Guitar Market Size to Grow by USD 1.95 billion from 2023 to 2027, Analyzing market growth in Acoustic Segment, Technavio [Yahoo! Finance]
YAMAHA CORP S/ADR (YAMCY)
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Source: Yahoo! Finance
Its design amplifies string vibrations, projecting sound acoustically. While demand in developed nations like the UK and US is stable, developing countries like India and Brazil show increasing interest due to affordability and ease of learning, driving market growth. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report Request a sample report Market Report Coverage Details Page number Base year Historic period Forecast period Growth momentum & CAGR Accelerate at a CAGR of 7.75% Market growth 2023-2027 USD 1.95 billion Market structure Fragmented YoY growth 2022-2023(%) Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 43% Key countries US, Canada, China, Japan, and Germany Vendor Analysis Vendor Landscape - The global guitar market is fragmented, with the presence of several globa
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