Global HDMI Cable Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global HDMI Cable Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

High-Definition Multimedia Interface (HDMI) is used in display controllers, computer monitors, and digital television. HDMIl cable is used to create copper transmission lines for the transmission of data and compressed or uncompressed digital audio data from a source device that complies with HDMI. HDMI streamlines the installation of home entertainment systems by combining the video and audio interfaces into a single connection. The cables provide either electrical, optical, or digital modes of transfer.

Market Overview:

The latest research study on the global HDMI Cable market finds that the global HDMI Cable market reached a value of USD 2138.9 million in 2023. It’s expected that the market will achieve USD 3447.64 million by 2029, exhibiting a CAGR of 8.28% during the forecast period.

Increase in Demand for 4K/UHD Televisions

Television costs have come down as display technology has developed over time, attracting a large consumer base of middle-income groups. The fast-growing adoption of 4K or Ultra High-Definition TVs in the residential sector has increased the demand for HDMI cables. This offers HDMI ports that are capable of supporting a high transfer rate. These TVs also provide ports for connecting various entertainment systems, such as gaming consoles, home theatre systems, and others. For instance, it provides 4 HDMI inputs, HDCP2.3, HDMI-CEC, and HDMI audio return channel (ARC). Therefore, the advancement of TVs and the providence of multiple HDMI ports increase the demand for HDMI cables.

Region Overview:

In 2022, the share of the HDMI Cable market in Asia Pacific stood at 50.29%.

Company Overview:

Sony is one of the major players operating in the HDMI Cable market, holding a share of 4.75% in 2023.

Segmentation Overview:

By type, HDMI 2.0 segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Players & TVs segment occupied the biggest share from 2018 to 2022.

Key Companies in the global HDMI Cable market covered in Chapter 3:

Belkin
Kaiboer
Monster
Tripp Lite
JCE
AudioQuest
Panasonic
Hitachi
Insten
Bluerigger
Startech
Shenzhen Xinhongya Electronics Co., Ltd.
Sony
MoVii
Philips

In Chapter 4 and Chapter 14.2, on the basis of types, the HDMI Cable market from 2019 to 2030 is primarily split into:

HDMI 1.4
HDMI 2.0
HDMI 2.1
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the HDMI Cable market from 2019 to 2030 covers:

Players & TVs
Cameras and Camcorders
Personal Computers & Tablet Computers
Gaming Consoles
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)