Having had an opportunity to test Pioneer VSX-532 vs Denon AVR-X3700H, I’d like to share my impression here to facilitate your choice of a new AV receiver.
The number of channels for receivers is different - 5.1 versus 9.2, respectively, for devices. In terms of power, there are differences, the VSX-532 has such a ratio W/Ohm - 80/8, 150/6, while the AVR-X3700H has a power of 105/8, 135/6. A common feature for devices is the same total harmonic distortion - 0.08%. Each of the compared opponents supports Bi-amping. Both Pioneer VSX-532 and Denon AVR-X3700H can transmit an audio signal directly to the amplifier and bypasses any DSP processing. Each of the receivers has a Bluetooth connector. The AVR-X3700H has access to the Spotify service.
The HDR10 function is present in each of the rivals. Signaling over HDMI in standby mode can provide the VSX-532 and the AVR-X3700H. Video scaling is only possible with the AVR-X3700H. Operation with the Dolby Vision is only possible with the AVR-X3700H.
The number of HDMI inputs/outputs varies depending on the receiver, the VSX-532 has 4/1, and the AVR-X3700H has 7/3. HDMI Audio Return Channel is implemented in both devices. HDMI eARC is only supported by the AVR-X3700H. When comparing receivers, it becomes clear that each of the rivals can work with HDMI CEC. The VSX-532 has support for the standard HDCP 2.2, compared to the AVR-X3700H, which supports the standard HDCP 2.3. In the presence of a built-in phono stage for connecting a vinyl player only at Denon AVR-X3700H. There is an ECO mode in either AV receiver. The Denon AVR-X3700H can be properly configured using the setup assistant.
A Dolby Atmos multichannel audio format is available only in the AVR-X3700H. Only in the AVR-X3700H realized a DTS:X surround technology.