| Product Code: ETC4518268 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The energy recovery ventilator (ERV) core market in Singapore is experiencing growth in response to the nation`s focus on energy efficiency and indoor air quality. ERVs play a critical role in maintaining a healthy indoor environment while reducing energy consumption. As Singapore addresses the need for sustainable building practices, the market for ERV cores is expected to expand. These components are increasingly integrated into heating, ventilation, and air conditioning (HVAC) systems, making them essential for energy-conscious building designs.
The Singapore energy recovery ventilator core market is growing as a result of the construction and HVAC (Heating, Ventilation, and Air Conditioning) industries` increasing focus on energy efficiency and indoor air quality. Energy recovery ventilator cores are integral in ventilating and conditioning indoor spaces while conserving energy by recovering heat or cooling from exhaust air. The need for sustainable building practices and adherence to energy efficiency standards is propelling the demand for these cores in Singapore construction projects.
In the Singapore energy recovery ventilator core market, challenges arise from the need for energy-efficient solutions for indoor air quality. Market players must address the balance between heat and moisture recovery efficiency, unit size, and cost-effectiveness. Energy recovery ventilator cores should meet strict standards for energy conservation while also being easy to install and maintain. Additionally, the market faces challenges associated with promoting the benefits of energy recovery systems to potential users.
The Singapore energy recovery ventilator (ERV) core market experienced shifts in demand due to the COVID-19 pandemic. With a growing emphasis on indoor air quality and ventilation, ERV cores gained importance in various applications, including residential, commercial, and healthcare facilities. The pandemic highlighted the significance of ERV systems in ensuring fresh and healthy indoor air. The market adapted by addressing the specific ventilation needs of different sectors and emphasizing the role of ERV cores in energy efficiency and occupant well-being.
Key players in the energy recovery ventilator core market in Singapore include Daikin, Mitsubishi Electric, and Panasonic. They produce energy-efficient ventilation systems for residential and commercial use.
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 Singapore Energy Recovery Ventilator Core Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Energy Recovery Ventilator Core Market - Industry Life Cycle |
3.4 Singapore Energy Recovery Ventilator Core Market - Porter's Five Forces |
3.5 Singapore Energy Recovery Ventilator Core Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Singapore Energy Recovery Ventilator Core Market Revenues & Volume Share, By Shape, 2021 & 2031F |
3.7 Singapore Energy Recovery Ventilator Core Market Revenues & Volume Share, By Flow Type, 2021 & 2031F |
4 Singapore Energy Recovery Ventilator Core Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness of energy efficiency and sustainability practices in building construction |
4.2.2 Stringent government regulations and policies promoting energy conservation |
4.2.3 Growing focus on indoor air quality and ventilation systems in commercial and residential buildings |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with energy recovery ventilator core systems |
4.3.2 Limited adoption due to lack of awareness and education about the benefits of energy recovery ventilators |
4.3.3 Challenges in retrofitting existing buildings with energy recovery ventilator systems |
5 Singapore Energy Recovery Ventilator Core Market Trends |
6 Singapore Energy Recovery Ventilator Core Market, By Types |
6.1 Singapore Energy Recovery Ventilator Core Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Engineered Resin, 2021-2031F |
6.1.4 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Fibrous Paper, 2021-2031F |
6.2 Singapore Energy Recovery Ventilator Core Market, By Shape |
6.2.1 Overview and Analysis |
6.2.2 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Square, 2021-2031F |
6.2.3 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Diamond, 2021-2031F |
6.2.4 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Hexagon, 2021-2031F |
6.2.5 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Wheel, 2021-2031F |
6.3 Singapore Energy Recovery Ventilator Core Market, By Flow Type |
6.3.1 Overview and Analysis |
6.3.2 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Counter-flow , 2021-2031F |
6.3.3 Singapore Energy Recovery Ventilator Core Market Revenues & Volume, By Crossflow, 2021-2031F |
7 Singapore Energy Recovery Ventilator Core Market Import-Export Trade Statistics |
7.1 Singapore Energy Recovery Ventilator Core Market Export to Major Countries |
7.2 Singapore Energy Recovery Ventilator Core Market Imports from Major Countries |
8 Singapore Energy Recovery Ventilator Core Market Key Performance Indicators |
8.1 Energy savings achieved through the use of energy recovery ventilator systems |
8.2 Number of new construction projects incorporating energy recovery ventilator cores |
8.3 Percentage increase in demand for energy recovery ventilator systems in the market |
9 Singapore Energy Recovery Ventilator Core Market - Opportunity Assessment |
9.1 Singapore Energy Recovery Ventilator Core Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Singapore Energy Recovery Ventilator Core Market Opportunity Assessment, By Shape, 2021 & 2031F |
9.3 Singapore Energy Recovery Ventilator Core Market Opportunity Assessment, By Flow Type, 2021 & 2031F |
10 Singapore Energy Recovery Ventilator Core Market - Competitive Landscape |
10.1 Singapore Energy Recovery Ventilator Core Market Revenue Share, By Companies, 2024 |
10.2 Singapore Energy Recovery Ventilator Core Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |