Europe Energy Recovery Ventilator Market

Europe Energy Recovery Ventilator Market Size (2022 - 2027):

The Europe Energy Recovery Ventilator Market was worth USD 0.7 billion in 2021 and is projected to grow at a CAGR of 11.22%, to reach USD 1.22 billion by 2027 during the forecast period 2022-2027.

Energy Recovery Ventilator is the energy recovery procedure of exchanging energy in a normally exhausted building and utilizing it to treat the incoming airflow 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 airflow & power requirements while improving indoor air quality and lowering overall HVAC system capacity simultaneously. The growing awareness regarding workplace 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 be a predicament to the market’s boom during the forecast period.

EUROPE ENERGY RECOVERY VENTILATOR MARKET REPORT COVERAGE:

Market Segmentation:

Europe Energy Recovery Ventilator Market - By Technology Type:

• Plate Heat Exchanger
• Heat Pipe Heat Exchanger
• Rotary Heat Exchanger

Based on technology type, the market is categorized into Plate Heat Exchanger, Heat Pipe Heat exchangers, 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. T

The growth of this section of the market may be attributed to numerous factors such as the enhanced performance of plate warmness exchangers to transfer heat, ease in their upkeep, and compact layout.

Run-Around Coil 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.

Europe Energy Recovery Ventilator Market - By Application:

• Commercial
• Residential

Market Geographical Analysis:

• UK
• France
• Germany
• Spain
• Italy
• Switzerland
• Denmark
• Sweden
• Netherlands
• Turkey
• The Czech Republic and the Rest of Europe

France and the UK lead this regional market due to the presence of a large number of companies and commercial building construction programs.

Market Key Players:

1. Mitsubishi Electric Corporation (Japan)
2. Daikin (Japan)
3. Panasonic Corporation (Japan)
4. Lg Electronics (South Korea)
5. Johnson Controls (Us)
6. Munters (Sweden)
7. Fujitsu General (Japan)
8. Carrier Corporation (US)
9. Nortek Air Solutions (Us)
10. Greenheck Fan (Us)