Research Nester published a report titled “Energy Recovery Ventilator Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global energy recovery ventilator market in terms of market segmentation by technology type, type, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global energy recovery ventilator market is estimated to occupy a hefty amount of revenue by growing at a CAGR of ~6% during the forecast period, i.e., 2022 – 2030, owing to the escalating construction of green buildings globally, and rising awareness about indoor air quality. Apart from these, growing technological developments for making innovative products and increasing usage of renewable materials for generation of electricity are also expected to drive market growth in the forthcoming years. In 2018, the International Energy Agency suggested in one of its statistics that 421,131 GWh of electricity was generated from primary solid biofuels in that year, up from 390,848 GWh and 366,375 GWh of electricity produced in the 2017 and 2016 respectively.
The market is segmented by technology type, type, and applications. Based on technology type, the plate heat exchanger segment is anticipated to grab the largest market share during the forecast period on the back of growing demand for these ventilators from residential and commercial sectors. Additionally, by application, the commercial segment is projected to gather the largest share over the forecast period ascribing to the rising number of energy efficient buildings worldwide.
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Geographically, the global energy recovery ventilator market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America is evaluated to grab the largest share in the market during the forecast period attributing to the increasing residential fixed investments. Moreover, Asia Pacific is predicted to register noteworthy growth ascribing to the escalating living standards and robust growth of real estate sector in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Construction of Green Buildings Globally to Drive Market Growth
Over the last few years, the consciousness regarding the health of occupants is on an upsurge, as a result of rising emissions. This is giving impetus to the construction of green and healthier buildings streamlined with supportive ventilation, which in turn is considered to be one of the most crucial factors driving market growth in the coming years.
However, expensive maintenance of energy recovery ventilator is expected to operate as key restraint to the growth of the global energy recovery ventilator market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global energy recovery ventilator market which includes company profiling of Panasonic Corporation, Mitsubishi Electric Corporation, Daikin Industries, Ltd., Lennox International, LLC, Nortek Air Solutions, LLC, Dae Ryun Ind. Co. Ltd., UltinateAir, Inc., Carrier Corporation, General Electric Company, LG Electronics, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global energy recovery ventilator market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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The Energy Recovery Ventilator Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the energy recovery ventilator market include ABB Ltd., Nortek Air Solutions, FUJITSU General, Daikin, Greenheck Fan, General Electric Company, LG Electronics, Munters, Panasonic Corporation, Mitsubishi Electric Corporation, Johnson Controls, Carrier Corporation.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Energy Recovery Ventilator Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/energy-recovery-ventilator-market/download-sampleMarket DynamicsThe global energy recovery ventilator market is experiencing significant rise owing to the increasing significance of indoor air quality, innovations in ERVs, increasing trend for green buildings, and growing demand to minimize energy consumption in commercial and residential buildings.
COVID-19 pandemic is likely to support the global ERV market due to the increasing requirement of improved quality indoor air to reduce the chances of infection.
However, high installation and maintenance costs and lack of awareness is estimated to restrain the growth of the market.
COVID-19 Impact Analysis on Energy Recovery Ventilator Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the energy recovery ventilator market include ABB Ltd., Nortek Air Solutions, FUJITSU General, Daikin, Greenheck Fan, General Electric Company, LG Electronics, Munters, Panasonic Corporation, Mitsubishi Electric Corporation, Johnson Controls, Carrier Corporation.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Energy Recovery Ventilator Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/energy-recovery-ventilator-market/download-sampleMarket DynamicsThe global energy recovery ventilator market is experiencing significant rise owing to the increasing significance of indoor air quality, innovations in ERVs, increasing trend for green buildings, and growing demand to minimize energy consumption in commercial and residential buildings.
COVID-19 pandemic is likely to support the global ERV market due to the increasing requirement of improved quality indoor air to reduce the chances of infection.
