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However, the free musical instrument apps and software are easily available on Smartphone’s and other computer devices. An increase in the number of musical bands of various genres ranging from pop to rock and metal to electronic in the recent years have led to increase of guitar purchase division worldwide. While some feature a specific genre, others span across a variety ranging from country to hip hop to electronic to alternative. In 2018, there were more than 800 music festivals in the U.S. alone.
SCHECTER STRATEGY GUITAR DRIVER
The rapidly increasing number of concerts and live performances is a major driver for the growth of the global guitar market. Some major key players for Global Guitar Market are, On the basis of country level, market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc. The regions covered in this guitar market report are North America, Europe, Asia-Pacific and Rest of the World. Based upon application, global guitar is classified into Online Retail and Offline Retail. Based upon number of strings, global guitar is classified into Six strings, Eight strings, Twelve strings and others. Based on type, global guitar market is classified as the Acoustic guitars, Electric guitars and Solar guitars. Global Guitar Market report is segmented on the basis of type, Number of Strings, applications, and by regional & country level. Electric guitars use an amplifier and a loudspeaker that both makes the sound of the instrument loud enough for the performers and audience to hear and given that it produces an electric signal when played, that can electronically manipulate and shape the tone using an equalizer such as bass and treble tone controls and a huge variety of electronic effects units the most commonly used ones being distortion overdrive and reverb. Guitars are used in many different genres of music, such as traditional, regional, and folk to modern punk, rock, metal or pop. Additionally, the guitars are used as rhythm instruments, lead instruments, and sometimes both. The guitar is a fretted musical instrument that usually has six strings. Increasing popularity of musical events and festivals, popularity of guitar and growing participation of people into music are some key factors that are expected to boost the growth of guitar market over forecast period. Global Guitar Market is valued at USD 432.34 Million in 2019 and expected to reach USD 503.48 Million by 2026 with the CAGR of 2.20% over the forecast period.