HDMI Cable Manufacturer Releases Market Analysis for HDMI Cable Industry

July 09, 2018
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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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About Herman ProAV:

Started in 1963, Herman is now America's largest factory authorized replacement parts distributor for consumer electronics.

Contact Herman ProAV:

David Wolf
10110 USA Today Way, Miramar, FL 33025

Additional News Releases From Herman ProAV:

January 16, 2019Herman ProAV Releases New HDMI Cable

July 17, 2018HDMI Cable Buying Guide Released by Herman ProAV

July 13, 2018HDMI Cable Brand Re-Launches 6 Feet HDMI Cord on Amazon

July 03, 2018 Herman ProAV Launches New 15 Feet HDMI Cable

June 27, 2018Herman ProAV Highlights Global HDMI Market Analysis Forecasts Up to 2022

June 11, 2018Herman ProAV Launches New 25 Feet HDMI Cord

February 16, 2018Herman ProAV Launches New 10 Feet HDMI Cord

February 08, 2018Herman ProAV Releases New Information on the Right Way of Selecting an HDMI Cable

February 07, 2018Herman ProAV Releases New Information on the Global HDMI Market Analysis Forecasts Up to 2022