Global Retail HDMI Cable Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Retail HDMI Cable Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The HDMI cable is an abbreviation for high-definition multimedia interface cable, which can transmit uncompressed high-definition video and multi-channel audio data with high quality, and the maximum data transmission speed is 5Gbps. At the same time, it is not necessary to perform digital/analog or analog/digital conversion before signal transmission, which can ensure the highest quality video signal transmission. HDMI supports eight channels of 24-bit uncompressed audio at 192kHz and 4K video resolution up to 4096x2160 (as of HDMI 1.4). It also provides copy protection, A/V equipment control, 5 volts of power and compatibility with DVI and DisplayPort interfaces.

Market Overview:

The latest research study on the global Retail HDMI Cable market finds that the global Retail HDMI Cable market reached a value of USD 2100.8 million in 2022. It’s expected that the market will achieve USD 2847.76 million by 2028, exhibiting a CAGR of 5.2% during the forecast period.

Limitations

With the development of technology and the diversity of consumer needs, the HDMI interface is constantly innovating.

Due to the current development of electronic technology, most users watch HD programs mainly through the Internet. Therefore, most users configure HTPC or notebooks and then connect to flat-panel TVs or projectors to enjoy large-screen HD programs.

For users who are equipped with HDMI interface in the early days, some graphics cards still do not include the transmission of audio signals. Therefore, only the video image is connected to the display device through HDMI without sound. The HDMI corresponding to the display device can only be connected from the audio outlet of the HTPC or notebook. The audio interface, or an external speaker, is used to transmit audio signals. For this part of the user, it is necessary to re-expend new costs to replace. At present, the HDMI interface increases the cost due to the copyright patent fee, and also increases the selling price of the product, which is not conducive to the promotion of the HDMI cable.

At the same time, the HDMI interface is not particularly good for high-quality output. Although the new HDMI interface protocol can support 4K, the HDMI interface of the commercially available display is not upgraded, so users with high resolution are required, will consider other interfaces.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Sony, Philips, and Panasonic with a revenue market share of 4.17%, 3.36% and 1.90% in 2018.

Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company offers network services related to games, videos, and music contents; and home and portable game consoles, packaged software, and peripheral devices, as well as broadcast/professional, integrated circuit card technology, and medical and imaging device solutions. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications based on animation titles, and various services for music and visual products.

Philips began by making carbon-filament lamps and quickly became one of the largest producers in Europe. From the outset, Philips was an export-oriented company. Large orders were won in Russia, including one from the Tsar to light up the Winter Palace. In 1912, Philips became a limited company, with publicly traded shares, listed on the Amsterdam Stock Exchange. With developments in new lighting technology fueling a steady program of expansion, Philips established a research laboratory in 1914 – the world-renowned ‘NatLab’ – to study physical and chemical phenomena and stimulate product innovation.

Segmentation Overview:

Among different product types, HDMI 1.4 segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Online segment occupied the biggest share from 2018 to 2022.

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

Hitachi
Dynex
Kaiboer
NQ Cable
Philips
Startech
AudioQuest
Insten
JCE
Sony
Insignia
Belkin
Tripp Lite
Panasonic
Monster
MoVii
CHOSEAL
Shenzhen Yiwanda Electronics Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Retail HDMI Cable market from 2018 to 2029 is primarily split into:

HDMI 1.4
HDMI 1.4a
HDMI 2
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Retail HDMI Cable market from 2018 to 2029 covers:

Online
Operator
Specialty Store
Supermarket
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) 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)