Energy Recovery Ventilator Market to Reach USD 5.07 billion by 2027; Rising Emphasis on Green Infrastructure to Lighten Business Possibilities, states Fortune Business Insights™

Key Companies Covered in Energy Recovery Ventilator Market Research Report Are Carrier (United Technologies) (United States), Johnson Controls (Ireland), Daikin Industries (Japan), Trane (Ireland), Nortek Air Solutions, LLC (United States), Lennox International Inc. (United States), Mitsubishi Electric (Japan), Greenheck (United States), Fujitsu Limited (Japan), Zehnder (Switzerland), LG Electronics (South Korea), HIMPEL (South Korea), Renewaire (United States), Ostberg (Sweden).


Pune, June 01, 2020 (GLOBE NEWSWIRE) -- The global energy recovery ventilator market size is predicted to reach USD 5.07 billion by 2027, exhibiting a CAGR of 8.2% during the forecast period. The growing attentiveness to improve the indoor air quality in compact buildings will spur sales opportunities for the market during the forecast period. Moreover, the rising prevalence of sick building syndrome (SBS) will fuel demand for the market in the foreseeable future, states Fortune Business Insights in a report, titled “Energy Recovery Ventilator (ERV) Market Size, Share & Industry Analysis, By Type (Wall-mount, Ceiling-mount, Cabinet), By Application (Residential, Commercial, Others) and Regional Forecast, 2020-2027” the market size stood at USD 2.71 billion in 2019. The rising inclination towards green building will provide impetus to the market in the forthcoming years.

Get Sample PDF Brochure:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit:

Market Driver

New Fangled Green Building Initiatives to Augment Growth

The rising construction of green buildings owing to awareness of environmental sustainability will bode well for the market. The rising government norms regarding environmental protection will support the adoption of green infrastructure, which in turn, will promote the market. According to The U.S. Green Building Council (USGBC), green and healthier buildings streamlined with supportive ventilation can elevate lease rate by 20 percent, return on investment by 19 percent, and building asset value by 10 percent. The surge in construction work across various sectors will positively create sales opportunities for the market. The increasing product offering of key players with an aim to improve the productivity and health of people in buildings and houses will significantly propel the market in the forthcoming years. For instance, RenewAire, a cutting-edge ERV technology company is dedicated to delivering ERV products to aid people with enriched indoor air quality (IAQ) for their homes and offices. In addition, the rising emphasis on energy-efficient and sustainable building solutions will subsequently enable speedy expansion of the market.

Speak to Analyst:

Regional Analysis

Massive Infrastructure Expenditure to Facilitate Growth in Asia Pacific

Asia Pacific is likely to account for the largest share during the forecast period owing to the heavy investment in infrastructure development in emerging countries such as China, India, Malaysia, Thailand and Japan. The rising living standard of people will further influence growth in the region. The modernization of residential and commercial buildings in the emerging nations will bolster the healthy growth of the market. Europe is predicted to exhibit a high growth rate during the forecast period. The growth in the region is attributed to the development of housing projects in various regions of Europe. North America is likely to hold the lion’s share during the forecast period owing to the expansion of strong-built houses and buildings in the region. The growing investments in the residential sector will create lucrative business opportunities for the market in the region. As per the study of Congressional Research Service (CRS), in 2018, the United States' overall spending on the residential fixed investment accounted for USD 785 billion with 3.3% of GDP. However, extreme climatic conditions including hailstorms, hurricanes, and heavy snowfall will subsequently dwindle the growth of the market.

Key Development:

January 2019: Daikin Industries, a global air conditioning manufacturer based in Japan announced that it has signed an agreement to acquire AHT Group, a consulting company. The acquisition involves a transaction of USD 986.6 million with a complete range of air conditioning and refrigeration products in Europe, North America, and Asia

List of Key Companies Profiled in the Energy Recovery Ventilator Market Research Report are:

  • Carrier (United Technologies) (United States)
  • Johnson Controls (Ireland)
  • Daikin Industries (Japan)
  • Trane (Ireland)
  • Nortek Air Solutions, LLC (United States)
  • Lennox International Inc. (United States)
  • Mitsubishi Electric (Japan)
  • Greenheck (United States)
  • Fujitsu Limited (Japan)
  • Zehnder (Switzerland)
  • LG Electronics (South Korea)
  • HIMPEL (South Korea)
  • Renewaire (United States)
  • Ostberg (Sweden)

Quick Buy –
Energy Recovery Ventilator Market Research Report:

Detailed Table of Content

  • Introduction
    • Definition, By Segment
    • Research Approach
    • Sources
  • Executive Summary
  • Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends
  • Key Insights
    • Macro and Micro Economic Indicators
    • Price Trend Analysis
    • Porter’s Five Forces Analysis
    • Impact of Covid-19 on the Global Energy Recovery Ventilator Market
  • Global Energy Recovery Ventilator Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Size Estimates and Forecasts
      • By Type (Value and Volume)
        • Wall-Mount
        • Ceiling-Mount
        • Cabinet
      • By Application (Value and Volume)
        • Residential
        • Commercial
        • Others
      • By Region(Value and Volume)
        • North America
        • Europe
        • Asia Pacific
        • Rest of the World

TOC Continued...!!!

Get your Customized Research Report:

Have a Look at Related Research Insights:

Chillers Market Size, Share & Industry Analysis, By Type (Screw Chillers, Scroll Chillers, Centrifugal Chillers, and Others), By Application (Chemicals and Petrochemicals, Food and Beverages, Plastics, Rubber, Medical, and Others), and Regional Forecast, 2019-2026

HVAC Control System Market Size, Share & Industry Analysis, By Product (Traditional HVAC Control Systems, Smart HVAC Control Systems), By Application (Residential, Commercial and Industrial), and Regional Forecast, 2019-2026

Heating, Ventilation, and Cooling (HVAC) System Market Size, Share & Industry Analysis, By Type (Single Split Systems, Variable Refrigerant Flow Systems, Chillers and Others), By Application (Residential, Commercial and Industrial), and Regional Forecast, 2019-2026

Commercial Refrigeration Equipment Market Size, Share & Industry Analysis, By Type (Refrigerator & Freezer, Transport Refrigeration, Refrigerated Display Cases, Ice Machines, and Others), By Application (Food & Beverage, Retail Stores, Hotels & Restaurants, Chemicals & Pharmaceuticals, and Others) and Regional Forecast, 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Fortune Business Insights™
LinkedIn | Twitter | Blogs

Read Press Release