Europe Electric Guitars Market By Distribution Channel (Offline Channels and Online Channels), By Product (Solid-body, Semi-hollow Body, and Hollow-body), By Type (Lead/Rhythm and Bass), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
The Europe Electric Guitars Market would witness market growth of 5.6% CAGR during the forecast period (2021-2027).
Electric guitar strings are significantly softer than those on regular guitars, making it easier for guitarists to play. Furthermore, because of the narrow width of the neck on electric guitars, barre chords are easier to master. Electric guitars are often hooked into a guitar amplifier since their strings produce less audible sound once plucked.
Electric guitars are a form of guitar in which strumming the strings does not provide the majority of the sound. The vibrations created by the motion of the strings are electronically caught and increased to provide a louder output. Because electric guitars provide an electronic reflection of the vibration of the string, the sound of an electric guitar may also be electrically adjusted.
Modern instruments have positively impacted from a variety of enhancements, including reduced noise, easier string tuning, and more appealing/longer lasting coatings. A black bobbin with six magnetic bars inserted and a material such as enamelled wire coiled around the magnets makes up an electric guitar pickup. To better pick up the sound from the six stings, six magnets are used. Instead of magnets, some pickups employ metal rods. A long and narrow magnet is placed beneath the bobbin in this case.
The Germany market dominated the Europe Electric Guitars Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $304 million by 2027. The UK market would witness a CAGR of 4.8% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 6.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
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