Global Energy Recovery Ventilators (ERV) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Energy Recovery Ventilators (ERV) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Energy Recovery Ventilators (ERV) market size was valued at USD 3513.9 million in 2023 and is forecast to a readjusted size of USD 6315.9 million by 2030 with a CAGR of 8.7% during review period.

An energy recovery ventilator (also abbreviated ERV) is a type of air-to-air heat exchanger that not only transfers sensible heat but also latent heat. Because both temperature and moisture are transferred, ERVs can be considered total enthalpic devices.

Energy recovery ventilation (ERV) is the energy recovery process of exchanging the energy contained in normally exhausted building or space air and using it to treat (precondition) the incoming outdoor ventilation air in residential and commercial HVAC systems. During the warmer seasons, the system pre-cools and dehumidifies while humidifying and pre-heating in the cooler seasons. The benefit of using energy recovery is the ability to meet the ASHRAE ventilation & energy standards, while improving indoor air quality and reducing total HVAC equipment capacity.

This technology has not only demonstrated an effective means of reducing energy cost and heating and cooling loads, but has allowed for the scaling down of equipment. Additionally, this system will allow for the indoor environment to maintain a relative humidity of 40% to 50%. This range can be maintained under essentially all conditions. The only energy penalty is the power needed for the blower to overcome the pressure drop in the system.

The Global Info Research report includes an overview of the development of the Energy Recovery Ventilators (ERV) industry chain, the market status of Commercial (Rotary Enthalpy Wheel, Fixed Plate), Residential (Rotary Enthalpy Wheel, Fixed Plate), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Energy Recovery Ventilators (ERV).

Regionally, the report analyzes the Energy Recovery Ventilators (ERV) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Energy Recovery Ventilators (ERV) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Energy Recovery Ventilators (ERV) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Energy Recovery Ventilators (ERV) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Rotary Enthalpy Wheel, Fixed Plate).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Energy Recovery Ventilators (ERV) market.

Regional Analysis: The report involves examining the Energy Recovery Ventilators (ERV) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Energy Recovery Ventilators (ERV) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Energy Recovery Ventilators (ERV):

Company Analysis: Report covers individual Energy Recovery Ventilators (ERV) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Energy Recovery Ventilators (ERV) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Residential).

Technology Analysis: Report covers specific technologies relevant to Energy Recovery Ventilators (ERV). It assesses the current state, advancements, and potential future developments in Energy Recovery Ventilators (ERV) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Energy Recovery Ventilators (ERV) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Energy Recovery Ventilators (ERV) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Rotary Enthalpy Wheel
Fixed Plate
Others

Market segment by Application
Commercial
Residential
Industrial

Major players covered
Mitsubishi Electric
Carrier (United Technologies)
Johnson Controls (York&Ruskin)
Daikin Industries
Ingersoll Rand (Trane)
Nortek
Lennox
Greenheck Fan Corporation
FUJITSU
Munters
Ostberg
Zehnder
LG Electronics
Renewaire
Heatex Ab
Airxchange Inc.

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Energy Recovery Ventilators (ERV) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Energy Recovery Ventilators (ERV), with price, sales, revenue and global market share of Energy Recovery Ventilators (ERV) from 2019 to 2024.

Chapter 3, the Energy Recovery Ventilators (ERV) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Energy Recovery Ventilators (ERV) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Energy Recovery Ventilators (ERV) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Energy Recovery Ventilators (ERV).

Chapter 14 and 15, to describe Energy Recovery Ventilators (ERV) sales channel, distributors, customers, research findings and conclusion.