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An effects or pedal is an electronic or digital device that alters how a musical instrument or other audio source sounds.
Due to the COVID-19 pandemic, the global Guitar Effects market size is estimated to be worth US$ 267 million in 2021 and is forecast to a readjusted size of US$ 324.7 million by 2028 with a CAGR of 2.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Guitar Effects market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Guitar Effects landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The production of guitar effects are concentrated. Top 10 manufactures accounted for over 80% market share in 2019, including BOSS, Digitech,Line 6, Behringer, etc.
The consumption volume of Guitar Effects is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Guitar Effects industry may not keep that fast. But it is surely forecasted that the market of Guitar Effects is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Although the market competition of Guitar Effects is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Guitar Effects and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
This report focuses on Guitar Effects volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Guitar Effects market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Guitar Effects Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single Effect
Multi Effect
Segment by Application
Acoustic Guitars
Electric Guitars
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
BOSS
Digitech
Line 6
Behringer
Electro-Harmonix
ZOOM Corporation
Korg
Dunlop Manufacturing, Inc
Fulltone
Chase Bliss Audio
EarthQuaker Devices
Ibanez
Hotone
Due to the COVID-19 pandemic, the global Guitar Effects market size is estimated to be worth US$ 267 million in 2021 and is forecast to a readjusted size of US$ 324.7 million by 2028 with a CAGR of 2.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Guitar Effects market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Guitar Effects landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The production of guitar effects are concentrated. Top 10 manufactures accounted for over 80% market share in 2019, including BOSS, Digitech,Line 6, Behringer, etc.
The consumption volume of Guitar Effects is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Guitar Effects industry may not keep that fast. But it is surely forecasted that the market of Guitar Effects is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Although the market competition of Guitar Effects is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Guitar Effects and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
This report focuses on Guitar Effects volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Guitar Effects market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Guitar Effects Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single Effect
Multi Effect
Segment by Application
Acoustic Guitars
Electric Guitars
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
BOSS
Digitech
Line 6
Behringer
Electro-Harmonix
ZOOM Corporation
Korg
Dunlop Manufacturing, Inc
Fulltone
Chase Bliss Audio
EarthQuaker Devices
Ibanez
Hotone
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
