HDMI Cable Market - 2026: In-Depth Analysis with Key Market Players, Business Strategies, Growth and Opportunities

According to a new report published by Allied Market Research, titled, "HDMI Cable Market by Type (Standard HDMI Cable and High Speed HDMI Cable) Grade (HDMI 1.4, HDMI 2.0 and HDMI 2.1), and Application (Gaming Console, TV, Mobile Phone, Automotive System and Personal Computer & Tablet): 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 $3.87 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.

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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 bandwidth in comparison to the currently used versions. HDMI 2.1 provides refresh rates that supports resolutions up to 10K and improved bandwidth 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.

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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 2.0b builds on HDMI 2.0a, 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.

Key Findings of the Study:
1. By type, the standard HDMI Cable segment generated the highest revenue in the market in 2018.
2. By grade, the HDMI 2.1 segment generated the highest revenue in the market in 2018.
3. By application, the gaming consoles segment generated the highest revenue in the market in 2018.
4. 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.

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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

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