South Korea AV Cables for Residential Market Trends and Forecast 2030: Growth & Market Size

The South Korea AV Cables for Residential Market size was valued at around USD 29.29 million in 2024 and is projected to reach USD 32.34 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.43% during the forecast period, i.e., 2025-30.                       

South Korea AV Cables for Residential Market Driver:

Increasing Adoption of Smart Home Technology – The integration of smart technology in home appliances is evolving the residential sector of South Korea. It is observed due to the increasing adoption of electronic devices, digitalization of the sectors, growing high-speed internet services, advancements in technology, government support, etc.

The increasing integration of technologies like AI, Cloud, Industrial Internet of Things (IIoT) in home appliances like refrigerators, dishwashers, televisions, gaming consoles, smart security systems, etc., has led to an increase in the need for AV cables for the efficient functionality of these smart home appliances. The electronic service providers like Samsung, LG, Coway, and others have initiated the AI and IIoT-powered appliances and services, leading to a rise in the sale of these devices. In mid-2023, Samsung launched its wide range of AI-driven home appliances and rolled out the SmartThings Pro platform, leading to a spike of around 16.2% in 2024 from the previous year, accounting for over USD221 million, with South Korea contributing around 15-20% in the sales. Similarly, other manufacturers noted a surge in revenue amid the integration of advanced technologies in home appliances; thus, the increasing sales raise the consumption of AV cables in the residential sector of South Korea.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

 

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South Korea AV Cables for Residential Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

  • By Product Type
    • HDMI Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • RCA Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Optical (Toslink) Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Coaxial Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Component Video Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • DisplayPort Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • USB-C AV Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • SCART Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Composite Video Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Fiber Optic AV Cables – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Others (VGA, S-Video, etc.) – Market Size & Forecast 2025-2030, USD Million & Million Units
  • By Application
    • Television & Home Theater Systems – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Audio Systems & Soundbars – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Gaming Consoles – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Computers & Laptops – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Streaming Devices – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Others (Projectors, Set-Top Boxes, etc.) – Market Size & Forecast 2025-2030, USD Million & Million Units
  • By Packaging Type
    • Single Cable Packaging – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Multi-Packaging – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Bulk Packaging – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Others – Market Size & Forecast 2025-2030, USD Million & Million Units
  • By Distribution Channel
    • Retail Offline – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Electronics Stores – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Hypermarkets/Supermarkets – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Department Stores – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Specialty AV Stores – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Others – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Retail E-Commerce – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Brand Websites – Market Size & Forecast 2025-2030, USD Million & Million Units
      • Third-Party Platforms – Market Size & Forecast 2025-2030, USD Million & Million Units
  • By End-User
    • Individual– Market Size & Forecast 2025-2030, USD Million & Million Units
    • Commercial (Apartment Complexes, Residential Developers) – Market Size & Forecast 2025-2030, USD Million & Million Units
    • Others – Market Size & Forecast 2025-2030, USD Million & Million Units

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Samsung Electronics Co., Ltd., LG Electronics Inc., LS Cable & System Ltd., Kumho Electric Co., Ltd., Belkin International (South Korea), Monoprice (South Korea), Sony Korea, Panasonic Korea, C2G (Cables To Go), Tripp Lite (Eaton), and others

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