GITNUX MARKETDATA REPORT 2024

Electric Guitar Sales Statistics [Fresh Research]

Statistic 1

"In 2020, the revenue from electric guitar sales in the United States totaled approximately $493 million."

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Statistic 2

"In 2017, Fender Stratocaster was the top-selling electric guitar model in the United States, selling around 38,260 units."

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Statistic 3

"Online guitar sales accounted for approximately 37% of total guitar retail sales in 2019."

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Statistic 4

"In 2018, there were over 3 million electric guitars sold in the United States."

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Statistic 5

"In 2019, there were 1.33 million electric guitars sold in the United Kingdom."

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Statistic 6

"In 2017, 12% of electric guitars sold in the United States were under $300."

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Statistic 7

"The United States accounted for 34.6% of the global electric guitars market share in 2020."

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Statistic 8

"Europe’s electric guitar sales revenue was $211 million in 2019, ranking second in global market share."

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Statistic 9

"In 2019, China was the leading manufacturer and exporter of electric guitars, contributing to over 40% of total production."

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Statistic 10

"In 2019, the average price per unit of electric guitars sold reached $442 in the United States."

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Statistic 11

"The solid body style of electric guitars is the most popular among customers, accounting for about 80% of the market share in 2020."

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Statistic 12

"The electric guitar market in the Asia Pacific is projected to grow at the highest CAGR of 4.1% from 2021 to 2026."

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Statistic 13

"In 2019, approximately 17% of electric guitar buyers in the United States were female."

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Statistic 14

"In 2020, approximately 27% of all guitar players worldwide were electric guitar players."

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Statistic 15

"Fender and Gibson accounted for over 75% of electric guitar industry ad spending in 2019."

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