Global Electric Guitar Market Growth 2025-2031

The global Electric Guitar market size is predicted to grow from US$ 546 million in 2025 to US$ 652 million in 2031; it is expected to grow at a CAGR of 3.0% from 2025 to 2031.

Electric guitars are a type of guitars in which strumming the strings themselves is not the primary source of the sound. Rather, the vibrations caused by the movement of the strings are captured and magnified electronically in order to produce a louder output. The sound of an electric guitar can also be electrically modified, since an electrical representation of the vibration of the string is produced in electric guitars. This can then be modulated with the help of dials and other controls on the electric guitar as well as pedals. This is the primary factor distinguishing electric guitars from acoustic guitars; the sound produced by the latter comes directly from the vibration of the strings and thus can’t be modulated electronically.

The global Electric Guitar industry is characterized by several large international manufactures and many smaller regional manufactures. Therefore, market share concentration is relatively low. The four largest operators include Gibson, Fender, Yamaha and Ibanez, ​account for about 65% of total industry revenue.

LP Information, Inc. (LPI) ' newest research report, the “Electric Guitar Industry Forecast” looks at past sales and reviews total world Electric Guitar sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Guitar sales for 2025 through 2031. With Electric Guitar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Guitar industry.

This Insight Report provides a comprehensive analysis of the global Electric Guitar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Guitar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Guitar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Guitar and breaks down the forecast by Type, by End User, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Guitar.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Guitar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Solid Body
Semi-Hollow Body
Hollow Body

Segmentation by End User:
Individual Amateurs
Learning and Training
Professional Performance

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Gibson
Fender Musical Instruments Corporation
Yamaha
Ibanez
ESP
CORT
Epiphone
Squier
PRS
SCHECTER
Jackson
Peavey
Washburn
Taylor
Farida
Karl Höfner
Tokai
FujiGen Gakki
Fernandes Guitars

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Guitar market?

What factors are driving Electric Guitar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Guitar market opportunities vary by end market size?

How does Electric Guitar break out by Type, by End User?

Please note: The report will take approximately 2 business days to prepare and deliver.