Global Energy Recovery Ventilator
Market Report
2025
The worldwide Energy Recovery Ventilator market size will be USD 4.37 Billion in 2024. It will show the strongest growth, with a compounded annual growth rate (CAGR) of 13.86% from 2024 to 2031. Increased demand for load reduction and indoor air quality, the benefits of rules and regulations, the rise in the construction of green structures, and the constant improvements in renewable energy ventilator systems.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Energy Recovery Ventilator Market Report 2025.
According to Cognitive Market Research, the worldwide Energy Recovery Ventilator market will be USD 4.37 billion in 2024 and will expand at a compounded annual growth rate (CAGR) of 13.86% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Energy Recovery Ventilator Market Sales Revenue | 121212 | 121212 | 121212 | 13.86% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Technology |
|
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Energy Recovery Ventilator industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Energy Recovery Ventilator Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
In homes as well as business HVAC systems, energy recovery from ventilation, or ERV, is the process of exchanging the energy in typically exhausted air from a building or other conditioned area to treat (preconditioning) incoming outside ventilation air. The particular apparatus in question might be referred to as an Energy Recovery Ventilator. A central ventilating system called an ERV removes indoor pollutants from the air and regulates the relative humidity in the room, thereby supplying fresh air. It is sometimes referred to as an ERV air exchanger or an ERV ventilation system. To guarantee that the pleasant air reaches the available room space, the ERV filters out contaminants, pollen, and other dangerous impurities. It is becoming more and more popular as a means of preventing these negative effects since it enhances the interior air quality and gets rid of moisture and bad air. The global market for energy recovery ventilation systems is anticipated to develop in the coming years due to the increasing need for ventilation.
We have various report editions of Energy Recovery Ventilator Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In 2025, global trade entered a turbulent phase as the U.S., under President Donald Trump, introduced aggressive "Liberation Day Tariffs" to address trade imbalances. These tariffs, ranging from 10% to 46%, heavily impacted the energy and power sector, which relies on global supply chains for critical components like rare earth metals, solar panels, wind turbines, and lithium. The U.S.–China trade war escalated, with reciprocal tariffs and China's trade surplus with the U.S. reaching USD 102.6 billion. Retaliatory tariffs from the EU and Canada further disrupted energy supply chains, raising material costs and causing delays in key projects.
The U.S. imposed a 20% tariff on rare earths, impacting EVs and clean tech; 25% on solar panels, increasing installation costs; 15–25% on wind turbine parts, affecting project timelines; and 10–15% on oil and gas equipment, pushing producers to rethink supply networks. Sub-sectors like renewables, EVs, oil & gas, and power generation are all experiencing rising costs, supply bottlenecks, and delayed investments. For instance, solar and wind projects now face 10–30% higher costs, and EV producers are struggling with battery input inflation.
China remains central to the U.S. energy supply chain, with even indirect imports via countries like Vietnam and Malaysia tightly linked to Chinese inputs. As a result, U.S. energy firms are exploring alternative sourcing from Southeast Asia, Latin America, and domestic production to reduce exposure. However, switching suppliers requires significant investment, coordination, and time.
In this volatile environment, market research is critical. It helps energy firms map supplier risks, track price trends, and explore alternative sourcing. It enables supply chain optimization through AI and predictive analytics, while regulatory tracking and scenario planning allow companies to anticipate future disruptions. Energy firms like NextEra and First Solar are responding by diversifying suppliers, investing in local production, and leveraging digital tools to improve procurement and adapt to tariff-driven challenges. Those using data-driven strategies and flexible operations are best positioned to thrive amid rising trade tensions.
August 2022: Mitsubishi Electric Corporation debuted a broader range of goods at ARBS 2022 to improve household air conditioning. The business debuted new products that make use of ducted and split system technology, demonstrating their broad knowledge of energy recovery ventilators and air treatment.
(Source:https://www.mitsubishielectric.com/news/2021/0527.html)
Top Companies Market Share in Energy Recovery Ventilator Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the worldwide revenue. Because the region places a strong focus on indoor air quality, North America now leads the global market. In North America, extreme weather events like hurricanes, hailstorms, and heavy snowfall deteriorate indoor air quality. It is anticipated that as home investment grows, so will the industry's requirement for its installation to provide a safe and healthy interior environment.
APAC stands out as the fastest-growing region in the Energy Recovery Ventilator market. Asia Pacific is expected to have the fastest rate of growth during the projected timeframe. Rising living standards in nations are blamed for it. These nations want to update their stock of residential and commercial buildings.
The current report Scope analyzes Energy Recovery Ventilator Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Energy Recovery Ventilator Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Energy Recovery Ventilator Industry growth. Energy Recovery Ventilator market has been segmented with the help of its Technology, Application , and others. Energy Recovery Ventilator market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Heat Pipe Heat Exchanger is the dominant category. Heat pipe heat exchangers efficiently transmit heat between airstreams, resulting in negligible cross-contamination. Run-Around Coils exchange heat through a fluid loop to give precise control over the energy transfer process. Plate heat exchangers employ metal plates to maximise heat exchange while balancing efficiency and compact form. Rotary heat exchangers employ rotating wheels to transfer heat between the exhaust and supply air streams.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Energy Recovery Ventilator Industry. Request a Free Sample PDF!
The Energy Recovery Ventilator market report also delivers an application-driven analysis that examines how various business offerings cater to the unique demands of different sectors. This section evaluates the market size, growth prospects, and revenue contributions specific to each application, while also highlighting the technological innovations that are shaping these sectors. The report provides a global projection of revenue growth in the Energy Recovery Ventilator market, while also breaking down the performance and opportunities in specific regions and countries. By analyzing current trends and identifying future opportunities for each application, this section gives businesses a clearer understanding of the evolving dynamics within the industry and where to focus their efforts for optimal growth during the forecast period. (For a more in-depth review, feel free to request a sample of the pages or reach out to our team directly for further information.)
Some of the key Application of Energy Recovery Ventilator are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Energy Recovery Ventilator Market is witnessing significant growth in the near future.
In 2023, the Plate Heat Exchanger segment accounted for noticeable share of global Energy Recovery Ventilator Market and is projected to experience significant growth in the near future.
The Commercial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Carrier (United Technologies) (U.S.) , Daikin Industries and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Technology | Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger, Run-Around Coil, Others (Thermosiphon and Twin Tower) |
Application | Commercial, Residential, Others |
List of Competitors | Carrier (United Technologies) (U.S.), Johnson Controls (Ireland), Daikin Industries, Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Trane (Ireland), LG Electronics (South Korea), Nortek Air Solutions, LLC (U.S.), Lennox International Inc. (U.S.), Greenheck (U.S.), October ( Sweden), Ruskin (U.S.), UltimateAir, Inc. (U.S.) |
This chapter will help you gain GLOBAL Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review Global Energy Recovery Ventilator Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review North America Energy Recovery Ventilator Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review Europe Energy Recovery Ventilator Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review Asia Pacific Energy Recovery Ventilator Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review South America Energy Recovery Ventilator Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review Middle East Energy Recovery Ventilator Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Energy Recovery Ventilator. Further deep in this chapter, you will be able to review Middle East Energy Recovery Ventilator Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Energy Recovery Ventilator. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Technology Analysis 2019 -2031, will provide market size split by Technology. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Technology Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Energy Recovery Ventilator market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Why Plate Heat Exchanger have a significant impact on Energy Recovery Ventilator market? |
What are the key factors affecting the Plate Heat Exchanger and Heat Pipe Heat Exchanger of Energy Recovery Ventilator Market? |
What is the CAGR/Growth Rate of Commercial during the forecast period? |
By type, which segment accounted for largest share of the global Energy Recovery Ventilator Market? |
Which region is expected to dominate the global Energy Recovery Ventilator Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|