Global Commercial Heat Recovery Ventilation (HRV) Units Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Rotary Heat Exchangers
- 1.3.3 Plate Heat Exchangers
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Hotel
- 1.4.3 Restaurant
- 1.4.4 Office
- 1.4.5 School
- 1.4.6 Others
- 1.5 Global Commercial Heat Recovery Ventilation (HRV) Units Market Size & Forecast
- 1.5.1 Global Commercial Heat Recovery Ventilation (HRV) Units Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity (2020-2031)
- 1.5.3 Global Commercial Heat Recovery Ventilation (HRV) Units Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Johnson Controls
- 2.1.1 Johnson Controls Details
- 2.1.2 Johnson Controls Major Business
- 2.1.3 Johnson Controls Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.1.4 Johnson Controls Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Johnson Controls Recent Developments/Updates
- 2.2 Fantech
- 2.2.1 Fantech Details
- 2.2.2 Fantech Major Business
- 2.2.3 Fantech Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.2.4 Fantech Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Fantech Recent Developments/Updates
- 2.3 Daikin
- 2.3.1 Daikin Details
- 2.3.2 Daikin Major Business
- 2.3.3 Daikin Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.3.4 Daikin Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Daikin Recent Developments/Updates
- 2.4 Broan
- 2.4.1 Broan Details
- 2.4.2 Broan Major Business
- 2.4.3 Broan Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.4.4 Broan Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Broan Recent Developments/Updates
- 2.5 Zehnder
- 2.5.1 Zehnder Details
- 2.5.2 Zehnder Major Business
- 2.5.3 Zehnder Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.5.4 Zehnder Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Zehnder Recent Developments/Updates
- 2.6 Midea
- 2.6.1 Midea Details
- 2.6.2 Midea Major Business
- 2.6.3 Midea Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.6.4 Midea Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Midea Recent Developments/Updates
- 2.7 Airia Brands
- 2.7.1 Airia Brands Details
- 2.7.2 Airia Brands Major Business
- 2.7.3 Airia Brands Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.7.4 Airia Brands Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Airia Brands Recent Developments/Updates
- 2.8 Airflow Developments
- 2.8.1 Airflow Developments Details
- 2.8.2 Airflow Developments Major Business
- 2.8.3 Airflow Developments Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.8.4 Airflow Developments Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Airflow Developments Recent Developments/Updates
- 2.9 Cooke Industries
- 2.9.1 Cooke Industries Details
- 2.9.2 Cooke Industries Major Business
- 2.9.3 Cooke Industries Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.9.4 Cooke Industries Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Cooke Industries Recent Developments/Updates
- 2.10 Menred
- 2.10.1 Menred Details
- 2.10.2 Menred Major Business
- 2.10.3 Menred Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.10.4 Menred Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Menred Recent Developments/Updates
- 2.11 Nuaire
- 2.11.1 Nuaire Details
- 2.11.2 Nuaire Major Business
- 2.11.3 Nuaire Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.11.4 Nuaire Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Nuaire Recent Developments/Updates
- 2.12 VES Direct
- 2.12.1 VES Direct Details
- 2.12.2 VES Direct Major Business
- 2.12.3 VES Direct Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.12.4 VES Direct Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 VES Direct Recent Developments/Updates
- 2.13 VENTS
- 2.13.1 VENTS Details
- 2.13.2 VENTS Major Business
- 2.13.3 VENTS Commercial Heat Recovery Ventilation (HRV) Units Product and Services
- 2.13.4 VENTS Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.13.5 VENTS Recent Developments/Updates
3 Competitive Environment: Commercial Heat Recovery Ventilation (HRV) Units by Manufacturer
- 3.1 Global Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Commercial Heat Recovery Ventilation (HRV) Units Revenue by Manufacturer (2020-2025)
- 3.3 Global Commercial Heat Recovery Ventilation (HRV) Units Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Commercial Heat Recovery Ventilation (HRV) Units by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Commercial Heat Recovery Ventilation (HRV) Units Manufacturer Market Share in 2024
- 3.4.3 Top 6 Commercial Heat Recovery Ventilation (HRV) Units Manufacturer Market Share in 2024
- 3.5 Commercial Heat Recovery Ventilation (HRV) Units Market: Overall Company Footprint Analysis
- 3.5.1 Commercial Heat Recovery Ventilation (HRV) Units Market: Region Footprint
- 3.5.2 Commercial Heat Recovery Ventilation (HRV) Units Market: Company Product Type Footprint
- 3.5.3 Commercial Heat Recovery Ventilation (HRV) Units Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Commercial Heat Recovery Ventilation (HRV) Units Market Size by Region
- 4.1.1 Global Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Region (2020-2031)
- 4.1.2 Global Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Region (2020-2031)
- 4.1.3 Global Commercial Heat Recovery Ventilation (HRV) Units Average Price by Region (2020-2031)
- 4.2 North America Commercial Heat Recovery Ventilation (HRV) Units Consumption Value (2020-2031)
- 4.3 Europe Commercial Heat Recovery Ventilation (HRV) Units Consumption Value (2020-2031)
- 4.4 Asia-Pacific Commercial Heat Recovery Ventilation (HRV) Units Consumption Value (2020-2031)
- 4.5 South America Commercial Heat Recovery Ventilation (HRV) Units Consumption Value (2020-2031)
- 4.6 Middle East & Africa Commercial Heat Recovery Ventilation (HRV) Units Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Type (2020-2031)
- 5.2 Global Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Type (2020-2031)
- 5.3 Global Commercial Heat Recovery Ventilation (HRV) Units Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Application (2020-2031)
- 6.2 Global Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Application (2020-2031)
- 6.3 Global Commercial Heat Recovery Ventilation (HRV) Units Average Price by Application (2020-2031)
7 North America
- 7.1 North America Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Type (2020-2031)
- 7.2 North America Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Application (2020-2031)
- 7.3 North America Commercial Heat Recovery Ventilation (HRV) Units Market Size by Country
- 7.3.1 North America Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Country (2020-2031)
- 7.3.2 North America Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Type (2020-2031)
- 8.2 Europe Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Application (2020-2031)
- 8.3 Europe Commercial Heat Recovery Ventilation (HRV) Units Market Size by Country
- 8.3.1 Europe Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Commercial Heat Recovery Ventilation (HRV) Units Market Size by Region
- 9.3.1 Asia-Pacific Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Type (2020-2031)
- 10.2 South America Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Application (2020-2031)
- 10.3 South America Commercial Heat Recovery Ventilation (HRV) Units Market Size by Country
- 10.3.1 South America Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Country (2020-2031)
- 10.3.2 South America Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Commercial Heat Recovery Ventilation (HRV) Units Market Size by Country
- 11.3.1 Middle East & Africa Commercial Heat Recovery Ventilation (HRV) Units Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Commercial Heat Recovery Ventilation (HRV) Units Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Commercial Heat Recovery Ventilation (HRV) Units Market Drivers
- 12.2 Commercial Heat Recovery Ventilation (HRV) Units Market Restraints
- 12.3 Commercial Heat Recovery Ventilation (HRV) Units Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Commercial Heat Recovery Ventilation (HRV) Units and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Commercial Heat Recovery Ventilation (HRV) Units
- 13.3 Commercial Heat Recovery Ventilation (HRV) Units Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Commercial Heat Recovery Ventilation (HRV) Units Typical Distributors
- 14.3 Commercial Heat Recovery Ventilation (HRV) Units Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Commercial Heat Recovery Ventilation (HRV) Units market size was valued at US$ 3678 million in 2024 and is forecast to a readjusted size of USD 5597 million by 2031 with a CAGR of 6.2% during review period.
Commercial heat recovery ventilation (HRV) units are a type of ventilation system that is used to remove stale, polluted air from a commercial building and replace it with fresh, filtered air. They work by transferring heat from the outgoing air to the incoming air, which helps to conserve energy.
HRV units are typically used in large buildings, such as office buildings, schools, and hospitals. They can also be used in smaller buildings, such as restaurants and retail stores.
The global commercial heat recovery ventilation (HRV) units market is expected to grow at a CAGR of 7.5% from 2022 to 2032. The growth of the market is driven by the increasing demand for energy-efficient ventilation systems in commercial buildings.
Commercial HRV units are a type of ventilation system that transfers heat from the outgoing air to the incoming air, which helps to conserve energy. They are typically used in large buildings, such as office buildings, schools, and hospitals.
The key drivers of the commercial HRV units market include:
The increasing demand for energy-efficient ventilation systems: Commercial HRV units are a more energy-efficient alternative to traditional ventilation systems, such as exhaust fans and air conditioners. This is driving the demand for commercial HRV units in commercial buildings.
The increasing awareness of the importance of indoor air quality: Indoor air quality is becoming increasingly important, as people are becoming more aware of the health risks associated with poor air quality. Commercial HRV units can help to improve indoor air quality by removing pollutants and allergens from the air.
The stringent regulations on indoor air quality: Many countries have stringent regulations on indoor air quality. This is driving the demand for commercial HRV units, as they can help to comply with these regulations.
The growing popularity of green buildings: Green buildings are designed to be more energy-efficient and environmentally friendly. Commercial HRV units are a key component of many green buildings.
The key challenges to the commercial HRV units market include:
The high initial cost of commercial HRV units: Commercial HRV units can be more expensive than traditional ventilation systems. This can be a barrier to adoption, especially for small businesses.
The complexity of installation and maintenance: Commercial HRV units can be complex to install and maintain. This can be a barrier to adoption, especially for businesses that do not have the in-house expertise.
The lack of awareness about commercial HRV units: Many businesses are not aware of the benefits of commercial HRV units. This can be a barrier to adoption, as businesses may not see the need to invest in these systems.
Despite these challenges, the commercial HRV units market is expected to grow in the coming years. The growth of the market will be driven by the increasing demand for energy-efficient and environmentally friendly ventilation systems.
This report is a detailed and comprehensive analysis for global Commercial Heat Recovery Ventilation (HRV) Units market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Commercial Heat Recovery Ventilation (HRV) Units market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Heat Recovery Ventilation (HRV) Units market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Heat Recovery Ventilation (HRV) Units market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Heat Recovery Ventilation (HRV) Units market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Commercial Heat Recovery Ventilation (HRV) Units
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Commercial Heat Recovery Ventilation (HRV) Units market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Johnson Controls, Fantech, Daikin, Broan, Zehnder, Midea, Airia Brands, Airflow Developments, Cooke Industries, Menred, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Commercial Heat Recovery Ventilation (HRV) Units market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Rotary Heat Exchangers
Plate Heat Exchangers
Market segment by Application
Hotel
Restaurant
Office
School
Others
Major players covered
Johnson Controls
Fantech
Daikin
Broan
Zehnder
Midea
Airia Brands
Airflow Developments
Cooke Industries
Menred
Nuaire
VES Direct
VENTS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Commercial Heat Recovery Ventilation (HRV) Units product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Commercial Heat Recovery Ventilation (HRV) Units, with price, sales quantity, revenue, and global market share of Commercial Heat Recovery Ventilation (HRV) Units from 2020 to 2025.
Chapter 3, the Commercial Heat Recovery Ventilation (HRV) Units competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Commercial Heat Recovery Ventilation (HRV) Units breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Commercial Heat Recovery Ventilation (HRV) Units market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Heat Recovery Ventilation (HRV) Units.
Chapter 14 and 15, to describe Commercial Heat Recovery Ventilation (HRV) Units sales channel, distributors, customers, research findings and conclusion.