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Energy Recovery Ventilation System-Global Market Insights and Sales Trends 2024
Synopsis
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 Ventilation System market size is expected to reach US$ 7691.6 million by 2029, growing at a CAGR of 12.0% from 2023 to 2029. The market is mainly driven by the significant applications of Energy Recovery Ventilation System in various end use industries. The expanding demands from the Residential, Commercial and Others,, are propelling Energy Recovery Ventilation System market. Wall-Mount, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ceiling-Mount segment is estimated at % CAGR for the next seven-year period.
Global Energy Recovery Ventilation System key players include Carrier (United Technologies), Johnson Controls, Daikin Industries, Trane, Nortek etc. Global top five manufacturers hold a share over 40%.
North America is the largest market, with a share over 50%, followed by Japan and Europe, both have a share over 20% percent.
In terms of product, Ceiling-Mount is the largest segment, with a share over 50%. And in terms of application, the largest application is Residential followed by Commercial.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Energy Recovery Ventilation System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Energy Recovery Ventilation System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Energy Recovery Ventilation System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Energy Recovery Ventilation System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Energy Recovery Ventilation System covered in this report include Carrier (United Technologies), Johnson Controls, Daikin Industries, Trane, Nortek, Lennox International, Mitsubishi Electric, Greenheck and FUJITSU, etc.
The global Energy Recovery Ventilation System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Carrier (United Technologies)
Johnson Controls
Daikin Industries
Trane
Nortek
Lennox International
Mitsubishi Electric
Greenheck
FUJITSU
Zehnder
LG Electronics
Renewaire
Ostberg
Global Energy Recovery Ventilation System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Energy Recovery Ventilation System market, Segment by Type:
Wall-Mount
Ceiling-Mount
Cabinet-Mount
Global Energy Recovery Ventilation System market, by Application
Residential
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Energy Recovery Ventilation System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Energy Recovery Ventilation System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 Ventilation System market size is expected to reach US$ 7691.6 million by 2029, growing at a CAGR of 12.0% from 2023 to 2029. The market is mainly driven by the significant applications of Energy Recovery Ventilation System in various end use industries. The expanding demands from the Residential, Commercial and Others,, are propelling Energy Recovery Ventilation System market. Wall-Mount, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ceiling-Mount segment is estimated at % CAGR for the next seven-year period.
Global Energy Recovery Ventilation System key players include Carrier (United Technologies), Johnson Controls, Daikin Industries, Trane, Nortek etc. Global top five manufacturers hold a share over 40%.
North America is the largest market, with a share over 50%, followed by Japan and Europe, both have a share over 20% percent.
In terms of product, Ceiling-Mount is the largest segment, with a share over 50%. And in terms of application, the largest application is Residential followed by Commercial.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Energy Recovery Ventilation System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Energy Recovery Ventilation System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Energy Recovery Ventilation System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Energy Recovery Ventilation System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Energy Recovery Ventilation System covered in this report include Carrier (United Technologies), Johnson Controls, Daikin Industries, Trane, Nortek, Lennox International, Mitsubishi Electric, Greenheck and FUJITSU, etc.
The global Energy Recovery Ventilation System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Carrier (United Technologies)
Johnson Controls
Daikin Industries
Trane
Nortek
Lennox International
Mitsubishi Electric
Greenheck
FUJITSU
Zehnder
LG Electronics
Renewaire
Ostberg
Global Energy Recovery Ventilation System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Energy Recovery Ventilation System market, Segment by Type:
Wall-Mount
Ceiling-Mount
Cabinet-Mount
Global Energy Recovery Ventilation System market, by Application
Residential
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Energy Recovery Ventilation System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Energy Recovery Ventilation System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Energy Recovery Ventilation System Market Overview
1.1 Energy Recovery Ventilation System Product Overview
1.2 Energy Recovery Ventilation System Market Segment by Type
1.2.1 Wall-Mount
1.2.2 Ceiling-Mount
1.2.3 Cabinet-Mount
1.3 Global Energy Recovery Ventilation System Market Size by Type
1.3.1 Global Energy Recovery Ventilation System Market Size Overview by Type (2018-2029)
1.3.2 Global Energy Recovery Ventilation System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Energy Recovery Ventilation System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Energy Recovery Ventilation System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Energy Recovery Ventilation System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Energy Recovery Ventilation System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Energy Recovery Ventilation System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Energy Recovery Ventilation System Sales Breakdown by Type (2018-2023)
2 Global Energy Recovery Ventilation System Market Competition by Company
2.1 Global Top Players by Energy Recovery Ventilation System Sales (2018-2023)
2.2 Global Top Players by Energy Recovery Ventilation System Revenue (2018-2023)
2.3 Global Top Players by Energy Recovery Ventilation System Price (2018-2023)
2.4 Global Top Manufacturers Energy Recovery Ventilation System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Energy Recovery Ventilation System Market Competitive Situation and Trends
2.5.1 Energy Recovery Ventilation System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Energy Recovery Ventilation System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Energy Recovery Ventilation System as of 2022)
2.7 Date of Key Manufacturers Enter into Energy Recovery Ventilation System Market
2.8 Key Manufacturers Energy Recovery Ventilation System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Energy Recovery Ventilation System Status and Outlook by Region
3.1 Global Energy Recovery Ventilation System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Energy Recovery Ventilation System Historic Market Size by Region
3.2.1 Global Energy Recovery Ventilation System Sales in Volume by Region (2018-2023)
3.2.2 Global Energy Recovery Ventilation System Sales in Value by Region (2018-2023)
3.2.3 Global Energy Recovery Ventilation System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Energy Recovery Ventilation System Forecasted Market Size by Region
3.3.1 Global Energy Recovery Ventilation System Sales in Volume by Region (2024-2029)
3.3.2 Global Energy Recovery Ventilation System Sales in Value by Region (2024-2029)
3.3.3 Global Energy Recovery Ventilation System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Energy Recovery Ventilation System by Application
4.1 Energy Recovery Ventilation System Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Others
4.2 Global Energy Recovery Ventilation System Market Size by Application
4.2.1 Global Energy Recovery Ventilation System Market Size Overview by Application (2018-2029)
4.2.2 Global Energy Recovery Ventilation System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Energy Recovery Ventilation System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Energy Recovery Ventilation System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Energy Recovery Ventilation System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Energy Recovery Ventilation System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Energy Recovery Ventilation System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Energy Recovery Ventilation System Sales Breakdown by Application (2018-2023)
5 North America Energy Recovery Ventilation System by Country
5.1 North America Energy Recovery Ventilation System Historic Market Size by Country
5.1.1 North America Energy Recovery Ventilation System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Energy Recovery Ventilation System Sales in Volume by Country (2018-2023)
5.1.3 North America Energy Recovery Ventilation System Sales in Value by Country (2018-2023)
5.2 North America Energy Recovery Ventilation System Forecasted Market Size by Country
5.2.1 North America Energy Recovery Ventilation System Sales in Volume by Country (2024-2029)
5.2.2 North America Energy Recovery Ventilation System Sales in Value by Country (2024-2029)
6 Europe Energy Recovery Ventilation System by Country
6.1 Europe Energy Recovery Ventilation System Historic Market Size by Country
6.1.1 Europe Energy Recovery Ventilation System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Energy Recovery Ventilation System Sales in Volume by Country (2018-2023)
6.1.3 Europe Energy Recovery Ventilation System Sales in Value by Country (2018-2023)
6.2 Europe Energy Recovery Ventilation System Forecasted Market Size by Country
6.2.1 Europe Energy Recovery Ventilation System Sales in Volume by Country (2024-2029)
6.2.2 Europe Energy Recovery Ventilation System Sales in Value by Country (2024-2029)
7 Asia-Pacific Energy Recovery Ventilation System by Region
7.1 Asia-Pacific Energy Recovery Ventilation System Historic Market Size by Region
7.1.1 Asia-Pacific Energy Recovery Ventilation System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Energy Recovery Ventilation System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Energy Recovery Ventilation System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Energy Recovery Ventilation System Forecasted Market Size by Region
7.2.1 Asia-Pacific Energy Recovery Ventilation System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Energy Recovery Ventilation System Sales in Value by Region (2024-2029)
8 Latin America Energy Recovery Ventilation System by Country
8.1 Latin America Energy Recovery Ventilation System Historic Market Size by Country
8.1.1 Latin America Energy Recovery Ventilation System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Energy Recovery Ventilation System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Energy Recovery Ventilation System Sales in Value by Country (2018-2023)
8.2 Latin America Energy Recovery Ventilation System Forecasted Market Size by Country
8.2.1 Latin America Energy Recovery Ventilation System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Energy Recovery Ventilation System Sales in Value by Country (2024-2029)
9 Middle East and Africa Energy Recovery Ventilation System by Country
9.1 Middle East and Africa Energy Recovery Ventilation System Historic Market Size by Country
9.1.1 Middle East and Africa Energy Recovery Ventilation System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Energy Recovery Ventilation System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Energy Recovery Ventilation System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Energy Recovery Ventilation System Forecasted Market Size by Country
9.2.1 Middle East and Africa Energy Recovery Ventilation System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Energy Recovery Ventilation System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Carrier (United Technologies)
10.1.1 Carrier (United Technologies) Company Information
10.1.2 Carrier (United Technologies) Introduction and Business Overview
10.1.3 Carrier (United Technologies) Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Carrier (United Technologies) Energy Recovery Ventilation System Products Offered
10.1.5 Carrier (United Technologies) Recent Development
10.2 Johnson Controls
10.2.1 Johnson Controls Company Information
10.2.2 Johnson Controls Introduction and Business Overview
10.2.3 Johnson Controls Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Johnson Controls Energy Recovery Ventilation System Products Offered
10.2.5 Johnson Controls Recent Development
10.3 Daikin Industries
10.3.1 Daikin Industries Company Information
10.3.2 Daikin Industries Introduction and Business Overview
10.3.3 Daikin Industries Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Daikin Industries Energy Recovery Ventilation System Products Offered
10.3.5 Daikin Industries Recent Development
10.4 Trane
10.4.1 Trane Company Information
10.4.2 Trane Introduction and Business Overview
10.4.3 Trane Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Trane Energy Recovery Ventilation System Products Offered
10.4.5 Trane Recent Development
10.5 Nortek
10.5.1 Nortek Company Information
10.5.2 Nortek Introduction and Business Overview
10.5.3 Nortek Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nortek Energy Recovery Ventilation System Products Offered
10.5.5 Nortek Recent Development
10.6 Lennox International
10.6.1 Lennox International Company Information
10.6.2 Lennox International Introduction and Business Overview
10.6.3 Lennox International Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lennox International Energy Recovery Ventilation System Products Offered
10.6.5 Lennox International Recent Development
10.7 Mitsubishi Electric
10.7.1 Mitsubishi Electric Company Information
10.7.2 Mitsubishi Electric Introduction and Business Overview
10.7.3 Mitsubishi Electric Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mitsubishi Electric Energy Recovery Ventilation System Products Offered
10.7.5 Mitsubishi Electric Recent Development
10.8 Greenheck
10.8.1 Greenheck Company Information
10.8.2 Greenheck Introduction and Business Overview
10.8.3 Greenheck Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Greenheck Energy Recovery Ventilation System Products Offered
10.8.5 Greenheck Recent Development
10.9 FUJITSU
10.9.1 FUJITSU Company Information
10.9.2 FUJITSU Introduction and Business Overview
10.9.3 FUJITSU Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 FUJITSU Energy Recovery Ventilation System Products Offered
10.9.5 FUJITSU Recent Development
10.10 Zehnder
10.10.1 Zehnder Company Information
10.10.2 Zehnder Introduction and Business Overview
10.10.3 Zehnder Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zehnder Energy Recovery Ventilation System Products Offered
10.10.5 Zehnder Recent Development
10.11 LG Electronics
10.11.1 LG Electronics Company Information
10.11.2 LG Electronics Introduction and Business Overview
10.11.3 LG Electronics Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 LG Electronics Energy Recovery Ventilation System Products Offered
10.11.5 LG Electronics Recent Development
10.12 Renewaire
10.12.1 Renewaire Company Information
10.12.2 Renewaire Introduction and Business Overview
10.12.3 Renewaire Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Renewaire Energy Recovery Ventilation System Products Offered
10.12.5 Renewaire Recent Development
10.13 Ostberg
10.13.1 Ostberg Company Information
10.13.2 Ostberg Introduction and Business Overview
10.13.3 Ostberg Energy Recovery Ventilation System Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Ostberg Energy Recovery Ventilation System Products Offered
10.13.5 Ostberg Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Energy Recovery Ventilation System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Energy Recovery Ventilation System Industrial Chain Analysis
11.4 Energy Recovery Ventilation System Market Dynamics
11.4.1 Energy Recovery Ventilation System Industry Trends
11.4.2 Energy Recovery Ventilation System Market Drivers
11.4.3 Energy Recovery Ventilation System Market Challenges
11.4.4 Energy Recovery Ventilation System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Energy Recovery Ventilation System Distributors
12.3 Energy Recovery Ventilation System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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