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What is the percentage of electric acoustic guitars in the North American guitar market? What is the size of the market for electric acoustic guitars?

April 26, 2017acoustic American electric guitar guitars market north PERCENTAGE size

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What is the percentage of electric acoustic guitars in the North American guitar market? What is the size of the market for electric acoustic guitars?

1 Answer

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10 Posted

• A13:Electric acoustic guitars account for about 40% of the acoustic guitar market in North America. The total market size is about 650,000 units annually. We believe the ratio of electric acoustic guitars will continue to rise. Since our share of the market is currently not high, we believe there will be ample opportunity for expanding our sales.