Electric Guitar Market with Global Competitive Analysis, and New Business Developments


The electric guitar is definitely one of the coolest pieces of accessories anyone can own these days. You get one, and you’re sure to be surrounded by people of all kinds. Hell, a whole lot of people post pictures on social media posing with one even if they have never played it or don’t even know how. Further, most Bollywood songs have nothing to do with the guitar, but the videos often show people playing one.

However, there are certain brands that have become associated with a particular genre of music and the guitarists themselves. Here, we are majorly going to focus on rock n’ roll and heavy metal, because the instrument is central to them. We’ll begin from the softer yet more-technical subgenres and move on to the heavier ones.

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To begin, there is the traditional rock n’ roll and hard rock, pioneered by artists such as Elvis Presley, The Beatles, Led Zeppelin, AC/DC, The Doors, Aerosmith, Queen, and The Who, along with many others. They generally use the older brands, which are characterized by simpler designs and a cleaner sound, for instance, Fender and Gibson. Fender Stratocaster, Fender Telecaster, Gibson SG, and Gibson Les Paul continue to be the four most-popular guitar models in the world.

Exponents of the heavier metal genres, including thrash metal, black metal, death metal, and other forms of extreme metal, usually prefer ESP, BC Rich, Jackson, and Dean. Among these, ESP and BC Rich are more well known, especially the models used by Kerry King, James Hetfield, Kirk Hammett, Jeff Hanneman, and Chuck Schuldiner. Moreover, BC Rich also has some of the most-unique shapes, including the Warlock, Mockingbird, and Warbeast. Similarly, Dave Mustaine often uses a Dean Flying V; other artists signed to Dean are Michal Amott, Karl Sanders, Dave Vincent, Dimebag Darrell, and Michael Angelo Batio.

All these brands and their different models vary in make, weight, look, controls, fretboard, and the sound they produce. So, before deciding on which one to buy, talk to your fellow guitarists, and do a bit of research. You wouldn’t want to end up with a product you don’t want because, in many cases, the guitar decides your signature sound!
Electric Guitar Market: Recent Trends & Growth Drivers, 2023-2030
The electric guitar market was USD 4,637.1 million (E) in 2023, and it is expected to reach USD 7,155.8 million by 2030, with a CAGR of 6.4% during 2023–2030.
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