Global Mechanical Ventilation Heat Recovery Units Market Growth 2024-2030
Mechanical Ventilation Heat Recovery (MVHR) units, also known as Heat Recovery Ventilation (HRV) units, come in several types to suit different building sizes, ventilation requirements, and installation preferences. The primary function of these units is to provide controlled ventilation while recovering heat from outgoing stale air to preheat incoming fresh air, thereby improving indoor air quality, reducing energy consumption, and enhancing thermal comfort.
The global Mechanical Ventilation Heat Recovery Units market size is projected to grow from US$ 2052.4 million in 2023 to US$ 2868 million in 2030; it is expected to grow at a CAGR of 4.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Mechanical Ventilation Heat Recovery Units Industry Forecast” looks at past sales and reviews total world Mechanical Ventilation Heat Recovery Units sales in 2023, providing a comprehensive analysis by region and market sector of projected Mechanical Ventilation Heat Recovery Units sales for 2024 through 2030. With Mechanical Ventilation Heat Recovery Units sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mechanical Ventilation Heat Recovery Units industry.
This Insight Report provides a comprehensive analysis of the global Mechanical Ventilation Heat Recovery Units 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 Heat Recovery Units portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mechanical Ventilation Heat Recovery Units market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mechanical Ventilation Heat Recovery Units 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 Heat Recovery Units.
United States market for Mechanical Ventilation Heat Recovery Units is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Mechanical Ventilation Heat Recovery Units is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Mechanical Ventilation Heat Recovery Units is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Mechanical Ventilation Heat Recovery Units players cover Zehnder Group AG, Carrier, Volution, BROAN and DAIKIN, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Mechanical Ventilation Heat Recovery Units market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Wall-Mount
Ceiling-Mount
Cabinet-Mount
Segmentation by application
Residential Buildings
Commercial Buildings
Industrial Buildings
Others
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.
Zehnder Group AG
Carrier
Volution
BROAN
DAIKIN
Greenheck
Trane
Aldes
Mitsubishi Electric
Lennox International Inc.
Panasonic
S&P Sistemas de Ventilacion SLU
LG Electronics
Genuit Group
Honeywell
SALDA
ELTA Group
Komfovent
Titon
EnviroVent
Renson
Airflow Developments
DUCO
Jablotron
FRÄNKISCHE
Vortice
Fujitsu General
Swegon (Investment AB Latour)
NIBE Group
ROTOR-VENT
VES Ltd
Dream Maker
FLaktGroup
Mark Climate Technology
BEAM
Nilan
Dantherm
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mechanical Ventilation Heat Recovery Units market?
What factors are driving Mechanical Ventilation Heat Recovery Units market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mechanical Ventilation Heat Recovery Units market opportunities vary by end market size?
How does Mechanical Ventilation Heat Recovery Units break out type, application?
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