The global energy recovery ventilator core market is projected to grow from USD 1.01 billion in 2024 to USD 1.56 billion by 2030, at a CAGR of 7.4% from 2024 to 2030. The market's growth is driven by the increasing demand for good ventilation systems in residential and commercial projects, the rising need for good indoor air quality, and the meeting of energy-efficient standards.
Companies such as CORE Energy Recovery Solutions (Germany), Innergy Tech Inc. (Canada), Ruskin (US), HOLTOP (China), and Greenheck Fan Corporation (US) fall under the winners’ category. These are leading players globally in the energy recovery ventilator core market. These players have adopted the strategies of new product launches, partnerships, agreements, and acquisitions to fulfill the rising demand for energy recovery ventilator cores on the regional and global levels.
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CORE Energy Recovery Solutions (Germany)
CORE Energy Recovery Solutions was formed by merging three significant companies: Paul dPoint Technologies GmbH from Germany, CORE from Canada, and Recair B.V. from the Netherlands. CORE Energy Recovery Solutions is one of the leading energy recovery ventilator core manufacturers known as heat and enthalpy exchangers. The company uses production technologies, including robot-controlled systems and laser and ultrasonic welding, to produce its vast range of products. The company produces counterflow heat exchangers, crossflow heat exchangers, and customized heat and enthalpy exchangers. Its heat exchangers apply to residential buildings, commercial buildings, hotels, and sports facilities. The company marks its global presence by providing its products and services across North America, Europe, and Asia Pacific.
Innergy Tech Inc. (Canada)
Innergy Tech Inc. is one of the leading manufacturers of air-to-air heat and energy recovery products and one of the leading suppliers of such products to the HVAC industry. The company has over twenty years of experience in this field. It produces and markets its products under two major segments, including the commercial segment and the residential segment. Innergy Tech produces heat pipes, plates, and energy recovery wheels under the commercial segment, counter-flow cores and crossflow cores under its residential segment. The company is continuously involved in the research and development of new products. The company marks its global presence by providing its products and services in over twenty countries.
Ruskin (US)
Ruskin is one of the leaders in the production of air control systems. Ruskin provides air control solutions, including dampers, louvers, energy recovery ventilators (ERV), air measurement devices, and sound control for HVAC systems. The company’s products in various commercial applications include data centers, high-rise buildings, retail, hotels, healthcare, and educational facilities. In 2014, Ruskin was acquired by Johnson Controls. The company operates in North America, Asia Pacific, and the Middle East.
HOLTOP (China)
HOLTOP is one of the leading manufacturers in China specializing in producing air-to-air heat recovery equipment. It has been dedicated to research and technology development in heat recovery ventilation and energy-saving air handling equipment since 2002. The company can provide a complete product line with up to 20 series and 200 specifications. Heat recovery ventilators, energy recovery ventilators, rotary heat exchangers, plate heat exchangers, fresh air filtration systems, and air handling units are among the products the company offers. The company has a geographic presence across Europe, North America, and Asia Pacific.
Greenheck Fan Corporation (US)
Greenheck Fan Corporation initially started as a small sheet metal shop but has now become one of the leading companies in producing air movement, control, and conditioning equipment. The company’s ventilation products can be found in ductwork, behind the walls, and in non-residential buildings around the globe, including hospitals, office buildings, hotels, restaurants, schools, shopping malls, and industrial plants. The company’s vast product range includes fans, louvers, dampers, kitchen ventilation systems, make-up air units, and energy recovery ventilators. Greenheck Fan Corporation provides three kinds of products under the energy recovery ventilators category, including preconditioners, modules, and residential energy recovery ventilators. The company marks its global presence by providing its products and services through its manufacturing centers and distribution facilities across North America and Asia Pacific.
Related Reports:
Energy Recovery Ventilator Core Market by Material Type (Engineered Resin, Fibrous Paper, Aluminum, Stainless Steel), Shape (Square, Diamond, Hexagon, Wheel), Flow Type (Counter-flow and Crossflow) and Region - Global Forecast to 2030
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