Market Overview:
The global electric bass market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric bass guitars from professional and amateur musicians alike. Additionally, the growing popularity of genres such as metal, blues, and jazz is also contributing to the growth of this market. The 4-string electric bass guitar segment is expected to dominate the global electric bass guitar market during the forecast period owing to its low price point and easy portability. However, with more artists incorporating 6-string electric bass guitars into their music repertoire, this segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
Electric Bass is a type of musical instrument that uses electricity to produce sound. It is similar to an acoustic bass guitar, but has a longer neck and scale length, and typically four strings. Electric Bass is important because it provides the low end for most types of music.
4-String:
4-String is a bass guitar that uses four strings. The most common types of 4-string are Jazz Bass, Rockabilly Bass and Metal / Hard Rock Bass. The growth factor in the global electric bass market is high due to increasing demand for rock music and metal which has led to an increase in sales of electric guitars as well as basses.
5-String:
The 5-String is the lowest pitched instrument in a guitar, bass or ukulele lineup. It has five strings and provides lower pitch than 4-String and 6-String instruments. The most common types of 5-Strings are guitars, electric basses and mandolins.
Guitars with five strings are used by both professional musicians as well as hobbyists to play different musical genres such as classical music, metal or rock music.
Application Insights:
The professional segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing demand for electric bass guitars in recording and live performances by various rock, metal, punk and other genre bands. Professional players prefer more expensive instruments as they are better quality and produce clearer sound compared to their cheaper counterparts. Amateurs also prefer basses with different design features such as single-coil pickups, active electronics, floating tremolo system, etc., which provide greater comfort while playing owing to a more stable platform for slapping and fingerpicking notes on the fretboard.
Regional Analysis:
North America dominated the global electric bass market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major manufacturers such as Ibanez, Yamaha, and ESP that have been consistently innovating and developing high-quality instruments for decades. The region has also witnessed an increase in demand for live performances by bands and musicians owing to its flourishing music industry which has led to an increase in preference for these instruments among amateurs as well as professionals alike.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding musical instruments among consumers, along with rising interest from established international manufacturers who are looking at expanding their business into this region. Furthermore, countries such as China and Japan are considered ideal markets due to their large population coupled with growing disposable income levels which will lead them eventually becoming lucrative markets for global electric bass sales over the next few years.
Growth Factors:
- Increasing demand for electric bass in the music industry
- Rising popularity of bass-centric music genres
- Growing number of professional bass players and enthusiasts
- Technological advancements in electric bass design and manufacturing
- Proliferation of online resources and learning platforms for aspiring bassists
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Bass Market Research Report
By Type
4-String, 5-String, 6-String
By Application
Professional, Amateur
By Companies
Harley Benton, Marcus Miller, Fender, Lakland Skyline, Sandberg, Sadowsky, Cort, ESP, Gibson, Harley Benton
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Electric Bass Market Report Segments:
The global Electric Bass market is segmented on the basis of:
Types
4-String, 5-String, 6-String
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Professional, Amateur
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harley Benton
- Marcus Miller
- Fender
- Lakland Skyline
- Sandberg
- Sadowsky
- Cort
- ESP
- Gibson
- Harley Benton
Highlights of The Electric Bass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4-String
- 5-String
- 6-String
- By Application:
- Professional
- Amateur
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Bass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the major companies in the electric bass market are Harley Benton, Marcus Miller, Fender, Lakland Skyline, Sandberg, Sadowsky, Cort, ESP, Gibson, Harley Benton.
The electric bass market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Bass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Bass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Bass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Bass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Bass Market Size & Forecast, 2018-2028
4.5.1 Electric Bass Market Size and Y-o-Y Growth
4.5.2 Electric Bass Market Absolute $ Opportunity
Chapter 5 Global Electric Bass Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Bass Market Size Forecast by Type
5.2.1 4-String
5.2.2 5-String
5.2.3 6-String
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Bass Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Bass Market Size Forecast by Applications
6.2.1 Professional
6.2.2 Amateur
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Bass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Bass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Bass Analysis and Forecast
9.1 Introduction
9.2 North America Electric Bass Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Bass Market Size Forecast by Type
9.6.1 4-String
9.6.2 5-String
9.6.3 6-String
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Bass Market Size Forecast by Applications
9.10.1 Professional
9.10.2 Amateur
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Bass Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Bass Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Bass Market Size Forecast by Type
10.6.1 4-String
10.6.2 5-String
10.6.3 6-String
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Bass Market Size Forecast by Applications
10.10.1 Professional
10.10.2 Amateur
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Bass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Bass Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Bass Market Size Forecast by Type
11.6.1 4-String
11.6.2 5-String
11.6.3 6-String
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Bass Market Size Forecast by Applications
11.10.1 Professional
11.10.2 Amateur
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Bass Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Bass Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Bass Market Size Forecast by Type
12.6.1 4-String
12.6.2 5-String
12.6.3 6-String
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Bass Market Size Forecast by Applications
12.10.1 Professional
12.10.2 Amateur
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Bass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Bass Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Bass Market Size Forecast by Type
13.6.1 4-String
13.6.2 5-String
13.6.3 6-String
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Bass Market Size Forecast by Applications
13.10.1 Professional
13.10.2 Amateur
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Bass Market: Competitive Dashboard
14.2 Global Electric Bass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harley Benton
14.3.2 Marcus Miller
14.3.3 Fender
14.3.4 Lakland Skyline
14.3.5 Sandberg
14.3.6 Sadowsky
14.3.7 Cort
14.3.8 ESP
14.3.9 Gibson
14.3.10 Harley Benton
