Press release
Energy Recovery Ventilator Market is Forecasted to Reach US$ 6.21 Billion in 2030, Says Stratview Research
The global energy recovery ventilator market is projected to witness a growth rate of 7.67% annually from 2024 to 2030, with an anticipated size of US$ 6.21 billion by 2030, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global energy recovery ventilator market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3705/energy-recovery-ventilator-market.html#form
Report Highlights:
Market Size in 2030: US$ 6.21 billion
Growth (CAGR): 7.67% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Segment Insights on the Energy Recovery Ventilator Market:
The global Energy Recovery Ventilator market is segmented based on Technology type, Application type, and Region.
Based on technology type - The market is segmented into plate heat exchangers, heat pipe heat exchangers, rotary heat exchangers, run-around coils, and others. Plate heat exchanger is expected to remain the dominant technology type in the market during the forecast period. The adoption of plate heat exchangers in ERVs offers several advantages. Their compact size, high heat transfer efficiency, and ability to handle varying airflows make them well-suited for ERV applications. Additionally, these exchangers enable efficient heat and moisture recovery, improving overall system performance and reducing energy consumption.
Based on application type - The market is segmented into commercial, residential, and others. Commercial is expected to remain the dominant application type in the market during the forecast period. commercial buildings encompass a wide range of establishments, including offices, retail spaces, hotels, and healthcare facilities, all of which require efficient ventilation systems to ensure indoor air quality and occupant comfort. As regulations and awareness regarding indoor environmental quality continue to intensify, the demand for energy recovery ventilators (ERVs) within the commercial sector is set to increase.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/3705/energy-recovery-ventilator-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
In terms of regions, North America is expected to remain the largest market for energy recovery ventilators during the forecast period owing to the increasing demand for stationary Energy Recovery Ventilators in the region. North America has a substantial and diverse building stock, including both residential and commercial structures. The region's stringent building codes and regulations related to energy efficiency and indoor air quality create a strong demand for advanced ventilation solutions like ERVs.
Asia Pacific is also likely to create sizeable opportunities in the coming five years. The region's rapid urbanization and industrialization have led to significant growth in construction activities, both in residential and commercial sectors. This surge in building projects creates a substantial demand for efficient ventilation systems like ERVs to ensure optimal indoor air quality and energy management.
Energy Recovery Ventilator Market Drivers:
Some of the key drivers listed in the report are given below.
• The increasing need to decrease energy usage in homes and businesses, as well as the rising prevalence of environmentally friendly buildings.
• An increasing emphasis on maintaining indoor air quality and a greater awareness among individuals about the quality of indoor environments.
• The growth of the energy recovery ventilator market is hindered by the significant expenses associated with installation and maintenance.
Top Companies in the Energy Recovery Ventilator Market:
Stratview Research has identified the following companies as the top market players.
• Mitsubishi Electric Corporation
• Daikin
• Panasonic Corporation
• LG Electronics
• Johnson Controls
• Fujitsu General
• Carrier Corporation
• Nortek Air Solution
• Munters
• Greenheck Fan Corporation
• Heatex AB
Note: The above list does not necessarily include all the top players in the market.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the Energy Recovery Ventilator Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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 Ventilator Market is Forecasted to Reach US$ 6.21 Billion in 2030, Says Stratview Research here
News-ID: 4013059 • Views: …
More Releases from Stratview Research
High-Performance Pavement Marking Materials Market is Forecasted to Reach US$ 2. …
The global high-performance pavement marking materials market is projected to witness a growth rate of 4.3% annually from 2022 to 2027, with an anticipated size of US$ 2.2 billion by 2027, according to an analysis by Stratview Research.
Stratview Research, a global market research firm, has launched a report on the global high-performance pavement marking materials market, which provides a comprehensive outlook of the global and regional industry forecast, current &…
Heat-Resistant PPA Prepreg Market is Forecasted to Reach US$ 22.9 Million in 203 …
The global heat-resistant PPA prepreg market is projected to witness a growth rate of 46% annually from 2023 to 2032, with an anticipated size of US$ 22.9 million by 2032, according to an analysis by Stratview Research.
Stratview Research, a global market research firm, has launched a report on the global heat-resistant PPA prepreg market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends,…
FRP Utility Pole Market is Forecasted to Reach US$ 195.9 Million in 2030, Says S …
The global FRP utility pole market is projected to witness a growth rate of 4.6% annually from 2024 to 2030, with an anticipated size of US$ 195.9 million by 2030, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global FRP utility pole market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends,…
Fracking Fluid End Market is Forecasted to Reach US$ 734.7 Million in 2028, Says …
The global fracking fluid end market is projected to witness a growth rate of 4.2% annually from 2023 to 2028, with an anticipated size of US$ 734.7 million by 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm, has launched a report on the global fracking fluid end market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends,…
More Releases for Energy
Green Renewable Energy Market Next Big Thing: Enphase Energy, Bloom Energy, Clea …
Advance Market Analytics published a new research publication on "Green Renewable Energy Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Green Renewable Energy market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
Business Energy Solution Market Size in 2023 To 2029 | SSE Energy Solutions, BES …
The large-scale Business Energy Solution market report provides valuable insights for clients looking to forecast investments in emerging markets, expand market share, or launch new products. The report presents multifaceted Business Energy Solution market insights that are simplified using established tools and techniques, making it a credible marketing report. Data is presented in a clear and easy-to-understand manner, with graphs and charts to aid comprehension. The report employs integrated approaches…
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph …
A new business intelligence report released by AMA with title "Decentralized Energy Storage Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Decentralized Energy Storage Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene …
Qurate Business Intelligence’s up-to-date research study on Waste-To-Energy Technologies was performed by highly qualified research professionals and industry experts. This is to provide an in-depth analysis on the Waste-To-Energy Technologies. The report is comprehensive and includes over 120 pages. The global energy market is witnessing a shift toward waste to energy technologies due to growing energy demands worldwide, the rapid depletion of conventional sources of energy, and concerns over…
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S …
Zion Market Research published a new 110+ pages industry research "Global Waste to Energy Market Set For Rapid Growth, To Reach Value Around USD 42.74 Billion By 2024" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on…
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi …
Looking at the current market trends as well as the promising demand status of the “In-Pipe Hydro Systems Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting…
