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| Report Code: A06100 | Pages: 230 | Mar 2020 | 7973 Views | ||
| Author(s) : Asavari & | Tables: 114 | Charts: 65 |
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HDMI cables are the connecting components, used in multimedia devices for communication of audio and video signals. The cables either provide electrical, optical, or digital modes of transfer. Most of these cables have outer shield to transfer the data without loss and are designed to carry maximum bandwidth and higher transfer rate.
The demand for HDMI cable in the commercial sector is expected to increase rapidly during the forecast period, owing to various factors such as surge in usage of audio/video devices and increase in demand for 4K UHD televisions. However, high installation cost and limited physical availability of device is anticipated to hamper the market growth. The market for HDMI cables in commercial sector is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities.
Over the years, the advancement in display technologies has reduced the prices of televisions. This has attracted large consumer base of middle-income group. The fast-growing adoption of 4K or Ultra High Definition TVs in residential sector has increased the demand for HDMI cables. This offers HDMI ports that are capable to support high transfer rate. These TVs also provide ports for connection of various entertainment systems such as gaming consoles, home theatre systems, and others.
For instance, provides 4 HDMI inputs, HDCP2.3, HDMI-CEC, and HDMI audio return channel (ARC). Therefore, the advancement of TVs and providence of multiple HDMI ports increase the demand for HDMI cables.
The key players profiled in the report include Amphenol Corporation, Panasonic Corporation, Koninklijke Philips N.V., Foxconn Technology Group, Sony Corporation, Hitachi Ltd., Molex, LLC, Nordost, Ce-Link, and Kramer Electronics Ltd.
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