Market Overview:
The Global Commercial Energy Recovery Wheel Market is expected to grow at a CAGR of XX% and reach a market size of USD XX million by 2030. The market is segmented by type, application and region. On the basis of type, the market is segmented into condensation rotors, hygroscopic rotors and sorption rotors. Condensation rotor dominated the global commercial energy recovery wheel market in 2017 owing to its high efficiency and low cost as compared to other types of rotor. Hygroscopic rotor is expected to be the fastest growing segment during the forecast period owing to its ability to recover moisture from air with high efficiency. Sorption rotor held second largest share in 2017 on account of its ability for recovering both sensible & latent heat from air stream simultaneously making it an efficient option for large scale applications such as office buildings, malls etc. On the basis of application, office building was observed as leading application in 2017 followed by hotel sector across all regions studied in this research study except MEA where hospital sector led due lack availability data on other sectors . However , retail sector (including malls) are projected witness highest CAGR over 2018-2030 due increasing number shopping complexes being set up globally .
Product Definition:
Commercial Energy Recovery Wheel is a device that helps to recover energy from exhaust fumes. This device helps to improve the efficiency of the exhaust system and also reduces emissions.
Condensation Rotors:
Condensation rotors are used in the recovery of energy during condensation processes. The wheel consists of a series of concentric metal or plastic drums, which are filled with air and connected by pipes to an air compressor. As the wheel rotates, the air is compressed at high speed and temperature causing vaporization inside the wheel. This vaporized liquid returns to its liquid state on contact with cool surroundings thus saving energy.
Hygroscopic Rotors:
Hygroscopic rotors are used in commercial energy recovery wheel (CERW) market to absorb heat from the wheel and convert it into electricity. The process is done by a series of vanes that are spun by the electric motor, which causes the liquid crystal to change its orientation, thereby creating an electrical current.
The product has gained popularity owing to its ability to reduce carbon footprint along with providing clean energy.
Application Insights:
The market is segmented on the basis of application into office building, hotel, The Mall, school and hospital. Other applications include industrial buildings and warehouses as well as sports facilities such as stadiums and velodromes. Office buildings were the largest application segment in 2017 accounting for over 40% of total demand owing to increasing construction spending by major players such as Google Inc., Microsoft Corporation, Facebook Inc., etc. across key markets in North America and Europe.
Commercial energy recovery wheels are used widely across hotels due to their ability to provide heat water on-demand along with other benefits such as cost savings by not having a boiler operating continuously 24 x 7 x 365 thereby reducing electricity bills significantly.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing industrial activities and rapid development of commercial buildings. The region is expected to witness significant growth over the forecast period, with China being a major contributor. Increasing investments in construction of new commercial buildings as well as retrofitting existing structures are likely to drive regional demand for energy recovery wheels.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high carbon tax on greenhouse gas emissions coupled with stringent government regulations regarding energy consumption per structure/unit across the region, which has resulted in increased adoption of EEWs across Europe’s commercial sector including hotels, offices, schools and hospitals among others.
Growth Factors:
- Increasing demand for energy from commercial and industrial sectors
- Stringent government regulations for environment protection
- Rising prices of traditional fuels such as coal, oil, and natural gas
- Technological advancements in energy recovery wheel systems
- Growing awareness about the benefits of using energy recovery wheel systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Energy Recovery Wheel Market Research Report
By Type
Condensation Rotors, Hygroscopic Rotors, Sorption Rotors
By Application
Office Building, Hotel, The Mall, School, Hospital, Other
By Companies
Pahwa Group（Bry-Air and DRI）, Ostberg, Hoval Group, Klingenburg, Eri Corporation, Greenheck, FlaktGroup SEMCO, NovelAire, HEATEX, Seibu Giken, Airxchange
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Energy Recovery Wheel Market Report Segments:
The global Commercial Energy Recovery Wheel market is segmented on the basis of:
Types
Condensation Rotors, Hygroscopic Rotors, Sorption Rotors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Office Building, Hotel, The Mall, School, Hospital, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pahwa Group（Bry-Air and DRI）
- Ostberg
- Hoval Group
- Klingenburg
- Eri Corporation
- Greenheck
- FlaktGroup SEMCO
- NovelAire
- HEATEX
- Seibu Giken
- Airxchange
Highlights of The Commercial Energy Recovery Wheel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Condensation Rotors
- Hygroscopic Rotors
- Sorption Rotors
- By Application:
- Office Building
- Hotel
- The Mall
- School
- Hospital
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Energy Recovery Wheel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Commercial Energy Recovery Wheel (CERW) is a type of energy recovery device that captures and stores energy from waste streams. The CERW can be used to generate electricity, heat, or steam.
Some of the major companies in the commercial energy recovery wheel market are Pahwa Group（Bry-Air and DRI）, Ostberg, Hoval Group, Klingenburg, Eri Corporation, Greenheck, FlaktGroup SEMCO, NovelAire, HEATEX, Seibu Giken, Airxchange.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Energy Recovery Wheel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Energy Recovery Wheel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Energy Recovery Wheel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Energy Recovery Wheel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Energy Recovery Wheel Market Size & Forecast, 2020-2028
4.5.1 Commercial Energy Recovery Wheel Market Size and Y-o-Y Growth
4.5.2 Commercial Energy Recovery Wheel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Condensation Rotors
5.2.2 Hygroscopic Rotors
5.2.3 Sorption Rotors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Office Building
6.2.2 Hotel
6.2.3 The Mall
6.2.4 School
6.2.5 Hospital
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Energy Recovery Wheel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Energy Recovery Wheel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Condensation Rotors
9.6.2 Hygroscopic Rotors
9.6.3 Sorption Rotors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Office Building
9.10.2 Hotel
9.10.3 The Mall
9.10.4 School
9.10.5 Hospital
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Condensation Rotors
10.6.2 Hygroscopic Rotors
10.6.3 Sorption Rotors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Office Building
10.10.2 Hotel
10.10.3 The Mall
10.10.4 School
10.10.5 Hospital
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Condensation Rotors
11.6.2 Hygroscopic Rotors
11.6.3 Sorption Rotors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Office Building
11.10.2 Hotel
11.10.3 The Mall
11.10.4 School
11.10.5 Hospital
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Condensation Rotors
12.6.2 Hygroscopic Rotors
12.6.3 Sorption Rotors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Office Building
12.10.2 Hotel
12.10.3 The Mall
12.10.4 School
12.10.5 Hospital
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Condensation Rotors
13.6.2 Hygroscopic Rotors
13.6.3 Sorption Rotors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Office Building
13.10.2 Hotel
13.10.3 The Mall
13.10.4 School
13.10.5 Hospital
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Energy Recovery Wheel Market: Competitive Dashboard
14.2 Global Commercial Energy Recovery Wheel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pahwa Group（Bry-Air and DRI）
14.3.2 Ostberg
14.3.3 Hoval Group
14.3.4 Klingenburg
14.3.5 Eri Corporation
14.3.6 Greenheck
14.3.7 FlaktGroup SEMCO
14.3.8 NovelAire
14.3.9 HEATEX
14.3.10 Seibu Giken
14.3.11 Airxchange
