Top Companies - Electric and Acoustic Guitar Strings Industry

Jul, 2023 - by CMI

 Top Companies - Electric and Acoustic Guitar Strings Industry

 

Guitars are six-stringed instruments that must be plucked in order to be played. The two primary types of guitars are acoustic and electric, with electric connections being the difference. Guitar strings are made from metals like copper and brass.  Light, custom light, and extra light guitar strings are the three categories into which electric and acoustic guitar strings fall.

Globally rising guitar sales have accelerated target market expansion. Additionally, acoustic and electric guitars made up 67.4% of the market for fretted goods in 2015. The market for electric and acoustic guitar strings is projected to expand as a result of the development of new technology in the field of guitar strings. Due to the advent of new technologies and the creation of new guitar strings, the demand for electric and acoustic guitar strings is probably going to increase in the near future.

The market for Electric And Acoustic Guitar Strings  is anticipated to expand at a 3.7% CAGR between 2021 and 2028.

 Leading Companies in the Electric and Acoustic Guitar Strings Industry:

1. D’Addario & Co.

D’Addario & Co is a family-owned and operated American multinational company that specializes in musical instrument accessories. It was founded in 1973 and headquartered in New YorkUnited States. It operates in 120 countries. In May 2023, Taylor Guitars, the world's top manufacturer of high-end acoustic guitars, and D'Addario, the world's top producer of guitar strings, announced that Taylor would switch to D'Addario's top-tier XS coated Phosphor Bronze guitar strings. This innovative partnership brings together decades of market-leading innovation from D'Addario and Taylor to create an improved acoustic guitar playing experience unmatched by any other. Taylor is known for its award-winning performance, playability, bracing design, and balance.

2. Fender Musical Instruments Corporation

Fender Musical Instruments Corporation is an American manufacturer of instruments and amplifiers. It was founded in 1946 and headquartered in Arizona, United States. It operates globally. The Limited Edition Fender® Shields Blender, a fuzz pedal bearing the trademark of Kevin Shields, will be made available in June 2023, according to the Fender Musical Instruments Corporation (FMIC). The music industry will never forget Kevin Shields' groundbreaking sound and well-known pedalboard arrangements. Shields' distinctive use of feedback and distortion inspired other musicians to experiment with different sound textures.

3. Gibson Brands

Gibson Brands is an American manufacturer of guitars, other musical instruments, and professional audio equipment, founded in 1902 and headquartered in Tennessee, United States. It operates in more than 80 countries. After multiple iterations of experimental development, Gibson announced in July 2019 that it would be introducing three new guitar string lines to players all around the world.

4. Ernie Ball Inc.

Ernie Ball Inc. was founded in and headquartered in .It operates in. It was founded in 1962 and headquartered in California, United States. It operates in more than 75 countries. The latest Ernie Ball equipment was unveiled in April 2023 at NAMM 2023.The simple G string enhances playability and bending while the Slinky Flatwound Guitar strings from Ernie Ball have a patented cobalt alloy ribbon winding for a round sound and flat feel. This makes this set of strings perfect for any musician seeking a vintage tone.

5. GHS Strings

GHS String is an American string manufactured, founded in 1964 and headquartered in Wilbur Ave Battle Creek, Michigan. It operates globally.

6. C. F. Martin & Company Inc.

C. F. Martin & Company Inc.  was founded in 1833 and headquartered in  Pennsylvania , United States. It operates in India, UK, USA, Europe, China, Japan, and Germany.

7. Dean Markley USA, Inc.

Dean Markley USA, Inc.  is an American company that manufactures musical instrument-related products, primarily strings for acoustic and electric guitarsclassical guitars, and bass guitars. It was founded in 1972 and headquartered in Glendale, Arizona .It operates worlwide.

8. Kistron Co., Ltd.

Kistron Co., Ltd. was founded in 1987 and headquartered in South Korea. It operates in 70 countries.

9. Rotosound Manufacturing Ltd.

Rotosound Manufacturing Ltd. was founded in 1958 and headquartered in Kent, England. It operates in UK. In January 2023, GEWA music GmbH was named Rotosound Manufacturing Ltd's exclusive distributor in Germany, Austria, Switzerland, and France. Through this partnership, we hope to increase our success in important European markets while also giving GEWA Music access to a top-tier string brand to complement their already impressive collection.

10. DR Handmade Strings

DR Handmade Strings was founded in 1989 and headquartered in Westwood, New Jersey. It operates in 120 countries, In March 2023, FrigginYeah, the premier supplier of MAP monitoring software, announced a partnership with DR Handmade Strings, a renowned producer of fine handmade strings for electric and acoustic guitars. In order to help DR Handmade Strings preserve the integrity of its brand and pricing strategy, FrigginYeah will offer MAP monitoring services on Google Shopping and Amazon. Through the partnership, DR Handmade Strings will be able to concentrate on product development while FrigginYeah will make sure that its products are sold at the price stated.

Definition: Acoustic guitar strings are typically thicker gauge than electric guitar strings because they provide a louder sound. Thinner strings are commonly used on electric guitars to increase playability and because more volume is not required because the guitar will be plugged into an amplifier.

 

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