Middle East And Africa Energy Recovery Ventilator Market Research Report - Segmentation By Technology Type (Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger, Run-Around Coil), By Application (Commercial, Residential) And By Region - Middle East And Africa Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029

Updated On: January, 2024
ID: 7773
Pages: 110

Middle East And Africa Energy Recovery Ventilator Market Size (2022-2027):

The Middle East and Africa Energy Recovery Ventilator Market was worth USD 0.29 billion in 2021 and is projected to grow at a CAGR of 10.55%, to reach USD 0.47 billion by 2027between 2022-2027.

Market Overview:

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 airflow & power requirements while improving indoor air quality and lowering overall HVAC system capacity at the same time.

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 act as a predicament to the market’s boom during the forecast period.

Market Segmentation:

Middle East And Africa Energy Recovery Ventilator Market - By Technology Type:

  • Plate Heat Exchanger
  • Heat Pipe Heat Exchanger
  • Rotary Heat Exchanger
  • Run-Around Coil

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. The growth of this market section 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. On the basis of application, the market is categorized into Commercial, Residential. Amongst applications, 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.

Market Geographical Analysis:

In view of the region, the Middle East And Africa Energy Recovery Ventilator Market have been fragmented into countries like

  • Saudi Arabia
  • Tunisia
  • UAE
  • Egypt
  • Qatar
  • South Africa

Market key players:

Major companies plying their trade in the Middle East And Africa Energy Recovery Ventilator Market include

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

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