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HDMI Cable Market Trends to 2025 Leading by Players like Belkin International, Inc., CE-Link, Sony Corporation, Hitachi, Ltd., and Kramer Electronics Ltd.

10-10-2018 06:39 AM CET | Media & Telecommunications

Press release from: The Insight Partners

HDMI Cable market

HDMI Cable market

The global HDMI Cable market is estimated to be US$ 2,436.0 million in 2017 and is estimated to reach US$ 3,613.9 million by 2025.

The global HDMI Cable market is experiencing steady growth with regards to the technological advancements, formulation of standards, and the investments being made by the various companies to gain market leadership positions. The market for HDMI Cable consists of a large number of players across the globe leading to a fragmented market. Also, there a large number of smaller players present in the market and lower entry barriers into HDMI Cable market have resulted in the influx of small companies venturing into this arena. There are various factors that are contributing to the growing sales of HDMI Cable in different regions of the world. Number of households, consumer spending on electronic devices, penetration of smartphones and PCs, the number of TV sets in a particular household, the percentage of tech-savvy population, and a youth population attracted towards gaming consoles are some of the major factors that are enabling a swift growth in the demand for HDMI Cable globally.

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Leading Industry Players:

1. Belkin International, Inc.
2. CE-Link
3. Sony Corporation
4. Hitachi, Ltd.
5. Kramer Electronics Ltd.
6. Nordost
7. Panasonic Corporation

HDMI Cable are quite inexpensive products found in the market. They are used as add-on accessories for various consumer electronic devices to connect to display monitors and large screens for obtaining an enhanced viewing experience. The HDMI Cable were developed and standardized by a large consortium of companies where they agreed upon some common technological standards. Apart from these large pool of companies, there are many smaller non-branded companies operating in this market owing to the lesser entry barriers posed for them. These smaller manufacturers of HDMI Cable, market their HDMI Cable at relatively inexpensive prices as compared to the branded manufacturers, and thus create a scenario of price ware in the global market arena.

APAC is expected to be the fastest growing region in the HDMI Cable market. The major reason for this is the huge electronics and semiconductor hub in China coup-led with the large population density of the region. Also China accounts for the largest shipments for TV sets across the world, the new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of HDMI Cable market in the region.

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The HDMI Cable market segmentation is done on the basis of type, grade, and application. The HDMI Cable market has been segmented on the basis of vehicle type into Standard HDMI Cable, Standard HDMI Cable with Ethernet, High Speed HDMI Cable, High Speed HDMI Cable with Ethernet, and Others. Further, the HDMI Cable market has been segmented on the basis of grade into HDMI 1.4, HDMI 2.0, and HDMI 2.1. These HDMI cables find their applications in a plethora of consumer electronic devices. Accordingly, the HDMI Cable market has also been segmented on the basis of application that include gaming consoles, Players & TVs, mobile phones, Personal Computers & tablets, automotive systems, and others. On the basis of geography, the HDMI Cable market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

Reasons to buy this report:

- Highlights key business priorities in order to assist companies to realign their business strategies

- The key findings and recommendations highlight crucial progressive industry trends in the automatic tire inflation system market, thereby allowing players across the value chain to develop effective long term strategies

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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