+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Energy Recovery Ventilator Core Market by Material Type (Engineered Resin, Fibrous Paper, Aluminum, Stainless Steel), Shape (Square, Diamond, Hexagon, Wheel), Flow Type (Counter-Flow and Crossflow) and Region - Global Forecast to 2030

  • PDF Icon

    Report

  • 198 Pages
  • November 2024
  • Region: Global
  • Markets and Markets
  • ID: 5612476
Description Jump to:
The global energy recovery ventilator core market is projected to grow from USD 1.01 billion in 2024 to USD 1.56 billion by 2030, at a CAGR of 7.4% during the forecast period. This growth is fueled by several factors, including the expansion of residential and commercial construction projects in various developing nations, the implementation of energy efficiency standards and regulations by government bodies, the need to enhance indoor air quality in tightly sealed buildings, and evolving climate conditions.

Fibrous Paper segment, by material type, is estimated to account for the second largest share during the forecast period.

The fibrous paper segment is projected to secure the second-largest share in the forecast period. The cellulose-based fibrous paper ERV cores are exceptionally good at transferring both sensible and latent heat, ensuring optimal indoor humidity levels are within the range of 40% to 60%. These cores permit water molecules to pass through selectively but deny entry of harmful pollutants like CO2 and NO2. They are, therefore, suitable for use in improving indoor air quality. This paper is fibrous with high moisture permeability, airtightness, and resistance towards aging, mildew, and bacteria growth.

By flow type, counter-flow segment accounted for the second largest share during the forecast period.

The Counter-flow segment by flow type is expected to have the second-largest share of the energy recovery ventilator core market. The increasing applications in residential and commercial areas drive the growth. Counter-flow ERV cores have superior efficiency and are highly valued for their suitability in HVAC systems in buildings that focus on energy conservation and IAQ. Because the airflow streams run counter-flow, maximum contact time between the two streams is achieved. The design thus extracts the maximum recoverable heat. It is one of the most popular configurations for ensuring efficient energy transfer under various climatic conditions by maximizing the transfer of sensible and latent heat from both airstreams.

By shape, square segment accounted for the second largest share during the forecast period.

The square segment by shape is expected to have the second-largest share of the energy recovery ventilator core market, primarily owing to its crossflow design, which is highly efficient for low-maintenance applications. The channels for airflow in square-shaped ERV cores are usually formed by flat aluminum foils, through which separate channels pass fresh and exhaust air streams without direct contact between the two airstreams. The design, which uses a polymer membrane in the core, retains high latent efficiency without allowing pollutants, pathogens, or odors to diffuse. Low-pressure-drop configurations and ease of modifications for different configurations make square-shaped ERV cores versatile and durable, a feature desirable both in residential and commercial HVAC systems intended for air quality improvement and energy efficiency.

Europe region is estimated to account for the second largest share during the forecast period.

Europe is the second-largest region in the energy recovery ventilator core market, primarily because of strict regulatory policies on energy efficiency and growing indoor air quality awareness. The area has dedicated itself to sustainability and carbon emission reduction, resulting in the massive adoption of energy-efficient HVAC systems in residences and commercial domains. Germany, France, and the UK are paramount countries imposing green building standards. This has led to a growing need for more advanced ventilation solutions that can offer high heat and moisture recovery efficiency, as air pollution is a significant cause of damage to human health, especially in population-dense urban areas.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 - 65%, Tier 2 - 20%, and Tier 3 - 15%
  • By Designation: Directors - 30%, Managers - 25%, and Others - 45%
  • By Region: North America - 25%, Europe - 20%, Asia Pacific - 45%, Middle East and Africa - 5%, and South America - 5%
CORE Energy Recovery Solutions (Germany), HOLTOP (China), Greenheck Fan Corporation (US), Ruskin (US), and Innergy Tech Inc. (Canada) are some of the major players in the energy recovery ventilator core market. These players have adopted acquisitions, expansions, product launches, and partnerships to increase their market share and business revenue.

Research Coverage:

The report defines, segments, and projects the energy recovery ventilator core market based on material type, flow type, shape, and region. It provides detailed information regarding the major factors influencing the market's growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles energy recovery ventilator core manufacturers. It comprehensively analyzes their market shares and core competencies and tracks and analyzes competitive developments, such as expansions, agreements, product launches, and acquisitions, undertaken by them in the market.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants by providing the closest approximations of revenue numbers for the energy recovery ventilator core market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the market's competitive landscape, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the market's pulse and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rising focus on indoor air quality, Climate changes, and environmental concerns), restraints (Noise and discomfort, High initial and installation cost), opportunities (Increasing demand in new residential and commercial projects), and challenges (Frozen energy recovery ventilatory cores, Challenge involved in retrofitting existing buildings with energy recovery ventilator) influencing the growth of the energy recovery ventilator core market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the energy recovery ventilator core market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the energy recovery ventilator core market across varied regions.
  • Market Diversification: Exhaustive information about various types, untapped geographies, new products, recent developments, and investments in the energy recovery ventilator core market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players in the energy recovery ventilator core market, such as CORE Energy Recovery Solutions (Germany), HOLTOP (China), Greenheck Fan Corporation (US), Ruskin (US), Innergy Tech Inc. (Canada), and others.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Inclusions and Exclusions
1.4 Years Considered
1.5 Currency Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Interviews with Experts
2.2 Demand-Side Matrix
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.3.2.1 Calculations for Supply-Side Analysis
2.4 Growth Forecast
2.5 Data Triangulation
2.6 Research Assumptions
2.7 Research Limitations
2.8 Risk Assessment
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Energy Recovery Ventilator Core Market
4.2 Energy Recovery Ventilator Core Market, by Region
4.3 Energy Recovery Ventilator Core Market, by Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Focus on Indoor Air Quality
5.2.1.2 Climatic Changes and Environmental Concerns
5.2.2 Restraints
5.2.2.1 Noise and Discomfort
5.2.2.2 High Initial and Installation Costs
5.2.3 Opportunities
5.2.3.1 Increasing Number of New Residential and Commercial Projects
5.2.4 Challenges
5.2.4.1 Clogging of Energy Recovery Ventilator Cores with Ice in Low-Temperature Conditions
5.2.4.2 Challenges Involved in Retrofitting Existing Buildings with Energy Recovery Ventilators
6 Industry Trends
6.1 Global Macroeconomic Outlook
6.1.1 GDP
6.1.2 Rising Adoption of Energy Recovery Ventilators in Various Industries and Sectors
6.2 Value Chain Analysis
6.3 Ecosystem Analysis
6.4 Porter's Five Forces Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Intensity of Competitive Rivalry
6.5 Key Stakeholders and Buying Criteria
6.5.1 Key Stakeholders in Buying Process
6.5.2 Buying Criteria
6.6 Pricing Analysis
6.6.1 Average Selling Price Trend of Erv Core, by Region
6.6.2 Average Selling Price Trend of Erv Core, by Shape
6.6.3 Indicative Pricing of Erv Core for Key Players
6.7 Tariff and Regulatory Landscape
6.7.1 Tariff Analysis
6.7.2 Regulatory Bodies, Government Agencies, and Other Organizations
6.8 Key Conferences and Events, 2024-2025
6.9 Patent Analysis
6.9.1 Methodology
6.10 Technology Analysis
6.10.1 Key Technologies
6.10.1.1 Sorbent Ventilation Technology
6.10.2 Adjacent Technologies
6.10.2.1 Heat Recovery Ventilator
6.11 Case Study Analysis
6.11.1 Tempeff Solution: Regina & Saskatoon Joint Use Schools
6.11.2 Airxchange: Improving Indoor Air Quality and Reducing Ventilation Costs in Casino
6.11.3 Airxchange: Upgrading Ventilation System at Vineland Veteran's Home
6.12 Trade Analysis
6.12.1 Import Scenario (HS Code 841950)
6.12.2 Export Scenario (HS Code 841950)
6.13 Trends/Disruptions Impacting Customer Business
6.14 Impact of Generative AI on Energy Recovery Ventilator Core Market
6.14.1 Introduction
6.14.2 Overview of Impact of Generative AI on Energy Recovery Ventilator Core Market
6.14.2.1 Predictive Maintenance
6.14.2.2 Demand-Controlled Ventilation
6.14.2.3 Personalized Comfort Control
6.14.2.4 Adaptive Control
6.14.2.5 Conclusion
7 Energy Recovery Ventilator Core Market, by Shape
7.1 Introduction
7.2 Square
7.2.1 High Latent Efficiency and Low Maintenance Requirements to Drive Demand
7.3 Diamond
7.3.1 Versatile Configurations to Boost Market Growth
7.4 Hexagon
7.4.1 Ability to Maintain High Level of Airflow Efficiency with Minimal Pressure Drop to Fuel Demand
7.5 Other Shapes
8 Energy Recovery Ventilator Core Market, by Material Type
8.1 Introduction
8.2 Engineered Resin
8.2.1 High Performance and Durability to Drive Demand
8.3 Fibrous Paper
8.3.1 Ability to Efficiently Transfer Moisture and Cost-Effectiveness to Fuel Demand
8.4 Other Material Types
9 Energy Recovery Ventilator Core Market, by Flow Type
9.1 Introduction
9.2 Crossflow
9.2.1 Cost-Effectiveness and High Versatility to Drive Market
9.3 Counter-Flow
9.3.1 High Energy Efficiency to Drive Demand
10 Energy Recovery Ventilator Core Market, by Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Growing Demand in Construction and Various Other Industries to Drive Market
10.2.2 Canada
10.2.2.1 Government-Led Initiatives to Promote Use of Energy-Saving Devices to Boost Market Growth
10.2.3 Mexico
10.2.3.1 Expanding Construction Industry and Focus on Leed-Certified Buildings to Contribute to Market Growth
10.3 Europe
10.3.1 Germany
10.3.1.1 Commitment to Energy Efficiency and Rising Need for Energy-Saving Technologies and Indoor Comfort to Drive Market
10.3.2 UK
10.3.2.1 Government-Led Initiatives to Achieve Energy Efficiency and Rising Investments in Infrastructure Development to Drive Market
10.3.3 France
10.3.3.1 Growing Construction Projects to Fuel Market Growth
10.3.4 Italy
10.3.4.1 Rising Industrial Activities to Drive Demand
10.3.5 Spain
10.3.5.1 Booming Manufacturing Sector to Spur Market Growth
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.1.1 Rising Promotion of Energy-Efficient Cooling Solutions to Boost Market Growth
10.4.2 South Korea
10.4.2.1 Rising Demand for HVAC Systems to Drive Market
10.4.3 Japan
10.4.3.1 Rising Environmental Awareness, Technological Innovation, and Evolving Consumer Needs to Fuel Market Growth
10.4.4 India
10.4.4.1 Growing Building & Construction and HVAC Industries to Boost Market Growth
10.4.5 Malaysia
10.4.5.1 Expanding Data Center Industry to Drive Market
10.4.6 Singapore
10.4.6.1 Sustainability Regulations to Improve Indoor Air Quality to Drive Demand
10.4.7 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 GCC Countries
10.5.1.1 UAE
10.5.1.1.1 Environmental Concerns and Need to Reduce Carbon Emissions to Drive Demand.
10.5.1.2 Saudi Arabia
10.5.1.2.1 Booming Tourism Industry to Fuel Market Growth
10.5.1.3 Rest of GCC Countries
10.5.2 South Africa
10.5.2.1 Growing HVAC Industry to Boost Demand
10.5.3 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.1.1 Rapid Urbanization to Drive Demand
10.6.2 Argentina
10.6.2.1 Climate Variability to Increase Demand
10.6.3 Rest of South America
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies/Right to Win, 2019-2024
11.3 Market Share Analysis
11.4 Brand/Product Comparison
11.5 Company Evaluation Matrix: Key Players, 2023
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Pervasive Players
11.5.4 Participants
11.5.5 Company Footprint: Key Players, 2023
11.5.5.1 Company Footprint
11.5.5.2 Flow Type Footprint
11.5.5.3 Material Type Footprint
11.5.5.4 Shape Footprint
11.5.5.5 Region Footprint
11.6 Company Evaluation Matrix: Startups/SMEs, 2023
11.6.1 Progressive Companies
11.6.2 Responsive Companies
11.6.3 Dynamic Companies
11.6.4 Starting Blocks
11.6.5 Competitive Benchmarking: Startups/SMEs, 2023
11.6.5.1 Detailed List of Key Startups/SMEs
11.6.5.2 Competitive Benchmarking of Key Startups/SMEs
11.7 Competitive Scenario
11.7.1 Product Launches
11.7.2 Deals
12 Company Profiles
12.1 Key Players
12.1.1 Core Energy Recovery Solutions
12.1.1.1 Business Overview
12.1.1.2 Products/Solutions/Services Offered
12.1.1.3 Recent Developments
12.1.1.3.1 Deals
12.1.1.4 Analyst's View
12.1.1.4.1 Key Strengths
12.1.1.4.2 Strategic Choices
12.1.1.4.3 Weaknesses & Competitive Threats
12.1.2 Innergy Tech Inc.
12.1.2.1 Business Overview
12.1.2.2 Products/Solutions/Services Offered
12.1.2.3 Recent Developments
12.1.2.3.1 Product Launches
12.1.2.4 Analyst's View
12.1.2.4.1 Key Strengths
12.1.2.4.2 Strategic Choices
12.1.2.4.3 Weaknesses & Competitive Threats
12.1.3 Ruskin
12.1.3.1 Business Overview
12.1.3.2 Products/Solutions/Services Offered
12.1.3.3 Analyst's View
12.1.3.3.1 Key Strengths
12.1.3.3.2 Strategic Choices
12.1.3.3.3 Weaknesses & Competitive Threats
12.1.4 Holtop
12.1.4.1 Business Overview
12.1.4.2 Products/Solutions/Services Offered
12.1.4.3 Analyst's View
12.1.4.3.1 Key Strengths
12.1.4.3.2 Strategic Choices
12.1.4.3.3 Weaknesses & Competitive Threats
12.1.5 Greenheck Fan Corporation
12.1.5.1 Business Overview
12.1.5.2 Products/Solutions/Services Offered
12.1.5.3 Recent Developments
12.1.5.3.1 Product Launches
12.1.5.4 Analyst's View
12.1.5.4.1 Key Strengths
12.1.5.4.2 Strategic Choices
12.1.5.4.3 Weaknesses & Competitive Threats
12.1.6 Dais Corporation
12.1.6.1 Business Overview
12.1.6.2 Products/Solutions/Services Offered
12.1.6.3 Recent Developments
12.1.6.3.1 Deals
12.1.7 Hoval
12.1.7.1 Business Overview
12.1.7.2 Products/Solutions/Services Offered
12.1.8 Field Controls, LLC
12.1.8.1 Business Overview
12.1.8.2 Products/Solutions/Services Offered
12.1.9 Klingenburg GmbH
12.1.9.1 Business Overview
12.1.9.2 Products/Solutions/Services Offered
12.1.9.3 Recent Developments
12.1.9.3.1 Deals
12.1.10 Oji Industrial Materials Management Co. Ltd.
12.1.10.1 Business Overview
12.1.10.2 Products/Solutions/Services Offered
12.1.11 Energy Recovery Industries Corp. S.R.L.
12.1.11.1 Business Overview
12.1.11.2 Products/Solutions/Services Offered
12.1.12 Polybloc AG
12.1.12.1 Business Overview
12.1.12.2 Products/Solutions/Services Offered
12.1.13 Karyer Heat Transfer Industry and Trade Inc.
12.1.13.1 Business Overview
12.1.13.2 Products/Solutions/Services Offered
12.1.14 Taesung Co. Ltd.
12.1.14.1 Business Overview
12.1.14.2 Products/Solutions/Services Offered
12.1.15 Xiamen Air-Erv Technology Co. Ltd.
12.1.15.1 Business Overview
12.1.15.2 Products/Solutions/Services Offered
12.2 Other Players
12.2.1 Clean Air Nano Tech
12.2.2 Nantong Deli Purification Equipment Factory Co. Ltd.
12.2.3 Dri
12.2.4 Hts
12.2.5 Svl Inc.
12.2.6 Shanghai Shenglin M&E Technology Co. Ltd.
12.2.7 Shanghai Venttech Refrigeration Equipment Co. Ltd.
12.2.8 Recuperator S.P.A.
12.2.9 Zern Engineering
12.2.10 Holmak
13 Adjacent and Related Markets
13.1 Introduction
13.2 Limitations
13.3 Adjacent Market
13.4 HVAC System Market
13.4.1 Market Definition
13.4.2 Market Overview
13.4.3 HVAC System Market, by Ventilation Equipment
13.5 Air-Handling Units
13.5.1 Variable Frequency to Drive Use in Air-Handling Units
13.6 Air Filters
13.6.1 Growing Emphasis on Improving Hotel Guest Experience to Boost Market
13.7 Dehumidifiers
13.7.1 Government Regulations and Promotion of Energy-Efficient Products to Propel Market
13.8 Ventilation Fans
13.8.1 Rising Hot and Humid Conditions to Boost Demand
13.9 Humidifiers
13.9.1 Changing Weather Patterns and Increasing Indoor Air Pollution to Accelerate Market Growth
13.10 Air Purifiers
13.10.1 Rising Concerns About Air Pollution and Indoor Air Quality to Drive Market
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options
List of Tables
Table 1 Energy Recovery Ventilator Core Market Snapshot: 2024 vs. 2030
Table 2 Energy Recovery Ventilator: Cost Breakdown
Table 3 Real GDP Growth (Annual Percentage Change), by Key Country, 2021-2023 (%)
Table 4 Unemployment Rate, by Key Country, 2021-2023 (%)
Table 5 Inflation Rate (Average Consumer Price), by Key Country, 2021-2023 (%)
Table 6 Foreign Direct Investment, 2022 and 2023 (USD Billion)
Table 7 Roles of Companies in Energy Recovery Ventilator Core Ecosystem
Table 8 Porter's Five Forces Analysis
Table 9 Influence of Stakeholders on Buying Process, by Material Type (%)
Table 10 Key Buying Criteria, by Material Type
Table 11 Average Selling Price of Erv Core, by Region, 2020-2023 (USD/Pc)
Table 12 Average Selling Price of Erv Core, by Shape, 2023 (USD/Pc)
Table 13 Indicative Pricing of Erv Core for Key Players, 2023 (USD/Pc)
Table 14 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Energy Recovery Ventilator Core Market: Key Conferences and Events, 2024-2025
Table 18 List of Major Patents Related to Energy Recovery Ventilator Cores
Table 19 Value of New Energy Recovery Wheels
Table 20 Value of New Energy Recovery Wheels at Vineland Veterans Home
Table 21 Import Data for HS Code 841950-Compliant Products, by Key Country, 2020-2023 (USD Thousand)
Table 22 Export Data for HS Code 841950-Compliant Products, by Key Country, 2020-2023 (USD Thousand)
Table 23 Energy Recovery Ventilator Core Market, by Shape, 2019-2023 (USD Million)
Table 24 Energy Recovery Ventilator Core Market, by Shape, 2024-2030 (USD Million)
Table 25 Square: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 26 Square: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 27 Diamond: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 28 Diamond: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 29 Hexagon: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 30 Hexagon: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 31 Other Shapes: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 32 Other Shapes: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 33 Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 34 Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 35 Engineered Resin: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 36 Engineered Resin: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 37 Fibrous Paper: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 38 Fibrous Paper: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 39 Other Material Types: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 40 Other Material Types: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 41 Energy Recovery Ventilator Core Market, by Flow Type, 2019-2023 (USD Million)
Table 42 Energy Recovery Ventilator Core Market, by Flow Type, 2024-2030 (USD Million)
Table 43 Crossflow: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 44 Crossflow: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 45 Counter-Flow: Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 46 Counter-Flow: Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 47 Energy Recovery Ventilator Core Market, by Region, 2019-2023 (USD Million)
Table 48 Energy Recovery Ventilator Core Market, by Region, 2024-2030 (USD Million)
Table 49 North America: Energy Recovery Ventilator Core Market, by Country, 2019-2023 (USD Million)
Table 50 North America: Energy Recovery Ventilator Core Market, by Country, 2024-2030 (USD Million)
Table 51 North America: Energy Recovery Ventilator Core Market, by Flow Type, 2019-2023 (USD Million)
Table 52 North America: Energy Recovery Ventilator Core Market, by Flow Type, 2024-2030 (USD Million)
Table 53 North America: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 54 North America: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 55 North America: Energy Recovery Ventilator Core Market, by Shape, 2019-2023 (USD Million)
Table 56 North America: Energy Recovery Ventilator Core Market, by Shape, 2024-2030 (USD Million)
Table 57 US: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 58 US: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 59 Canada: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 60 Canada: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 61 Mexico: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 62 Mexico: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 63 Europe: Energy Recovery Ventilator Core Market, by Country, 2019-2023 (USD Million)
Table 64 Europe: Energy Recovery Ventilator Core Market, by Country, 2024-2030 (USD Million)
Table 65 Europe: Energy Recovery Ventilator Core Market, by Flow Type, 2019-2023 (USD Million)
Table 66 Europe: Energy Recovery Ventilator Core Market, by Flow Type, 2024-2030 (USD Million)
Table 67 Europe: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 68 Europe: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 69 Europe: Energy Recovery Ventilator Core Market, by Shape, 2019-2023 (USD Million)
Table 70 Europe: Energy Recovery Ventilator Core Market, by Shape, 2024-2030 (USD Million)
Table 71 Germany: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 72 Germany: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 73 UK: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 74 UK: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 75 France: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 76 France: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 77 Italy: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 78 Italy: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 79 Spain: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 80 Spain: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 81 Rest of Europe: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 82 Rest of Europe: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 83 Asia-Pacific: Energy Recovery Ventilator Core Market, by Country, 2019-2023 (USD Million)
Table 84 Asia-Pacific: Energy Recovery Ventilator Core Market, by Country, 2024-2030 (USD Million)
Table 85 Asia-Pacific: Energy Recovery Ventilator Core Market, by Flow Type, 2019-2023 (USD Million)
Table 86 Asia-Pacific: Energy Recovery Ventilator Core Market, by Flow Type, 2024-2030 (USD Million)
Table 87 Asia-Pacific: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 88 Asia-Pacific: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 89 Asia-Pacific: Energy Recovery Ventilator Core Market, by Shape, 2019-2023 (USD Million)
Table 90 Asia-Pacific: Energy Recovery Ventilator Core Market, by Shape, 2024-2030 (USD Million)
Table 91 China: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 92 China: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 93 South Korea: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 94 South Korea: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 95 Japan: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 96 Japan: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 97 India: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 98 India: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 99 Malaysia: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 100 Malaysia: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 101 Singapore: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 102 Singapore: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 103 Rest of Asia-Pacific: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 104 Rest of Asia-Pacific: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 105 Middle East & Africa: Energy Recovery Ventilator Core Market, by Country, 2019-2023 (USD Million)
Table 106 Middle East & Africa: Energy Recovery Ventilator Core Market, by Country, 2024-2030 (USD Million)
Table 107 Middle East & Africa: Energy Recovery Ventilator Core Market, by Flow Type, 2019-2023 (USD Million)
Table 108 Middle East & Africa: Energy Recovery Ventilator Core Market, by Flow Type, 2024-2030 (USD Million)
Table 109 Middle East & Africa: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 110 Middle East & Africa: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 111 Middle East & Africa: Energy Recovery Ventilator Core Market, by Shape, 2019-2023 (USD Million)
Table 112 Middle East & Africa: Energy Recovery Ventilator Core Market, by Shape, 2024-2030 (USD Million)
Table 113 UAE: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 114 UAE: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 115 Saudi Arabia: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 116 Saudi Arabia: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 117 Rest of GCC Countries: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 118 Rest of GCC Countries: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 119 South Africa: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 120 South Africa: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 121 Rest of Middle East & Africa: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 122 Rest of Middle East & Africa: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 123 South America: Energy Recovery Ventilator Core Market, by Country, 2019-2023 (USD Million)
Table 124 South America: Energy Recovery Ventilator Core Market, by Country, 2024-2030 (USD Million)
Table 125 South America: Energy Recovery Ventilator Core Market, by Flow Type, 2019-2023 (USD Million)
Table 126 South America: Energy Recovery Ventilator Core Market, by Flow Type, 2024-2030 (USD Million)
Table 127 South America: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 128 South America: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 129 South America: Energy Recovery Ventilator Core Market, by Shape, 2019-2023 (USD Million)
Table 130 South America: Energy Recovery Ventilator Core Market, by Shape, 2024-2030 (USD Million)
Table 131 Brazil: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 132 Brazil: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 133 Argentina: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 134 Argentina: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 135 Rest of South America: Energy Recovery Ventilator Core Market, by Material Type, 2019-2023 (USD Million)
Table 136 Rest of South America: Energy Recovery Ventilator Core Market, by Material Type, 2024-2030 (USD Million)
Table 137 Energy Recovery Ventilator Core Market: Overview of Key Strategies Adopted by Major Market Players, January 2019-September 2024
Table 138 Energy Recovery Ventilator Core Market: Degree of Competition, 2023
Table 139 Energy Recovery Ventilator Core Market: Flow Type Footprint
Table 140 Energy Recovery Ventilator Core Market: Material Type Footprint
Table 141 Energy Recovery Ventilator Core Market: Shape Footprint
Table 142 Energy Recovery Ventilator Core Market: Region Footprint
Table 143 Energy Recovery Ventilator Core Market: Detailed List Of Key Startups/SMEs
Table 144 Energy Recovery Ventilator Core Market: Competitive Benchmarking of Key Startups/SMEs
Table 145 Energy Recovery Ventilator Core Market: Product Launches, January 2019-September 2024
Table 146 Energy Recovery Ventilator Core Market: Deals, January 2019-September 2024
Table 147 Core Energy Recovery Solutions: Company Overview
Table 148 Core Energy Recovery Solutions: Products/Solutions/ Services Offered
Table 149 Core Energy Recovery Solutions: Deals, January 2019-September 2024
Table 150 Innergy Tech Inc.: Company Overview
Table 151 Innergy Tech Inc.: Products/Solutions/Services Offered
Table 152 Innergy Tech Inc.: Product Launches, January 2019-September 2024
Table 153 Ruskin: Company Overview
Table 154 Ruskin: Products/Solutions/Services Offered
Table 155 Holtop: Company Overview
Table 156 Holtop: Products/Solutions/Services Offered
Table 157 Greenheck Fan Corporation: Company Overview
Table 158 Greenheck Fan Corporation: Products/Solutions/Services Offered
Table 159 Greenheck Fan Corporation: Product Launches, January 2019-September 2024
Table 160 Dais Corporation: Company Overview
Table 161 Dais Corporation: Products/Solutions/Services Offered
Table 162 Dais Corporation: Deals, January 2019-September 2024
Table 163 Hoval: Company Overview
Table 164 Hoval: Products/Solutions/Services Offered
Table 165 Field Controls, LLC: Company Overview
Table 166 Field Controls, LLC: Products/Solutions/Services Offered
Table 167 Klingenburg GmbH: Company Overview
Table 168 Klingenburg GmbH: Products/Solutions/Services Offered
Table 169 Klingenburg GmbH: Deals, January 2019-September 2024
Table 170 Oji Industrial Materials Management Co. Ltd.: Company Overview
Table 171 Oji Industrial Materials Management Co. Ltd.: Products/Solutions/Services Offered
Table 172 Energy Recovery Industries Corp. S.R.L.: Company Overview
Table 173 Energy Recovery Industries Corp. S.R.L.: Products/Solutions/ Services Offered
Table 174 Polybloc AG: Company Overview
Table 175 Polybloc AG: Products/Solutions/Services Offered
Table 176 Karyer Heat Transfer Industry and Trade Inc.: Company Overview
Table 177 Karyer Heat Transfer Industry and Trade Inc.: Products/Solutions/Services Offered
Table 178 Taesung Co. Ltd.: Company Overview
Table 179 Taesung Co. Ltd.: Products/Solutions/Services Offered
Table 180 Xiamen Air-Erv Technology Co. Ltd.: Company Overview
Table 181 Xiamen Air-Erv Technology Co. Ltd.: Products/Solutions/ Services Offered
Table 182 Clean Air Nano Tech: Company Overview
Table 183 Nantong Deli Purification Equipment Factory Co. Ltd.: Company Overview
Table 184 Dri: Company Overview
Table 185 Hts: Company Overview
Table 186 Svl Inc.: Company Overview
Table 187 Shanghai Shenglin M&E Technology Co. Ltd.: Company Overview
Table 188 Shanghai Venttech Refrigeration Equipment Co. Ltd.: Company Overview
Table 189 Recuperator S.P.A.: Company Overview
Table 190 Zern Engineering: Company Overview
Table 191 Holmak: Company Overview
Table 192 HVAC System Market, by Ventilation Equipment, 2020-2023 (USD Billion)
Table 193 HVAC System Market, by Ventilation Equipment, 2024-2029 (USD Billion)
List of Figures
Figure 1 Energy Recovery Ventilator Core Market: Research Design
Figure 2 Main Matrix Considered to Assess Demand for Erv Cores
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Methodology Used for Supply-Side Sizing of Energy Recovery Ventilator Core Market (1/2)
Figure 6 Methodology Used for Supply-Side Sizing of Energy Recovery Ventilator Core Market (2/2)
Figure 7 Data Triangulation
Figure 8 Engineered Resin Segment to Hold Largest Market Share in 2030
Figure 9 Crossflow Segment to Hold Larger Market Share in 2030
Figure 10 Hexagon Segment to Hold Largest Market Share in 2030
Figure 11 North America to Register Highest CAGR During Forecast Period
Figure 12 Rising Demand for Energy-Efficient Buildings with Healthy Indoor Air Quality to Create Lucrative Opportunities for Market Players
Figure 13 North America to Register Highest CAGR During Forecast Period
Figure 14 US to Grow at Highest Rate in Energy Recovery Ventilator Core Market During Forecast Period
Figure 15 Energy Recovery Ventilator Core Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Indoor Air Quality Improvement After Energy Recovery Ventilator Installation
Figure 17 Temperature Changes in Each Decade Relative to Twentieth- Century Average
Figure 18 China and India to Lead Global Construction Output
Figure 19 Energy Recovery Ventilator Core Market: Value Chain Analysis
Figure 20 Energy Recovery Ventilator Core Ecosystem Analysis
Figure 21 Porter's Five Forces Analysis
Figure 22 Influence of Stakeholders on Buying Process, by Material Type
Figure 23 Key Buying Criteria, by Material Type
Figure 24 Average Selling Price Trend of Erv Core, by Region, 2020-2023 (USD/Pc)
Figure 25 Average Selling Price Trend of Erv Core, by Shape, 2023 (USD/Pc)
Figure 26 Indicative Pricing of Erv Core for Key Players, 2023 (USD/Pc)
Figure 27 Major Patents Related to Energy Recovery Ventilator Cores
Figure 28 Import Data Related to HS Code 841950-Compliant Products, by Key Country, 2020-2023 (USD Thousand)
Figure 29 Export Data Related to HS Code 841950-Compliant Products, by Key Country, 2020-2023 (USD Thousand)
Figure 30 Trends/Disruptions Influencing Customer Business
Figure 31 Hexagon Segment to Account for Largest Market Share in 2024
Figure 32 Engineered Resin Segment to Register Highest CAGR During Forecast Period
Figure 33 Crossflow Segment to Account for Larger Market Share in 2024
Figure 34 North America to Account for Largest Market Share in 2024
Figure 35 North America: Energy Recovery Ventilator Core Market Snapshot
Figure 36 Europe: Energy Recovery Ventilator Core Market Snapshot
Figure 37 Asia-Pacific: Energy Recovery Ventilator Core Market Snapshot
Figure 38 Energy Recovery Ventilator Core Market Share Analysis, 2023
Figure 39 Brand/Product Comparison
Figure 40 Energy Recovery Ventilator Core Market: Company Evaluation Matrix (Key Players), 2023
Figure 41 Energy Recovery Ventilator Core Market: Company Footprint
Figure 42 Energy Recovery Ventilator Core Market: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 43 Oji Industrial Materials Management Co. Ltd.: Company Snapshot

Companies Mentioned

  • Core Energy Recovery Solutions
  • Innergy Tech Inc.
  • Ruskin
  • Holtop
  • Greenheck Fan Corporation
  • Dais Corporation
  • Hoval
  • Field Controls, LLC
  • Klingenburg GmbH
  • Oji Industrial Materials Management Co. Ltd.
  • Energy Recovery Industries Corp. S.R.L.
  • Polybloc AG
  • Karyer Heat Transfer Industry and Trade Inc.
  • Taesung Co. Ltd.
  • Xiamen Air-Erv Technology Co. Ltd.
  • Clean Air Nano Tech
  • Nantong Deli Purification Equipment Factory Co. Ltd.
  • Dri
  • Hts
  • Svl Inc.
  • Shanghai Shenglin M&E Technology Co. Ltd.
  • Shanghai Venttech Refrigeration Equipment Co. Ltd.
  • Recuperator S.P.A.
  • Zern Engineering
  • Holmak

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages198
PublishedNovember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 1.01 Billion
Forecasted Market Value ( USD ) by 2030 $ 1.56 Billion
Compound Annual Growth Rate7.4%
Regions CoveredGlobal
No. of Companies Mentioned25

Related Topics

Related Reports

Energy Recovery Ventilator Core Market by Shape, Flow, Type, Application - Global Forecast 2025-2030 - Product Image

Energy Recovery Ventilator Core Market by Shape, Flow, Type, Application - Global Forecast 2025-2030

  • Report
  • 192 Pages
  • Global
From
Energy Recovery Ventilators - Global Strategic Business Report - Product Image

Energy Recovery Ventilators - Global Strategic Business Report

  • Report
  • 242 Pages
  • Global
From
Energy Recovery Ventilators Market by Product, Installation, Application - Global Forecast 2025-2030 - Product Image

Energy Recovery Ventilators Market by Product, Installation, Application - Global Forecast 2025-2030

  • Report
  • 195 Pages
  • Global
From
Energy Recovery Ventilator Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application - Product Image

Energy Recovery Ventilator Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

  • Report
  • 113 Pages
  • Global
From
2024 Energy Recovery Ventilator Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 - Product Image

2024 Energy Recovery Ventilator Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

  • Report
  • 147 Pages
  • Global
From

About the Market

The Energy Recovery Ventilator Core market is a subset of the Heat Exchangers and Cooling Towers industry. It is composed of products that are used to transfer heat from one air stream to another, while also recovering energy from the air. These products are used in a variety of applications, such as air conditioning, ventilation, and heating systems. They are designed to reduce energy consumption and improve air quality. The Energy Recovery Ventilator Core market is highly competitive, with a wide range of products available from various manufacturers. These products are typically designed to meet specific customer requirements, and are available in a variety of sizes and configurations. Some of the leading companies in the Energy Recovery Ventilator Core market include Munters, Greenheck, Airxchange, and Airflow Systems. These companies offer a wide range of products, including energy recovery ventilators, heat exchangers, and cooling towers. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.