Energy Recovery Ventilator (ERV） is expected to grow at a CAGR of roughly 12.3% over the next five years

The global energy recovery ventilator market is growing due to increasing demand for energy recovery ventilators from end use industry segments of commercial and residential sectors. Ventilation is an important part in the HVAC systems. Incorrect ventilation system attracts pollutants such as virus, chemicals, ducts, and allows molds to grow rapidly. The use of advanced heating and energy recovery ventilation technology has allowed these systems to provide various benefits and help end-users in choosing from a wide range of high efficiency energy recovery ventilators (ERVs).

Carrier (United Technologies), Johnson Controls and Daikin Industries capture the top three production value share spots in the Energy Recovery Ventilation System market in 2016. Carrier dominated with 13.491% production value share, followed by Johnson Controls with 9.569% production value share and Daikin Industries with 8.345% production value share.

The worldwide market for Energy Recovery Ventilator (ERV） is expected to grow at a CAGR of roughly 12.3% over the next five years, will reach 4310 million US$ in 2023, from 2150 million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers
    Carrier (United Technologies)
    Johnson Controls
    Daikin Industries
    Trane
    Nortek
    Lennox International Inc.
    Mitsubishi Electric
    Greenheck
    FUJITSU
    Zehnder
    LG Electronics
    Renewaire
    Ostberg

Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
    Wall-Mount
    Ceiling-Mount
    Cabinet-Mount

Market Segment by Applications, can be divided into
    Residential
    Commercial
    Others

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Related Information：
United States Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023
Europe Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023
North America Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023
Asia-Pacific Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023
China Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023
EMEA Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023
Global Energy Recovery Ventilator(ERV) Market 2018 Forecast to 2023

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