Heat Reclaim Ventilation (HRV) are advanced HVAC systems designed to provide controlled ventilation while recovering heat from outgoing air to improve energy efficiency and indoor air quality in buildings. These units are particularly effective in reducing heating and cooling costs by pre-conditioning incoming fresh air with the heat extracted from exhaust air.
Heat Reclaim Ventilation (HRV) Market Summary
According to the new market research report “Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Heat Reclaim Ventilation (HRV) market size is projected to reach USD 2.96 billion by 2030, at a CAGR of 4.5% during the forecast period.
- Global Heat Reclaim Ventilation (HRV) MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Heat Reclaim Ventilation (HRV) Top20Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Heat Reclaim Ventilation (HRV) include Zehnder Group, Carrier, Volution, Broan-NuTone, Daikin, Greenheck, Trane, Aldes Group, Mitsubishi Electric, Lennox International, etc. In 2023, the global top five players had a share approximately 39.0% in terms of revenue.
- Heat Reclaim Ventilation (HRV),Global Market Size, Split by Product Segment
Source: QYResearch, "Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, currently Ceiling-Mount is the largest segment, hold a share of 54.4%.
- Heat Reclaim Ventilation (HRV),Global Market Size, Split by ApplicationSegment
Source: QYResearch, "Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, currently Residential is the largest segment, hold a share of 33.2%.
- Heat Reclaim Ventilation (HRV),Global Market Size, Split by Region (Production)
Source: QYResearch, "Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Heat Reclaim Ventilation (HRV),Global Market Size, Split by Region
Source: QYResearch, "Heat Reclaim Ventilation (HRV) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
HRV systems significantly reduce energy consumption by reclaiming heat from exhaust air and transferring it to incoming fresh air. This leads to lower heating and cooling costs, which is a strong incentive for both residential and commercial property owners.
HRV systems enhance indoor air quality by providing a continuous supply of fresh, filtered air while removing stale air. This is increasingly important as people spend more time indoors and become more aware of the health impacts of poor air quality.
Restraint:
The upfront cost of purchasing and installing HRV systems can be prohibitive for many consumers and businesses. This includes not only the cost of the equipment but also installation expenses, which may require significant modifications to existing structures.
HRV systems require regular maintenance to function effectively, including cleaning or replacing filters and ensuring that the system is operating correctly. This ongoing maintenance can be seen as a burden for some users, particularly in residential settings.
Installing an HRV system requires adequate space for the units and ductwork, which can be challenging in smaller or older buildings where space is limited. This can restrict the feasibility of HRV systems in certain applications.
Opportunity:
Many governments have implemented stringent energy efficiency regulations and building codes that encourage or mandate the use of HRV systems. Additionally, incentives such as tax credits, grants, and rebates for energy-efficient upgrades further drive market adoption.
Advances in HRV technology, such as improved heat exchangers, smart controls, and integration with home automation systems, are making HRV systems more efficient, user-friendly, and attractive to consumers.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp