HDMI cables are the probes used by the multimedia electronic devices for efficient input and output of the audio and video signals. Cables to support the audio and video quality and have regulatory standards of production. The HDMI cable market is expected to grow swiftly owing to the increase in adoption of audio-video devices and penetration of miniature multimedia devices.
The demand for HDMI cable in the commercial sector is expected to increase rapidly during the forecast period, owing to various factors such as surge in usage of audio/video devices, increase in demand for 4K UHD televisions. However, high installation cost and limited physical availability for devices thus hampering the market growth globally. Advancement in HDMI cable for higher bandwidth applications coupled with display technology and enhancement of multimedia and entertainment industry in emerging economies provide lucrative opportunities for the market. The market for HDMI cables in commercial sector is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities.
Considering the increase in requirement of high data transmission speed and ongoing advancements, the market participants of cables & wires industry focus on providing diverse category of products. Growth in inclination toward fiber-optic cables from the conventionally used copper cables exhibits the current scenario usage of much efficient cables for data transmission. However, the choice of cable type depends on multiple factors such as data transmission speed, bandwidth, impact of the power loss, and the distance range.
The HDMI cable market is segmented on the basis of type, grade, application, and region. On the basis of type, the market is bifurcated into standard HDMI cable and high-speed HDMI cable. These cable types are sub-segmented into standard HDMI cable with ethernet and standard HDMI cable without ethernet; and high-speed HDMI cable with ethernet and High-speed HDMI cable without ethernet under high speed HDMI cables. Grade covered in the study include HDMI 1.4, HDMI 2.0 and HDMI 2.1. Application includes gaming Consoles, TVs, mobile phones, automotive systems, and personal computers & tablets. By region, the market is analyzed across North America, Europe, Asia- Pacific and LAMEA.
The key players profiled in the report include as Amphenol Corporation, Panasonic Corporation, Koninklijke Philips N.V., Foxconn Technology Group, Sony Corporation, Hitachi Ltd., Molex, LLC, Nordost, Ce-Link, and Kramer Electronics Ltd. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL HDMI CABLE MARKET SEGMENTATION
By Type
By Grade
By Application
By Region
KEY MARKET PLAYERS
The demand for HDMI cable in the commercial sector is expected to increase rapidly during the forecast period, owing to various factors such as surge in usage of audio/video devices, increase in demand for 4K UHD televisions. However, high installation cost and limited physical availability for devices thus hampering the market growth globally. Advancement in HDMI cable for higher bandwidth applications coupled with display technology and enhancement of multimedia and entertainment industry in emerging economies provide lucrative opportunities for the market. The market for HDMI cables in commercial sector is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities.
Considering the increase in requirement of high data transmission speed and ongoing advancements, the market participants of cables & wires industry focus on providing diverse category of products. Growth in inclination toward fiber-optic cables from the conventionally used copper cables exhibits the current scenario usage of much efficient cables for data transmission. However, the choice of cable type depends on multiple factors such as data transmission speed, bandwidth, impact of the power loss, and the distance range.
The HDMI cable market is segmented on the basis of type, grade, application, and region. On the basis of type, the market is bifurcated into standard HDMI cable and high-speed HDMI cable. These cable types are sub-segmented into standard HDMI cable with ethernet and standard HDMI cable without ethernet; and high-speed HDMI cable with ethernet and High-speed HDMI cable without ethernet under high speed HDMI cables. Grade covered in the study include HDMI 1.4, HDMI 2.0 and HDMI 2.1. Application includes gaming Consoles, TVs, mobile phones, automotive systems, and personal computers & tablets. By region, the market is analyzed across North America, Europe, Asia- Pacific and LAMEA.
The key players profiled in the report include as Amphenol Corporation, Panasonic Corporation, Koninklijke Philips N.V., Foxconn Technology Group, Sony Corporation, Hitachi Ltd., Molex, LLC, Nordost, Ce-Link, and Kramer Electronics Ltd. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.
KEY BENEFITS FOR STAKEHOLDERS
- This study includes the analytical depiction of the global HDMI Cable market size along with the current trends and future estimations to determine the imminent investment pockets.
- The HDMI Cable devices market size is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact on the spintronic logic devices market analysis.
- The current HDMI Cable market forecast is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the HDMI Cable market.
- The report includes the spintronic logic devices market share of key vendors and HDMI Cable market trends.
GLOBAL HDMI CABLE MARKET SEGMENTATION
By Type
- Standard HDMI Cable
- High Speed HDMI Cable
By Grade
- HDMI 1.4
- HDMI 2.0
- HDMI 2.1
By Application
- Gaming Consoles
- TVs
- Mobile Phones
- Automotive Systems
- Personal computer & Tablets
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Amphenol corporation
- Panasonic Corporation
- Koninklijke Philips N.V.
- Foxconn Technology Group
- Sony corporation
- Hitachi Ltd.
- Molex, LLC
- Nordost
- Ce-Link
- Kramer Electronics Ltd
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: HDMI CABLE MARKET, BY TYPE
CHAPTER 5: HDMI CABLE MARKET, BY GRADE
CHAPTER 6: HDMI CABLE MARKET, BY APPLICATION
CHAPTER 7: HDMI CABLE MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
Executive Summary
According to the report titled, 'HDMI Cable Market by Type, Grade and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global HDMI cable market was valued at $2.47 billion in 2018, and is projected to reach $3.77 billion by 2026, registering a CAGR of 4.5% from 2019 to 2026.HDMI is used for transferring uncompressed large amount of data. It is used for connecting high definition (HD) equipment. It is used to connect large display screens, TV screens or monitor screens. HDMI cables are the connecting components, used in multimedia devices for communication of audio and video signals.
The most commonly used HDMI version is HDMI 2.0a and HDMI 2.0b. The ports are a higher variant of HDMI 2.0, which offers advanced display technology called High Dynamic Range. Further, the announcement of HDMI 2.1 version is expected to foster the HDMI cables market growth due to their high capability of data transfer rate and providence of improved b and width in comparison to the currently used versions. HDMI 2.1 provides refresh rates that supports resolutions up to 10K and improved b and width up to 48Gbps.
The emergence of media and entertainment industry has resulted in greater penetration of TVs and Cable TV network to the household. The broadcasting channels provide information to the consumer across different region in different languages, which increases the demand for TVs and subscription to cable TV channels. The installation of TV sets and broadcasting cable networks requires HDMI cables. Therefore, the emerging and advancing industry of multimedia and entertainment industry is expected to boost the demand for HDMI cable market size.
HDMI creates a future-proof" basis for broadcasting ultrahigh definition video and multichannel audio among a wide variety of audio, video, and computer products. For instance, the HDMI 2.0b is mostly used in high definition 4K TVs, HDMI 2.0 b builds on HDMI 2.0 a, it is designed to support HDR, which improves the contrast between light and dark images for a more realistic picture and supports for Hybrid Log Gamma (HLG). Furthermore, companies such as Sony, LG and others, have announced the use of HDMI 2.1 in the latest launch of their TVs.
In the past few years, the penetration of internet in North America has increased the use of computers and display devices such as display panels, LED monitors, and others, which in turn has augmented the use of HDMI cables to generate output. Advancements in HDMI cables for use in latest display technologies such as 4K, 8K, and others significantly contribute toward the growth of the North America HDMI cable market. According to a study on growth of the North America e-commerce market by eShopWorld, a company based in Irel and, over 84% of consumers use desktop for shopping online. The use of desktop requires HDMI cables for better data transfer to display content in better quality, which boosts the demand for HDMI cables, thereby accelerating the market growth.
The HDMI cable market growth is driven by several factors such as surge in usage of audio/video devices and an increase in demand for 4K UHD televisions. However, high installation cost and limited physical availability for devices, thus restraining the growth of the market. Furthermore, advancement in HDMI cable for higher b and width application coupled with display technology and enhancement of multimedia and entertainment industry in emerging economies offers lucrative opportunities for the market to grow.
According to Ankit Prajapati, Lead Analyst, Semiconductors & Electronics, “The global HDMI Cable market is expected to witness considerable growth owing to the increasing trend towards quality viewing experience. Further, the growing need for higher data transfer speed is also expected to increase the demand for HDMI cable market. The global HDMI cable industry is projected to witness significant growth in China and India, owing to the increasing penetration of information and communication technology industries in the region.
KEY FINDINGS OF THE STUDY
- By type, the st standard HDMI Cable segment generated the highest revenue in the market in 2018.
- By grade, the HDMI 2.1 segment generated the highest revenue in the market in 2018.
- By application, the gaming console segment generated the highest revenue in the market in 2018.
- By region, Asia- Pacific generated the highest revenue in the market in 2018.
The key HDMI cable market size leaders profiled in the report include Amphenol Corporation, Panasonic Corporation, Koninklijke Philips N.V., Foxconn Technology Group, Sony Corporation, Hitachi Ltd., Molex, LLC, Nordost, Ce-Link, and Kramer Electronics Ltd. These key players adopted several strategies such as new product launch and development, acquisition, partnership &collaboration, and business expansion to increase their HDMI Cable market share.
Companies Mentioned
- Amphenol Corporation
- Panasonic Corporation
- Koninklijke Philips N.V.
- Foxconn Technology Group
- Sony Corporation
- Hitachi Ltd.
- Molex LLC
- Nordost
- Ce-Link
- Kramer Electronics Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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