1 Different Applications of HDMI Cable
The different applications of HDMI Cable include Players & TVs, Cameras and Camcorders, Personal Computers & Tablet Computers, Gaming Consoles.
Table Different Applications of HDMI Cable
Applications | Description |
Players & TVs | The HDMI cable market finds application in various sectors, including players & TVs, cameras and camcorders, personal computers & tablet computers, gaming consoles, automotive systems, and others. Players & TVs, gaming consoles benefit from HDMI cables to transmit high-definition audio and video signals. Cameras and camcorders employ HDMI cables for data transfer and media playback. Personal computers & tablet computers use HDMI cables for connecting monitors and projectors. Automotive systems integrate HDMI cables to enable audio and video streaming in vehicles. Additionally, HDMI cables are employed in various other industries, fulfilling diverse connectivity needs across different devices and equipment. |
2 Global HDMI Cable Market Size by Applications
Players & TVs, a key application segment of the HDMI Cables market, has shown a fluctuating growth trend in its market size over the past few years. In 2018, the market size of this segment was $893.23 Million and then grew to $928.25 Million in 2019, showing a slight upward trend. However, the market size declined in 2020 to $863.26 Million, which could be attributed to certain unfavorable factors affecting the global economy in that year. Moving into 2021, the market size rebounded to USD 930.76 Million showing the resilience of the market. In 2022, the market size continued to grow to reach USD 1031.76 Million and by 2023, the market size further increased to USD 1081.20 Million showing a continuous growth momentum.
Cameras and Camcorders, another key application segment of the HDMI Cables market, shows the following changes in its market size data: In 2018, the market size of this segment was $334.82 Million, then increased slightly to $339.70 Million in 2019. Moving into 2020, the market size declined and fell to $308.30 Million, but then rebounded to $324.00 Million in 2021. In 2022, the market size of Cameras and Camcorders grew further to $351.20 Million, while in 2023, the figure reached $361.85 Million.
Personal Computers & Tablet Computers, a key application segment of the HDMI Cables market, has a market size of $329.31 Million in 2018, growing to $347.08 Million in 2019, declining slightly to $327.14 Million in 2020, and rebounding to $357.32 Million in 2021. And then it continues to grow to $401.86 Million in 2022, and further increases the market size to $427.10 Million by 2023.
In 2018, the market size of Gaming Consoles was $167.08 Million; In 2019, this figure slightly increased slightly to $174.25 Million. However, the market size declined in 2020 to $162.68 Million, possibly due to fluctuations in the global economy or industry-specific factors. In 2021, the market size rebounded to $176.31 Million, showing signs of resumption of growth. The market size of Gaming Consoles continued to grow in 2022 to $196.35 Million. And by 2023, the figure further increases to $206.69 Million.
Table Global HDMI Cable Market Size (M USD) by Applications
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Players & TVs | 893.23 | 928.25 | 863.26 | 930.76 | 1031.76 | 1081.20 |
Cameras and Camcorders | 334.82 | 339.70 | 308.30 | 324.00 | 351.20 | 361.85 |
Personal Computers & Tablet Computers | 329.31 | 347.08 | 327.14 | 357.32 | 401.86 | 427.10 |
Gaming Consoles | 167.08 | 174.25 | 162.68 | 176.31 | 196.35 | 206.69 |
Others | 252.20 | 258.41 | 237.16 | 252.79 | 276.62 | 284.81 |
Total | 1976.64 | 2047.70 | 1898.54 | 2041.18 | 2257.78 | 2361.65 |
3 Global HDMI Cable Sales Share by Application
In 2018, Players & TVs had a market share of 44.96%, which slightly increased to 45.10% by 2019, slightly decreased to 45.24% in 2020, continued to grow to 45.36% in 2021, had a market share of 45.46% in 2022, and this slightly increased to 45.54% in 2023. Players & TVs market share is forecast to continue to grow steadily in the coming years, i.e., from 2024 to 2029, at 45.68%, 45.82%, 45.95%, 46.05%, 46.13%, and 46.28%, respectively.
Cameras and Camcorders held a market share of 16.74% in 2018, but declined slightly to 16.39% in 2019. By 2020, the market share continues to decline to 16.04%, and the downward trend continues to drop to 15.67% in 2021. in 2022, the market share further shrinks to 15.35%, and by 2023, the percentage drops to 15.12%. Looking ahead, Cameras and Camcorders market share is expected to continue to decrease from 2024 to 2029, at 14.73%, 14.35%, 13.95%, 13.59%, 13.32%, and 12.89%, respectively.
Personal Computers & Tablet Computers, an application segment of the HDMI Cables market, has shown a year-on-year trend in terms of market share. In 2018, Personal Computers & Tablet Computers had a market share of 16.81%, rising marginally in 2019 to 17.10%. the market share continues to rise to 17.38% in 2020. The market share continues to grow into 2021 to 17.66% and rises further to 17.96% in 2022. By 2023, the share reaches 18.25%. Going forward, the market share of Personal Computers & Tablet Computers is expected to grow steadily from 2024 to 2029 at 18.57%, 18.87%, 19.18%, 19.50%, 19.81% and 20.15% respectively.
In 2018, Gaming Consoles had a market share of 8.60%, rising slightly to 8.66% in 2019. And in 2020 saw a slight increase in market share to 8.72%. Going into 2021, the market share rises again to 8.79% and grows further to 8.85% in 2022. By 2023, the share reaches 8.90%. Looking ahead, Gaming Consoles’ market share is expected to continue to grow steadily and slightly from 2024 to 2029, at 8.96%, 9.03%, 9.10%, 9.16%, 9.22% and 9.28% respectively.
Table Global HDMI Cable Sales Market Share by Application (2018-2029)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Players & TVs | 44.96% | 45.10% | 45.24% | 45.36% | 45.46% | 45.54% |
Cameras and Camcorders | 16.74% | 16.39% | 16.04% | 15.67% | 15.35% | 15.12% |
Personal Computers & Tablet Computers | 16.81% | 17.10% | 17.38% | 17.66% | 17.96% | 18.25% |
Gaming Consoles | 8.60% | 8.66% | 8.72% | 8.79% | 8.85% | 8.90% |
Others | 12.89% | 12.75% | 12.62% | 12.51% | 12.38% | 12.19% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Players & TVs | 45.68% | 45.82% | 45.95% | 46.05% | 46.13% | 46.28% |
Cameras and Camcorders | 14.73% | 14.35% | 13.95% | 13.59% | 13.32% | 12.89% |
Personal Computers & Tablet Computers | 18.57% | 18.87% | 19.18% | 19.50% | 19.81% | 20.15% |
Gaming Consoles | 8.96% | 9.03% | 9.10% | 9.16% | 9.22% | 9.28% |
Others | 12.05% | 11.93% | 11.83% | 11.70% | 11.52% | 11.39% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
4 Asia Pacific HDMI Cable Sales by Application
HDMI cable sales figures for the Players & TVs application segment in Asia Pacific show a year-on-year growth trend. In 2018, sales in this segment stood at 267,495 K Units, followed by an increase to 281,906 K Units in 2019. In 2020, despite facing market volatility, sales declined and stood at 265,028 K Units, but quickly rebounded to 283,163 K Units in 2021. In 2022, sales grew further to 309,087 K Units, and in 2023, the figure reached 326,738 K Units. These figures reflect the steady increase in demand for HDMI cables for personal entertainment and home theater systems in the Asia-Pacific region, which can be linked to the region’s economic growth, rising incomes of its residents, and increased quest for high-quality audiovisual experiences.
Sales in the Cameras and Camcorders application segment amounted to 100,949 K Units in 2018, followed by a slight increase to 103,742 K Units in 2019. However, sales volume declined in 2020 to 95,067 K Units. By 2021, sales rebounded to 98,907 K Units, showing a recovery in the market. In 2022, sales of HDMI cables for Cameras and Camcorders increased further to 105,434 K Units, while by 2023, the figure reached 109,479 K Units.
Personal Computers & Tablet Computers, one of the HDMI cable application areas, has shown a year-on-year growth in sales in the Asia-Pacific region. In 2018, sales in this segment stood at 105,924 K Units, followed by growth to 113,156 K Units in 2019. Moving into 2020, despite the global market being affected by factors such as epidemics, the sales volume remained at a relatively stable figure of 107,779 K Units. In 2021, the figure further increased to 116,637 K Units, showing the continued growth in market demand. By 2022, the sales continue to climb to 129,150 K Units, and in 2023, the figure reaches 138,411 K Units. These figures reflect the steady rise in demand for HDMI cables for PCs and tablets in Asia Pacific as technological advancements and mobile office needs increase, a trend that is likely to be closely linked to the growth in demand for teleworking, online education, and entertainment.
In 2018, sales in the Gaming Consoles application area in Asia Pacific amounted to 52,374 K Units, demonstrating solid demand for HD video transmission cables in the gaming market. This was followed by a modest increase to 55,379 K Units in 2019, reflecting the gaming console market’s reliance on HDMI cables. Moving into 2020, Gaming Consoles’ HDMI cable sales remained at around 52,257 K Units. And in 2021 saw a further increase to 56,118 K Units as the gaming industry recovered and new gaming consoles were launched. By 2022, this figure continued to climb to 61,532 K Units, and by 2023, Gaming Consoles’ HDMI cable sales reached 65,332 K Units.
Table Asia Pacific HDMI Cable Sales (K Units) by Application (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Players & TVs | 267495 | 281906 | 265028 | 283163 | 309087 | 326738 |
Cameras and Camcorders | 100949 | 103742 | 95067 | 98907 | 105434 | 109479 |
Personal Computers & Tablet Computers | 105924 | 113156 | 107779 | 116637 | 129150 | 138411 |
Gaming Consoles | 52374 | 55379 | 52257 | 56118 | 61532 | 65332 |
Others | 79658 | 82735 | 76736 | 81045 | 87314 | 90665 |
Total | 606400 | 636918 | 596867 | 635870 | 692517 | 730624 |
