Global Energy Recovery Ventilators (ERV) Market Growth 2023-2029

Global Energy Recovery Ventilators (ERV) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Energy Recovery Ventilators (ERV) Industry Forecast” looks at past sales and reviews total world Energy Recovery Ventilators (ERV) sales in 2022, providing a comprehensive analysis by region and market sector of projected Energy Recovery Ventilators (ERV) sales for 2023 through 2029. With Energy Recovery Ventilators (ERV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Recovery Ventilators (ERV) industry.

This Insight Report provides a comprehensive analysis of the global Energy Recovery Ventilators (ERV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Energy Recovery Ventilators (ERV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Energy Recovery Ventilators (ERV) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Recovery Ventilators (ERV) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Energy Recovery Ventilators (ERV).

The global Energy Recovery Ventilators (ERV) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Energy Recovery Ventilators (ERV) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Rotary Enthalpy Wheel
Fixed Plate
Others

Segmentation by application
Commercial
Residential
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Energy Recovery Ventilators (ERV) market?

What factors are driving Energy Recovery Ventilators (ERV) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Energy Recovery Ventilators (ERV) market opportunities vary by end market size?

How does Energy Recovery Ventilators (ERV) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.