January 8, 2018 - 9:40 AM EST
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Global Energy Recovery Ventilator Market 2017-2022 - A $3.37 Billion Market Opportunity - Research and Markets

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The "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" report has been added to Research and Markets' offering.

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.

Increasing innovations in energy recovery ventilators to meet the customized ventilation requirements of various end users act as an opportunity for the growth of the energy recovery ventilator market across the globe.

The North American region is the largest market for energy recovery ventilators across the globe. The growing demand for energy recovery ventilators from the residential and commercial sectors of the region is expected to fuel the growth of the North America energy recovery ventilator market during the forecast period.

Lack of awareness about benefits offered by energy recovery ventilators and high cost involved in the purchase, installation, and maintenance of energy recovery ventilators are the factors expected to inhibit the growth of the energy recovery ventilator market across the globe.

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) are the leading players operating in the energy recovery ventilator market. These companies have adopted various strategies such as new product launches, expansions, and mergers & acquisitions to meet the growing demand for energy recovery ventilators as well as increase their market shares.

Market Dynamics

Drivers

  • Growing Need to Reduce Energy Consumption in Residential and Commercial Buildings
  • Increasing Number of Green Buildings Across the Globe
  • Growing Importance of Indoor Air Quality

Restraints

  • Lack of Awareness About the Benefits Offered By Energy Recovery Ventilators
  • High Cost Involved in the Purchase, Installation, and Maintenance of Energy Recovery Ventilators

Opportunities

  • Innovations in Energy Recovery Ventilators

Challenges

  • Complexities Involved in Retrofitting Existing Buildings With New and Advanced Energy Recovery Ventilators

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Energy Recovery Ventilator Market, By Technology Type

7 Energy Recovery Ventilator Market, By Application

8 Energy Recovery Ventilator Market, By Region

9 Competitive Landscape

10 Company Profiles

  • 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

For more information about this report visit https://www.researchandmarkets.com/research/p4lkdw/global_energy?w=4

Research and Markets
Laura Wood, Senior Manager
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Related Topics: Heat Exchangers and Cooling Towers


Source: Business Wire (January 8, 2018 - 9:40 AM EST)

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