Energy Recovery Ventilator Market by Technology (Plate Heat Exchange, Heat Pipe Heat Exchange, Rotary Heat Exchange, Run-Around Coil, and Others), Application (Commercial, Residential, and Others), Region - Global Forecast to 2021
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Published: Jul 2016 No. of Pages: 141 Single User PDF: US$ 5650
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Energy Recovery Ventilator Market: Global Forecast to 2021
“The global energy recovery ventilator market is projected to grow at a CAGR of 11.4% from 2016 to 2021” The global energy recovery ventilator market is projected to reach USD 3.39 billion by 2021, at a CAGR of 11.4% between 2016 and 2021. Favorable economic conditions especially in the U.S., growing concerns related to greenhouse gas emissions, and support from government through federal tax credit have led to the increasing deployment of energy recovery ventilator systems in various applications across several sectors such as commercial and residential. “The commercial segment is the largest application segment in the global energy recovery ventilator market” The major reason behind the growth of commercial sector is the increasing penetration of energy recovery ventilators in commercial buildings such as gyms, hotels, offices, and laboratories in comparison to the residential segment.
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Energy Recovery Ventilator Market: Global Forecast to 2021
“North America led the global energy recovery ventilator market in 2015 and is projected to register the highest CAGR between 2016 and 2021” The energy recovery ventilator market in North America is projected to register the highest CAGR between 2016 and 2021. This high growth can be attributed to the growing initiatives by government and non-government organizations for the adoption of energy recovery ventilators. The federal government mandates energy recovery ventilation systems in federal buildings and recommends that schools and small businesses consider the use of energy recovery ventilation. Profile break-up of primary participants for the report: By Company Type – Tier 1 55 %, Tier 2 – 20%, Tier 3 – 25% By Designation – C level – 75%, Director level – 25%, By Region – Asia-Pacific – 30%, Europe – 20%, North America – 10%, Middle East & Africa¬-20%, Latin America – 20%
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Energy Recovery Ventilator Market: Global Forecast to 2021
The report provides insights on the following pointers: Market Penetration: Comprehensive information on the energy recovery ventilators offered by top players Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the energy recovery ventilator market Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for energy recovery ventilators across varied regions Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the energy recovery ventilators market
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Energy Recovery Ventilator Market: Global Forecast to 2021
Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, and opportunities. It also discusses competitive strategies adopted by different market players, such as Mitsubishi Electric Corporation, Ltd., Nortek Air Solutions, LLC, Munters Corporation, Greenheck, RenewAire, LLC, Reznor, Zehnder America, Inc., Ruskin Rooftop System, and DRI Innovative Air Solutions. Complete report on Energy Recovery Ventilator Market spread across 141 pages, profiling 10 companies and supported with 102 tables and 31 figures is now available at http://www.marketreportshub.com/energy-recovery-ventilator-industryresearch-marketsandmarkets.html .
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