The Global Energy Recovery Ventilation System Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
Energy recovery ventilator (ERV) is a type of mechanical equipment that features a heat exchanger combined with a ventilation system for providing controlled ventilation into a building. An energy recovery ventilator with humidity regulation incorporates a method to remove excess humidity or add humidity to the ventilating air that is being brought into a house. This report focus on wall-mount, ceiling-mount and cabinet mount type products.
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).
According to this study, over the next five years the Energy Recovery Ventilation System market will register a 11.9% CAGR in terms of revenue, the global market size will reach US$ 4220 million by 2024, from US$ 2150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Energy Recovery Ventilation System business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Carrier (United Technologies)
- Johnson Controls
- Daikin Industries
- Lennox International Inc.
- Mitsubishi Electric
- LG Electronics
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
- United States
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- To study and analyze the global Energy Recovery Ventilation System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Energy Recovery Ventilation System market by identifying its various subsegments.
- Focuses on the key global Energy Recovery Ventilation System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Energy Recovery Ventilation System with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Energy Recovery Ventilation System submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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