Guitar Amplifiers Market Scope
The guitar amplifiers are the electronic systems or devices which help in strengthening the electrical signals from the guitars of a variety of types i.e. electrical guitar, acoustic guitar, bass guitar, and many others. These amplifiers help users to improve sound quality and produce sounds through one or more loudspeakers at a time. These amplifiers can be wood or metal cabinet which contains only the power amplifier circuits and some smart tools to improve the sound quality. Over the past few decades, the global guitar amplifiers will show lucrative growth with rising emphasis on coaching and learning guitar in colleges and schools. However, the availability of digital musical equipment might stagnate the demand for guitar amplifiers across the globe.
According to AMA, the Global Guitar Amplifiers market is expected to see growth rate of 6.6% Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Guitar Amplifiers market throughout the predicted period.
Yamaha Corporation (Japan), Roland Corporation (Japan), Marshall Amplification (United Kingdom), Ampeg (United States), Blackstar Amplification (United Kingdom), Behringer (Germany), Fender Musical Instruments Corporation (United States), Korg Inc. (Japan), Hughes & Kettner (Germany), Johnson & Johnson (United States), Orange S.A. (France) and Laney Amplification (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are L. Fishman & Son, Inc. (United States), Rivera Amplification (United States), Mesa Boogie (United States), Acoustic, L.P. (United States), Randall Amplifiers (United States), VOX Amplification Ltd (United States), Peavey Electronics Corporation (United States) and Music Tribe (Philipines).
Segmentation Overview
The study have segmented the market of Global Guitar Amplifiers market by Type (Head Amplifiers and Combo Amplifiers), by Application (Acoustic Guitar, Electric Guitar and Bass Guitar) and Region with country level break-up.
On the basis of geography, the market of Guitar Amplifiers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Research and Development in Enhancing the Sound Quality with the Help of Smart Musical Components Like Guitar Amplifiers and Growing Adoption of Tonewoods in Guitar Industry
Market Growth Drivers:
Growing Importance of Music and Respective Tools across the Globe and Rising Emphasis on Learning and Growing Music Coaching in Colleges and Schools
Challenges:
Availability of Similar Substitute Products and Lack of Demand from the Household Sector and Market not Concentrated to the Overall Population
Restraints:
Increasing Demand for DIgital Sound Systems and Sound Producing Equipments and Lack of Awareness about Musical Equipment from Underdeveloped Regions
Opportunities:
Comparatively Higher Demand from the European and Asian Countries and Introduction to Bluetooth Speakers which can Easily INcorporate with the COnventional Guitars
Market Leaders and their Expansionary Development Strategies
In December 2019, Audio Media Research the company originally founded by Hartley Peavey as a research and development branch of Peavey Electronics, announced the acquisition of the ReValver guitar amplifier modeling software line from Peavey Electronics. AMR is now a stand-alone entity focused on audio software and digital signal processing for the music creation market, specializing in sound emulation with tube, circuit and component level modeling.
In October , 2019, BOSS has introduced the Katana MkII Guitar Amplifier product line which incorporate the next generation Katana amp series. Katana amps are globally well known for authentic tube tone and feel, onboard BOSS effects, and easy sound customization. and The Katana MkII lineup includes three combo amplifiers and an amplifier head. The 50-watt Katana50 MkII and 100-watt Katana-100 MkII are each equipped with a custom 12-inch speaker, while the 100-watt Katana-100/212 MkII has two custom 12-inch speakers. The 100-watt Katana-Head MkII can be connected to any external 8-ohm or a 16-ohm guitar cabinet, and also includes an integrated 5-inch monitor speaker for tone preview and practice.
Key Target Audience
Guitar Amplifiers Manufacturers, Guitar Amplifiers Distributors and Suppliers, Upstream and Downstream Buyers, Research and Development Institutes, Electronic and Electrical Industry Associations, Government Agencies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.