China Electric Guitars Market Size & Outlook, 2022-2030
China electric guitars market, 2017-2030 (US$M)
Related Markets
China electric guitars market highlights
- The China electric guitars market generated a revenue of USD 491.1 million in 2022 and is expected to reach USD 919.5 million by 2030.
- The China market is expected to grow at a CAGR of 8.2% from 2023 to 2030.
- In terms of segment, solid body was the largest revenue generating product in 2022.
- Semi-Hollow Body is the most lucrative product segment registering the fastest growth during the forecast period.
Electric guitars market data book summary
| Market revenue in 2022 | USD 491.1 million |
| Market revenue in 2030 | USD 919.5 million |
| Growth rate | 8.2% (CAGR from 2022 to 2030) |
| Largest segment | Solid body |
| Fastest growing segment | Semi-Hollow Body |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid Body, Semi-Hollow Body, Hollow Body, Accessories |
| Key market players worldwide | KKR & Co Inc Ordinary Shares, Yamaha Corp, Fender, Boosey & Hawkes, Ibanez, The ESP Guitar Company, CORTEK |
Other key industry trends
- In terms of revenue, China accounted for 10.9% of the global electric guitars market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China electric guitars market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 919.5 million by 2030.
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Electric Guitars Market Scope
Electric Guitars Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China electric guitars market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric guitars market will help companies and investors design strategic landscapes.
Solid body was the largest segment with a revenue share of 62.13% in 2022. Horizon Databook has segmented the China electric guitars market based on solid body, semi-hollow body, hollow body, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
For decades, China’s spectacular culture of music has had far-reaching effects in neighboring countries and around the world.
The country also conducts popular music festivals such as the Beijing Pop Festival, the Concrete & Grass Music Festival, Evergrande Starlight Festival, the Great Wall International Music Academy, the INTRO Music Festival, and the Midi Music Festival.
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Our clientele includes a mix of electric guitars market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China electric guitars market , including forecasts for subscribers. This country databook contains high-level insights into China electric guitars market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China electric guitars market size, by product, 2017-2030 (US$M)
China Electric Guitars Market Outlook Share, 2022 & 2030 (US$M)
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