Favorable economic conditions especially in the U.S., growing concerns related to greenhouse gas emissions, and support from government through federal tax credit have led to the increasing deployment of energy recovery ventilator systems in various applications across several sectors such as commercial and residential.
Complete report on Energy Recovery Ventilator Market spread across 141 pages, profiling 10 companies and supported with 102 tables and 31 figures is now available at http://www.reportsnreports.com/reports/638064-energy-recovery-ventilator-market-by-technology-plate-heat-exchange-heat-pipe-heat-exchange-rotary-heat-exchange-run-around-coil-and-others-application-commercial-residential-and-others-region-global-forecast-to-2021.html .
The major reason behind the growth of commercial sector is the increasing penetration of energy recovery ventilators in commercial buildings such as gyms, hotels, offices, and laboratories in comparison to the residential segment. Furthermore, growing demand for energy-efficient devices globally also drives the commercial segment, which is focused on reducing costs through energy efficiency.
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The energy recovery ventilator market in North America is projected to register the highest CAGR between 2016 and 2021. This high growth can be attributed to the growing initiatives by government and non-government organizations for the adoption of energy recovery ventilators. The federal government mandates energy recovery ventilation systems in federal buildings and recommends that schools and small businesses consider the use of energy recovery ventilation. Also, the growing concerns towards energy saving and minimizing cost related to energy consumption drives the installation of energy recovery ventilator systems in North America region.
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This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (55%); Tier 2 (20%) and other (25%) companies were contacted for interviews. The interviews were conducted with various key people such as C level (75%), Director Level (25%) from various key organizations. The primary interviews were conducted worldwide covering regions such as Asia-Pacific (30%), Europe (20%), North America (10%), The Middle East & Africa (20%), and Latin America (20%).
Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, and opportunities. It also discusses competitive strategies adopted by different market players, such as Mitsubishi Electric Corporation, Ltd., Nortek Air Solutions, LLC, Munters Corporation, Greenheck, RenewAire, LLC, Reznor, Zehnder America, Inc., Ruskin Rooftop System, and DRI Innovative Air Solutions.
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Surfactant EOR Market by Origin (Surfactants, Biosurfactants), by Type (Anionic Surfactants, Other Surfactants), by Technique (ASP Flooding, SP Flooding), by Application (Onshore, Offshore), and by Region — Global Forecast to 2021. The Surfactants EOR market is projected to reach USD 70.9 million, by 2021, and register a CAGR of 3.20%, between 2016 and 2021. Now available at http://www.reportsnreports.com/reports/607450-surfactant-eor-market-by-origin-surfactants-biosurfactants-by-type-anionic-surfactants-other-surfactants-by-technique-asp-flooding-sp-flooding-by-application-onshore-offshore-and-by-region-global-forecast-to-2021.html .
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