openPR Logo
Press release

Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air Quality for Health Consideration Boosts Adoption

01-04-2019 02:12 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR - Research Reports

Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report.

Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to surge ahead is also projected to deepen competition in the market. Mergers and acquisitions and geographical expansion to serve a large customer base are also on the growth chart of these companies.

PDF Brochure For Future Advancements:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17549

According to the research report, the global energy recovery ventilators market stood at a valuation of US$1.8 bn in 2015. Progressing at an impressive 11.50% CAGR for the forecast period between 2016 and 2024, the demand in the market is expected to be worth US$4.8 bn by the end of 2024. Vis-à-vis volume, the market is forecast to surpass 15.9 mn units by 2024. Of the key application segments, the industrial segment currently displays the leading demand, and the trend is likely to continue over the report’s forecast period.

Geography-wise, North America has emerged as the most lucrative market, thanks to the presence of key energy recovery ventilators market in the region coupled with their high adoption rate. The North America energy recovery market is also likely to be benefitted owing to several norms and policies in place that monitor air quality for public health reasons.

Download and View Report TOC, Figures and Tables:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17549

Going forward, while North America energy recovery ventilators market is likely to report steady growth, the maturing state of this regional market is likely to limit its growth in the upcoming years. Europe is likely to hold the top spot with a share of 30.2% by the end of the forecast period. On the other hand, Asia Pacific is also likely to emerge as a key market for energy recovery ventilators in the near future.

“The demand for energy recovery ventilators is anticipated to rise exponentially, thanks to the rising consideration for health and well-being among consumers,” explains the author of this study. The alarming rise in air pollution has aroused the interest of consumers to gauge air quality they breathe, which directly impacts health. This is leading to a rising demand for energy recovery ventilators. Analysts anticipate strong demand for energy recovery ventilators over the next few years, thereby boosting the growth of energy recovery ventilators market.

Rising need to curb energy consumption in commercial and residential buildings and increasing initiatives for the development of green buildings are some other prominent factors driving the energy recovery ventilators market.

Transparency Market research is into analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.

Unit No.701, 7th Floor,
NSG IT Park, Aundh,
Pune - 411007
India

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air Quality for Health Consideration Boosts Adoption here

News-ID: 1472067 • Views: 327

More Releases from TMR - Research Reports

Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Flat Panel X-Ray Detectors Market: Overview of key Market Forces Propelling and …
PerkinElmer, Konica Minolta, Inc., Rayence, Inc., and Olympus Corporation collectively account for around 56.1% of the overall share in global flat panel x-ray detectors market in 2015. The strong presence of these firms in the market are overshadowing the smaller shares accounted by other regional firms. These players are foreseen to keep on dominating the market in forthcoming years as well, as per the revenue rates and size. Moreover, it

All 5 Releases


More Releases for North

North America Orthopedic Implants Market
According to a new report published by Research Dive, titled, "Orthopedic Implants Market : North America Opportunity Analysis and Industry Forecast, 2018-2025," the North America orthopedic implants market size was valued at $23,461 million in 2018, and is projected to reach $30,646 million by 2025, growing at a CAGR of 3.9% from 2019 to 2025. Orthopedic implant is a medical device surgically placed inside the body to restore bone function
North America Pen Needles Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘North America Pen Needles Market : Global Opportunity Analysis and Industry Forecast 2020-2027’. The North America Pen Needles Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
North American Surgical Gowns Market
The North American Surgical Gowns Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. The global surgical apparels market is growing at a significant rate due to increasing number of surgeries, and technological advancement in the field. Some of the surgical apparels available
Web Design in North London
Darcy Developments has moved to the West Hampstead area of North London. Originally based in Manchester and building up a strong client base there, including the exclusive Manchester Grammar School, they have decided to up shop and make the move to the big city. They specialise in Web Design, with an emphasis on clean, simple layouts with a strong message associated with it. They also provide ecommerce solutions such as Paypal integration
LTC North India Tour Packages
LTC TOURS is one of well known travel tour operator among the tourist from all over the world, touring India, Thailand, Malaysia & Singapore, Srilanka, Dubai, London, Paris and more. Our one of the tour package is LTC North India Tour Packages in which we are exploring the complete beauty of North India like Delhi, Rajasthan, Bikaner, and Jaisalmer. In LTC North India Tour Packages, we cover Rajasthan culture, heritage, forts