Energy Recovery Ventilator Market Analysis

Application (Commercial, Residential) 

The global energy recovery ventilator market is segmented and analyzed for demand and supply by application into commercial, residential, and others. Out of these, the commercial segment is anticipated to hold the largest market share in the forecast period. Energy recovery ventilators are widely used in commercial buildings such as hospitals, schools, offices, restaurants, commercial kitchens, and other commercial areas. Also, there are more and more "green" buildings, and various government laws to reduce energy use in buildings are being created and strictly enforced. Moreover, the market for energy recovery ventilators for commercial utilization is expanding owing to the increased demand for these devices globally. For instance, 17.2% of green building in the United States belongs to the commercial department.

Type (Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger)

The market is segmented and analyzed for demand and supply by type into ceiling mount, wall mount, and cabinet. Amongst these, the ceiling mount segment is anticipated to account for the highest market share in the forecast period. Ceiling mount energy recovery ventilators are still high in demand owing to their wiring and ducting over the walls and to reduce the installation cost and invasiveness. The ceiling mount type energy recovery ventilator is high in demand for commercial and residential areas as it lowers the consumption of central spaces and creates afresh indoor air quality.

Our in-depth analysis of the global market includes the following segments: