GITNUX MARKETDATA REPORT 2024

Must-Know Guitar Statistics [Recent Analysis]

Highlights: Guitar Statistics

  • Approximately 3.1 million acoustic guitars were sold in the United States in 2020.
  • The global guitar market size was valued at USD 2.7 billion in 2020.
  • The electric guitar segment accounted for around 30% of the global guitar market in 2020.
  • Approximately 55% of people who picked up a new hobby during the COVID-19 pandemic chose to learn guitar.
  • It is estimated that there are over 50 million active guitar players in the world.
  • The top 3 guitar manufacturers – Gibson, Fender, and Taylor – accounted for over 40% of the global guitar market in 2020.
  • Fender claims that 54% of all new guitars sold in the United States are purchased by first-time players.
  • Over 2.3 million guitars were sold in the United States between January and May 2020, which is a 9% increase from the same period in 2019.
  • Melodies played on a guitar can range across four octaves.
  • The average price of an electric guitar in 2019 was $758.
  • The United States imported about 1.4 million electric guitars in 2018.
  • In 2020, over 66% of searched guitar-related terms on Google were related to learning to play the guitar.
  • The largest playable guitar in the world measures 43 feet and 7.5 inches long and 16 feet wide.
  • The record for playing the guitar in the longest marathon stands at 114 hours and 6 minutes.
  • An estimated 75% of guitar players are self-taught.
  • Nearly 28% of guitar beginners are under the age of 18, while 25% are ages 18-24, and around 40% are older than 24.
  • The demand for used guitars has grown significantly in recent years, with the market value estimated at between $1-2 billion in the United States.

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Guitar playing has been a popular pastime for centuries, and the statistics surrounding it are just as impressive. From the 3.1 million acoustic guitars sold in the United States in 2020 to over 50 million active guitar players worldwide, there is no denying that this beloved instrument continues to be an integral part of our culture today. The global guitar market size was valued at USD 2.7 billion in 2020 with electric guitars accounting for around 30% of sales while Gibson, Fender and Taylor accounted for over 40%. During COVID-19 lockdowns many people chose learning guitar as their new hobby – 55% according to one survey – but only 20% will stick with it beyond a year due to its difficulty level. Melodies played on a guitar can range across four octaves and prices vary from $758 average price of an electric model up to $2.7 million paid for “The Reach Out To Asia Guitar”. Finally, used guitars have become increasingly sought after recently with estimates placing their total value between 1-2 billion dollars in US alone.

The Most Important Statistics
Approximately 3.1 million acoustic guitars were sold in the United States in 2020.

This statistic is a testament to the enduring popularity of the acoustic guitar. It shows that despite the ever-changing landscape of music, the acoustic guitar remains a staple instrument for many musicians. This statistic is a reminder of the timelessness of the acoustic guitar and its ability to captivate audiences of all ages.

The global guitar market size was valued at USD 2.7 billion in 2020.

This statistic is a testament to the immense popularity of the guitar, as it demonstrates the sheer size of the global guitar market. It is a clear indication that the guitar is a beloved instrument across the world, and its popularity is only growing. This statistic is an important piece of information for any blog post about guitar statistics, as it provides a snapshot of the current state of the guitar market.

Guitar Statistics Overview

The electric guitar segment accounted for around 30% of the global guitar market in 2020.

This statistic is a testament to the enduring popularity of the electric guitar. It shows that despite the emergence of new technologies and instruments, the electric guitar remains a staple of the guitar market. This statistic is a reminder of the electric guitar’s staying power and its ability to remain relevant in the modern music landscape.

Approximately 55% of people who picked up a new hobby during the COVID-19 pandemic chose to learn guitar.

This statistic is a telling indication of the impact the COVID-19 pandemic has had on people’s interests and hobbies. It shows that guitar has become a popular choice for those looking to pick up a new hobby during this time, and could be a reflection of the increased accessibility of guitar lessons and resources online. This statistic is an important piece of information for a blog post about guitar statistics, as it provides insight into the current trends in guitar playing.

It is estimated that there are over 50 million active guitar players in the world.

This statistic is a testament to the immense popularity of the guitar as an instrument. It speaks to the sheer number of people who have taken up the guitar and are actively playing it, making it one of the most widely played instruments in the world. This statistic is a powerful reminder of the guitar’s enduring appeal and its ability to bring joy to millions of people.

The top 3 guitar manufacturers – Gibson, Fender, and Taylor – accounted for over 40% of the global guitar market in 2020.

This statistic is a testament to the immense popularity of the top 3 guitar manufacturers – Gibson, Fender, and Taylor – in the global guitar market. It highlights the fact that these brands have been able to capture a significant portion of the market share, indicating their strong presence in the industry. This is an important insight for anyone interested in the guitar market, as it provides a clear indication of the current trends and the most successful brands.

Fender claims that 54% of all new guitars sold in the United States are purchased by first-time players.

This statistic is a telling indication of the growing popularity of guitar playing in the United States. It suggests that more and more people are taking up the instrument, and that the guitar is becoming an increasingly accessible and popular instrument. This is an important point to consider when discussing the state of the guitar industry, as it shows that the instrument is still relevant and in demand.

Over 2.3 million guitars were sold in the United States between January and May 2020, which is a 9% increase from the same period in 2019.

This statistic is a testament to the enduring popularity of guitars in the United States. Despite the economic downturn caused by the COVID-19 pandemic, the demand for guitars has remained strong, with a 9% increase in sales from the same period in 2019. This is a clear indication that guitars are still a beloved instrument for many Americans.

Melodies played on a guitar can range across four octaves.

The fact that melodies played on a guitar can span four octaves is a testament to the instrument’s versatility and range. It’s no wonder that the guitar is one of the most popular instruments in the world, as it can be used to create a wide variety of sounds and styles. This statistic is a reminder of the guitar’s immense potential and its ability to bring joy to millions of people around the world.

The average price of an electric guitar in 2019 was $758.

This statistic is a valuable insight into the current market value of electric guitars, providing readers with an understanding of the average cost of an electric guitar in 2019. This information can be used to compare prices of different models and brands, helping readers make informed decisions when purchasing an electric guitar.

The United States imported about 1.4 million electric guitars in 2018.

This statistic is a testament to the enduring popularity of the electric guitar in the United States. It shows that despite the rise of other instruments, the electric guitar remains a staple of American music. This statistic is a reminder of the impact the electric guitar has had on the music industry and its influence on generations of musicians.

In 2020, over 66% of searched guitar-related terms on Google were related to learning to play the guitar.

This statistic is a telling indication of the current state of the guitar industry. It suggests that the majority of people searching for guitar-related terms are looking to learn how to play the instrument, rather than purchase one or research its history. This could be indicative of a growing interest in the instrument, and could be a great opportunity for guitar-related businesses to capitalize on.

The largest playable guitar in the world measures 43 feet and 7.5 inches long and 16 feet wide.

This statistic is a testament to the sheer size of the guitar-playing community. It shows that guitarists are passionate about their craft and willing to go to great lengths to make their instrument as big and impressive as possible. It also speaks to the dedication of the guitar-playing community, as it takes a lot of time and effort to build such a large instrument. This statistic is a reminder that guitarists are a creative and dedicated bunch, and that they are willing to go the extra mile to make their instrument as impressive as possible.

The most expensive guitar ever sold was a Fender Stratocaster played by multiple legends, known as “The Reach Out To Asia Guitar,” selling for $2.7 million.

This statistic serves as a testament to the power of the guitar and its ability to transcend time and culture. It speaks to the fact that the instrument has been used by some of the greatest musicians of all time, and that its value is still appreciated today. It also serves as a reminder of the importance of music in our lives, and how it can bring people together in times of need, as evidenced by the sale of the guitar to benefit the victims of the 2004 Indian Ocean tsunami.

The record for playing the guitar in the longest marathon stands at 114 hours and 6 minutes.

This statistic serves as a testament to the dedication and passion of guitarists everywhere. It is a reminder that with enough hard work and dedication, anything is possible. It is a source of inspiration for aspiring guitarists, showing them that with enough practice and perseverance, they too can achieve greatness. It is a reminder that the guitar is an instrument that can be used to create beautiful music and that it is a skill that can be mastered with enough dedication.

An estimated 75% of guitar players are self-taught.

This statistic is a testament to the power of self-motivation and dedication. It speaks to the potential of anyone who is willing to put in the time and effort to learn an instrument. It also shows that the guitar is an accessible instrument, as the majority of players have taught themselves. This statistic is an inspiring reminder that anyone can learn to play the guitar, regardless of their background or experience.

Nearly 28% of guitar beginners are under the age of 18, while 25% are ages 18-24, and around 40% are older than 24.

This statistic is significant in the context of a blog post about Guitar Statistics because it provides insight into the demographics of guitar beginners. It reveals that a large portion of guitar beginners are young, with nearly 28% being under the age of 18 and 25% being between 18 and 24. This indicates that the guitar is still a popular instrument among young people, and that it is likely to remain popular in the future. Additionally, the statistic also shows that guitar playing is not limited to the young, as 40% of guitar beginners are older than 24. This suggests that guitar playing is an activity that can be enjoyed by people of all ages.

The demand for used guitars has grown significantly in recent years, with the market value estimated at between $1-2 billion in the United States.

This statistic is a testament to the enduring popularity of guitars, and the growing demand for them. It speaks to the fact that guitars are not only a beloved instrument, but also a valuable asset. This statistic is a great starting point for a blog post about guitar statistics, as it provides a snapshot of the current state of the guitar market. It can be used to explore the reasons behind the growth in demand, and to examine the potential for further growth in the future.

Conclusion

The guitar industry is booming, with the global market size estimated at USD 2.7 billion in 2020 and over 3 million acoustic guitars sold in the United States alone that same year. Electric guitars accounted for around 30% of this market share, while Gibson, Fender, and Taylor were responsible for more than 40%. The demand for used guitars has also grown significantly in recent years to an estimated $1-2 billion within the US.

COVID-19 has had a major impact on guitar sales as well; approximately 55% of people who picked up a new hobby during lockdown chose to learn how to play guitar. This surge can be attributed not only to its accessibility but also due to its wide range of melodies across four octaves and various genres such as rock which 43% identify as their primary style of music. Despite these figures however, it is still estimated that 80% will quit within one year due mainly because they lack proper guidance or resources when starting out – something which could easily be remedied by seeking professional help from experienced teachers or online courses available today.

References

0. – https://www.edition.cnn.com

1. – https://www.statista.com

2. – https://www.guitar.com

3. – https://www.marketplace.org

4. – https://www.businesswire.com

5. – https://www.guitarworld.com

6. – https://www.musiciantuts.com

7. – https://www.premierguitar.com

8. – https://www.cnbc.com

9. – https://www.guinnessworldrecords.com

10. – https://www.musicradar.com

11. – https://www.guitarlessons.org

12. – https://www.hub.yamaha.com

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FAQs

What is the average number of strings on a standard guitar?

6

What percentage of guitar players are self-taught?

Approximately 80%

What is the most common type of guitar played by beginners?

Acoustic guitar

On average, how long does it take for a beginner to learn basic chords and strumming patterns?

4 to 6 weeks

What fraction of people who start learning guitar eventually become proficient players?

Approximately 1/3 or 33%

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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