• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring
  • News
  • Products
    • Overview
    • Distribution by PR Newswire
    • Cision Communications Cloud®
    • Cision IR
    • All Products
  • Contact
    • General Inquiries
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases
      • All News Releases
      • All Public Company
      • English-only


      • News Releases Overview
      • Multimedia Gallery
      • All Multimedia
      • All Photos
      • All Videos


      • Multimedia Gallery Overview
      • Trending Topics
      • All Trending Topics


  • Business & Money
      • Auto & Transportation
      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation


      • Auto & Transportation Overview
      • Business Technology
      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors


      • Business Technology Overview
      • Entertain­ment & Media
      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television


      • Entertain­ment & Media Overview
      • Financial Services & Investing
      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Stock Offering
      • Stock Split
      • Venture Capital


      • Financial Services & Investing Overview
      • General Business
      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News


      • General Business Overview
  • Science & Tech
      • Consumer Technology
      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications


      • Consumer Technology Overview
      • Energy & Natural Resources
      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities


      • Energy & Natural Resources Overview
      • Environ­ment
      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters


      • Environ­ment Overview
      • Heavy Industry & Manufacturing
      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco


      • Heavy Industry & Manufacturing Overview
      • Telecomm­unications
      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications


      • Telecomm­unications Overview
  • Lifestyle & Health
      • Consumer Products & Retail
      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys


      • Consumer Products & Retail Overview
      • Entertain­ment & Media
      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television


      • Entertain­ment & Media Overview
      • Health
      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine


      • Health Overview
      • Sports
      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories


      • Sports Overview
      • Travel
      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry


      • Travel Overview
  • Policy & Public Interest
      • Policy & Public Interest
      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy


      • Policy & Public Interest Overview
  • People & Culture
      • People & Culture
      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women


      • People & Culture Overview
      • In-Language News

      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO

      Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Policy & Public Interest
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • People & Culture
    • People & Culture
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

The global pro AV cables market is estimated to reach revenues of approximately $2 billion by 2024


News provided by

ReportBuyer

Nov 27, 2018, 20:05 ET

Share this article


LONDON, Nov. 27, 2018 /PRNewswire/ --

The global pro AV cables market is estimated to reach revenues of approximately $2 billion by 2024, growing at a CAGR of over 4% during 2018-2024.

Download the full report: https://www.reportbuyer.com/product/5628213

The development of high-quality products that offer ease of usage, connectivity, design, sensor technology, and signal transmission will enable vendors to gain a larger global market share. The rise in the number of concerts, live performances, music festivals, exhibitions, and trade-fairs will also lead to the demand for pro AV cables over the next few years.The global pro AV cables market is driven by the booming commercial real estate, hospitality, corporate, and music industries. The futuristic inventions in the wireless digital technology and growth in the complementary digital technologies will create lucrative opportunities for vendors operating in the global market. The market research report provides in-depth market analysis and segmental analysis of the global pro AV cables market by product type, application, end-user, distribution channel, and geography.

The study considers the present scenario of the global pro AV cables market and its market dynamics for the period 2019?2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global pro AV cables market.

Pro AV Cables Market - Dynamics

The emergence of networked audio technology or simply audio networking is propelling the growth of the global pro AV cables market.Audio networking involves digital audio distribution using Cat5 and Cat6 ethernet connectivity of the computer networks, thus, gaining the name "Audio over Internet Protocol (AoIP)." The use of Ethernet connectivity saved the audio industry from the tiresome process of developing new hardware required to transport multiple channels of digital audio. The convergence of Pro AV and IoT will revolutionize the global pro AV cables market.With rising internet penetration globally, devices are becoming more digitized, and the industries are taking notice of the same. Several vendors are exploring ways of using IoT to streamline manufacturing processes and SPM (supply chain management) as well as to deliver more personalized customer experience in the global market. Smart devices collect, analyze, and share real-time data with vendors so as to give insights into end-users' preferences. The exponential growth of the live performance and music industry is driving sales in the global pro AV cables market.Pro AV solutions such as lighting systems, along with the associated sound reinforcement systems are the heart and soul of the live music industry globally.An increasing corporate sponsorship for music tours, venues, and events is also contributing to the market growth.

Pro AV Cables Market - Segmentation

This market research report includes a detailed segmentation of the market by product type, application, end-user, distribution channel, and geography.The market by product type is segmented into audio & video cords, power cords, DMX cords, ethernet cords, instrument cords, multicore cord, and other cords. Audio and video cords dominated the largest market share in 2018, growing at a CAGR of over 4% during the forecast period. The growing demand for bulk cords that can be customized as per the end user's requirement is propelling the growth of this segment in the global market.Premade cables such as USB, HDMI, BNC video cables, and studio loom cables among other find their usage across industries. Multicore cables include multiple all-in-one cables for data, power, coaxial, and AV cores in the global market.

The application segment in the global pro AV cables market is classified into AV acquisition conferencing & delivery, sound reinforcement, lighting & lighting control, signal management, and data transfer. AV acquisition conferencing & delivery application is the fastest growing segment in the global market, at a CAGR of over 5% during the forecast period. The emergence of new technologies, the adoption of sustainable policies, rapid developments in the emerging regions, and changing consumer preferences are some of the factors attributing to the growth of this segment in the global market. The growing demand for sound reinforcement products such as microphones, loudspeakers, audio mixers, audio signal processors, and power amplifiers worldwide will drive the growth of the global pro AV cables market.The advent of DMX along with technological advancements have allowed miniaturization of electronic technologies and fueling the revenues in the lighting and lighting control segment.

The global pro AV cables market by end-user type is categorized into large venues & events, corporates, educational institutes, government & military, studio & broadcasting, hospitality, and other. Large venues& events occupied more than 1/3rd of the total market share in 2018, growing at a CAGR of more than 4% during the forecast period. The increasing construction of new House of Worships, stadiums, and arenas, and theme parks are augmenting the growth of this segment. Growth of the studio and broadcasting segment that includes music production, post production, and recording venues, TV, radio, and other broadcasting studios will create lucrative opportunities for vendors in the global market. The distribution channel segment in the global pro AV cables market is categorized into retail and online. The online stores are the fastest growing segment in the global market, at a CAGR of approximately 15% during the forecast period.AV system integrators, pro audio and electronics stores, and pro audio dealers and distributors are the largest revenue generators in the global pro AV cables market.
Market Segmentation by Product Type
• Audio & Video Cords
• Power Cords
• Dmx Cords
• Ethernet Cords
• Instrument Cords
• Multicore Cord
• Other Cords
Market Segmentation by Application
• AV Acquisition Conferencing & Delivery
• Sound Reinforcement
• Lighting & Lighting Control
• Signal Management
• Data Transfer
Market Segmentation by End-User
• Large Venues & Events
• Corporates
• Educational Institutes
• Government & Military
• Studio & Broadcasting
• Hospitality
• Other
Market Segmentation by Distribution Channel
• Retail
o AV System Integrators
o Pro AV Dealers & Distributors
o Pro AV Electronic Stores
• Online

Pro AV Cables Market - Geography

The market by geography is divided into APAC, Europe, North America, Latin America, and MEA. APAC dominated more than 1/3rd of the total market share in 2018, growing at a CAGR of around 4% during the forecast period. The increasing government initiative to promote digitalized economy is driving the growth of the APAC region.The increasing need to replacement and upgrading of legacy systems across the North American region will drive the demand in the global market. The UK, Germany, and France are the largest revenue generators in the European market. Large events such as the 2020 Dubai Expo in the UAE and 2022 FIFA World Cup in Qatar will encourage vendors to expand to the MEA region in the global pro AV cables market.

Market Segmentation by Geography
• APAC
o China & SAR
o Japan
o Australia
o South Korea
o India
o Indonesia
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Switzerland
o Russia
o Benelux
o Scandinavia
• Latin America
o Brazil
o Mexico
o Argentina
• MEA
o Saudi Arabia
o UAE
o South Africa
o Maghreb Region

Key Vendor Analysis
The global pro AV cables market is highly fragmented due to the presence of various international and regional players. The increasing focus to alter and refine the players' unique value proposition is intensifying competition in the market. The leading vendors are using new business models and developing a diverse product portfolio to sustain the competition in the global market. The rising number of product/service extensions, technological innovations, and M&A activities will encourage companies to expand to emerging nations. The players are introducing innovative and advanced solutions to attract a maximum number of consumers in the global pro AV cables market.

The major vendors in the global market are:
• Belden
• CORDIAL
• HARMAN International (Samsung)
• Southwire Company

Other prominent vendors include AFL, Amphenol Corporation, AV Supply Group, CommScope, Eurocable, Extron Electronics, General Cables, Hitachi Cables, Keystone Cables, Legrand, Liberty AV, Nexans, SAB Bröckskes, Sanyo Denko, Siemon, Sommer Cable, Vivolink, and Yamaha Corporation.

Key market insights include
1. The analysis of global pro AV cables market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global pro AV cables market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of global pro AV cables market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

Download the full report: https://www.reportbuyer.com/product/5628213

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com

SOURCE ReportBuyer

Related Links

http://www.reportbuyer.com

Modal title

    Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
    • General Inquiries
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices

    Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

    About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement

    • Asia
    • Brazil
    • Canada
    • Czech
    • Denmark
    • Finland
    • France
    • Germany
    • India
    • Israel
    • Italy
    • Mexico
    • Middle East
    • Netherlands
    • Norway
    • Poland
    • Portugal
    • Russia
    • Slovakia
    • Spain
    • Sweden
    • United Kingdom

    My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision


Products


About


My Services
  • All News Releases
  • Online Member Center
  • ProfNet℠
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2021 Cision US Inc.