Miramar, FL: America's largest distributor of factory authorized replacement parts for consumer electronics, Herman ProAV, has just released new information regarding the hdmi cable market forecasts for up to 2018, as a part of their 2018 initiative in promoting rising trends in consumer electronics.
According to David Wolf, spokesperson at Herman ProAV, "As pioneers in the consumer electronics industry, we are proud to be constantly revolutionizing the industry with our pathbreaking products. The 4k hdmi cable, a cornerstone item in our range of products, is expected to reach a CAGR of 3% by 2020. This is remarkable news for everyone within the industry."
According to the market research released by Technovia, "During 2015, the televisions market segment dominated the global HDMI market and accounted for almost 51% of the total market share, whereas the global DisplayPort connector market was dominated by the HD television segment that accounted for almost 53% of the total market shares. The estimated increase in the demand for these products and a considerable decrease in unit shipments of the other major products such as laptops will result in these market segments continuing their dominance up to 2022 as well."
Furthermore, the increase in demand for hdmi 2 0 cable from countries such as India, which are going to see a spurt in their consumption of consumer electronics, is going to boost the growth of the market internationally. Similarly, a rise in demand for HD and 4K televisions is forecasted in Australia, which is going to further bolster the market as it moves along.
Herman ProAV has recently launched a new line of HDMI cables that provide simultaneous multi-stream audio to multiple users, boasting a Dolby True HD, DTS-HD Master Audio and up to 1536kHz audio sample frequency. It has 19 Pin Type A Male to Male connectors with CL3 rated jackets and 24k gold plated connectors that ensures that its customers receive the highest audio and video quality without losing any of it from the Blu - Ray player, Apple TV, PS4, PS3, Fire TV, XBox One, Xbox 360, computers and other HDMI enabled devices.
To find out more about Herman ProAV and their products please visit their Amazon storefront or their official website here - https://hermanproav.com/.
SOURCE: Press Advantage [Link]
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