Global Energy Recovery Ventilation System Market Growth 2023-2029

Global Energy Recovery Ventilation System Market Growth 2023-2029

Product Code:457245

Published Date: Feb 08,2023

Pages: 106

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Energy Recovery Ventilation System Industry Forecast” looks at past sales and reviews total world Energy Recovery Ventilation System sales in 2022, providing a comprehensive analysis by region and market sector of projected Energy Recovery Ventilation System sales for 2023 through 2029. With Energy Recovery Ventilation System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Recovery Ventilation System industry.

This Insight Report provides a comprehensive analysis of the global Energy Recovery Ventilation System 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 Energy Recovery Ventilation System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Energy Recovery Ventilation System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Recovery Ventilation System 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 Energy Recovery Ventilation System.

The global Energy Recovery Ventilation System market size is projected to grow from US$ 3372.9 million in 2022 to US$ 7667.9 million in 2029; it is expected to grow at a CAGR of 7667.9 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Energy Recovery Ventilation System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Wall-Mount
    Ceiling-Mount
    Cabinet-Mount

Segmentation by application
    Residential
    Commercial
    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.
    Carrier (United Technologies)
    Johnson Controls
    Daikin Industries
    Trane
    Nortek
    Lennox International
    Mitsubishi Electric
    Greenheck
    FUJITSU
    Zehnder
    LG Electronics
    Renewaire
    Ostberg

Key Questions Addressed in this Report
What is the 10-year outlook for the global Energy Recovery Ventilation System market?
What factors are driving Energy Recovery Ventilation System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Energy Recovery Ventilation System market opportunities vary by end market size?
How does Energy Recovery Ventilation System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?