The booming concern and urge to minimize HVAC energy consumption and increase energy efficiency in residential and commercial buildings is propelling the demand for energy recovery ventilators at the global level. Additionally, the rising demand for competent solutions to improve indoor air quality is fostering the adoption of these systems. However, a lack of consumer awareness about the potential benefits of energy recovery ventilators and supplementary installation & maintenance expenditures may act as impeding factors for the growth of the market. Despite some challenges, the rising trend of green and sustainable buildings and continuous developments in the energy recovery ventilators’ performance are a few of the prime factors that are projected to drive the development of the energy recovery ventilator market over the forecast period.
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Top Key Major Players:-
- Carrier Corporation
- Daikin Industries
- Ltd.
- Fujitsu General
- Greenheck Fan Corporation
- Johnson Controls International Plc.
- LG Electronics
- Mitsubishi Electric Corporation
- Munters