Global and United States Energy Recovery Ventilators (ERV) Market Report & Forecast 2022-2028

An energy recovery ventilator (also abbreviated ERV) is a type of air-to-air heat exchanger that not only transfers sensible heat but also latent heat. Because both temperature and moisture are transferred, ERVs can be considered total enthalpic devices.
Market Analysis and Insights: Global and United States Energy Recovery Ventilators (ERV) Market
This report focuses on global and United States Energy Recovery Ventilators (ERV) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Energy Recovery Ventilators (ERV) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Rotary Enthalpy Wheel accounting for % of the Energy Recovery Ventilators (ERV) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Commercial was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Energy recovery ventilation (ERV) is the energy recovery process of exchanging the energy contained in normally exhausted building or space air and using it to treat (precondition) the incoming outdoor ventilation air in residential and commercial HVAC systems. During the warmer seasons, the system pre-cools and dehumidifies while humidifying and pre-heating in the cooler seasons. The benefit of using energy recovery is the ability to meet the ASHRAE ventilation & energy standards, while improving indoor air quality and reducing total HVAC equipment capacity.
This technology has not only demonstrated an effective means of reducing energy cost and heating and cooling loads, but has allowed for the scaling down of equipment. Additionally, this system will allow for the indoor environment to maintain a relative humidity of 40% to 50%. This range can be maintained under essentially all conditions. The only energy penalty is the power needed for the blower to overcome the pressure drop in the system.
Global Energy Recovery Ventilators (ERV) Scope and Market Size
Energy Recovery Ventilators (ERV) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Energy Recovery Ventilators (ERV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Energy Recovery Ventilators (ERV) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Rotary Enthalpy Wheel
Fixed Plate
Others
Segment by Application
Commercial
Residential
Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Mitsubishi Electric
Carrier (United Technologies)
Johnson Controls (York&Ruskin)
Daikin Industries
Ingersoll Rand (Trane)
Nortek
Lennox
Greenheck Fan Corporation
FUJITSU
Munters
Ostberg
Zehnder
LG Electronics
Renewaire
Heatex Ab
Airxchange Inc.