Electric Guitars Market To Expand Industry Growth At USD 7.62 Billion By 2030
San Francisco, 13 Sep 2022: The Report Electric Guitars Market Size, Share & Trends Analysis Report By Product (Solid Body, Semi-hollow Body, Hollow Body, Accessories), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2030 The global electric guitars market size is expected to reach USD 7.62 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2022 to 2030. Increasing interest in the realm of music shown by the millennials is one of the important factors driving the market. Furthermore, a rise in the number of concerts by popular pop artists and rock bands is increasing the demand for electric guitars worldwide. Mass commercialization of upcoming bands and their live concerts result in huge financial incentives for artists as well as record labels, which, in turn, boosts more performances across various regions. Music has become an important part o...