Guitar Amplifier Market Size, Share, Growth, and Industry Analysis by Type (Head Amplifiers and Combo Amplifiers) By Application (Household and Commercial), Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2022 To 2030

Updated On: 11 September 2023

guitar amplifier market REPORT OVERVIEW

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The global guitar amplifier market size is expected to grow from USD 126 Million in 2022 to USD 153.1 Million by 2028, at a Compound Annual Growth Rate (CAGR) of 3.3% from 2022 to 2028.

Guitar amplifiers come in a broad variety of sizes and power ratings, from compact, lightweight "practice amplifiers" with a single 6" speaker to bulky combo amps with four 10" or four 12" speakers and a strong amplifier that are loud enough to be used during a performance in a nightclub or bar.

In order to produce sound through one or more loudspeakers, which are typically housed in a wooden cabinet, a guitar amplifier (also known as a guitar amp) is an electronic device or system that strengthens the weak electrical signal from a pickup on an electric guitar, bass guitar, or acoustic guitar. A guitar amplifier can be a standalone wood or metal cabinet that only houses the power amplifier (and preamplifier) circuits, necessitating the use of a separate speaker cabinet. Alternatively, a guitar amplifier can be a "combo" amplifier that houses both the amplifier and one or more speakers in a single wooden cabinet.

COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth

The consumer electronics industry has been severely impacted by COVID-19 and is expected to continue to do so, which will have negative effects on the availability of consumer electronics in the future. The guitar amplifier market growth is anticipated to slow down due to the impending supply chain issue. The COVID-19 pandemic's unanticipated expansion has had a substantial impact on almost all industries because it has restricted employees' capacity to carry out their regular activities.

LATEST TRENDS

"Increasing Adoption of Electronic Devices to Boost Market Growth"

The need for speakers that use audio amplifiers to improve sound quality and the rise in the use of sophisticated & power-efficient electronic devices are the two main factors driving the growth of the audio amplifier market. The market for amplifiers is hampered in its expansion by issues with excessive energy consumption and current leakage. The in-car infotainment market's rising popularity and increased IoT penetration present the best potential prospects for the guitar amplifier market.

guitar amplifier market Segmentation

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• By Type Analysis

As per the type, the market is classified as follows: Head Amplifiers and Combo Amplifiers.

• By Application Analysis

Based on application, the market is segmented as follows: Household and Commercial.

DRIVING FACTORS

"Technological Advancements to Facilitate Market Development"

The performance of Class D amplifiers was driven by automotive applications due to an increase in innovations across sophisticated and energy-efficient electronic goods. The Class D power amplifier has been controlled to give performance comparable to that of Class AB competitors while serving low-end applications. The "D" technology, which is employed by numerous electrical, automotive, and home automation systems, is a new advancement in the guitar amplifier market. It is utilized in low noise and high-power applications and can hold hundreds of watts of power effectively in electronic equipment.

"Increasing Demand for Equalizers to Promote Industry Progress"

Equalizer controls on guitar amplifiers work similarly to the bass and treble knobs on a home hi-fi stereo system in that they can emphasize or de-emphasize specific frequencies as well as add electronic effects. Reverb and distortion, also known as "overdrive," are frequently included as built-in features. Modern guitar amplifiers have a 1/4" jack for the input, which is fed by a patch cord, a wireless transmitter, or a signal from an electro-magnetic pickup (from an electric guitar) or a piezoelectric pickup (often from an acoustic guitar). Electric guitar players' characteristic tone or sound is greatly influenced by the guitar amp they use and the settings they apply to the amplifier.

RESTRAINING FACTORS

"Significant Price Gap to Hinder Market Growth"

The demand for high power RF amplifiers may be constrained by a lack of qualified technicians and the substantial investment necessary to upgrade the wireless network infrastructure.

guitar amplifier market REGIONAL INSIGHTS

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"Presence of Prominent Players to Propel Market Progress in North America"

There is no denying that North America, and particularly the U.S., will continue to play a significant role. Changes made by the U.S. may have an impact on how guitar amplifiers develop. Over the course of the projected period, the North American market is anticipated to expand significantly. Due to the widespread use of cutting-edge technology and the presence of major competitors in this area, the market is projected to have plenty of room for expansion.

According to projections, the guitar amplifier market share would develop at the fastest rate in Asia-Pacific. The rising disposable income of consumers in the region, rising consumer electronics device usage, booming infrastructure, and rising technological innovation in the region are some of the reasons driving the expansion of the guitar amplifier market, which has had the largest increase.

KEY MARKET PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.   

List of Market Players Profiled

• Fender (U.S.)
• Marshall (U.K.)
• Blackstar (U.K.)
• Hughes & Kettner (Germany)
• Orange (France)
• Vox (U.S.)
• Peavey (U.S.)
• Roland (Japan)
• Laney (England)
• Yamaha (Japan)
• PRS (U.S.)
• Mesa (U.S.)
• Fishman (U.S.)
• Music Group (Netherlands)
• Johnson (U.S.)

REPORT COVERAGE

The report covers overall market aspects, including market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.