AV Cables for Residential Market is Going to Boom | Foxconn Technology Group (Belkin), LEGRAND SA, Nexans - Digital Journal

2022-08-20 06:14:12 By : Ms. Ann Wang

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 Key Companies Covered in the AV Cables for Residential Market Research are Amphenol Corporation, AV Supply group, Black Box Corporation, Belden Inc., Commscope, Foxconn Technology Group (Belkin), LEGRAND SA, Nexans, WESCO International (Liberty AV), and Prysmian Group. and other key market players.

The global AV cables for residential market size was valued at $273.0 million in 2018, and is projected to reach $502.1 million by 2026, growing at a CAGR of 7.7% from 2019 to 2026. AV cables are the connecting components, which are 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 data without loss and are designed to carry maximum bandwidth with higher transfer rate.

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The AV Cables for Residential market report provide a 360-degree overview of AV Cables for Residential industry that helps you to identify and define the opportunity and problems in the market. The report support you to generate, evaluate, and refine the marketing actions, monitoring the market performance, and improve understanding of the factors that drive and restrain the market.

The market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The demand for AV cables in the residential sector is expected to increase rapidly during the forecast period, owing to various factors such as surge in usage of audio video devices, increase in demand for 4K/UHD televisions, and rise in penetration of miniature multimedia devices. However, growth in adoption of wireless streaming platform hampers the market growth. Conversely, advancement in HDMI cable for higher bandwidth applications coupled with display technology and growth in the multimedia & entertainment industry in emerging economies is projected to offer remunerative opportunities to the market.

The market is segmented into type, component, cable category, and region. On the basis of type, it is categorized into HDMI, RCA, DVI, VGA, and others. By component, it is bifurcated into connectors and adapters. The cable category segment includes copper cable, fiber optics, and coaxial cable. The copper cable market is subsegmented into CAT3, CAT5, CAT5E, CAT6, CAT6A, and CAT7. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The following are the market factors covered in this report:

The research covers the major strategic market developments, such as R&D, M&A, agreements, new product launches, collaborations, partnerships, joint ventures, and regional expansion of the major rivals operating in the market on a national and international level.

Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.

Analysis’s Key Market Indicators & Method

Using a variety of analytical methodologies, the study uses in-depth research and evaluation to present information on the leading market players and their position within the industry. Analytical techniques, such as Porter’s five forces analysis, feasibility studies, SWOT analyses, and ROI analyses have been used to examine the development of the major market players.

Key Questions Answered in the Market Report

What will the market size be in 2030 and what will the growth rate be? What are the main trends that are positively impacting the growth of the market? What growth strategies are the players considering to stay in the market? Which regional market will emerge as a pioneer in the years to come? Which application segment will experience strong growth? Who are the key suppliers in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?

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