Product Code: ETC4495285 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The energy recovery ventilator market in India is experiencing significant growth, primarily due to the rising awareness of indoor air quality and energy conservation. These systems are crucial in providing fresh air while recovering energy from exhaust air streams. As commercial and residential buildings aim for better energy efficiency and improved indoor environments, the demand for energy recovery ventilators has surged. The market is witnessing innovations in heat exchanger technology and air filtration, making these systems more efficient and cost-effective.
The energy recovery ventilator market in India is expanding due to the rising awareness of indoor air quality and energy efficiency. With the growth of commercial and residential construction, there`s a greater emphasis on ventilation systems that recover and exchange heat and moisture, improving comfort and reducing energy consumption. The demand for energy recovery ventilators is spurred by these factors.
The India energy recovery ventilator market faces several challenges. One of the key challenges is the lack of awareness among consumers and builders about the benefits of energy recovery ventilators (ERVs). Many stakeholders in the construction and HVAC industries are not fully informed about how ERVs can improve indoor air quality and energy efficiency. Additionally, the high initial cost of ERV systems can be a deterrent for some potential buyers, especially in a price-sensitive market like India. The installation and maintenance of these systems also require skilled technicians, and a shortage of such professionals can hinder the market`s growth. Furthermore, the India climate and building designs vary significantly across regions, making it challenging to offer standardized ERV solutions that are suitable for all environments.
The energy recovery ventilator market experienced a temporary slowdown as construction and HVAC projects were delayed. Increased emphasis on indoor air quality may drive future growth in this market.
Key Players in the market are Daikin India, Johnson Controls, and Panasonic India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Energy Recovery Ventilator Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Energy Recovery Ventilator Market Revenues & Volume, 2021 & 2031F |
3.3 India Energy Recovery Ventilator Market - Industry Life Cycle |
3.4 India Energy Recovery Ventilator Market - Porter's Five Forces |
3.5 India Energy Recovery Ventilator Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 India Energy Recovery Ventilator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Energy Recovery Ventilator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Energy Recovery Ventilator Market Trends |
6 India Energy Recovery Ventilator Market, By Types |
6.1 India Energy Recovery Ventilator Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 India Energy Recovery Ventilator Market Revenues & Volume, By Technology Type, 2021-2031F |
6.1.3 India Energy Recovery Ventilator Market Revenues & Volume, By Plate Heat Exchanger, 2021-2031F |
6.1.4 India Energy Recovery Ventilator Market Revenues & Volume, By Heat Pipe Heat Exchanger, 2021-2031F |
6.1.5 India Energy Recovery Ventilator Market Revenues & Volume, By Rotary Heat Exchanger, 2021-2031F |
6.1.6 India Energy Recovery Ventilator Market Revenues & Volume, By Run-Around Coil, 2021-2031F |
6.2 India Energy Recovery Ventilator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Energy Recovery Ventilator Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 India Energy Recovery Ventilator Market Revenues & Volume, By Residential, 2021-2031F |
7 India Energy Recovery Ventilator Market Import-Export Trade Statistics |
7.1 India Energy Recovery Ventilator Market Export to Major Countries |
7.2 India Energy Recovery Ventilator Market Imports from Major Countries |
8 India Energy Recovery Ventilator Market Key Performance Indicators |
9 India Energy Recovery Ventilator Market - Opportunity Assessment |
9.1 India Energy Recovery Ventilator Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 India Energy Recovery Ventilator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Energy Recovery Ventilator Market - Competitive Landscape |
10.1 India Energy Recovery Ventilator Market Revenue Share, By Companies, 2024 |
10.2 India Energy Recovery Ventilator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |