Energy Recovery Ventilator Market: By Type, By Industry, By Product Type, By Application, By Geography - Forecast (2018-2023)

Report Code : CMR 0702 Format Type: PDF+ Excel Database

The global Energy Recovery Ventilator market is projected to rise with a CAGR of 8% during 2018-2023.  

The growing concerns for pollution and the rising cost of energy has affected the demand for energy recovery ventilators. The North American region will dominate the demand for energy recovery ventilators as there is a growing population in the region, and the subsequent rising construction. It will be closely followed by the Asian region, which consists of India and China that is also undergoing rising construction to accommodate the population.

What is an Energy Recovery Ventilator?
Energy Recovery Ventilators are units that recover energy from indoor supply air to outdoor supply air so that the owners of buildings, whether residential or commercial, can reduce costs. Energy Recovery Ventilators can be used in a variety of locations whether it is a classroom, restaurant or home. These systems have become a staple part of HVAC systems.

What are the applications of Energy Recovery Ventilator?
Energy Recovery Ventilator are of various types such as Rotary Heat Exchanger, Plate Heat Exchanger, Heat-Pipe Exchanger, runaround Coils, Thermosiphon, Twin towers and others. They are mostly used in Commercial Buildings, Residential Buildings, Public Infrastructure, Industrial Facilities, Healthcare Institutions, Educational Institutions and others.



Market Research and Market Trends:
  • US Tariffs on steel and aluminum and steel will affect the production of all HVAC products. The prices of the products could rise as manufacturers sought to cover the increased cost of manufacturing, although the demand is not expected to be affected as these ventilators have numerous benefits.
  • The EU has sought out to improve energy savings by 20% by 2020 and in order to do this, by imposing regulations on various industries. Consumers will also sought to reduce their energy consumption as a result, and help in combatting pollution.
  • Energy Enforcement Regulations in 2009 and more such reforms are pushing manufacturers to develop more energy efficient devices, so that the rate of pollution can be subdued. More such regulations will keep manufacturers in check to deliver such devices and energy recovery ventilator manufacturers will be encouraged.

Who are the key players in the Energy Recovery Ventilator market?
The key players in the Energy Recovery Ventilator market are Johnson Controls, Mitsubishi Electric, Panasonic, Nortek Air Solutions, Carrier Corporation, Munters, Lennox Residential, LG, Daikin, Zehnder America, Fujitsu General, Greenheck and various other companies.

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 

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