Press release
Energy Recovery Ventilation Systems Market Share, Top Manufacturers, Oulook and Forecast by 2030
Energy Recovery Ventilation Systems Market
Top Companies
Mitsubishi Electric Corporation, Daikin, Panasonic Corporation, LG Electronics, Johnson Controls, Munters, FUJITSU GENERAL, Carrier Corporation, Nortek Air Solutions, and Greenheck Fan.
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The ERV systems are designed to transfer heat and moisture between the incoming and outgoing air streams. This is achieved through a heat exchanger that allows the incoming air to be pre-cooled or pre-heated, depending on the season. This reduces the amount of energy needed to cool or heat the incoming air to the desired temperature, thereby reducing the energy costs associated with HVAC systems.
The global Energy Recovery Ventilation Systems market is expected to grow at a significant rate over the next few years, driven by increasing awareness of the importance of indoor air quality and energy efficiency in buildings. In addition, government regulations mandating the use of energy-efficient HVAC systems in commercial buildings are also expected to drive market growth.
Competitive Analysis
The report takes in an analysis of the major market players active in the global Energy Recovery Ventilation Systems Market. It emphasizes on the business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.
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Analysis of COVID-19 impact
The COVID-19 pandemic has impacted the global Energy Recovery Ventilation Systems Market negatively along with altering the entire market scenario. The report delineates the impact of the lockdown across the world and how the ban on international travel that has disrupted the total value chain, thereby leading to a global crisis. The report also examines the post-COVID-19 scenario along with portraying how the rollout of mass vaccination programs by several government bodies is going to help the global Energy Recovery Ventilation Systems Market recoup soon.
KEY MARKET SEGMENTS
By Technology Type
Pipe Heat Exchanger
Plate Heat Exchanger
Run-around Coil
Rotary Heat Exchanger
Others
By Application
Commercial
Residential
Others
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