Commercial Buildings

Published on August 12th, 2014 | by pressroom


Energy Recovery Ventilator Systems Research

An energy recovery ventilator (ERV) is a type of heating, ventilation, and air conditioning (HVAC) equipment that uses the energy associated with the thermally conditioned air being exhausted from a building to precondition the incoming air. ERVs, which offer many advantages for both improved indoor air quality (IAQ) and reduced energy consumption, are one of the fastest-growing segments of improved IAQ management in buildings. Click to tweet: According to a recent report from Navigant Research, worldwide revenue from ERVs will grow from $1.6 billion in 2014 to $2.8 billion in 2020.


“Along with new standards and regulations, the heightened sensitivity to how the health and comfort of office workers affects productivity is driving increased acceptance of IAQ technologies in more buildings,” says Benjamin Freas, research analyst with Navigant Research. “ERVs are growing in popularity because they provide energy-saving benefits without sacrificing IAQ.”

Other IAQ technologies that are experiencing strong growth, according to the report, include carbon dioxide sensors, demand-controlled ventilation, dedicated outdoor air systems, and ultraviolet irradiation to eliminate microbes. Revenue for the overall IAQ market is projected to increase from $3.3 billion in 2014 to $5.6 billion in 2020, expanding at a compound annual growth rate of 8.8 percent over that period.

The report, “Indoor Air Quality Monitoring and Management in Smart Buildings”, provides a comprehensive, global look at the state of the various IAQ-related technologies that are currently available and being used in both new and retrofit applications. Revenue forecasts, segmented by technology, building type, and region, extend through 2020. The report includes a detailed look at the market drivers and barriers, technology issues, and key standards for IAQ systems, and profiles key industry players. An Executive Summary of the report is available for free download on the Navigant Research website.

Source: Business Wire


Tags: , ,

About the Author

Back to Top ↑
  • Advertisment

  • Cost of Solar Panels


    Want to go green and save green? The cost of solar panels is at a record low, and going solar could probably save you some serious green cash money!

  • Advertisement

  • 10 Top Solar Facts

    solar power facts
  • Solar Prices Low, Low, Low

    solar prices lower than fossil fuels nuclear power
  • Advertisement

  • Advantages of Solar Power

    Advantages and Disadvantages Solar Power
  • 44 Tips For Trolling Solar

  • Search the IM Network