Market Overview:
The global MVHR and PIV market is expected to grow from USD 1.5 billion in 2018 to USD 3.2 billion by 2030, at a CAGR of 10.8% from 2018 to 2030. The growth of the MVHR and PIV market can be attributed to the increasing demand for energy-efficient buildings, growing awareness about indoor air quality (IAQ), and rising concerns about environmental pollution. The MVHR segment is expected to hold the largest share of the global MVHR and PIV market in 2018, owing to the increasing demand for energy-efficient buildings across the globe.
Product Definition:
MVHR stands for Mechanical Ventilation with Heat Recovery. It is a system that extracts stale air from a building and replaces it with fresh air, while recovering the heat from the extracted air. This helps to keep the building warm in winter and cool in summer.
PIV stands for Particle Image Velocimetry. It is a technique used to measure the velocity of particles in a fluid flow. This can be used to measure the speed of airflow through an MVHR system, which can help to optimize its performance.
MVHR:
Middle-earner Taxonomy (METS) is a taxonomic classification of the middle-earner parent, which is used to group together all the species that have two parents with distinct hear sizes and shapes. The middle ear comprises ossicles: incus and stapes; three semicircular canals; and tympanostomy tube. Ossicles are connected by membranes or bars called basilar membrane or stapedius muscle.
PIV:
Personal Injury Vehicle Renting (PIVR) is a form of auto insurance that allows the driver to lease or rent a vehicle with the intent of driving it to work. The policy provides coverage for non-owned vehicles while providing liability protection and bodily injury protection. PIV policies are designed for use in commercial automobile rental and leasing businesses, which include an agreement between a lessor and an lessee, commonly known as the car rental company.
Application Insights:
Non-residential application segment dominated the global market in 2017. This is attributed to a large number of healthcare facilities, government organizations and commercial buildings installing Mitsubishi Electric HVAC systems. The residential sector is expected to be the fastest growing non-residential application segment over the forecast period owing to increasing demand for energy efficient products resulting in increased installations of Mitsubishi Electric MVHR and PIV systems.
The Asia Pacific region is projected to exhibit significant growth during the forecast period on account of rising investments in infrastructure development coupled with technological advancements driving demand for energy efficient solutions such as Mitsubishi Electric MVHR and PIV equipment.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing adoption of home security and monitoring systems, high disposable income, and stringent regulations for safety standards by regulatory bodies such as National Fire Protection Association (NFPA). Europe is expected to witness significant growth over the forecast period owing to rising demand for advanced security solutions at residential as well as non-residential buildings. Asia Pacific is projected to exhibit a CAGR exceeding 5% during the same period due to growing crime rates in countries such as India & China along with other South East Asian nations. Furthermore, government initiatives encouraging citizens from middle-income groups are anticipated boost regional product demand over next eight years.
Latin America has witnessed an increase in violent crimes including murder rate per 100 thousand people between 2010.
Growth Factors:
- Increasing demand for energy-efficient and green buildings
- Stringent government regulations and standards for energy efficiency in buildings
- Growing awareness of the benefits of MVHR and PIV systems among consumers
- Advances in technology that have led to more efficient and affordable MVHR and PIV systems
- Rising demand from the commercial sector for energy-efficient buildings
Scope Of The Report
Report Attributes
Report Details
Report Title
MVHR and PIV Market Research Report
By Type
MVHR, PIV
By Application
Residential, Non-residential
By Companies
EnviroVent, Nuaire, Vent-Axia, Titon UK
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global MVHR and PIV Market Report Segments:
The global MVHR and PIV market is segmented on the basis of:
Types
MVHR, PIV
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:
- EnviroVent
- Nuaire
- Vent-Axia
- Titon UK
Highlights of The MVHR and PIV 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:
- MVHR
- PIV
- 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 MVHR and PIV 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Some of the key players operating in the mvhr and piv market are EnviroVent, Nuaire, Vent-Axia, Titon UK.
The mvhr and piv market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MVHR and PIV 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 MVHR and PIV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MVHR and PIV 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 MVHR and PIV 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 MVHR and PIV Market Size & Forecast, 2018-2028
4.5.1 MVHR and PIV Market Size and Y-o-Y Growth
4.5.2 MVHR and PIV Market Absolute $ Opportunity
Chapter 5 Global MVHR and PIV 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 MVHR and PIV Market Size Forecast by Type
5.2.1 MVHR
5.2.2 PIV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MVHR and PIV 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 MVHR and PIV Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MVHR and PIV 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 MVHR and PIV 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 MVHR and PIV Analysis and Forecast
9.1 Introduction
9.2 North America MVHR and PIV 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 MVHR and PIV Market Size Forecast by Type
9.6.1 MVHR
9.6.2 PIV
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 MVHR and PIV 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 MVHR and PIV Analysis and Forecast
10.1 Introduction
10.2 Europe MVHR and PIV 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 MVHR and PIV Market Size Forecast by Type
10.6.1 MVHR
10.6.2 PIV
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 MVHR and PIV 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 MVHR and PIV Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MVHR and PIV 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 MVHR and PIV Market Size Forecast by Type
11.6.1 MVHR
11.6.2 PIV
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 MVHR and PIV 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 MVHR and PIV Analysis and Forecast
12.1 Introduction
12.2 Latin America MVHR and PIV 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 MVHR and PIV Market Size Forecast by Type
12.6.1 MVHR
12.6.2 PIV
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 MVHR and PIV 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) MVHR and PIV Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MVHR and PIV 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) MVHR and PIV Market Size Forecast by Type
13.6.1 MVHR
13.6.2 PIV
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) MVHR and PIV 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 MVHR and PIV Market: Competitive Dashboard
14.2 Global MVHR and PIV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EnviroVent
14.3.2 Nuaire
14.3.3 Vent-Axia
14.3.4 Titon UK
