【English Market Research Report】Global Market for Energy Recovery Ventilation Systems
Product ID: 1473965 Publisher: SkyQuest
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The global market size for energy recovery ventilation systems was $3.45 billion in 2022, and it is projected to grow from $3.74 billion in 2023 to $7.13 billion by 2031, with a CAGR of 8.40% during the forecast period (2024-2031). Energy recovery ventilation systems, a type of central ventilation system, function by adjusting humidity levels within a space and expelling contaminated air. They are also referred to as ERV air exchangers or ERV ventilation systems. These systems filter out harmful substances, pollen, and other impurities, delivering only clean air into the space. According to the Environmental Protection Agency, indoor air quality can be 2 to 5 times worse than outdoor air. The poor air quality in enclosed buildings is attributed to insufficient ventilation. One of the health issues arising from inhaling contaminated air is sick building syndrome. ERVs are becoming increasingly common as they eliminate moisture and dirty air, improve indoor air quality, and help prevent problems. As the need for ventilation rises, the energy recovery ventilation system market is expected to grow globally in the coming years.
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Publication Date: April 26, 2024 Publisher: SkyQuest Page Information: English 202 Pages Table of Contents Executive Summary Research Methodology Analysis of the Parent Market Key Market Insights Market Dynamics and Outlook Global Market for Energy Recovery Ventilation Systems: By Type Global Market for Energy Recovery Ventilation Systems: By Application Global Market Size for Energy Recovery Ventilation Systems: By Region Competitive Landscape Key Company Profiles *The table of contents and prices for this report are as of the time of publication. For the latest information, please contact us.*
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