Market Overview:
The global heat recovery units market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating and cooling systems, growing awareness about the benefits of using heat recovery units, and rising investments in renewable energy sources. The global heat recovery units market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wall-mount type, ceiling-mount type, and cabinet-mount type. On the basis of application, it is divided into residential and nonresidential applications. Geographically speaking, it covers North America (the U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China), Middle East & Africa (South Africa).
Product Definition:
A heat recovery unit, or HRU, is a device that captures and recycles heat from one process to another. The captured heat can then be used to improve the efficiency of the second process. The importance of HRUs lies in their ability to improve energy efficiency and reduce emissions.
Wall-Mount Type:
The wall-mount type is a heat exchanger that is fixed in place and its external surface is parallel to the internal surface of the building. It has no piping or tubes running through it, therefore it offers less resistance to water than other types of HRUs. However, this type can be built at a lower cost than most other HRUs which makes them suitable for use in developing countries with low budgets where piped connections are not available.
Ceiling-Mount Type:
The type of Ceiling-Mount Type and it's usage in the Heat Recovery Units (HRU) market is used to mount a camera on top of a ceiling. The HRUs are installed in places that have limited space such as warehouses, industrial plants, and storage tanks. Ceiling-mount cameras can be fixed or moveable depending upon the application requirement.
Application Insights:
The residential application segment led the global heat recovery units market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing urbanization along with rising disposable income levels in developing countries such as China, India and Brazil. Furthermore, favorable government policies for promoting energy-efficient products are expected to drive demand over the coming years.
Non-residential applications include industries including power generation, oil & gas and food & beverage among others.
Regional Analysis:
North America was the largest regional market in 2017 owing to the presence of a large number of manufacturers and consumers. The region is expected to maintain its dominance over the forecast period due to increasing demand for energy-efficient products. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period, mainly driven by developing countries such as China, India, and Japan. Increasing industrial activities coupled with rising government initiatives are some factors driving growth in this region. Heat recovery units are also used widely in commercial buildings such as hotels and restaurants for reducing energy consumption costs along with improving overall efficiency of HRS systems.
The European heat recovery unit market is expected to grow at a significant rate over the forecast period owing both directly (to increased adoption).
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for heat recovery units is expected to grow at a CAGR of more than 7% from 2016 to 2024, owing to the increasing demand for energy-efficient devices across the world. Heat recovery units are one of the most efficient ways of recovering thermal energy from various industrial and commercial processes.
- Growing awareness about the benefits of using heat recovery units: There is a growing awareness among consumers about the benefits of using heat recovery units, which is helping to drive growth in this market. Heat recovery units offer several advantages over traditional heating methods such as reduced fuel costs and emissions, increased efficiency, and improved comfort levels.
- Rising investments in industrial infrastructure: The growth in industrial infrastructure across emerging economies is leading to an increase in demand for heat recovery units worldwide. These countries are investing heavily in new factories and plants that require large amounts of thermal energy, which can be recovered through these systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Recovery Units Market Research Report
By Type
Wall-Mount Type, Ceiling-Mount Type, Cabinet-Mount Type
By Application
Residential, Non-Residential
By Companies
S&P, Nuaire, Blauberg, Sodeca, EnviroVent, Vent-Axia, SALDA, Aereco, VENCO
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Heat Recovery Units Market Report Segments:
The global Heat Recovery Units market is segmented on the basis of:
Types
Wall-Mount Type, Ceiling-Mount Type, Cabinet-Mount Type
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
Residential, Non-Residential
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:
- S&P
- Nuaire
- Blauberg
- Sodeca
- EnviroVent
- Vent-Axia
- SALDA
- Aereco
- VENCO
Highlights of The Heat Recovery Units 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:
- Wall-Mount Type
- Ceiling-Mount Type
- Cabinet-Mount Type
- By Application:
- Residential
- Non-Residential
- 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 Heat Recovery Units 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.
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- Correctly Positioning New Products
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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?
Heat recovery units are a type of air conditioning unit that recover heat from the exhaust gases of the engine. This heat is then used to generate cooling airflow in the condenser.
Some of the major companies in the heat recovery units market are S&P, Nuaire, Blauberg, Sodeca, EnviroVent, Vent-Axia, SALDA, Aereco, VENCO.
The heat recovery units market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Recovery Units 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 Heat Recovery Units Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Recovery Units 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 Heat Recovery Units 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 Heat Recovery Units Market Size & Forecast, 2020-2028
4.5.1 Heat Recovery Units Market Size and Y-o-Y Growth
4.5.2 Heat Recovery Units 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 Wall-Mount Type
5.2.2 Ceiling-Mount Type
5.2.3 Cabinet-Mount Type
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 Residential
6.2.2 Non-Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Recovery Units 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 Heat Recovery Units 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 Wall-Mount Type
9.6.2 Ceiling-Mount Type
9.6.3 Cabinet-Mount Type
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 Residential
9.10.2 Non-Residential
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 Wall-Mount Type
10.6.2 Ceiling-Mount Type
10.6.3 Cabinet-Mount Type
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 Residential
10.10.2 Non-Residential
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 Wall-Mount Type
11.6.2 Ceiling-Mount Type
11.6.3 Cabinet-Mount Type
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 Residential
11.10.2 Non-Residential
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 Wall-Mount Type
12.6.2 Ceiling-Mount Type
12.6.3 Cabinet-Mount Type
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 Residential
12.10.2 Non-Residential
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 Wall-Mount Type
13.6.2 Ceiling-Mount Type
13.6.3 Cabinet-Mount Type
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 Residential
13.10.2 Non-Residential
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 Heat Recovery Units Market: Competitive Dashboard
14.2 Global Heat Recovery Units Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 S&P
14.3.2 Nuaire
14.3.3 Blauberg
14.3.4 Sodeca
14.3.5 EnviroVent
14.3.6 Vent-Axia
14.3.7 SALDA
14.3.8 Aereco
14.3.9 VENCO
