New York, July 04, 2023 (GLOBE NEWSWIRE) — As per the analysis report “International AV Receiver Market” revealed by Consegic Enterprise Intelligence, the market was price USD 2,027.89 Million in 2022 and is anticipated to achieve over USD 2,763.59 Million by the 12 months 2030, rising at a CAGR of 4.0%.
An Audio-Video (AV) receiver is a central element of a house theater that acts as a management system for varied audio and video sources. The most important perform of an AV receiver is to course of and amplify audio alerts from totally different sources and to route video alerts to a linked show (TV or projector). Moreover, the AV receiver options a number of audio and video inputs, permitting customers to attach varied gadgets concurrently. The receiver then decodes and amplifies the audio alerts, by sending the alerts to the linked audio system.
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The growing demand of AV receiver to supply high-resolution audio with premium sound high quality serves as the key issue liable for driving the expansion of the market. Moreover, the developments in know-how together with the emergence of capacitive touchscreen sensors that provide increased brightness, distinction, and crisp particulars to reinforce the person expertise can also be driving the market development. Furthermore, the presence of choke coil improves the functioning of the bass and eliminates the undesirable frequency vary to supply immersive sound to the customers. For example, in Could 2023, Sony Electronics launched XAV-9000ES a sophisticated AV receiver for vehicles with a 6.75 inch HD1280x720 capacitive touchscreen. The product additionally encompasses a choke coil function and audiophile-grade capacitors to ship clear and seamless sound to the buyer.
Furthermore, the rising gaming market is anticipated to create potential alternatives for the expansion of the AV receiver market. Avid gamers prioritize immersive and high-quality audio experiences to reinforce the gameplay and AV receiver with superior audio processing capabilities present a extra immersive and reasonable gaming expertise. Nevertheless, the emergence of wi-fi audio options together with Bluetooth and Wi-Fi audio system is restraining the expansion of the AV receiver market.
| Report Attributes | Report Particulars |
| Market Measurement By 2030 | USD 2,763.59 Million |
| Forecast Interval | 2023-2030 |
| CAGR (2023-2030) | 4.0% |
| Base Yr | 2022 |
| Examine Timeline | 2017-2030 |
| Key Gamers | Anthem AV Options Restricted, Arcam AB, Cambridge Audio, D+M Group, Harman Kardon, Highlander Companions, L.P., Inkel Company, LG Electronics, Masimo Company, McIntosh Laboratory, Inc., NAD Electronics, Onkyo Company (Pioneer), Sony Electronics Inc. |
| By Channel | Channel 5.1 & 5.2, Channel 7.1 & 7.2, Channel 9.2, and Others |
| By Utility | Residential and Business |
| Report Protection | Firm Rating and Market Share, Progress Elements, Whole Income Forecast, Regional Aggressive Panorama, Enterprise Methods, and extra |
| By Area | North America, Europe, Asia-Pacific, Latin America, Center East & Africa |
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AV Receiver Market Progress Drivers:
- Growing demand for AV receiver in dwelling theater methods for audio processing and amplification is driving the expansion of the market.
- Developments in know-how together with the emergence of Dolby Atmos and DTS:X to supply premium sound-quality is propelling the market development.
- Emergence of capacitive touchscreen sensors that provide increased brightness, distinction, and crisp particulars to reinforce the person expertise can also be driving the market development.
Restraints
- Rising recognition of wi-fi audio options together with Bluetooth and Wi-Fi audio system is restraining the expansion of the AV receiver market.
- Emergence of sensible TV with built-in audio processing methods is hampering the expansion of the AV receiver market.
Alternatives
- Rising gaming market is anticipated to create future alternatives for the expansion of the AV receiver market as players prioritize immersive and high-quality audio experiences to reinforce the gameplay.
International AV Receiver Market Segmentation Particulars:
Primarily based on Channel, the 7.1 & 7.2 phase contributed the most important shares to the market development in 2022 because the 7.1 & 7.2 channel phase maintains a steadiness between audio efficiency and affordability. Moreover, the channel 7.1 & 7.2 AV receiver presents a extra immersive audio expertise in comparison with decrease channel configurations together with channel 5. Moreover, the adoption of superior audio applied sciences together with Dolby Atmos and DTS:X to assist a 7-channel setup for delivering high-quality audio can also be contributing considerably in accelerating the market development.
Primarily based on Utility, the residential phase presents substantial shares to the worldwide AV receiver market within the 12 months 2022. The expansion is attributed to the massive client base that actively seeks high-quality audio experiences in properties. Moreover, customers prioritize creating immersive dwelling theater setups to reinforce the lounge leisure methods. Furthermore, the rising development of on-line video streaming platforms and pay TV can also be growing the adoption of AV receiver to recreate cinematic experiences at dwelling with premium audio high quality.
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Primarily based on areaNorth America has been a significant contributor to the expansion of the AV receiver market owing to the developments in know-how together with Dolby Atmos and DTS:X that will increase the demand of AC receiver within the area to ship high-quality sound. Furthermore, the emergence of cutting-edge know-how additionally will increase the adoption of AV receiver to reinforce the person expertise, additional contributing significantly in propelling the market development within the area. Moreover, the presence of key gamers within the area consistently applies improvements and invests closely in analysis and growth to launch modern merchandise with superior applied sciences. Consequently, the presence of key gamers and technological developments function main elements liable for driving the expansion of the AV receiver market within the area.
Key Market Highlights
- Globally, AV receiver is split primarily based on the channel into channel 5.1 & 5.2, channel 7.1 & 7.2, channel 9.2, and others.
- The applying phase is assessed into residential and industrial.
- The market is geographically divided into 5 areas: North America, Europe, Asia-Pacific, Latin America, and Center East and Africa.
- Asia Pacific and North America are estimated to assist the market development throughout the forecast interval by way of the massive presence of market gamers mixed with excessive expenditures on technological developments in AV receiver.
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Listing of Main International AV Receiver Market Gamers
The market analysis report examines varied market elements to find out the important thing drivers, limitations, and alternatives affecting market gamers. The report features a SWOT evaluation, regional evaluation, and phase evaluation to provide a whole view of the market state of affairs. This analysis helps to establish attainable development alternatives by way of the implementation of know-how, product utilization, enterprise methods, and the launch of latest merchandise. The next are main market gamers working available in the market atmosphere —
- Anthem AV Options Restricted
- Ark AB
- Cambridge Audio
- D+M Group
- Harman Kardon
- Highlander Companions, L.P.
- Inkel Company
- LG Electronics
- Masimo Company
- McIntosh Laboratory, Inc.
- NAD Electronics
- Onkyo Company (Pioneer)
- Sony Electronics Inc.
International AV Receiver Market Segmentation:
- By Channel
- Channel 5.1 & 5.2
- Channel 7.1 & 7.2
- Channel 9.2
- Others
- By Utility
Current Improvement:-
- In June 2022, Highlander Companions, L.P. acquired McIntosh Group to broaden its market portfolio in client audio know-how.
- In July 2020, Analog Units acquired HDMI Enterprise from INVECAS to enhance its audio and video options market portfolio together with AV receiver.
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Key Questions Lined within the AV Receiver Market Report
- What would be the potential market valuation for the AV receiver market by 2030?
– The market valuation for the AV Receiver trade is anticipated to be roughly USD 2,763.59 Million by 2030, owing to the growing demand of AV receiver in dwelling theater methods for audio processing and amplification.
- Primarily based on present market traits and future predictions, which geographical area could have the most important influence on the AV receiver market’s development within the coming years?
– Asia Pacific is anticipated to witness the quickest CAGR throughout the forecast interval as a result of growing web penetration and the adoption of digital streaming companies.
- What particular segmentation particulars are lined within the AV receiver market report, and the way is the dominating phase impacting the market development?
– The residential phase dominated the market in 2022 because the phase represents a big client base that actively seeks high-quality audio experiences in properties. Moreover, customers prioritize creating immersive dwelling theater setups to reinforce the lounge leisure methods that elevate the demand for AV receiver.
- What particular segmentation particulars are lined within the AV Receiver market report, and the way is the quickest phase anticipated to influence the market development?
– The 9.2 channel will register the quickest CAGR throughout the forecast interval owing to the power of 9.2 channel AV receiver to supply a extra immersive and detailed audio expertise in comparison with lower-channel configurations.
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