Market Overview:
The global guitar pickup market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric guitars and rising popularity of blues and rock music. In addition, the growing number of music festivals and concerts is also propelling the demand for guitar pickups worldwide. The sound hole pickup segment is expected to hold a dominant position in the global guitar pickup market during the forecast period, owing to its low cost and easy installation. However, piezoelectric pickups are gaining traction due their high-quality sound reproduction capabilities and are expected to register highest CAGR during 2018-2030.
Product Definition:
The pickups on a guitar are responsible for taking the string vibrations and converting them into an electrical signal, which is then sent to your amplifier. The importance of pickups cannot be overstated - they are what turn your instrument into an electronic device, and allow you to produce sound.
Sound Hole Pickup:
Sound hole pickups are small magnetic devices that are placed in the body of guitars and other stringed instruments. They produce an electric current when a musical note is played, through the vibrations of the instrument's strings. The louder the playing,the more intense is sound hole pickup's signal amplification.
Piezoelectric Pickup:
Piezoelectric pickup is a transducer that converts vibration of string into electrical energy. Piezoelectric pickups are used in electric guitars for the conversion of vibrations into musical notes and vice versa. The most common application of piezo pickups is to convert the mechanical vibrations from a guitar string into an electrical signal, which can be amplified and sent to an amplifier or PA system for further processing.
Application Insights:
The commercial performance segment dominated the global pick-up market in 2017, accounting for more than 70.0% share of the overall revenue. The segment is expected to witness significant growth over the forecast period owing to rising demand from various application areas such as recording studios, live sound mixing and live event & festival stages across various regions including Asia Pacific and Middle East & Africa.
Recording studios are adopting innovative techniques for picking up electric guitars that allow greater flexibility in positioning microphones so it captures the right guitar tone without noise or feedback problems. Live sound mixing and live event & festival stages also adopt similar techniques to avoid feedback loops or unwanted sounds during performances which further boost product demand globally.
Household applications accounted for a significant share of 21% in 2017 owing to increasing adoption of acoustic guitars among beginners especially in India.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and players. The region is expected to maintain its dominance over the forecast period as well due to increasing awareness among people about music and guitars, along with high disposable income. Europe followed North America in terms of market share, in terms of revenue as well as volume sold. However, it is expected that Asia Pacific will grow at a faster rate from 2018 to 2030 due to growing popularity for western music there amongst young & old alike. Moreover, increasing disposable income levels coupled with rising adoption by corporate companies for various performances are some other factors driving growth across this region at a fast pace.
The demand within China was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for electric guitars from the youth population
- Rising income levels of the middle-class population in developing countries
- Proliferation of music education programs in schools and colleges
- Growing popularity of guitar-centric genres of music such as metal, blues, and country
- Advances in pickup technology that deliver better sound quality
Scope Of The Report
Report Attributes
Report Details
Report Title
(Guitar)Pick-Up Market Research Report
By Type
Sound Hole Pickup, Piezoelectric Pickup
By Application
Household, Commercial Performance
By Companies
Fishman, Taylor Guitars, YAMAHA, Roland Corporation, Shadow Electronics, L.R. Baggs, Krivo Pickups, DiMarzio,Inc., Sunrise Pickups, SKYSONIC
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global (Guitar)Pick-Up Market Report Segments:
The global (Guitar)Pick-Up market is segmented on the basis of:
Types
Sound Hole Pickup, Piezoelectric Pickup
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
Household, Commercial Performance
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:
- Fishman
- Taylor Guitars
- YAMAHA
- Roland Corporation
- Shadow Electronics
- L.R. Baggs
- Krivo Pickups
- DiMarzio,Inc.
- Sunrise Pickups
- SKYSONIC
Highlights of The (Guitar)Pick-Up 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:
- Sound Hole Pickup
- Piezoelectric Pickup
- By Application:
- Household
- Commercial Performance
- 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)Pick-Up 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?
Pick-up is the term used for a guitar that has been modified to allow it to be played with a single hand.
Some of the major companies in the (guitar)pick-up market are Fishman, Taylor Guitars, YAMAHA, Roland Corporation, Shadow Electronics, L.R. Baggs, Krivo Pickups, DiMarzio,Inc., Sunrise Pickups, SKYSONIC.
The (guitar)pick-up market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 (Guitar)Pick-Up 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)Pick-Up Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 (Guitar)Pick-Up 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)Pick-Up 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)Pick-Up Market Size & Forecast, 2020-2028 4.5.1 (Guitar)Pick-Up Market Size and Y-o-Y Growth 4.5.2 (Guitar)Pick-Up Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Sound Hole Pickup
5.2.2 Piezoelectric Pickup
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial Performance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global (Guitar)Pick-Up 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)Pick-Up 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Sound Hole Pickup
9.6.2 Piezoelectric Pickup
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial Performance
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Sound Hole Pickup
10.6.2 Piezoelectric Pickup
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial Performance
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Sound Hole Pickup
11.6.2 Piezoelectric Pickup
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial Performance
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Sound Hole Pickup
12.6.2 Piezoelectric Pickup
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial Performance
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Sound Hole Pickup
13.6.2 Piezoelectric Pickup
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial Performance
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)Pick-Up Market: Competitive Dashboard
14.2 Global (Guitar)Pick-Up Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fishman
14.3.2 Taylor Guitars
14.3.3 YAMAHA
14.3.4 Roland Corporation
14.3.5 Shadow Electronics
14.3.6 L.R. Baggs
14.3.7 Krivo Pickups
14.3.8 DiMarzio,Inc.
14.3.9 Sunrise Pickups
14.3.10 SKYSONIC