Guitar Market to Grow by USD 1.84 Billion from 2024-2028, Driven by Rising Popularity of Music Leisure Activities, AI's Role in Shaping the Market - Technavio Report [Yahoo! Finance]
YAMAHA CORP S/ADR (YAMCY)
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Source: Yahoo! Finance
The market is estimated to grow at a CAGR of over 7.02% during the forecast period. Growing popularity of music-related leisure activities is driving market growth, with a trend towards growing online retailing . However, long replacement cycle of guitars poses a challenge. Key market players include Armadillo Enterprises Inc., Astha Guitars, B.C. Rich LLC, C. F. Martin and Co. Inc., CorTek Corp., Fender Musical Instruments Corp., G and L Musical Instruments, Gibson Brands Inc., Godin Guitars, HOSHINO GAKKI Co. Ltd., Karl Hofner GmbH and Co. KG, Kiesel Guitars, Paul Reed Smith Guitars, Rickenbacker International Corp., Roland Corp., Schecter Guitar Research Inc., TAKAMINE GAKKI CO. LTD., Taylor Listug Inc., The ESP Guitar Co., and Yamaha Corp.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Forecast period Base Year Historic Data Segment Covered Type (A
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