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New York, NY -- (SBWIRE) -- 08/15/2018 -- The latest industry intelligence research on the Electric Guitar market offers a repository of valuable data on the size, share, and growth rate of the Electric Guitar market for the forecast period, 2018 - 2025. Importantly, examination of various facets of the industry including but not limited to production volume, product sales, demand and supply assessment and forecast for the period, 2018 - 2025 aim at offering business owners a competitive edge over their rivals. The study further conducts a qualitative evaluation of various driving forces expected to shape the future of the industry during the estimated period.
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United States electric guitar market size was valued at around USD 373.59 million in 2016. APAC countries such as China, India, and South Korea currently have a low penetration rate but are expected to emerge as an attractive opportunity for vendors to venture during this period. The region is predicted to emerge as the fastest growing markets for electric guitars globally.
The four largest operators account for about 65.11% of total industry revenue in 2016. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures.
The global Electric Guitar market is valued at 460 million US$ in 2017 and will reach 610 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2018-2025.
This report focuses on the global top players which are Gibson, Fender, Yamaha, Ibanez, ESP, CORT, Epiphone, Squier, PRS, SCHECTER, Jackson, Peavey, Washburn, Taylor, Farida, Karl Hofner
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Market segment by Type, the product can be split into:
- Solid Body
- Semi-Hollow Body
- Hollow Body
Market segment by Application, split into:
- Professional Performance
- Learning and Training
- Individual Amateurs
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Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering:
- North America
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
In this study, the years considered to estimate the market size of Squalene are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
With the given market data, Research Team offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Electric Guitar market, by end-use.
Detailed analysis and profiles of additional market players.
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