Market Overview:
The global guitar effects pedals 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 factors such as the increasing demand for electric guitars and acoustic guitars, and rising popularity of music festivals. In addition, the growing trend of using multi-effects pedals is also contributing to the growth of this market. On the basis of type, single effects pedals accounted for a major share of the global guitar effects pedals market in 2017. This segment is expected to continue its dominance during the forecast period owing to its low cost and easy portability. However, multi-effects pedals are witnessing high growth rates due their ability to provide multiple effects in a single unit. These pedals are being increasingly used by professional musicians owing to their flexibility and wide range of features offered at an affordable price point. On the basis of application, acoustic guitars accounted for a majority share in 2017 and this trend is expected continue duringthe forecast period as well.
Product Definition:
A guitar effects pedal is a type of electronic effect that alters the sound of a electric guitar. Guitar effects pedals can be used to create various sounds, including distortion, delay, reverb and chorus. Some guitar effects pedals are designed to be used with certain types of guitars or amplifiers, while others are universal. Guitar effects pedals can be expensive, and some require batteries for power.
Single Effects Pedals:
Single effects pedals are also known as one-effect Pedals or unitary pedals. They contain only one effect, either analog or digital and they can be used with the guitars as well as keyboards. The single effect pedal market is expected to witness significant growth over the forecast period owing to its extensive use in rock music for both solo and rhythm guitar playing. Moreover, these devices have a broad application in many other musical genres such as metal, pop etc.
Multi Effects Pedals:
Multi effects pedals are used to obtain several musical effects by using different pedalboards. The first multi-effect pedal was manufactured in the early 70s, which was called “The Cry Baby”. Since then, these pedals have become an essential part of many musicians’ gear and have contributed to making music history.
These days there are various types of multi effect pedals available in the market with varied features and applications across all musical genres.
Application Insights:
The electric guitar application segment accounted for the largest share of more than 50.0% in 2017. The dominance is attributed to the rising popularity of electric guitars among rock, metal, blues and other similar music styles across various age groups and genders. Electric guitars are generally associated with a louder sound output compared to their acoustic counterparts as they have larger speakers attached with them. This has resulted in an increased demand for effects pedals that can modify the tone and sound of an electric guitar, thereby producing a better-sounding instrument within a limited budget available for instruments at large musical instrument retailers or online stores like Amazon.com Inc., Musician¢â‚¬â„¢s Friend and Guitar Center Incorporate (CIJ).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S.-based company, Ibanez guitars, has been manufacturing some of the world’s best electric guitar models since 1966. In addition to this, other manufacturers such as Yamaha Corporation; Gretsch Guitars Inc.; and Dean Guitar Corp., are also based in this region thereby making it a major hub for guitar effects pedals production as well as distribution.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing demand from countries such as Japan and India where musical instruments are widely adopted by both adults and kids alike due to their affordability coupled with high-quality standards associated with them. Furthermore, rising popularity for live concerts along with growing number of music festivals across various cities will drive demand further boosting growth prospects for these products over next eight years or so till 2030 AD (After Distribution).
Growth Factors:
- Increasing demand for guitar effects pedals from professional musicians and amateurs
- Rising popularity of rock and heavy metal music
- Technological advancements in guitar effects pedals manufacturing process
- Growing number of online music tutorials and classes
- Rising disposable income of the millennials
Scope Of The Report
Report Attributes
Report Details
Report Title
Guitar Effects Pedals Market Research Report
By Type
Single Effects Pedals, Multi Effects Pedals
By Application
Acoustic Guitars, Electric Guitars
By Companies
BOSS, Digitech, Line 6, Behringer, Electro-Harmonix, ZOOM Corporation, Korg, Dunlop Manufacturing, Inc, Fulltone, Chase Bliss Audio, BOSS, Ibanez, Hotone
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Guitar Effects Pedals Market Report Segments:
The global Guitar Effects Pedals market is segmented on the basis of:
Types
Single Effects Pedals, Multi Effects Pedals
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
Acoustic Guitars, Electric Guitars
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:
- BOSS
- Digitech
- Line 6
- Behringer
- Electro-Harmonix
- ZOOM Corporation
- Korg
- Dunlop Manufacturing, Inc
- Fulltone
- Chase Bliss Audio
- BOSS
- Ibanez
- Hotone
Highlights of The Guitar Effects Pedals 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:
- Single Effects Pedals
- Multi Effects Pedals
- By Application:
- Acoustic Guitars
- Electric Guitars
- 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 Guitar Effects Pedals 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?
Guitar Effects Pedals are a type of pedal that can be used with a guitar to change the sound of the instrument. They come in many different shapes and sizes, and can include effects like distortion, reverb, delay, modulation and more.
Some of the key players operating in the guitar effects pedals market are BOSS, Digitech, Line 6, Behringer, Electro-Harmonix, ZOOM Corporation, Korg, Dunlop Manufacturing, Inc, Fulltone, Chase Bliss Audio, BOSS, Ibanez, Hotone.
The guitar effects pedals 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 Guitar Effects Pedals 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 Guitar Effects Pedals Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Guitar Effects Pedals 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 Guitar Effects Pedals 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 Guitar Effects Pedals Market Size & Forecast, 2018-2028 4.5.1 Guitar Effects Pedals Market Size and Y-o-Y Growth 4.5.2 Guitar Effects Pedals Market Absolute $ Opportunity
Chapter 5 Global Guitar Effects Pedals 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 Guitar Effects Pedals Market Size Forecast by Type
5.2.1 Single Effects Pedals
5.2.2 Multi Effects Pedals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Guitar Effects Pedals 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 Guitar Effects Pedals Market Size Forecast by Applications
6.2.1 Acoustic Guitars
6.2.2 Electric Guitars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Guitar Effects Pedals 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 Guitar Effects Pedals 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 Guitar Effects Pedals Analysis and Forecast
9.1 Introduction
9.2 North America Guitar Effects Pedals 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 Guitar Effects Pedals Market Size Forecast by Type
9.6.1 Single Effects Pedals
9.6.2 Multi Effects Pedals
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 Guitar Effects Pedals Market Size Forecast by Applications
9.10.1 Acoustic Guitars
9.10.2 Electric Guitars
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 Guitar Effects Pedals Analysis and Forecast
10.1 Introduction
10.2 Europe Guitar Effects Pedals 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 Guitar Effects Pedals Market Size Forecast by Type
10.6.1 Single Effects Pedals
10.6.2 Multi Effects Pedals
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 Guitar Effects Pedals Market Size Forecast by Applications
10.10.1 Acoustic Guitars
10.10.2 Electric Guitars
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 Guitar Effects Pedals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Guitar Effects Pedals 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 Guitar Effects Pedals Market Size Forecast by Type
11.6.1 Single Effects Pedals
11.6.2 Multi Effects Pedals
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 Guitar Effects Pedals Market Size Forecast by Applications
11.10.1 Acoustic Guitars
11.10.2 Electric Guitars
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 Guitar Effects Pedals Analysis and Forecast
12.1 Introduction
12.2 Latin America Guitar Effects Pedals 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 Guitar Effects Pedals Market Size Forecast by Type
12.6.1 Single Effects Pedals
12.6.2 Multi Effects Pedals
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 Guitar Effects Pedals Market Size Forecast by Applications
12.10.1 Acoustic Guitars
12.10.2 Electric Guitars
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) Guitar Effects Pedals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Guitar Effects Pedals 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) Guitar Effects Pedals Market Size Forecast by Type
13.6.1 Single Effects Pedals
13.6.2 Multi Effects Pedals
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) Guitar Effects Pedals Market Size Forecast by Applications
13.10.1 Acoustic Guitars
13.10.2 Electric Guitars
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 Guitar Effects Pedals Market: Competitive Dashboard
14.2 Global Guitar Effects Pedals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BOSS
14.3.2 Digitech
14.3.3 Line 6
14.3.4 Behringer
14.3.5 Electro-Harmonix
14.3.6 ZOOM Corporation
14.3.7 Korg
14.3.8 Dunlop Manufacturing, Inc
14.3.9 Fulltone
14.3.10 Chase Bliss Audio
14.3.11 BOSS
14.3.12 Ibanez
14.3.13 Hotone