New York, NY -- (SBWire) -- 04/12/2019 --The global HDMI cable market is expected to reach USD 3.97 billion by 2026, according to a new report by Reports and Data. HDMI is used for transferring uncompressed large amount of data. It is used for connecting high definition (HD) equipment. It had found a niche in the modern world and companies are using it commonly to transfer data, video or audio. It is an intelligent interface that delivers a very high quality data without any glitch. It is used to connect large display screens, TV screens or monitor screens.
HDMI was founded by Toshiba, Philips, Hitachi, Thomson, Sony, Panasonic, Silicon Image and RCA. It is supported by big brands like Warner Bros., Fox, Disney and Universal along with system operators EchoStar and DirecTV due to its high application in large screens.
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This report focuses on the global top players, covered are Tripp Lite, Shenzhen Dns Industries Co., Ltd, Koninklijke Philips N.V., Panasonic Corporation, Nordost, Kramer Electronics Ltd, Hitachi Ltd., Sony Corporation, Ce-Link and Belkin International, Inc.
Asia Pacific is expected to be a key revenue generating region in the forecast period. The market is projected to grow at a CAGR of 34% in the forecast period. Most of the companies working with HDMI cables are located in this region. Desire for high quality viewing experience is driving the growth of this market. High demand is from developing nations of this region mainly due to availability of skilled labor and emerging companies that deal with large amount of data. However, advent of wireless HDMI cable is hindering he growth of the market.
Market split by type, can be divided into:
- Standard HDMI cable
- Standard HDMI cable with Ethernet
- High speed HDMI cable market
- High speed HDMI cable market with Ethernet
Market split by applications, can be divided into:
- Gaming consoles market
- Players and TVs market
- Mobile phones market
- Automotive systems market
- Personal Computers and Tablets market
Market split by Grade, can be divided into:
- HDMI 1.4 market
- HDMI 2.0 market
- HDMI 2.1 market
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Knowing the trends influencing the HDMI Cables industry performance
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Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Further key findings from the report suggest:
- The segment for application is set to dominate the market size with an increase in disposable income and emergence of new buildings, commercial or otherwise, is leading to installation of projectors and TVs in them. This has significantly boosted the market. With rise in desire for high quality viewing option the HDMI cables are set to grow in coming years.
- Asia Pacific is forecasted to grow at a CAGR of 4.1% in the coming years. Most of the companies are located in this region. With the emergence of internet and growth of telecom, the demand from APAC has increased exponentially. Need for safe and secure, efficient and high speed data are fueling the market in this region.
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Key elements from table of content:
Chapter 10. Company Profiles
10.1. Belkin International, Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Type Insights
10.1.4. Strategic Initiatives
10.2. Ce-Link
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Type Insights
10.2.4. Strategic Initiatives
10.3. Sony Corporation
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Type Insights
10.3.4. Strategic Initiatives
Continued….
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HDMI Cables Market in-Depth Analysis by Top Players 2018-2026: Tripp Lite, Shenzhen Dns Industries Co., Ltd, Koninklijke Philips N.V., Panasonic
A closer look at the overall HDMI Cables business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.