Acoustic & Electric Guitar Report discusses challenges, innovations, new technical approaches & market dynamics in the guitar industry. This involves solving challenges related to noise reduction, electric strings, guitar body, pickup system and durability. The report will also take us through the startups, companies, global trends, collaborations & acquisitions in the area.
The guitar is a splendid musical instrument and is in use since times immemorial. Guitar has brought a revolution in the music industry. With change in the taste of music globally, a lot of modifications in the guitar design are taking place. The traditional guitar has typically six strings and fretting with the fingers produce music.
Electric guitars came into existence in the 1930s and the music industry changed forever. The electric guitar uses an amplifier and a loudspeaker to boost up the sound produced. The electric signal that is produced can be manipulated given that it produces an electric signal when played. Innovations are made in the amplifying system, to reshape the tone. The use of an equalizer and a wide variety of electronic effect units are coming up with emerging technologies.
The most commonly used ones being distortion and reverb to give sound effects. The increasing popularity of musical events and festivals, and the growing participation of people are among some key factors that are driving the growth of the global guitar market.
Report on Challenges in Guitar Technology
Innovations in Electric Strings
We analyzed the most faced challenges associated with noise reduction for electric stringed instruments. The permanent magnet is built into the pickup, and when the strings vibrate, the magnetic flux passing through the coil inside the pickup changes. Thus the alternating current that is almost similar to the vibration of the strings is generated. Electromagnetic wave noise (noise) in space gets superimposed on AC signals, and noise reduction becomes an issue for electric stringed instruments.
Innovations In Noise Reduction
Signicent studied a patent by Teijin Limited that resolves the issue associated with noise reduction. Presently, the electric string instrument is provided on the body, a pickup unit that detects vibration of a metal string attached to the body. It then converts it into an electric signal.
An output electrode, a jack portion having a ground electrode and a pickup accommodating portion, and a pickup is electrically connected to the ground electrode. It is characterized by having a conductive fiber-containing resin layer arranged to cover at least a part of the inner surface of the accommodating portion.
Challenges With Guitar Body
Electric basses, electric guitars of conventional design consist of a body, preferably made of wood, to which a neck, likewise preferably made of wood, is screwed or glued. In case the body is made of one piece, the acoustic properties of the electric guitar can only be adapted structurally to a limited extent.
Electric Guitar With New Technical Approaches
Signicent studied a patent by BACHMAIER PETER that reveals information on the innovative body design of guitars. The central assembly part, upper and lower body part offers greater variability in the choice of materials. The central assembly part is preferably made of aluminum or CFRP and thus leads to different acoustic properties than when using conventional woods. The central mounting part of an Electric guitar consists of sufficiently stable material, preferably aluminum, and has a thickness of at least 5 mm and a maximum of 20 mm, preferably 12 mm.
Innovations In Body Design Of Guitar
Acoustic Resonance Enhancement is an original wood-reforming technology developed by Yamaha. A modified non-scalloped bracing design retains the L Series’ characteristic bright tone while enhancing its low-end tone. A re-evaluation of string spacing, string height, fingerboard binding, and the neck taper led to a distinct neck shape that better suits today’s traditional players, offering stable grip and smooth playability over the full length of the neck.
Emerging Technologies In Pickup System
The SRT Zero Impact pickup system is a passive pickup configuration designed to minimize the pickup’s impact on the tone and traditional appearance of the instrument. The system utilizes individual, Piezo-electric elements for each string to faithfully reproduce the dynamic sound of the L Series and give the instrument an outstanding presence when playing in a band.
Each year Signicent provides consultancy to hundreds of organizations to help transform their innovations to value.
The guitar report will shed light on the advancing and innovative technologies that are shaping up the guitar industry.
Advancing Technologies In Noise Reduction
Donner noise killer guitar effect pedal supports unwanted noise cancellation from the music. The Threshold knob allows you to adjust the levels between -70 to +10 DB. The product can be used in either Soft or Hard mode, and this is ideal for those that play different styles of music.
Innovations In Maintaining Durability
D’Addario XT strings combine durability and tone by giving life-extending treatments to the guitar body case. The extra-durable NY Steel core wire and Fusion twists into one string is one such life-enhancing method. It helps in ending the tradeoff between corrosion-resistant coatings and natural tone and playability. High carbon steel cores and popular alloys with an extended-life treatment on every string delivering enhanced break resistance, pitch stability, and long-lasting performance.
Report on Innovative Guitar Products
Fender’s American Ultra Series has launched new body contours with ultra noiseless pickups. The new eye-catching colors, and advanced electronics.
American Ultra instruments carry two types of innovative new noiseless pickups: Ultra Noiseless Vintage pickups deliver authentic Fender single-coil sound –you can launch your without hum. Ultra Noiseless Hot pickups offer modern performance and classic tone so amp into overdrive.
Report on Advanced Electronics in Guitar
All American Ultra guitars feature a treble-bleed circuit to preserve high-end response at any volume – plus advanced wiring options that activate different high-performance features depending on the model.
The American Ultra Series consists of seven models – Stratocaster, Stratocaster HSS, Telecaster, Precision Bass, Jazzmaster, Jazz Bass, and Jazz Bass V. Each instrument is manufactured at Fender’s factory in Corona, Calif.
In this section of the guitar report, we will take you through the market dynamics and global trends associated with the guitar industry.
Global Guitar Market Report
In this section of the guitar report, we will discuss the potential of the guitar industry.
The global Guitar Market is valued at USD 432.34 Million in 2019 and is expected to reach USD 503.48 Million by 2026 with a CAGR of 2.20%. The increasing popularity of musical events and festivals, and the growing participation of people are among some key factors that are driving the growth of the global guitar market.
An increase in the number of musical bands of various genres ranging from pop to rock, and metal to electronica in recent years has led to an increase in guitar purchase units worldwide. North America has the highest revenue generation percentage, and an increasing number of musical concerts and concepts across countries in the region, coupled with the robust presence of major manufacturers. Demand for guitars has been increasing in emerging economies such as India and China, where per-capita disposable income and spending capacity have been increasing among consumers.
Revenue by Geographical Split
In this section of the guitar report, we will discuss the future of the guitar industry with respect to various geographies and underline the factors responsible for the same.
North American Market has emerged as the leading region in terms of value followed by Asia Pacific regions.
In 2019, North America has the highest revenue generation percentage and an increasing number of musical concerts and concepts across countries in the region. This increasing music events and concerts in the region is expected to enhance the demand for guitar.
The Asia-Pacific (APAC) region is expected to witness the fastest growth during the forecast period in the guitar market. The growth in the region is attributed to the growing popularity of the guitar in countries such as India and China. In addition, an increase in the disposable income of consumers is leading to high demand for guitars in developing countries such as China and India.
Report on Some Major Players in the Guitar Market
In this section of the guitar report, we will discuss the strengthens, weaknesses, opportunities, and threats related to the guitar industry.
The market dynamics are changing massively. It is always advisable to do a SWOT analysis for a better understanding of the market. As the music industry is growing tremendously globally so is the market for guitar.
Strength: Increasing the disposable income of individuals in developing economies is allowing them to indulge in hobbies such as music. The rapidly increasing number of concerts and live performances is a major driver for the growth of the global guitar market.
Weakness: Free musical instrument apps and software are easily available on smartphones and other computer devices. Loss of Consumer Confidence amid COVID-19 Pandemic is another factor.
Threats: Growing usage of smartphone applications and easy accessibility and application can act as a major restraint to market growth. Users can create and customize their music with help of in-built features available in the programs/apps.
Opportunity: Constant development in smart guitars platforms is providing growth opportunities. Media & entertainment along with music are major industries providing lucrative growth opportunities.