Energy Recovery Ventilator Market Segmentation:
Application Segment Analysis
In energy recovery ventilator market, commercial segment is poised to capture substantial share by the end of 2035. Energy recovery ventilators are widely used in commercial buildings such as hospitals, schools, offices, restaurants, commercial kitchens, and other commercial areas. Also, there are more and more "green" buildings, and various government laws to reduce energy use in buildings are being created and strictly enforced. Moreover, the market is expanding owing to the increased demand for these devices globally. For instance, 17.2% of green building in the United States belongs to the commercial department.
Type Segment Analysis
In energy recovery ventilator market, Ceiling mount segment is expected to capture remarkable share by the end of 2035, owing to their wiring and ducting over the walls and to reduce the installation cost and invasiveness. The ceiling mount type energy recovery ventilator is high in demand for commercial and residential areas as it lowers the consumption of central spaces and creates afresh indoor air quality.
Our in-depth analysis of the global market includes the following segments:
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of energy recovery ventilator is assessed at USD 4.8 billion.
The global energy recovery ventilator market size was valued at over USD 4.36 billion in 2025 and is expected to expand at a CAGR of around 11.2%, surpassing USD 12.6 billion revenue by 2035.
The Asia Pacific energy recovery ventilator market is poised to capture 45% share by 2035, attributed to rising living standards and robust real estate sector.
Key players in the market include Panasonic Corporation, Mitsubishi Electric Corporation, Daikin Industries, Ltd., Lennox International, LLC, Nortek Air Solutions, LLC, Dae Ryun Ind. Co. Ltd., UltinateAir, Inc., Carrier Corporation, General Electric Company, LG Electronics.
