Global Mechanical Ventilation with Heat Recovery (MVHR) System Market Growth (Status and Outlook) 2023-2029

Global Mechanical Ventilation with Heat Recovery (MVHR) System Market Growth (Status and Outlook) 2023-2029

MVHR (Mechanical Ventilation with Heat Recovery) provides fresh filtered air into a building whilst retaining most of the energy that has already been used in heating the building. Heat Recovery Ventilation is the solution to the ventilation needs of energy efficient buildings. Mechanical ventilation with heat recovery (MVHR), heat recovery ventilation (HRV) or Comfort ventilation are all names for the same thing. A heat recovery ventilation system properly fitted into a house provides a constant supply of fresh filtered air, maintaining the air quality whilst being practically imperceptible.

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

This Insight Report provides a comprehensive analysis of the global Mechanical Ventilation with Heat Recovery (MVHR) System 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 Mechanical Ventilation with Heat Recovery (MVHR) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mechanical Ventilation with Heat Recovery (MVHR) System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mechanical Ventilation with Heat Recovery (MVHR) System 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 Mechanical Ventilation with Heat Recovery (MVHR) System.

The global Mechanical Ventilation with Heat Recovery (MVHR) System market size is projected to grow from US$ 1935.3 million in 2022 to US$ 2415.3 million in 2029; it is expected to grow at a CAGR of 3.2% from 2023 to 2029.

Zehnder Group is one of the most important global key players of mechanical ventilation with heat recovery (MVHR) units, holds a share of about 10%, other key players include Carrier and Volution, etc. Europe is the largest market, occupied by over 40 percent, followed by North America. In terms of type, ceiling-mount is the largest segment, with a share of over 50%, and in terms of application, the residential segment holds a share of over 20 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Mechanical Ventilation with Heat Recovery (MVHR) System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Whole House PI
Loft Mounted PIV

Segmentation by application
Residential
Commercial

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.
Nuaire
Fairai
EnviroVent
Ferrob
Heatrae Sadia
Hero Renewables

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