Guitar Pedals Market Report 2023 (Global Edition)

Global Guitar Pedals Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Guitar Pedals Industry growth. Guitar Pedals market has been segmented with the help of its Type, Application Effects, and others. Guitar Pedals market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Guitar Pedals Market: Type Analysis

Based on types, the market is segmented into gain effects, compressors, Pitch Effects, Volume Pedals, Filter Effects, Time-Based Effects, and others. Every guitar player has their own unique preferences for sounds, but the distortion pedal held the largest market share, as it is preferred by most professional guitarists. Further, compressor padel held the second largest market share, as it is a dynamic effect pedal that smooths out the guitar signal highest and lowest volume levels to a much more consistent level.

• Gain Effects
• Compressors
• Pitch Effects
• Volume Pedals
• Filter Effects
• Time-Based Effects 
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Guitar Pedals Industry. Request a Free Sample PDF!

By Application, Professional musicians were the leading segment with a 71.43% Share of Guitar Pedals Market in 2021!

Based on Application, the market is segmented into professional musicians and amateurs. Professional musicians held the largest market share, due to their experience & knowledge about every sound effect. They often use different types of pedals to create different sounds for different songs and genres, and they may also use more expensive, high-end pedals that are designed for professional use. As a result, the professional guitarist segment is likely to have a higher market share for guitar pedals, as professional guitarists tend to purchase more pedals and they are willing to spend more money on them. On the other hand, amateurs may only use a few basic pedals to create the sounds they need and tend to purchase less expensive pedals that are designed for amateur use.

• Professional Musician
• Amateur
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Guitar Pedals market report 2023 Edition by contacting our team.

Guitar Pedals Effects Segment Analysis

In Terms of Revenue, Single effect pedals was the Leading segment with 57.43% Share of total Guitar Pedals Market in 2021.

Based on effects, the market is segmented into single-effect pedals and multi-effect pedals. Single-effect pedals held the largest market share in 2021. They are more appealing to musicians who are looking for a specific sound or effect, or who prefer the simplicity of a single-effect pedal. In short professional guitarists mostly prefer single-effect pedals, for the generation of particular sound effects. On the other hand, multi-effect pedals are expected to grow at a significant growth rate, as they combine multiple effects into one pedal, which allows guitarists to have access to a wider variety of sounds without having to purchase multiple pedals.

• Single effect pedals
• Multi-effect pedals
• By Applications
• Acoustic Guitars
• Electric Guitars

Guitar Pedals Distribution Channel Segment Analysis

Based on the distribution channel, the market is segmented into offline and online. The offline segment includes hypermarkets, retail stores, shopping malls, and other places, which held the largest market share in the year 2021. However, the online segment is expected to grow at a significant growth rate, owing to the increasing use of smartphones, and growing digitalization.

• Online
• Offline

North America Guitar Pedals Market held 34.89% of total market share in 2021!

North America held the largest market share in 2021, owing to the increasing disposable income and increasing interest in music and other entertainment activities. For instance, according to the U.S. Bureau of Labor Statistics, entertainment expenditures increased by 22.7 percent in 2021 compared to a decrease of 5.9 percent in 2020. People are spending money on the entertainment activities such as music concerts, music equipment, and others. Further, Asia Pacific is expected to be the fastest-growing region in the forecast period for the guitar pedals market. This is due to the changing lifestyle and awareness about entertainment sources. In countries like China, India, and South Korea, per capita income is increasing, and thereby the spending capacity also increasing, which is fuelling the growth of the guitar pedals market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

Guitar Pedals Industry News

• BOSS Introduced RE-202 AND RE-2 SPACE ECHO PEDALS (March 2022)

BOSS introduces the RE-202 and RE-2 Space Echo pedals, two new products based on the legendary Roland RE-201 Space Echo. RE-2 offers core Space Echo features in a classic BOSS compact pedal.

• BOSS Announced SL-2 SLICER, An Advanced Compact Pedal (November 2022)

BOSS announced the SL-2 Slicer, the latest addition to the compact pedal lineup. This original BOSS effect chops sound into unique percussive patterns—including many processed with internal filters and effects. SL-20 Slicer—a popular model from the legacy Twin Pedal series—the SL-2 provides expanded capabilities while shrinking the size to the pedalboard-friendly BOSS compact format.

• Cor-Tek Corporation announced its plans to create new products under the iconic pedal brands (April 2022)

Cort Guitars’ parent company, the Cor-Tek Corporation, has acquired the DigiTech and DOD pedal brands from Harman/Samsung. Cor-Tek builds its own instruments under the Cort banner, and also produces guitars for other brands such as Ibanez, Squier, Manson, and PRS, including the recent SE Silver Sky.

• Eventide launched the H90 multi-fx pedal with 62 effects including new algorithms (November 2022)

Eventide has launched its next-generation multi-effects unit, the H90 Harmonizer – a new-and-improved pedal that builds upon the solid foundations set by its predecessors and introduces new features.

• Cooper FX released cartridge-based multi-effects pedal, Arcades (April 2020)

Cooper FX has released a new multi-effects pedal, the Arcades. It features a screen and multi-purpose controls.

• Donner Launched the Feature-Packed Arena2000 Digital Multi-Effects Processor (November 2022)

Donner, a manufacturer of musical instruments, has introduced the new Arena2000 amp modeling and guitar multi-effects processor. Helping guitarists take their sound to new heights, the Arena2000 features Donner’s exclusive FVACM tone-processing technology (Forward Analog Virtual Circuit Modeling) at its core with an IR sample length of Arena2000 is up to 23.2ms, resulting in a tone with a greater dynamic range. Guitar Pedals Market Report Scope

Top Companies Market Share in Guitar Pedals Industry: (In no particular order of Rank)

• Boss
• Digitech
• Line 6
• Zoom
• Dunlop
• Keeley Electronics
• Korg
• TC Electronic
• Electro Harmonix
• Fulltone
• Chase Bliss Audio
• TC Helicon
• Ibanez
• Wuhan Kailing Electronic
• Kemper
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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