Energy Recovery Ventilator Market by Technology Type (Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger, Run-Around Coil), Application (Commercial, Residential), and Region (NA, EU, APAC, MEA, SA) - Global Forecast to 2022

  • ID: 4438516
  • Report
  • Region: Global
  • 129 Pages
  • Markets and Markets
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Energy Recovery Ventilator Market Projected to Grow from USD 1.97 Billion in 2017 to USD 3.37 Billion by 2022, at a CAGR of 11.4% from 2017

FEATURED COMPANIES

  • Airxchange
  • Daikin
  • Fujitsu General
  • Johnson Controls
  • Loren Cook Company
  • Ostberg Group
  • MORE

"In terms of value, the energy recovery ventilator market is projected to grow at a CAGR of 11.4% from 2017 to 2022."

The energy recovery ventilator market is projected to grow from USD 1.97 billion in 2017 to USD 3.37 billion by 2022, at a CAGR of 11.4% from 2017 to 2022. Growing need to reduce energy consumption in residential and commercial buildings, increasing number of green buildings across the globe, and growing awareness to maintain the quality of indoor air are the key factors driving the growth of the energy recovery ventilator market across the globe. However, lack of awareness about benefits offered by energy recovery ventilators and high costs involved in the purchase, installation, and maintenance of energy recovery ventilators act as restraints to the growth of the energy recovery ventilator market.

"Among technology types, the rotary heat exchanger segment of the energy recovery ventilator market is projected to grow at the highest CAGR between 2017 and 2022."

The rotary heat exchanger technology type segment of the energy recovery ventilator market is projected to grow at the highest CAGR during the forecast period. The growth of this segment of the market can be attributed to the compact design and high efficiency of rotary heat exchangers.

"Among applications, the commercial segment of the energy recovery ventilator market is projected to grow at the highest CAGR during the forecast period."

The commercial application segment of the energy recovery ventilator market is projected to grow at the highest CAGR from 2017 to 2022. Energy recovery ventilators have proven to be cost-effective ventilation solutions that are ideal for delivering fresh outdoor air inside buildings while reducing the requirements for mechanical heating, cooling, and humidification of buildings. These ventilators improve the humidity level of inside air and maintain superior indoor air quality (IAQ).

"The North America energy recovery ventilator market is projected to grow at the highest CAGR from 2017 to 2022."

The North America energy recovery ventilator market is projected to grow at the highest CAGR during the forecast period. The growth of the North America energy recovery ventilator market can be attributed to the formulation and implementation of various government regulations regarding the use of these ventilators in green buildings as well as retrofitting the existing buildings with energy recovery ventilators. The increase in the number of commercial buildings in the region is also expected to fuel the growth of the North America energy recovery ventilator market between 2017 and 2022.

The break-up of profiles of primary participants for the report has been given below:

  • By Company Type: Tier 1 - 25%, Tier 2 - 35%, and Tier 3 - 40%
  • By Designation: C Level - 25%, D Level - 25%, and Others - 50%
  • By Region: Asia Pacific - 40%, Europe - 25%, North America - 22%, the Middle East & Africa - 8%, and South America - 5%

As a part of qualitative analysis, this research study provides a comprehensive overview of drivers, restraints, opportunities, and challenges for the energy recovery ventilator market. It also discusses competitive strategies adopted by the leading market players such as Mitsubishi Electric Corporation (Japan), Daikin (Japan), Panasonic Corporation (Japan), LG Electronics (South Korea), Johnson Controls (US), Munters (Sweden), FUJITSU GENERAL (Japan), Carrier Corporation (US), Nortek Air Solutions (US), and Greenheck Fan (US), among others to strengthen their position in the energy recovery ventilator market.

Research Coverage:

This report defines, segments, and projects the energy recovery ventilator market based on technology type, application, and region. It strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as expansions, acquisitions & mergers, and new product launches in the energy recovery ventilator market.

Reasons to Buy the Report:

This report is expected to help market leaders/new entrants in this market by providing them the closest approximations of revenues of the energy recovery ventilator market and its subsegments. This report is also expected to help the stakeholders to obtain an improved understanding of the competitive landscape, gain insights to enhance the position of their businesses, and enable them to make suitable go-to-market strategies. The report is expected to enable the stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

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FEATURED COMPANIES

  • Airxchange
  • Daikin
  • Fujitsu General
  • Johnson Controls
  • Loren Cook Company
  • Ostberg Group
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Energy Recovery Ventilator Market
    4.2 Energy Recovery Ventilator Market, By Technology Type
    4.3 Energy Recovery Ventilator Market, By Application
    4.4 Energy Recovery Ventilator Market, By Region

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Need to Reduce Energy Consumption in Residential and Commercial Buildings
                    5.2.1.2 Increasing Number of Green Buildings Across the Globe
                    5.2.1.3 Growing Importance of Indoor Air Quality
           5.2.2 Restraints
                    5.2.2.1 Lack of Awareness About the Benefits Offered By Energy Recovery Ventilators
                    5.2.2.2 High Cost Involved in the Purchase, Installation, and Maintenance of Energy Recovery Ventilators
           5.2.3 Opportunities
                    5.2.3.1 Innovations in Energy Recovery Ventilators
           5.2.4 Challenges
                    5.2.4.1 Complexities Involved in Retrofitting Existing Buildings With New and Advanced Energy Recovery Ventilators
    5.3 Porter’s Five Forces Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2 Bargaining Power of Buyers
           5.3.3 Threat of Substitutes
           5.3.4 Threat of New Entrants
           5.3.5 Intensity of Competitive Rivalry

6 Energy Recovery Ventilator Market, By Technology Type
    6.1 Introduction
    6.2 Plate Heat Exchanger
    6.3 Heat Pipe Heat Exchanger
    6.4 Rotary Heat Exchanger
    6.5 Run-Around Coil
    6.6 Others

7 Energy Recovery Ventilator Market, By Application
    7.1 Introduction
    7.2 Commercial
    7.3 Residential
    7.4 Others

8 Energy Recovery Ventilator Market, By Region
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 UK
           8.3.3 France
           8.3.4 Italy
           8.3.5 Spain
           8.3.6 Scandinavia
           8.3.7 Benelux
           8.3.8 Rest of Europe
    8.4 Asia Pacific
           8.4.1 China
           8.4.2 Japan
           8.4.3 India
           8.4.4 South Korea
           8.4.5 Australia
           8.4.6 New Zealand
           8.4.7 Indonesia
           8.4.8 Rest of Asia Pacific
    8.5 Middle East & Africa
           8.5.1 Saudi Arabia
           8.5.2 UAE
           8.5.3 Egypt
           8.5.4 Rest of Middle East & Africa
    8.6 South America
           8.6.1 Brazil
           8.6.2 Argentina
           8.6.3 Rest of South America

9 Competitive Landscape
    9.1 Overview
    9.2 Market Ranking Analysis
    9.3 Competitive Scenario
           9.3.1 New Product Launches
           9.3.2 Expansions
           9.3.3 Mergers & Acquisitions
           9.3.4 Joint Ventures

10 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
     10.1 Mitsubishi Electric Corporation
     10.2 Daikin
     10.3 Panasonic Corporation
     10.4 LG Electronics
     10.5 Johnson Controls
     10.6 Fujitsu General
     10.7 Carrier Corporation
     10.8 Nortek Air Solutions
     10.9 Munters
     10.10 Greenheck Fan Corporation
     10.11 Heatex AB
     10.12 Other Key Players
             10.12.1 Renewaire
             10.12.2 Airxchange
             10.12.3 Loren Cook Company
             10.12.4 Broan-Nutone
             10.12.5 Paschal Heat, Air & Geothermal
             10.12.6 Ostberg Group
             10.12.7 Trane
             10.12.8 Lennox International
             10.12.9 Flaktgroup
             10.12.10 Reznor Manufacturing Company
             10.12.11 Desiccant Rotors International (DRI)
             10.12.12 Zehnder America
             10.12.13 Ruskin Rooftop Systems
             10.12.14 Dunnair

*Details Might Not Be Captured in Case of Unlisted Companies

List of Tables
Table 1 Energy Recovery Ventilator Market Snapshot
Table 2 Cost Analysis of Energy Recovery Ventilators
Table 3 Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 4 Energy Recovery Ventilator Market for Plate Heat Exchanger, By Region, 2015-2022 (USD Million)
Table 5 Energy Recovery Ventilator Market for Heat Pipe Heat Exchanger, By Region, 2015-2022 (USD Million)
Table 6 Energy Recovery Ventilator Market for Rotary Heat Exchanger, By Region, 2015-2022 (USD Million)
Table 7 Energy Recovery Ventilator Market for Run-Around Coil, By Region, 2015-2022 (USD Million)
Table 8 Energy Recovery Ventilator Market for Other Technology Types, By Region, 2015-2022 (USD Million)
Table 9 Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 10 Energy Recovery Ventilator Market in Commercial, By Region, 2015-2022 (USD Million)
Table 11 Energy Recovery Ventilator Market in Residential, By Region, 2015-2022 (USD Million)
Table 12 Energy Recovery Ventilator Market in Other Applications, By Region, 2015-2022 (USD Million)
Table 13 Energy Recovery Ventilator Market, By Region, 2015-2022 (USD Million)
Table 14 North America Energy Recovery Ventilator Market, By Country, 2015-2022 (USD Million)
Table 15 North America Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 16 North America Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 17 US Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 18 US Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 19 Canada Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 20 Canada Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 21 Mexico Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 22 Mexico Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 23 Europe Energy Recovery Ventilator Market, By Country, 2015-2022 (USD Million)
Table 24 Europe Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 25 Europe Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 26 Germany Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 27 Germany Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 28 UK Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 29 UK Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 30 France Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 31 France Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 32 Italy Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 33 Italy Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 34 Spain Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 35 Spain Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 36 Scandinavia Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 37 Scandinavia Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 38 Benelux Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 39 Benelux Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 40 Rest of Europe Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 41 Rest of Europe Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 42 Asia Pacific Energy Recovery Ventilator Market, By Country, 2015-2022 (USD Million)
Table 43 Asia Pacific Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 44 Asia Pacific Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 45 China Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 46 China Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 47 Japan Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 48 Japan Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 49 India Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 50 India Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 51 South Korea Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 52 South Korea Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 53 Australia Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 54 Australia Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 55 New Zealand Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 56 New Zealand Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 57 Indonesia Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 58 Indonesia Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 59 Rest of Asia Pacific Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 60 Rest of Asia Pacific Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 61 Middle East & Africa Energy Recovery Ventilator Market, By Country, 2015-2022 (USD Million)
Table 62 Middle East & Africa Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 63 Middle East & Africa Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 64 Saudi Arabia Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 65 Saudi Arabia Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 66 UAE Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 67 UAE Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 68 Egypt Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 69 Egypt Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 70 Rest of Middle East & Africa Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 71 Rest of Middle East & Africa Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 72 South America Energy Recovery Ventilator Market, By Country, 2015-2022 (USD Million)
Table 73 South America Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 74 South America Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 75 Brazil Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 76 Brazil Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 77 Argentina Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 78 Argentina Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 79 Rest of South America Energy Recovery Ventilator Market, By Technology Type, 2015-2022 (USD Million)
Table 80 Rest of South America Energy Recovery Ventilator Market, By Application, 2015-2022 (USD Million)
Table 81 New Product Launches, 2012-2017
Table 82 Expansions, 2012-2017
Table 83 Mergers & Acquisitions, 2012-2017
Table 84 Joint Ventures, 2012-2017

List of Figures
Figure 1 Energy Recovery Ventilator Market: Research Design
Figure 2 Energy Recovery Ventilator Market: Data Triangulation
Figure 3 Plate Heat Exchanger Technology is Expected to Lead the Energy Recovery Ventilator Market Through 2022
Figure 4 Commercial Application is Expected to Lead the Energy Recovery Ventilator Market By 2022
Figure 5 North America is Expected to Lead the Energy Recovery Ventilator Market in 2017
Figure 6 Increasing Demand for Energy-Efficient Devices is Creating Opportunities for the Growth of the Energy Recovery Ventilator Market
Figure 7 North America to Be the Largest Market Across All Technology Types for Energy Recovery Ventilator in 2017
Figure 8 North America to Be the Largest Market Across All Applications for Energy Recovery Ventilator in 2017
Figure 9 North America Energy Recovery Ventilator Market is Projected to Grow at the Fastest Rate Between 2017 and 2022
Figure 10 Energy Recovery Ventilator Market: Drivers, Restraints, Challenges, and Opportunities
Figure 11 Average Green Share of Building Project Activity, By Country, 2015
Figure 12 Energy Recovery Ventilator Market: Porter’s Five Forces Analysis
Figure 13 Energy Recovery Ventilator Market Overview: By Technology Type
Figure 14 Plate Heat Exchanger Segment in North America is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Heat Pipe Heat Exchanger Segment is Expected to Grow at the Second-Highest CAGR in Europe During the Forecast Period
Figure 16 Rotary Heat Exchanger Segment is Expected to Lead in North America During the Forecast Period
Figure 17 Run-Around Coil Segment is Expected to Be the Third-Largest in Asia Pacific During the Forecast Period
Figure 18 Other Technology Type is Expected to Lead in North America During the Forecast Period
Figure 19 Energy Recovery Ventilator Market, By Application
Figure 20 Commercial Application Segment is Expected to Lead in North America During the Forecast Period
Figure 21 Residential Application Segment in Europe is Expected to Grow at the Second-Highest CAGR During the Forecast Period
Figure 22 North America to Be the Largest Market for Other Applications of Energy Recovery Ventilator
Figure 23 Energy Recovery Ventilator Market in North America and Europe is Projected to Witness High Growth During the Forecast Period
Figure 24 North America Energy Recovery Ventilator Market Snapshot
Figure 25 Europe Energy Recovery Ventilator Market Snapshot
Figure 26 Asia Pacific Energy Recovery Ventilator Market Snapshot
Figure 27 Middle East & Africa Energy Recovery Ventilator Market Snapshot
Figure 28 South America Energy Recovery Ventilator Market Snapshot
Figure 29 Companies Primarily Adopted Organic Growth Strategies Between 2012 and 2017
Figure 30 Mitsubishi Electric Corporation: Company Snapshot
Figure 31 Daikin: Company Snapshot
Figure 32 Panasonic Corporation: Company Snapshot
Figure 33 LG Electronics: Company Snapshot
Figure 34 Johnson Controls: Company Snapshot
Figure 35 Fujitsu General: Company Snapshot

Note: Product cover images may vary from those shown
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  • Airxchange
  • Broan-Nutone
  • Carrier Corporation
  • Daikin
  • Desiccant Rotors International (DRI)
  • Dunnair
  • Flaktgroup
  • Fujitsu General
  • Greenheck Fan Corporation
  • Heatex AB
  • Johnson Controls
  • LG Electronics
  • Lennox International
  • Loren Cook Company
  • Mitsubishi Electric Corporation
  • Munters
  • Nortek Air Solutions
  • Ostberg Group
  • Panasonic Corporation
  • Paschal Heat, Air & Geothermal
  • Renewaire
  • Reznor Manufacturing Company
  • Ruskin Rooftop Systems
  • Trane
  • Zehnder America
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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