According to a new market analysis by Reed Intelligence, the global AV (audio-video) receiver market is projected to expand at a compound annual growth rate (CAGR) of 2.6% from 2023 to 2031. The base year for the study is 2023, with forecasts extending through 2031.

Key Highlights

The global AV receiver market is growing at a CAGR of 2.6% between 2023 and 2031.

Largest region: North America remains the dominant regional market.

Fastest-growing region: Asia-Pacific is expected to grow strongly, reflecting rising demand for smart home audio and home theater systems.

Largest segment by type: The 5.1 & 5.2 sound-channel configuration is the largest in terms of market share.

Fastest-growing segment by type: Higher-channel systems (such as 9.2 channels) are expected to grow more rapidly due to increasing demand for immersive, multi-room, or high performance audio.

Market Dynamics

The growth of the AV receiver market is being propelled by several overlapping trends. First, increasing consumer demand for home entertainment is fueling sales as streaming platforms proliferate and more households invest in cinematic and immersive audio experiences, AV receivers are becoming central components of home theaters. Consumers are also gravitating toward connected homes: the integration of voice assistants, multi-room audio solutions, and AI-enhanced sound tuning is making AV receivers more intelligent and versatile.

However, the market faces notable headwinds. Installation complexity and steep learning curves for high-channel systems (e.g., 7.1, 9.2) can deter average consumers who may not have the technical expertise or desire to configure sophisticated setups. Additionally, price sensitivity is a restraint — premium AV receivers with advanced features (multi-zone, object-based surround sound) command higher price points, limiting adoption in more cost-conscious segments.

On the opportunity front, there is strong potential in emerging markets, especially in Asia-Pacific, as disposable incomes rise and smart-home infrastructure deepens. Also, product innovation — such as voice-assistant integration, object-based surround (like Dolby Atmos), and personalized sound profiles — represents a significant lever for market players to tap into untapped customer bases.

Top Market Players

Some of the leading companies featured in the report include:

Sony

Yamaha

Onkyo (Pioneer)

D+M Group (Sound United)

LG Electronics

Harman Kardon

Inkel Corporation

THEM

Rotel

Anthem AV Solutions Limited

Pyle

Cambridge Audio

The ark

Market Segmentation

The report segments the global AV receiver market as follows:

By Type:

5.1 & 5.2 sound channels

7.1 & 7.2 sound channels

9.2 sound channels

Others

By Application:

Residential

Commercial

By Region:

North America

Europe

Asia Pacific

LAMEA (Latin America, Middle East & Africa)

About Reed Intelligence

Reed Intelligence is a research and advisory firm providing in-depth market analysis across technology sectors. Their Global AV Receiver Market report delivers a detailed breakdown of market size, trends, segmental growth, regional dynamics, and competitive landscape.