Asia Pacific Energy Recovery Ventilator Market was worth USD 0.6 billion in 2018and is projected to grow at a CAGR of 13.20%, to reach USD 1.11 billion by 2023. Energy Recovery Ventilator is the energy recovery procedure of exchanging the energy contained in a normally exhausted building and utilizing it to treat the incoming air flow air in residential and commercial HVAC structures. In warmer seasons, the machine pre-cools and dehumidifies while humidifying and pre-heating during the cooler seasons. This technique is useful for meeting the ASHRAE air flow & power requirements, while improving indoor air quality and lowering overall HVAC system capacity at the same time.
The growing awareness regarding work-place conditions and employee welfare is leading to the high adoption of electricity healing ventilators throughout industries, leading to the market’s dominance in the commercial zone. In terms of quantity, the call for energy healing ventilators from the commercial sector has been increasing rapidly. Then again, the high value associated with these ventilators may act as a predicament to the market’s boom during the forecast period.
The Energy Recovery Ventilator market is categorized by technology type, application and region. Based on technology type, the market is categorized into Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger, and Run-Around Coil. Plate Heat Exchanger is estimated to account for the biggest proportion of the Energy Recovery ventilator market in 2017. The growth of this section of the market may be attributed to numerous factors such as enhanced performance of plate warmness exchangers to transfer heat, ease in their upkeep, and their compact layout. On the basis of application, the market is categorized into Commercial, Residential. Amongst application, the commercial phase is anticipated to account for the largest share of the Energy Recovery ventilator market in 2017. Energy Recovery ventilators introduce pre-tempered air into the primary air conditioner devices. These structures assist in stabilizing the humidity level of the indoor air. Hence, there is an excessive call for these Energy Recovery ventilators in the commercial segment.
On the basis of geographical segmentation, the Asia Pacific Energy Recovery Ventilator market is categorized into China, India, Japan, South Korea, Australia, and Others. China and South Korea lead the market in this region, closely trailed by Japan and Australia.
Some of the major players in Energy Recovery Ventilator market are Mitsubishi Electric Corporation (Japan), Daikin (Japan), Panasonic Corporation (Japan), LG Electronics (South Korea), Johnson Controls (US), Munters (Sweden), FUJITSU GENERAL (Japan), Carrier Corporation (US), Nortek Air Solutions (US), and Greenheck Fan (US).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Technology Type
5.1.1 Plate Heat Exchanger
5.1.2 Heat Pipe Heat Exchanger
5.1.3 Rotary Heat Exchanger
5.1.4 Run-Around Coil
5.1.5 Y-o-Y Growth Analysis, By Technology Type
5.1.6 Market Attractiveness Analysis, By Technology Type
5.1.7 Market Share Analysis, By Technology Type
5.2 Application
5.2.1 Commercial
5.2.2 Residential
5.2.3 Y-o-Y Growth Analysis, By Application
5.2.4 Market Attractiveness Analysis, By Application
5.2.5 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Technology Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Technology Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Technology Type
6.1.5.3 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Mitsubishi Electric Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Daikin
8.3 Panasonic Corporation
8.4 LG Electronics
8.5 Johnson Controls
8.6 Munters
8.7 FUJITSU GENERAL
8.8 Carrier Corporation
8.9 Nortek Air Solutions
8.10 Greenheck Fan
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
