Recovery Ventilator Market – Mitsubishi Electric Corporation invented Energy Recovery Ventilators with heat exchange technology

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Mitsubishi Electric Corporation is a multinational electronics and electrical equipment manufacturing company. It is the leading company in the manufacture of air conditioners, elevators, ventilators, energy systems, and many more electronic devices. Mitsubishi recently invented Energy Recovery Ventilators with heat exchange technology. The company is the world leader in manufacturing electronics and electrical products.

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Market Segmentation   

Market Data Forecast published a report named Recovery Ventilators market. It is worth USD 2.61 billion in 2018and is projected to grow at a CAGR of 11.68%, to reach USD 4.53 billion by 2023.

Report segmented as:

Technology Type:

  • Plate Heat Exchanger
  • Heat Pipe Heat Exchanger
  • Rotary Heat Exchanger
  • Run-Around Coil


  • Commercial
  • Residential

Based on the technology type, Plate Heat Exchanger is estimated to account for the biggest proportion of the Energy Recovery ventilator market in 2018. Under the application, the commercial phase is anticipated to account for the largest share of the Energy Recovery ventilator market in 2018.

Geographical Segmentation   

On the basis of regional segregation, the global Energy Recovery Ventilator market is categorized into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America leads the Energy Recovery Ventilator market.

Key Market Players:   

  • Mitsubishi Electric Corporation (Japan)
  • Daikin (Japan)
  • Panasonic Corporation (Japan)
  • LG Electronics (South Korea)
  • Johnson Controls (US)
  • Munters (Sweden)
  • Carrier Corporation (US)
  • Nortek Air Solutions (US)
  • Greenheck Fan (US)

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The Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Bhargav Moturi