Energy Recovery Ventilator Market Size and Scope by 2031
Energy Recovery Ventilator Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 4,698.86 Million |
Market Size by 2031 | US$ 8,128.52 Million |
Global CAGR (2023 - 2031) | 8.1% |
Historical Data | 2021-2023 |
Forecast period | 2024-2031 |
Segments Covered |
By Technology Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Energy Recovery Ventilator Market News and Recent Developments
The energy recovery ventilator market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Energy Recovery Ventilator market are listed below:
- Panasonic, a leading provider of ventilation and healthy indoor living solutions to the building industry, announced the launch of its BalancedHome Elite and Elite Plus Series of Energy Recovery Ventilators (ERV). The new BalancedHome series ERVs are versatile and efficient, giving builders the flexibility to choose between eight different models with four different CFM levels. (Source: Panasonic Corporation, Press Release, December 2024)
- Daikin Saudi Arabia (Daikin Industries Ltd) opened a new factory in Saudi Arabia. This factory is expected to manufacture air handling units and other applied air conditioning solutions. Through this expansion, the company strengthened its position in the energy recovery ventilator market in the Middle East and Africa. (Source: Daikin Industries Ltd, Press Release, November 2020)
Energy Recovery Ventilator Market Report Coverage and Deliverables
The "Energy Recovery Ventilator Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Energy Recovery Ventilator market size and forecast at country levels for all the key market segments covered under the scope
- Energy Recovery Ventilator market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Energy Recovery Ventilator market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Energy Recovery Ventilator market
- Detailed company profiles