Energy Recovery Ventilator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1534 | Report Format : | Status : Upcoming |

Abstract

Global Energy Recovery Ventilator Market: Overview

Energy recovery ventilator (ERV) is installed in places where high concentrations of people are present and there is a need for sufficient fresh air. It helps in lowering the utility expenses and recover energy in the building. Energy recovery ventilator allows fresh air into the building, lowers the CO2 levels, and keeps the residents healthy and alert. It also assists in controlling odors, where the stale air is exhausted out and fresh air is permitted inside the building. It equalizes the pressure by allowing fresh air into the building and the conditioned air is exhausted out. Energy recovery ventilator maintains cool energy in the summer and warm energy in the winter. It reduces the total HVAC equipment capacity and improves indoor air quality. Energy recovery ventilator offers benefits such as meeting the energy standards and ASHRAE ventilation.

Global Energy Recovery Ventilator Market: Growth Factors

Growing awareness among people regarding indoor environmental quality is driving the global energy recovery ventilator market growth. Energy recovery ventilator offers benefits such as it enhances internal air quality without consuming much energy. Increasing government investments on the research and development activities and the product differentiation in energy recovery ventilator opens up new growth opportunities. It is used in various applications such as residential, commercial, and industrial sectors. Conversely, the high cost that is associated with these ventilators may restrain the global energy recovery ventilator market growth to some extent.

Global Energy Recovery Ventilator Market: Segmentation

The application segment of the energy recovery ventilator market is classified into residential, commercial, industrial, and others. The industrial sector is the largest among others in the energy recovery ventilator market. The changing inclination in the industrial sector towards employee welfare and working conditions has resulted in the dominance of the segment. Based on technology, the global market is fragmented into a run-around coil, rotary heat exchange, heat pipe heat exchanger, plate heat exchange, and others. The geographical segmentation includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Energy Recovery Ventilator Market: Regional Analysis

North America dominates the market owing to the presence of a pool of energy recovery ventilator manufacturers and the high adoption rate is expected to drive the global energy recovery ventilator market. Imposition of the various norms and policies regarding air quality management anticipates boosting the global market growth in this region. Growing concerns regarding the greenhouse gas emissions, favorable economic growth in the US, and the increasing government support through federal tax credit projects to propel the market in various applications across several sectors such as commercial and residential. Europe is emerging as a potential market for energy recovery ventilator. Rising demand, increasing population, and the increase in the disposal income in the Asia Pacific region motives the growth of the market in the coming years.

Global Energy Recovery Ventilator Market: Competitive Players

The major participant’s that are operating in the global energy recovery ventilator market includes Airxchange Inc., United Technologies Corp., Blue Star Ltd., Nortek Inc., LG Electronics., Johnson Controls International Plc., Fujitsu Ltd., Mitsubishi Electric Corp. Ltd., Munters Corp., and Daikin industries Ltd.

Global Energy Recovery Ventilator Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Oilfield Services Market (Pressure Pumping Services, Oil Country Tubular Goods, Wireline Services, Well Completion Equipment & Services, Well Intervention Services, Drilling & Completion Fluid Services, and Coiled Tubing Services) for Offshore and Onshore Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022

Aug-2017 | Price : $ 4199.00 | Pages: 167 | Report Code: ZMR-2087 | Report Format:

The report covers forecast and analysis for the oilfield services market on a global and regional level. The study provides historic data of 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the oilfield services mark...Read More

Solar Panels Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2074 | Report Format:

Solar Panels Market: Overview The solar panel consists of a panel which is used to absorb the rays of the sun for the storage of the energy. This stored energy can be used for heating and generate electricity. As the sun is a non-conventional resource of energy thus it reduces the electricity th...Read More

Lithium Air Batteries Market By Types, Conventional Lithium Air Batteries and Nano Lithium Air Batteries for Applications: Electronics, Electric Cars, and Grid Backup): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Aug-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2039 | Report Format:

The report covers forecast and analysis for the lithium air batteries market on a global and regional level. The study provides historic data of 2014, 2015, and 2016 along with a forecast from 2017 to 2022 based on revenue (USD million). The study includes drivers and restraints for the lithium ai...Read More

Switchgear Market (By Voltage: Low Voltage, Medium Voltage, and High Voltage; By Insulation: Air, Gas, Oil, and Vacuum; and By End Users: Utilities, Industrial, and Residential & Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Aug-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2027 | Report Format:

The report covers forecast and analysis for the switchgear market on a global and regional level. The study provides historic data of 2014 -2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the switchgear market along with th...Read More

Green Cooling Technologies Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1944 | Report Format:

Global Green Cooling Technologies Market: Overview The increasing population, the increased requirement for advanced technological methods, and the rise in the demand for the equipment that aids in the decrease of greenhouse gas emission are helping in saving a noteworthy amount of energy. The m...Read More

Choose License Type:
Latest Published Reports

View All Published Reports