The Asia Pacific Electric Guitars Market would witness market growth of 6.2% CAGR during the forecast period (2021-2027).
The electric guitar employs the technique of direct electromagnetic induction to convert the vibration of the strings into electrical pulses. Because the signal produced is too weak to drive a loudspeaker, it is amplified before transmission to the loudspeaker. Because the electric guitar's output is an electric signal, it can be readily manipulated deploying an electronic circuit, and it may also be modified using other effects like reverb and distortion.
The construction and design of an electric guitar vary greatly depending on the layout of the bridge, neck, and pickups, as well as the form of the body. Tapping, string bending, employing auditory feedback, hammering and slide guitar playing may all be used to alter the sound of an electric guitar. Electric guitars include a spring-loaded movable bridge that allows the musician to scale down the pitch, tremolo, bend notes, and raise the chords.
The rising number of various bands like BTS across this region and the growing popularity of the Asian music across the world would further augment the demand for various musical instruments including electric guitars. Along with that, the increasing demand for customized guitars and the rising competition across the region would compel customers to invest more on them and also provide them with more options in the market.
The China market dominated the Asia Pacific Electric Guitars Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $546 million by 2027. The Japan market is anticipated to grow a CAGR of 5.5% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 6.8% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline Channels and Online Channels. Based on Product, the market is segmented into Solid-body, Semi-hollow Body, and Hollow-body. Based on Type, the market is segmented into Lead/Rhythm and Bass. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Electric Guitars Market is Projected to reach USD 5.1 Billion by 2027, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Gibson Brands, Inc (Epiphone), Fender Musical Instruments Corporation, Karl Hofner GmbH & Co. KG, Ibanez guitars, Cort Guitars, Michael Kelly Guitar Co., Yamaha Corporation (Menchey Music Service, Inc.), and The ESP Guitar Company.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Offline Channels
- Online Channels
By Product
- Solid-body
- Semi-hollow Body
- Hollow-body
By Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Gibson Brands, Inc (Epiphone)
- Fender Musical Instruments Corporation
- Karl Hofner GmbH & Co. KG
- Ibanez guitars
- Cort Guitars
- Michael Kelly Guitar Co.
- Yamaha Corporation (Menchey Music Service, Inc.)
- The ESP Guitar Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Guitars Market, by Distribution Channel
1.4.2 Asia Pacific Electric Guitars Market, by Product
1.4.3 Asia Pacific Electric Guitars Market, by Type
1.4.4 Asia Pacific Electric Guitars Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Jan – 2021, Dec) Leading Players
Chapter 4. Asia Pacific Electric Guitars Market by Distribution Channel
4.1 Asia Pacific Electric Guitars Offline Channels Market by Country
4.2 Asia Pacific Electric Guitars Online Channels Market by Country
Chapter 5. Asia Pacific Electric Guitars Market by Product
5.1 Asia Pacific Electric Guitars Solid-body Market by Country
5.2 Asia Pacific Electric Guitars Semi-hollow Body Market by Country
5.3 Asia Pacific Electric Guitars Hollow-body Market by Country
Chapter 6. Asia Pacific Electric Guitars Market by Type
6.1 Asia Pacific Lead/Rhythm Electric Guitars Market by Country
6.2 Asia Pacific Bass Electric Guitars Market by Country
Chapter 7. Asia Pacific Electric Guitars Market by Country
7.1 China Electric Guitars Market
7.1.1 China Electric Guitars Market by Distribution Channel
7.1.2 China Electric Guitars Market by Product
7.1.3 China Electric Guitars Market by Type
7.2 Japan Electric Guitars Market
7.2.1 Japan Electric Guitars Market by Distribution Channel
7.2.2 Japan Electric Guitars Market by Product
7.2.3 Japan Electric Guitars Market by Type
7.3 India Electric Guitars Market
7.3.1 India Electric Guitars Market by Distribution Channel
7.3.2 India Electric Guitars Market by Product
7.3.3 India Electric Guitars Market by Type
7.4 South Korea Electric Guitars Market
7.4.1 South Korea Electric Guitars Market by Distribution Channel
7.4.2 South Korea Electric Guitars Market by Product
7.4.3 South Korea Electric Guitars Market by Type
7.5 Singapore Electric Guitars Market
7.5.1 Singapore Electric Guitars Market by Distribution Channel
7.5.2 Singapore Electric Guitars Market by Product
7.5.3 Singapore Electric Guitars Market by Type
7.6 Malaysia Electric Guitars Market
7.6.1 Malaysia Electric Guitars Market by Distribution Channel
7.6.2 Malaysia Electric Guitars Market by Product
7.6.3 Malaysia Electric Guitars Market by Type
7.7 Rest of Asia Pacific Electric Guitars Market
7.7.1 Rest of Asia Pacific Electric Guitars Market by Distribution Channel
7.7.2 Rest of Asia Pacific Electric Guitars Market by Product
7.7.3 Rest of Asia Pacific Electric Guitars Market by Type
Chapter 8. Company Profiles
8.1 Gibson Brands, Inc (Epiphone)
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Product Launches and Product Expansions:
8.1.2.2 Geographical Expansions:
8.2 Fender Musical Instruments Corporation
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.3 Karl Hofner GmbH & Co. KG
8.3.1 Company Overview
8.4 Ibanez guitars
8.4.1 Company Overview
8.5 Cort Guitars
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.6 Michael Kelly Guitar Co.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 Yamaha Corporation (Menchey Music Service, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Geographical Expansions:
8.8 The ESP Guitar Company
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.8.2.3 Geographical Expansions:
TABLE 1 Asia Pacific Electric Guitars Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Electric Guitars Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Electric Guitars Market
TABLE 4 Product Launches And Product Expansions– Electric Guitars Market
TABLE 5 Geographical Expansions– Electric Guitars Market
TABLE 6 Asia Pacific Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Electric Guitars Offline Channels Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Electric Guitars Offline Channels Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Electric Guitars Online Channels Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Electric Guitars Online Channels Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Electric Guitars Solid-body Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Electric Guitars Solid-body Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Electric Guitars Semi-hollow Body Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Electric Guitars Semi-hollow Body Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Electric Guitars Hollow-body Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Electric Guitars Hollow-body Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Lead/Rhythm Electric Guitars Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Lead/Rhythm Electric Guitars Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Bass Electric Guitars Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Bass Electric Guitars Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Electric Guitars Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Electric Guitars Market by Country, 2021 - 2027, USD Million
TABLE 28 China Electric Guitars Market, 2017 - 2020, USD Million
TABLE 29 China Electric Guitars Market, 2021 - 2027, USD Million
TABLE 30 China Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 31 China Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 32 China Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 33 China Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 34 China Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 35 China Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 36 Japan Electric Guitars Market, 2017 - 2020, USD Million
TABLE 37 Japan Electric Guitars Market, 2021 - 2027, USD Million
TABLE 38 Japan Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 39 Japan Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 40 Japan Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 41 Japan Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 42 Japan Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 43 Japan Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 44 India Electric Guitars Market, 2017 - 2020, USD Million
TABLE 45 India Electric Guitars Market, 2021 - 2027, USD Million
TABLE 46 India Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 47 India Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 48 India Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 49 India Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 50 India Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 51 India Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 52 South Korea Electric Guitars Market, 2017 - 2020, USD Million
TABLE 53 South Korea Electric Guitars Market, 2021 - 2027, USD Million
TABLE 54 South Korea Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 55 South Korea Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 56 South Korea Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 57 South Korea Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 58 South Korea Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 59 South Korea Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 60 Singapore Electric Guitars Market, 2017 - 2020, USD Million
TABLE 61 Singapore Electric Guitars Market, 2021 - 2027, USD Million
TABLE 62 Singapore Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 63 Singapore Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 64 Singapore Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 65 Singapore Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 66 Singapore Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 67 Singapore Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 68 Malaysia Electric Guitars Market, 2017 - 2020, USD Million
TABLE 69 Malaysia Electric Guitars Market, 2021 - 2027, USD Million
TABLE 70 Malaysia Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 71 Malaysia Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 72 Malaysia Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 73 Malaysia Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 74 Malaysia Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 75 Malaysia Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 76 Rest of Asia Pacific Electric Guitars Market, 2017 - 2020, USD Million
TABLE 77 Rest of Asia Pacific Electric Guitars Market, 2021 - 2027, USD Million
TABLE 78 Rest of Asia Pacific Electric Guitars Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 79 Rest of Asia Pacific Electric Guitars Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 80 Rest of Asia Pacific Electric Guitars Market by Product, 2017 - 2020, USD Million
TABLE 81 Rest of Asia Pacific Electric Guitars Market by Product, 2021 - 2027, USD Million
TABLE 82 Rest of Asia Pacific Electric Guitars Market by Type, 2017 - 2020, USD Million
TABLE 83 Rest of Asia Pacific Electric Guitars Market by Type, 2021 - 2027, USD Million
TABLE 84 Key information – Gibson Brands, Inc.
TABLE 85 Key information – Fender Musical Instruments Corporation
TABLE 86 Key information – Karl Hofner GmbH & Co. KG
TABLE 87 Key information – Ibanez guitars
TABLE 88 Key information – Cort Guitars
TABLE 89 Key information – Michael Kelly Guitar Co.
TABLE 90 Key information – Yamaha Corporation
TABLE 91 Key information – The ESP Guitar Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jan – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Gibson Brands, Inc.
FIG 6 Recent strategies and developments: Fender Musical Instruments Corporation
FIG 7 Recent strategies and developments: Yamaha Corporation
FIG 8 Recent strategies and developments: The ESP Guitar Company