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AV Receiver Market

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2 years ago

AV Receiver Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Channel (channel 5, channel 7, channel 9, and others) Application (Residential and commercial).

The AV Receiver Market is projected to reach US$ 2,616.44 million by 2028 from US$ 1,999.88 million in 2021; it is expected to grow at a CAGR of 3.9% from 2021 to 2028.

 

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...

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AV Receiver Market

The AV Receiver Market is expected to grow at a steady pace over the forecasted time period. AV Receivers are device components used as amplifiers to receive audio and video signals from various sources. 

 

The increase in disposable income globally will be a primary driving factor of the market as home theatre, audio systems, TV, and gaming console purchases continue to rise.

 

The commercial market for AV Receivers is also expected to grow with the rise of entertainment system purchases globally. Available alternates and high prices of advanced AV Receivers could hamper the market's growth.

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