle East Electric Guitars Market Share Breakdown by Region/Country: 2012, 2020, and 2027

IRAN
Table 54: Iranian Market for Electric Guitars: Annual Sales
Estimates and Projections in US$ Thousand for the Period
2020-2027

Table 55: Electric Guitars Market in Iran: Historic Sales Analysis in US$ Thousand for the Period 2012-2019

ISRAEL
Table 56: Israeli Electric Guitars Market Estimates and Forecasts in US$ Thousand: 2020-2027

Table 57: Electric Guitars Market in Israel in US$ Thousand: A Historic Review for the Period 2012-2019

SAUDI ARABIA
Table 58: Saudi Arabian Electric Guitars Market Growth Prospects in US$ Thousand for the Period 2020-2027

Table 59: Electric Guitars Historic Market Analysis in Saudi Arabia in US$ Thousand: 2012-2019

UNITED ARAB EMIRATES
Table 60: Electric Guitars Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Thousand for
the Period 2020-2027

Table 61: United Arab Emirates Electric Guitars Historic Market Analysis in US$ Thousand: 2012-2019

REST OF MIDDLE EAST
Table 62: Electric Guitars Market in Rest of Middle East:
Recent Past, Current and Future Analysis in US$ Thousand for
the Period 2020-2027

Table 63: Rest of Middle East Electric Guitars Historic Market Analysis in US$ Thousand: 2012-2019

AFRICA
Table 64: African Electric Guitars Market Estimates and Projections in US$ Thousand: 2020 to 2027

Table 65: Electric Guitars Market in Africa: A Historic Review in US$ Thousand for 2012-2019

IV. COMPETITION
Total Companies Profiled: 41
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