Energy Recovery Ventilator Market Projected to Reach 5550 Million US$ by 2025, at a CAGR of 12.6%
Energy Recovery Ventilator (ERV) Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, United States – September 27, 2018 /MarketersMedia/ —
An energy recovery ventilator (ERV) is a type of mechanical equipment that features a heat exchanger combined with a ventilation system for providing controlled ventilation into a building. An energy recovery ventilator with humidity regulation incorporates a method to remove excess humidity or add humidity to the ventilating air that is being brought into a house. This report focus on wall-mount, ceiling-mount and cabinet mount type products.
The global energy recovery ventilator market is growing due to increasing demand for energy recovery ventilators from end use industry segments of commercial and residential sectors. Ventilation is an important part in the HVAC systems. Incorrect ventilation system attracts pollutants such as virus, chemicals, ducts, and allows molds to grow rapidly. The use of advanced heating and energy recovery ventilation technology has allowed these systems to provide various benefits and help end-users in choosing from a wide range of high efficiency energy recovery ventilators (ERVs).
Carrier (United Technologies), Johnson Controls and Daikin Industries capture the top three production value share spots in the Energy Recovery Ventilation System market in 2016. Carrier dominated with 13.491% production value share, followed by Johnson Controls with 9.569% production value share and Daikin Industries with 8.345% production value share.
The Energy Recovery Ventilator (ERV） market was valued at 2150 Million US$ in 2017 and is projected to reach 5550 Million US$ by 2025, at a CAGR of 12.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Energy Recovery Ventilator (ERV）.
This study focuses on the production side and consumption side of Energy Recovery Ventilator (ERV）, presents the global Energy Recovery Ventilator (ERV） market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Energy Recovery Ventilator (ERV） capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Energy Recovery Ventilator (ERV） by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers; we can also add the other companies as you want.
Carrier (United Technologies)
Johnson Controls
Daikin Industries
Trane
Nortek
Lennox International Inc.
Mitsubishi Electric
Greenheck
FUJITSU
Zehnder
LG Electronics
Renewaire
Ostberg
Market Segment by Product Type
Wall-Mount
Ceiling-Mount
Cabinet-Mount
Market Segment by Application
Residential
Commercial
Others
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