Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Energy Recovery Ventilators (ERV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Energy Recovery Ventilators (ERV). This report contains market size and forecasts of Energy Recovery Ventilators (ERV) in global, including the following market information:
Global Energy Recovery Ventilators (ERV) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Energy Recovery Ventilators (ERV) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Energy Recovery Ventilators (ERV) companies in 2022 (%)
The global Energy Recovery Ventilators (ERV) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Energy Recovery Ventilators (ERV) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Energy Recovery Ventilators (ERV) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Energy Recovery Ventilators (ERV) Market Segment Percentages, by Type, 2022 (%)
Rotary Enthalpy Wheel
Fixed Plate
Others
Global Energy Recovery Ventilators (ERV) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Energy Recovery Ventilators (ERV) Market Segment Percentages, by Application, 2022 (%)
Commercial
Residential
Industrial
Global Energy Recovery Ventilators (ERV) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Energy Recovery Ventilators (ERV) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Energy Recovery Ventilators (ERV) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Energy Recovery Ventilators (ERV) revenues share in global market, 2022 (%)
Key companies Energy Recovery Ventilators (ERV) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Energy Recovery Ventilators (ERV) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Energy Recovery Ventilators (ERV), market overview.
Chapter 2: Global Energy Recovery Ventilators (ERV) market size in revenue and volume.
Chapter 3: Detailed analysis of Energy Recovery Ventilators (ERV) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Energy Recovery Ventilators (ERV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Energy Recovery Ventilators (ERV) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
