The global HDMI Cable market is estimated to grow at a CAGR of 5.3% during the forecast period 2018-2025 and account to US$ 3,613.9 Mn by the year 2025.
HDMI Cables available in the market today are characterized with the feature of simplification of cabling and connections of High Definition components such as TV screens, large display screens, and monitor screens etc. HDMI was initially released in the year 2002, but off late this product has found prominence amongst the users. With the upcoming consumer electronic devices coming with added features and integrations, there has been an increased demand for new cables especially for increased bandwidth requirements. HDMI is the global standard used for connecting high-definition equipment. The HDMI is intelligent, and an all-digital interface that is used for delivering highest quality of data with ease. As of today, more than 1,700 consumer electronic device manufacturers incorporate HDMI connectivity in their products.
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The key companies functioning in the market include Kramer Electronics Ltd., Nordost, Panasonic Corporation, Koninklijke Philips N.V, Shenzhen DNS Industries Co. Ltd., Tripp Lite.
There are several HDMI cable types plus a special cable certification designation to choose from; each designed to meet a particular performance standard. The HDMI specification does not limit cables to any particular length, but instead sets performance criteria based on maintaining adequate signal strength. Therefore, cable length is not determined by the HDMI specification, but by the design and manufacturing quality of the cable. The Ultra High Speed HDMI Cable ensures ultra-high-bandwidth dependent features are delivered including uncompressed 8K video with HDR. It supports up to 48Gbps bandwidth and features exceptionally low EMI which reduces interference with nearby wireless devices. The cable also supports the HDMI Ethernet channel. It is backwards compatible and can be used with the existing installed base of HDMI devices.
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).
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