HDMI Cable Market: Opportunities and Forecast Assessment, 2020–2027

 

The GMI Research expects the HDMI cable market to expand at a increased rate. From a regional perspective, the Asia-Pacific is predicted to increase at a higher CAGR due to the high adoption of such cables in economies such as Japan and China, driven by the growing penetration of the internet.

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HDMI Cable Market Dynamics (including market size, share, trends, forecast, growth, and industry analysis)

Key Drivers

The increasing penetration of this kind of cable in the commercial and residential sector to connect electronic devices, such as audio devices or TV, is a key driver propelling the growth of the HDMI cable market. Moreover, the rapid advancement in the HDMI cable to fuel the bandwidth and the display technology will further pay the way for the growth of the HDMI cable market in the upcoming years.

According to the HDMI cable market report, the improvement in the media & entertainment industry is resulting in the growing adoption of 4K UHD televisions and gaming consoles around the world, and the strong demand for high data transmission with an enhanced resolution by the consumer are the major factors fuelling the demand for the market. Sony corporation introduced a series of TVs in 2020; the 2020 LCD line-up headline is Z8H that comprises 75- and 85-inch 8K TVs. The Z8H LCD line-up has HDMI 2.1, including the support for 4K120, i.e., the capability to obtain 4K at 120 frames per second. On the other edge of the spectrum, the high cost of installing such cables will hamper the HDMI cable market's growth.

Grade of the Segment Drivers

On the basis of the grade, the HDMI 2.1 is projected to grow at a faster CAGR over the coming years due to the high demand for HDMI cable with this grade type among the consumers attributed to its remarkable benefits, such as the ability of such cables to enable higher resolutions at surged frame rates, high-speed frame transport which aids the gamers to notice less lag, and dynamic HDR support.

HDMI Cable Market’s leading Manufacturers:

·        Hitachi, Ltd.

·        CE-LINK

·        Belkin International, Inc.

·        Sony Corporation

·        Nordost

·        Kramer Electronics LTD.

·        Amphenol Corporation

·        Panasonic Corporation

·        Molex

·        Eurotech Technologies Pvt. Ltd.

·        Koninklijke Philips N.V.

HDMI Cable Market Segmentation:

Segmentation by Type:

·        Standard HDMI Cable with Ethernet

·        Standard HDMI Cable

·        High Speed HDMI Cable with Ethernet

·        High Speed HDMI Cable

·        Others

Segmentation by Grade:

·        HDMI 1.4

·        HDMI 2.0

·        HDMI 2.1

Segmentation by Application:

·        Players & TVs

·        Gaming Consoles

·        Personal Computers & Tablets

·        Mobile Phones

·        Automotive Systems

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

 

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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