Channel 7 Segment to Dominate SAM AV Receiver Market during 2020–2028      

According to a new market research study on “SAM AV Receiver Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Channel and Application” is expected to reach US$ 54.97 million by 2028 from 47.83 US$ million in 2021. The market is estimated to grow at a CAGR of 2.0% from 2021 to 2028. The report provides trends prevailing in the SAM AV receiver market along with the drivers and restraints pertaining to the market growth. Rising adoption of smart TVs and home theaters is the major factor driving the growth of the SAM AV receiver market. However, issues associated with limited adoption of AV receivers across developing & underdeveloped countries hinders the growth of SAM AV receiver market.

SAM AV receiver market is segmented into channel and application, and country. Based on channel, the global AV receiver market is sub-segmented into channel 5, channel 7, channel 9, and others. The Channel 7 segment accounted for the highest share in the SAM AV receiver market in 2020. Based on application, the AV receiver market is segmented into residential and commercial. The residential segment accounted for the highest share the SAM AV receiver market in 2020. Based on country, the SAM AV receiver market is segmented into Brazil. Argentina, and rest of SAM. Brazil held the largest market share in 2020.

Arcam, LG Electronics, Marantz, NAD Electronics, Onkyo Corporation, Pyle Audio, Sony Corporation, and Yamaha Corporation are among the leading companies in the SAM AV receiver market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 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.  
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