Energy Recovery Ventilators Market

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Energy Recovery Ventilators Market Global Industry Analysis, Size, Share,
Trends, and Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Energy
Recovery Ventilators Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016 - 2024” This report
likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Energy recovery ventilators or heat recovery ventilators are designed to provide savings in mechanical ventilation systems.
Energy from buildings’ exhaust air is recycled to preheat outside air/ventilation air. The pre-conditioning of outside air reduces
the load on HVAC (Heating, Ventilation, and Air-conditioning). Thus, energy recovery ventilators lower the required capacity of
mechanical equipment (heat exchangers, condensers, heaters, coolers, etc.).
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Most homes/living places show visible signs of humidity and staleness. Central ventilation and filtration in the form of energy
recovery ventilators effectively eliminates airborne pollutants and excessive humidity, thus protecting a family’s health and the
structure of the living/working space. Energy recovery ventilators circulate fresh air in the living space by managing incoming
and outgoing air for different climatic conditions, seasons, temperature, and humidity levels since these are engineered for all
climatic conditions. The indoor stale air is filtered off all pollutants, humidity, and staleness from the outside air, thereby
efficiently managing air exchange to maintain comfortable humidity and temperature levels.
Energy Recovery Ventilators: Market Dynamics and Trends
Energy recovery ventilators can recover both sensible (dry) energy and latent (moisture) energy. Thus, they are effective in
summer and winter seasons. Heat recovery ventilators are less effective during the winter season.
Energy savings and optimum energy utilization of the available energy without affecting internal air Quality (IAQ) are some of
the major reasons for the use of energy recovery ventilators. Apart from that, the impact of ASHRAE (American Society of
Heating, refrigeration and Air-Conditioning Engineers) codes and standards. Today, the trend is to follow ASHRAE standard 62.1 –
Ventilation for Acceptable Indoor Air Quality, which gives approximate quantity of the volume of air required to be ventilated for
a given building. Commercial buildings frequently require indoor stale air to be exchanged with outside fresh air depending on
the use of the building. A building without energy recovery ventilator wastes its exhaust air while additional energy is consumed
to either heat or cool the outdoor air to match with the room conditions. Energy consumption can reduce up to half if energy
recovery ventilators are used.
Energy Recovery Ventilators: Market Segmentation
Based on technology, the energy recovery ventilators market can be segmented into heat pipe heat exchanger (HPHE), rotary
heat exchanger (RHE), plate heat exchanger (PHE), run around coils heat exchangers (RCHE), and air to air energy exchangers.
Based on the region, the energy recovery ventilators market can be divided into Asia Pacific, Middle East & Africa, North
America, Europe, and Latin America.
Based on application, the market for energy recovery ventilators can be segmented into commercial, residential, medical care
facilities and laboratories, and animal ventilation.
Based on components, the market for energy recovery ventilators can be segmented into coated and desiccant cylinder
(revolving), engineered polymer wheel, aluminum wheel, and silica gel.
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Energy Recovery Ventilators Market: Region-wise outlook
North America and Asia Pacific are the leaders in the energy recovery ventilators market. This can be ascribed to rapid
industrialization, strict ASRAE standard implementation due to extreme climatic conditions, and presence of many
manufacturing facilities, service centers, and commercial hubs in these regions. Middle East follows North America and AsiaPacific regions.
Energy Recovery Ventilators: Key Players
Carrier Corporation, General, Daikin industries Ltd., Blue Star Ltd., Venmar Ventilation ULC, Ruskin Company, and Airxchange
Inc. are the major companies operating in the energy recovery ventilators market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
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Market segments and sub-segments
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Market trends and dynamics
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Supply and demand
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Market size
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Current trends/opportunities/challenges
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Competitive landscape
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Technological breakthroughs
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Value chain and stakeholder analysis
The regional analysis covers:
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North America (U.S. and Canada)
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Latin America (Mexico, Brazil, Peru, Chile, and others)
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Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
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Eastern Europe (Poland and Russia)
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Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
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Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
Highlights of the report:
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A complete backdrop analysis, which includes an assessment of the parent market
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Important changes in market dynamics
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Market segmentation up to the second or third level
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Historical, current, and projected size of the market from the standpoint of both value and volume
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Reporting and evaluation of recent industry developments
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Market shares and strategies of key players
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Emerging niche segments and regional markets
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An objective assessment of the trajectory of the market
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Recommendations to companies for strengthening their foothold in the market
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