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Heat Recovery Ventilators (HRV) Market 2024-2028

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    Report

  • 166 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5908895
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The heat recovery ventilators (HRV) market is forecasted to grow by USD 2.22 billion during 2023-2028, accelerating at a CAGR of 9.72% during the forecast period. The report on the heat recovery ventilators (HRV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing concerns toward improving IAQ in residential and commercial buildings, high application of HRV systems, and increasing construction activities.

The heat recovery ventilators (HRV) market is segmented as below:

By Type

  • Automatic heat recovery ventilator
  • Manual heat recovery ventilator

By Application

  • Non-residential
  • Residential

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the emerging smart and connected HRV as one of the prime reasons driving the heat recovery ventilators (HRV) market growth during the next few years. Also, growing preference for customized HRV systems and shift toward energy-efficient buildings/green buildings will lead to sizable demand in the market.

The report on the heat recovery ventilators (HRV) market covers the following areas:

  • Heat recovery ventilators (HRV) market sizing
  • Heat recovery ventilators (HRV) market forecast
  • Heat recovery ventilators (HRV) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading heat recovery ventilators (HRV) market vendors that include Aldes Ventilation Corp., Astberg Ventilation Pvt. Ltd., BLAUBERG GROUP AG, Broan NuTone LLC, Canarm Ltd., Carrier Global Corp., Daikin Industries Ltd., ELIM Electronics Inc., Elta Group, EnviroVent Ltd., Field Controls LLC, Fujitsu General Ltd., Honeywell International Inc., Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Holdings Corp., Trane Technologies plc, and Zehnder Group AG. Also, the heat recovery ventilators (HRV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global heat recovery ventilator (HRV) market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global heat recovery ventilator (hrv) market 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Automatic heat recovery ventilator - Market size and forecast 2023-2028
Exhibit 34: Chart on Automatic heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Automatic heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Automatic heat recovery ventilator - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Automatic heat recovery ventilator - Year-over-year growth 2023-2028 (%)
6.4 Manual heat recovery ventilator - Market size and forecast 2023-2028
Exhibit 38: Chart on Manual heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Manual heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Manual heat recovery ventilator - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Manual heat recovery ventilator - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 44: Chart on Application - Market share 2023-2028 (%)
Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Non-residential - Market size and forecast 2023-2028
Exhibit 48: Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
7.4 Residential - Market size and forecast 2023-2028
Exhibit 52: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Exhibit 56: Market opportunity by Application ($ million)
Exhibit 57: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Astberg Ventilation Pvt. Ltd.
Exhibit 111: Astberg Ventilation Pvt. Ltd. - Overview
Exhibit 112: Astberg Ventilation Pvt. Ltd. - Product / Service
Exhibit 113: Astberg Ventilation Pvt. Ltd. - Key offerings
12.4 Broan NuTone LLC
Exhibit 114: Broan NuTone LLC - Overview
Exhibit 115: Broan NuTone LLC - Product / Service
Exhibit 116: Broan NuTone LLC - Key offerings
12.5 Canarm Ltd.
Exhibit 117: Canarm Ltd. - Overview
Exhibit 118: Canarm Ltd. - Product / Service
Exhibit 119: Canarm Ltd. - Key offerings
12.6 Carrier Global Corp.
Exhibit 120: Carrier Global Corp. - Overview
Exhibit 121: Carrier Global Corp. - Business segments
Exhibit 122: Carrier Global Corp. - Key news
Exhibit 123: Carrier Global Corp. - Key offerings
Exhibit 124: Carrier Global Corp. - Segment focus
12.7 Daikin Industries Ltd.
Exhibit 125: Daikin Industries Ltd. - Overview
Exhibit 126: Daikin Industries Ltd. - Business segments
Exhibit 127: Daikin Industries Ltd. - Key news
Exhibit 128: Daikin Industries Ltd. - Key offerings
Exhibit 129: Daikin Industries Ltd. - Segment focus
12.8 ELIM Electronics Inc.
Exhibit 130: ELIM Electronics Inc. - Overview
Exhibit 131: ELIM Electronics Inc. - Product / Service
Exhibit 132: ELIM Electronics Inc. - Key offerings
12.9 Field Controls LLC
Exhibit 133: Field Controls LLC - Overview
Exhibit 134: Field Controls LLC - Product / Service
Exhibit 135: Field Controls LLC - Key offerings
12.10 Fujitsu General Ltd.
Exhibit 136: Fujitsu General Ltd. - Overview
Exhibit 137: Fujitsu General Ltd. - Product / Service
Exhibit 138: Fujitsu General Ltd. - Key offerings
12.11 Honeywell International Inc.
Exhibit 139: Honeywell International Inc. - Overview
Exhibit 140: Honeywell International Inc. - Business segments
Exhibit 141: Honeywell International Inc. - Key news
Exhibit 142: Honeywell International Inc. - Key offerings
Exhibit 143: Honeywell International Inc. - Segment focus
12.12 Johnson Controls International Plc
Exhibit 144: Johnson Controls International Plc - Overview
Exhibit 145: Johnson Controls International Plc - Business segments
Exhibit 146: Johnson Controls International Plc - Key news
Exhibit 147: Johnson Controls International Plc - Key offerings
Exhibit 148: Johnson Controls International Plc - Segment focus
12.13 Lennox International Inc.
Exhibit 149: Lennox International Inc. - Overview
Exhibit 150: Lennox International Inc. - Business segments
Exhibit 151: Lennox International Inc. - Key news
Exhibit 152: Lennox International Inc. - Key offerings
Exhibit 153: Lennox International Inc. - Segment focus
12.14 LG Electronics Inc.
Exhibit 154: LG Electronics Inc. - Overview
Exhibit 155: LG Electronics Inc. - Product / Service
Exhibit 156: LG Electronics Inc. - Key offerings
12.15 Mitsubishi Electric Corp.
Exhibit 157: Mitsubishi Electric Corp. - Overview
Exhibit 158: Mitsubishi Electric Corp. - Business segments
Exhibit 159: Mitsubishi Electric Corp. - Key news
Exhibit 160: Mitsubishi Electric Corp. - Key offerings
Exhibit 161: Mitsubishi Electric Corp. - Segment focus
12.16 Panasonic Holdings Corp.
Exhibit 162: Panasonic Holdings Corp. - Overview
Exhibit 163: Panasonic Holdings Corp. - Product / Service
Exhibit 164: Panasonic Holdings Corp. - Key news
Exhibit 165: Panasonic Holdings Corp. - Key offerings
12.17 Zehnder Group AG
Exhibit 166: Zehnder Group AG - Overview
Exhibit 167: Zehnder Group AG - Business segments
Exhibit 168: Zehnder Group AG - Key offerings
Exhibit 169: Zehnder Group AG - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations
List of Exhibits
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Market Segmentation by Application
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Vendor Market Positioning
Exhibits10: Parent market
Exhibits11: Market Characteristics
Exhibits12: Offerings of vendors included in the market definition
Exhibits13: Market segments
Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Historic Market Size - Data Table on global heat recovery ventilator (hrv) market 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Type
Exhibits33: Data Table on Comparison by Type
Exhibits34: Chart on Automatic heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Automatic heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Automatic heat recovery ventilator - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Automatic heat recovery ventilator - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Manual heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Manual heat recovery ventilator - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Manual heat recovery ventilator - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Manual heat recovery ventilator - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Type ($ million)
Exhibits43: Data Table on Market opportunity by Type ($ million)
Exhibits44: Chart on Application - Market share 2023-2028 (%)
Exhibits45: Data Table on Application - Market share 2023-2028 (%)
Exhibits46: Chart on Comparison by Application
Exhibits47: Data Table on Comparison by Application
Exhibits48: Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibits49: Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
Exhibits50: Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibits51: Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibits52: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits53: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits54: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits55: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits56: Market opportunity by Application ($ million)
Exhibits57: Data Table on Market opportunity by Application ($ million)
Exhibits58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits61: Chart on Geographic comparison
Exhibits62: Data Table on Geographic comparison
Exhibits63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits70: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits82: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits83: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits84: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits86: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits90: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits91: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits92: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits99: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits102: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits103: Market opportunity By Geographical Landscape ($ million)
Exhibits104: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits105: Impact of drivers and challenges in 2023 and 2028
Exhibits106: Overview on Criticality of inputs and Factors of differentiation
Exhibits107: Overview on factors of disruption
Exhibits108: Impact of key risks on business
Exhibits109: Vendors covered
Exhibits110: Matrix on vendor position and classification
Exhibits111: Astberg Ventilation Pvt. Ltd. - Overview
Exhibits112: Astberg Ventilation Pvt. Ltd. - Product / Service
Exhibits113: Astberg Ventilation Pvt. Ltd. - Key offerings
Exhibits114: Broan NuTone LLC - Overview
Exhibits115: Broan NuTone LLC - Product / Service
Exhibits116: Broan NuTone LLC - Key offerings
Exhibits117: Canarm Ltd. - Overview
Exhibits118: Canarm Ltd. - Product / Service
Exhibits119: Canarm Ltd. - Key offerings
Exhibits120: Carrier Global Corp. - Overview
Exhibits121: Carrier Global Corp. - Business segments
Exhibits122: Carrier Global Corp. - Key news
Exhibits123: Carrier Global Corp. - Key offerings
Exhibits124: Carrier Global Corp. - Segment focus
Exhibits125: Daikin Industries Ltd. - Overview
Exhibits126: Daikin Industries Ltd. - Business segments
Exhibits127: Daikin Industries Ltd. - Key news
Exhibits128: Daikin Industries Ltd. - Key offerings
Exhibits129: Daikin Industries Ltd. - Segment focus
Exhibits130: ELIM Electronics Inc. - Overview
Exhibits131: ELIM Electronics Inc. - Product / Service
Exhibits132: ELIM Electronics Inc. - Key offerings
Exhibits133: Field Controls LLC - Overview
Exhibits134: Field Controls LLC - Product / Service
Exhibits135: Field Controls LLC - Key offerings
Exhibits136: Fujitsu General Ltd. - Overview
Exhibits137: Fujitsu General Ltd. - Product / Service
Exhibits138: Fujitsu General Ltd. - Key offerings
Exhibits139: Honeywell International Inc. - Overview
Exhibits140: Honeywell International Inc. - Business segments
Exhibits141: Honeywell International Inc. - Key news
Exhibits142: Honeywell International Inc. - Key offerings
Exhibits143: Honeywell International Inc. - Segment focus
Exhibits144: Johnson Controls International Plc - Overview
Exhibits145: Johnson Controls International Plc - Business segments
Exhibits146: Johnson Controls International Plc - Key news
Exhibits147: Johnson Controls International Plc - Key offerings
Exhibits148: Johnson Controls International Plc - Segment focus
Exhibits149: Lennox International Inc. - Overview
Exhibits150: Lennox International Inc. - Business segments
Exhibits151: Lennox International Inc. - Key news
Exhibits152: Lennox International Inc. - Key offerings
Exhibits153: Lennox International Inc. - Segment focus
Exhibits154: LG Electronics Inc. - Overview
Exhibits155: LG Electronics Inc. - Product / Service
Exhibits156: LG Electronics Inc. - Key offerings
Exhibits157: Mitsubishi Electric Corp. - Overview
Exhibits158: Mitsubishi Electric Corp. - Business segments
Exhibits159: Mitsubishi Electric Corp. - Key news
Exhibits160: Mitsubishi Electric Corp. - Key offerings
Exhibits161: Mitsubishi Electric Corp. - Segment focus
Exhibits162: Panasonic Holdings Corp. - Overview
Exhibits163: Panasonic Holdings Corp. - Product / Service
Exhibits164: Panasonic Holdings Corp. - Key news
Exhibits165: Panasonic Holdings Corp. - Key offerings
Exhibits166: Zehnder Group AG - Overview
Exhibits167: Zehnder Group AG - Business segments
Exhibits168: Zehnder Group AG - Key offerings
Exhibits169: Zehnder Group AG - Segment focus
Exhibits170: Inclusions checklist
Exhibits171: Exclusions checklist
Exhibits172: Currency conversion rates for US$
Exhibits173: Research methodology
Exhibits174: Validation techniques employed for market sizing
Exhibits175: Information sources
Exhibits176: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global heat recovery ventilators (HRV) market: Aldes Ventilation Corp., Astberg Ventilation Pvt. Ltd., BLAUBERG GROUP AG, Broan NuTone LLC, Canarm Ltd., Carrier Global Corp., Daikin Industries Ltd., ELIM Electronics Inc., Elta Group, EnviroVent Ltd., Field Controls LLC, Fujitsu General Ltd., Honeywell International Inc., Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Holdings Corp., Trane Technologies plc, and Zehnder Group AG.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emerging smart and connected HRV.'

According to the report, one of the major drivers for this market is the growing concerns about improving IAQ in residential and commercial buildings.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aldes Ventilation Corp.
  • Astberg Ventilation Pvt. Ltd.
  • BLAUBERG GROUP AG
  • Broan NuTone LLC
  • Canarm Ltd.
  • Carrier Global Corp.
  • Daikin Industries Ltd.
  • ELIM Electronics Inc.
  • Elta Group
  • EnviroVent Ltd.
  • Field Controls LLC
  • Fujitsu General Ltd.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Lennox International Inc.
  • LG Electronics Inc.
  • Mitsubishi Electric Corp.
  • Panasonic Holdings Corp.
  • Trane Technologies plc
  • Zehnder Group AG

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