세계의 에너지 회수형 환기 장치(ERV) 코어 시장 예측(-2030년) : 제품별, 판매 채널별, 기술별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Energy Recovery Ventilator Core Market is accounted for $3.17 billion in 2024 and is expected to reach $5.55 billion by 2030 growing at a CAGR of 9.8% during the forecast period. An Energy Recovery Ventilator (ERV) core is a key component in HVAC systems designed to exchange heat and moisture between incoming and outgoing air streams. It helps maintain indoor air quality by supplying fresh air while conserving energy. The ERV core consists of a heat exchanger that transfers thermal energy and moisture to balance temperature and humidity between the exhaust air and the fresh supply air. This process reduces the workload on heating and cooling systems, leading to improved energy efficiency, better comfort, and reduced operational costs in buildings.

Market Dynamics:

Driver:

Growing demand for energy efficiency

Energy Recovery Ventilators help in maintaining indoor air quality while minimizing energy usage, which appeals to energy-conscious users. As regulations for energy efficiency become stricter, the adoption of ERVs is expected to rise, particularly in commercial and residential buildings. ERVs work by transferring heat and moisture between incoming and outgoing air, improving HVAC system efficiency. With increased awareness about environmental impact and energy costs, ERVs are seen as a cost-effective solution for sustainable building operations. This demand for energy-efficient solutions is expected to fuel market growth, with innovations in ERV technology further enhancing their appeal.

Restraint:

Limited awareness and technical expertise

Many potential customers are ignorant of the benefits and energy savings that ERVs provide, which restricts market expansion. A lack of understanding of the technology causes hesitation or opposition to implementing these systems. Furthermore, lack technical experience among contractors and installers results in poor installation and maintenance, lowering efficiency. The intricacy of ERV systems often turns off consumers who are unfamiliar with HVAC technologies. Furthermore, poor information stifles innovation and optimal customisation of ERV solutions to fit specific needs. As a result, the market will have slower acceptance and growth than other energy-efficient technologies.

Opportunity:

Government incentives and subsidies

Government incentives and subsidies make the technology more affordable for consumers and businesses. These financial incentives reduce the initial cost burden, encouraging widespread adoption of energy-efficient ventilation systems. Subsidies for green building projects further promote the integration of ERVs in new construction and renovations. Additionally, governments often offer tax credits or rebates for energy-saving investments, which stimulate demand in both residential and commercial sectors. Policies aimed at reducing carbon emissions also push businesses to invest in sustainable technologies like ERVs. As a result, government support accelerates the growth and innovation within the market, contributing to the overall shift towards energy-efficient building solutions.

Threat:

Competition from alternative ventilation systems

Technologies such as standalone air purifiers, traditional HVAC systems, and advanced smart ventilation systems compete directly with ERV cores by emphasizing convenience and affordability. These alternatives often require less complex installation, making them appealing to residential and small-scale commercial users. Furthermore, innovations in these systems, such as AI-driven air quality management and energy-efficient designs, attract environmentally conscious consumers. The perception of ERV cores as specialized or niche products limits their adoption compared to more versatile options. Additionally, the higher upfront costs and maintenance requirements of ERV systems deter budget-sensitive buyers. As a result, the presence of competing alternatives splits market demand, limiting the global adoption of ERV core technology.

Covid-19 Impact

The COVID-19 pandemic significantly impacted the energy recovery ventilator (ERV) core market, as demand for air ventilation systems surged due to heightened awareness of air quality and infection control. The increased focus on indoor air quality, particularly in healthcare facilities, commercial buildings, and residential spaces, accelerated the adoption of ERV systems. However, supply chain disruptions, labor shortages, and manufacturing delays during the pandemic posed challenges for production. Despite these hurdles, the market saw a rebound, driven by a growing emphasis on energy efficiency and sustainable building practices post-pandemic.

The enthalpy cores segment is expected to be the largest during the forecast period

The enthalpy cores segment is estimated to have a lucrative growth, due to enhanced energy efficiency. These cores facilitate the transfer of heat and moisture between incoming and outgoing air streams, reducing the energy required for heating or cooling. By promoting superior energy conservation, they help minimize HVAC system costs and reduce environmental impact. Enthalpy cores also contribute to better indoor air quality, ensuring optimal ventilation without excessive energy consumption. The growing demand for sustainable and energy-efficient solutions in residential and commercial buildings further drives their adoption.

The commercial segment is expected to have the highest CAGR during the forecast period

The commercial segment is anticipated to witness the highest CAGR growth during the forecast period, due to demand for energy-efficient building solutions. Commercial buildings, such as offices, schools, and hospitals, require optimal indoor air quality and ventilation systems, boosting ERV core adoption. As energy costs rise and sustainability regulations tighten, these buildings increasingly rely on ERVs to reduce energy consumption while maintaining comfort. ERVs in commercial spaces can recover energy from exhaust air, improving HVAC efficiency and reducing operational costs. Furthermore, growing awareness of environmental impact and green building certifications encourages the use of ERV technology.

Region with largest share:

Asia Pacific is expected to hold the largest market share during the forecast period due to increased awareness of energy-efficient systems and the rising demand for improved indoor air quality in residential, commercial, and industrial spaces. Countries like China, Japan, South Korea, and India are seeing higher adoption rates of ERVs due to stricter building regulations and urbanization trends. Additionally, the region's focus on sustainability and green building certifications is fuelling demand for ERVs, which offer energy savings by recovering heat or moisture from exhaust air. The market is expected to grow as industries and governments prioritize energy-efficient solutions.

Region with highest CAGR:

North America is expected to have the highest CAGR over the forecast period, owing to rising awareness of environmental sustainability and energy conservation. Key drivers include stricter building codes, a focus on sustainable construction practices, and advancements in HVAC technologies. ERVs play a crucial role in reducing heating and cooling costs by transferring heat and moisture between incoming and outgoing air, making them ideal for both residential and commercial buildings. With stricter building codes and a growing focus on indoor air quality, North America has seen a surge in the adoption of ERVs.

Key players in the market

Some of the key players profiled in the Energy Recovery Ventilator Core Market include Zehnder Group, Vent-Axia, LG Electronics, Mitsubishi Electric Corporation, TROX GmbH, Daikin Industries, Ltd., Fujitsu General Limited, Johnson Controls International plc, Honeywell International Inc., Trane Technologies, Samsung Electronics, Carrier Global Corporation, Vallox Oy, Airmaster, Greenheck Fan Corporation, Lennox International Inc., Swegon AB, Aereco, Air Solutions and Balancing, Inc. and Menerga GmbH.

Key Developments:

In November 2024, Vent-Axia has partnered with Switchee to launch the 'Vent-Axia's Lo-Carbon Revive 7 with Switchee connectivity'. This advanced ventilation solution is specifically designed for social housing and aims to improve indoor air quality (IAQ) while addressing issues like condensation and mould.

In June 2024, Vent-Axia launched a new product the Lo-Carbon Revive 7, new energy-efficient ventilation unit that operates silently and is designed to tackle condensation, dampness, and mould in social housing settings. It incorporates a sophisticated data monitoring system and now features enhanced capabilities through its integration with Switchee's technology.

Products Covered:

• Heat Recovery Ventilators (HRV) Cores
• Energy Recovery Ventilators (ERV) Cores
• Enthalpy Cores
• Plate Heat Exchangers
• Other Products

Sales Channels Covered:

• Direct Sales
• Distributors
• Online Sales

Technologies Covered:

• Sensible Energy Recovery
• Latent Energy Recovery
• Desiccant-Based Technology
• Other Technologies

Applications Covered:

• Residential
• Commercial
• Industrial
• Institutional
• Green Buildings
• Healthcare
• Retail
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Energy Recovery Ventilator Core Market, By Product

• 5.1 Introduction
• 5.2 Heat Recovery Ventilators (HRV) Cores
• 5.3 Energy Recovery Ventilators (ERV) Cores
• 5.4 Enthalpy Cores
• 5.5 Plate Heat Exchangers
• 5.6 Other Products

6 Global Energy Recovery Ventilator Core Market, By Sales Channel

• 6.1 Introduction
• 6.2 Direct Sales
• 6.3 Distributors
• 6.4 Online Sales

7 Global Energy Recovery Ventilator Core Market, By Technology

• 7.1 Introduction
• 7.2 Sensible Energy Recovery
• 7.3 Latent Energy Recovery
• 7.4 Desiccant-Based Technology
• 7.5 Other Technologies

8 Global Energy Recovery Ventilator Core Market, By Application

• 8.1 Introduction
• 8.2 Residential
• 8.3 Commercial
• 8.4 Industrial
• 8.5 Institutional
• 8.6 Green Buildings
• 8.7 Healthcare
• 8.8 Retail
• 8.9 Other Applications

9 Global Energy Recovery Ventilator Core Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Zehnder Group
• 11.2 Vent-Axia
• 11.3 LG Electronics
• 11.4 Mitsubishi Electric Corporation
• 11.5 TROX GmbH
• 11.6 Daikin Industries, Ltd.
• 11.7 Fujitsu General Limited
• 11.8 Johnson Controls International plc
• 11.9 Honeywell International Inc.
• 11.10 Trane Technologies
• 11.11 Samsung Electronics
• 11.12 Carrier Global Corporation
• 11.13 Vallox Oy
• 11.14 Airmaster
• 11.15 Greenheck Fan Corporation
• 11.16 Lennox International Inc.
• 11.17 Swegon AB
• 11.18 Aereco
• 11.19 Air Solutions and Balancing, Inc.
• 11.20 Menerga GmbH