Los Angeles, CA -- (SBWire) -- 09/27/2019 --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).

Carrier (United Technologies), Johnson Controls and Daikin Industries capture the top three revenue share spots in the Energy Recovery Ventilation System market in 2016. Carrier dominated with 13.491% production value share, followed by Johnson Controls with 9.569% production value share and Daikin Industries with 8.345% production value share.

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In the next five years, the global Consumption Revenue of Energy Recovery Ventilation System will show upward tendency further. The rising demand for fresh air and the need to reduce pollutants are the driving factors for the global energy recovery ventilator market growth. Additionally, increasing demand for energy housing projects and increase in construction activities is expected to drive the growth of the global energy recover ventilator market, during the forecast period (2016 - 2022).

Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.

Although sales of Energy Recovery Ventilation System brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.

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This report studies the Energy Recovery Ventilation System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The key manufacturers in this market include:

Carrier (United Technologies)

Johnson Controls

Daikin Industries

Trane

Nortek

Lennox International Inc.

Mitsubishi Electric

Greenheck

FUJITSU

Zehnder

LG Electronics

Renewaire

Ostberg

By the product type, the market is primarily split into

Wall-Mount

Ceiling-Mount

Cabinet-Mount

By the end users/application, this report covers the following segments

Residential

Commercial

Others

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