Upcoming Allied Market Research
Energy Recovery Ventilator Market

Energy Recovery Ventilator Market

by Type (Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger, Run-around Coil, and Others) and Application (Residential, Commercial, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A15962
Pages: NA
Jul 2023 | 1601 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Energy Recovery Ventilator Market

Request Now !

Energy recovery ventilation (ERV) is the energy recovery process of exchanging energy where the ventilation unit is enclosed, generally in exhausted building/space air and utilizing it to treat or precondition the entering outdoor ventilation air in commercial and residential HVAC (Heating, Ventilation, Air Conditioning) systems. ERV is installed in places where high concentrations of people are present and where there is a need for sufficient fresh air. It helps in lowering the utility expenses and recover energy in the building. ERV allows fresh air into the building, lowers the CO2 levels, and keeps the residents healthy and alert. It also assists in controlling odors, where the stale air is exhausted out and fresh air is permitted inside the building. It equalizes the pressure by allowing fresh air into the building and the conditioned air is exhausted out. ERV maintains cool energy in the summer and warm energy in the winter. It reduces the total HVAC equipment capacity and improves indoor air quality. Energy recovery ventilator offers benefits such as meeting the energy standards and American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) ventilation. However, the high prices of units is the major hindrance for the market.

Market Scope and Structure Analysis

Report Metric


Market Size Available for Years


  Base Year Considered


  Forecast Period


  Forecast Unit

  Value (USD)

  Segments Covered

  Type, Application, and Region

  Companies Covered

Mitsubishi Electric Corporation, Daikin, Panasonic Corporation, LG Electronics, Johnson Controls, Munters, FUJITSU GENERAL, Carrier Corporation, Nortek Air Solutions, and Greenheck Fan Corporation

COVID-19 Impact Analysis 

  • The unfavorable global effects of COVID-19 are already evident, and they had a big impact on the energy recovery ventilator market in 2020.
  • The World Health Organization (WHO) has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread in over 100 nations and resulted in massive deaths globally. Exports & imports, global manufacturing, tourism, and financial sectors have all been heavily damaged.
  • The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy's already sluggish development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
  • The restriction of imports and exports has affected the energy recovery ventilator to a great extent as consumers’ consumption and demand patterns are changing amidst pandemic. 

Top Impacting Factors

The call for electricity healing ventilator has persisted to extend extensively for the duration of the years. Rising urbanization is partly liable for maintaining the developing call for electricity healing ventilator. Implementation and system of diverse authorities rules concerning the usage of electricity healing ventilators to grant the prevailing homes and, incorporation of inexperienced homes main to a growing funding in production zone are a few factors, which might be expected to force the call for electricity healing ventilator for the duration of the forecast period. LEED certification with the aid of using developers has additionally envisaged using strength ventilators in business and home constructing establishments. The call for strength healing ventilator is at once connected with the financial improvement of economies and fast industrialization. Advancements in technologies, including upgrades in warmth healing technology, are colorful elements predicted to force the worldwide strength healing ventilator market. The numerous stop customers of electricity restoration ventilators are industrial, residential, commercial, etc. As those stop-customers are trying to find electricity saving answers at within your budget prices, the electricity restoration ventilators grow to be a dynamic a part of their stop-use industries. The electricity restoration ventilator enterprise is predicted to be extraordinarily aggressive and is subjected to stand commercial enterprise dangers as a result of elements inclusive of geographic presence, the era used, the product’s performance, the rate of the goods and the consumer service. However, developing preservation and restore sports withinside the residential area is one of the elements growing possibilities for electricity restoration ventilator.

Market Trends

  • Increase in Construction of Green Buildings to Accelerate Market Growth
  • The rise in trends towards the construction of green buildings aid the market growth. This is owing to the rise in awareness of occupants for health, stringent government norms, standards for energy consumption, and the rise in hazardous emissions. The building owners are now tending towards constructing green buildings to gain more from the total income arising from property. Owing to this, the market for energy ventilators is anticipated to grow significantly in the coming years with the rise in deployment of ventilators across multiple projects. Furthermore, key suppliers align their products in line with green building certifications. Therefore, the surge in construction activities across the globe for green buildings are forecasted to drive the energy recovery ventilators market.
  • Rise in Awareness for Indoor Air Quality (IAQ) is Expected to Fuel Demand
  • The quality of air is an important concern getting acknowledged nowadays. The deficient Indoor Air Quality (IAQ) creates an adverse impact on the health, cognitive function, productivity, and well-being of indoor occupants. The rise in demand for energy recovery ventilator is anticipated to drive the market owing to its capability to continuously replace stale indoor air with fresh outdoor air, ability to remove pollutants including excess moisture and molds, household chemicals and bacteria present in indoor environment, optimize energy efficiency, minimize carbon footprint, and others.
  • Ceiling-Mount Type Anticipated to Grow Significantly in Market
  • Ceiling-mount energy recovery ventilator is estimated to hold a vital part of the market share, exhibiting the highest growth rate. Ceiling-mount ERV has exponential demand in the market as the existing wiring and ducting over the walls ultimately minimizes the installation cost and the invasiveness. This type of ERV has a higher demand in the commercial and residential place as it reduces the consumption of central spaces, thus offers larger workspace with healthy indoor air quality.

Key Benefits of Report

  • This study presents the analytical depiction of the Energy Recovery Ventilator industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the energy recovery ventilator share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the energy recovery ventilator growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed energy recovery ventilator analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in Energy Recovery Ventilator Report

  • Who are the leading market players active in the energy recovery ventilator market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?

Energy Recovery Ventilator Market Report Highlights

Aspects Details
By Type
  • Plate Heat Exchanger
  • Heat Pipe Heat Exchanger
  • Rotary Heat Exchanger
  • Run-around Coil
  • Others
By Application
  • Residential
  • Commercial
  • Industrial
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Energy Recovery Ventilator Market

Start reading.
This Report and over 53,854+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers