Energy Recovery Ventilator Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Energy Recovery Ventilator Market size is projected to grow from USD 1.76 Billion in 2016 to USD 3.37 Billion by 2027, at a CAGR of 11% from 2021 to 2027.

Energy recovery ventilation is used to prevent oxygen starvation and CO2 build-up. Good ventilation is required in commercial as well as residential buildings. The growing demand for fresh air and adequate ventilation has propelled the global energy recovery ventilation system market. By minimizing the need for cooling and heating, energy recovery ventilation systems can help reduce a building’s peak power demand. This further reduces electricity costs as less power is used when rates are at their peak. In addition, the energy recovery ventilation system improves humidity control as the incoming ventilation air can be pre-dried. Building operators are encouraged to use these systems to increase the percentage of outside ventilation air and improve the quality of the inside air. These benefits are expected to drive demand worldwide.

Market Segments

Energy Recovery Ventilator Market, by Technology Type:

• Plate Heat Exchanger
• Heat Pipe Heat Exchanger
• Rotary Heat Exchanger
• Run-Around Coil
• Others (Thermosiphon and Twin Tower)

Energy Recovery Ventilator Market, by Application:

• Commercial
• Residential

Key Players

Key players operating in the global energy recovery ventilation systems market are Mitsubishi Electric Corporation, Daikin, Trane, Panasonic Corporation, Lennox International Inc., LG Electronics, Zehnder, Johnson Controls, Renewaire, Munters, FUJITSU GENERAL, Ostberg, Carrier Corporation, Nortek Air Solutions, and Greenheck Fan. 

Scope of the Report

The research study analyzes the global Energy Recovery Ventilator industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Energy Recovery Ventilator Market Report

1. What was the Energy Recovery Ventilator Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Energy Recovery Ventilator Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Energy Recovery Ventilator Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.