The AV receiver market is driven by rapid advancements in home audio technology and rising demand for high-quality audio systems. The demand for home theater systems and AV receiver has increased due to technological trends, such as the digital living room. The rising necessity for AV receivers is also associated with reduced prices of home theaters across the globe. Low-cost alternatives pose a threat to the home audio device industry, thereby restricting the growth of the global AV receiver market.
Sony Corporation, Onkyo Corporation, Sound United, Yamaha Corporation, and Paradigm Electronics – Prominent Market Participants in AV Receiver Market
The increasing disposable income of the global population influences the spending on home theaters from the residential sector. Moreover, smart systems have experienced a rise over the years for efficient and wireless connectivity of devices. Manufacturers of modern home cinema receivers are integrating a range of technologies, such as 8K video, Dolby Atmos, Wi-Fi music streaming, and high-quality audio with their product offerings. For instance, the Yamaha RX-V6A offers a fresh design with easy control panels and optimum sound quality. The system is integrated with the latest connectivity technologies, such as Wi-Fi, AirPlay 2, Spotify, Bluetooth, and Yamaha’s MusicCast system, for efficient and hassle-free streaming from any device. Similarly, the Onkyo TX-NR6100 offers a wide streaming selection format, such as built-in Chromecast, DTS Play-Fi, Spotify, AirPlay, and Bluetooth. The rising demand for wireless connectivity for AV receivers would influence the demand for wireless technology integrated systems, which is expected to fuel the growth of the global AV (audio/video) receiver market during the forecast period.
Sony Corporation, Onkyo Corporation, Sound United, Yamaha Corporation, and Paradigm Electronics are some of the key market players operating in the global AV receiver market. The listing of key players is derived by considering multiple factors such as overall revenue, current AV receiver product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the AV receiver ecosystems which were studies analyzed during this market research study, such as Arcam, Marantz, Pyle Audio, NAD Electronics, Anthem, and Audio Control Inc. Most of the market initiatives were observed in North America region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | Development | Region |
| 2021 | Sony Electronics Inc. has introduced the new XAV-AX3200 vehicle AV media receiver, which has audio solid and smart connections to improve the in-car entertainment experience. | North America |
| 2021 | ARCAM announced the launch AVR5. The AVR5 is the entry-level receiver in Arcam’s HDA range. | North America |
