Press release
AV Cable Market 2021 Will Fastest Grow in Future by Key Companies Precise Outlook- AV Supply group, Belden Inc., WESCO International, Nexans
AV Cable Market
Brief Overview on AV Cable
AV cables are electronic materials that are used to connect devices to transfer video and audio signals. The various range of cables and ports are available in the market to match the standards across different product ranges such as television, monitor, home theaters, and others. Optical, electrical, and digital are various methods of data transfer through these types of cables. The increase in acceptance of multimedia equipment in households is expected to boost the demand for AV cables for the residential market.
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Market Dynamics:
Increase in demand for 4K/UHD televisions, the surge in usage of audio, video devices, and rise in penetration of miniature multimedia devices are some of the factors driving the growth of the AV cable market. However, the increase in the usage of wireless streaming platforms has reduced the need for AV cables, which is a significant factor hindering the growth of the AV cable market. Growth in the multimedia & entertainment industry and advancement in HDMI cable for higher bandwidth related to display technology is projected to offer remunerative opportunities to the AV cable market.
The report analyzes factors affecting AV Cable market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting AV Cable market in these regions.
The global AV cable market is segmented on the basis of type, component, and cable. Based on type, the AV cable market is segmented into: HDMI, RCA, DVI, VGA, and others. On the basis of component, the AV cable market is segmented into: connectors and adapters. Similarly, based on cable, the AV cable market is segmented into: copper cable, fiber optics, and coaxial cables.
Top Key Players:-
• Amphenol Corporation
• AV Supply group
• Belden Inc.
• Black Box Corporation
• Commscope
• Foxconn Technology Group
• LEGRAND SA
• Nexans
• Prysmian Group
• WESCO International
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