Global Residential Balanced Ventilators Market 2018-2022

Residential balanced ventilators market outlook

Research analysis on the global residential balanced ventilators market identifies that the technological innovations and product-line extensions enabling product premiumization will be one of the major factors that will have a positive impact on the growth of the market. Premiumization helps in the expansion of customer base and enhances the customer engagement management. This, in turn, will boost the adoption of residential balanced ventilators or ventilation system. Technavio’s market research analysts predict that this market will grow at a CAGR of close to 7% by 2022.

Residential balanced ventilators market trends

The residential balanced ventilators product knowledge is increasing among consumers due to the rising penetration of internet and the adoption of effective marketing strategies. The rising awareness about the benefits of the home ventilation system in the developing markets of APAC, Latin America, and Eastern Europe is resulting in an increased sales volume of these ventilators. This is identified as one of the key trends that will stimulate growth in the residential balanced ventilators market. The demand for residential balanced ventilators will continue to increase with the rise in per-capita income of consumers and disposable income levels.

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Residential balanced ventilators market report: Companies covered

The residential balanced ventilators market is highly concentrated due to the presence of key companies. Market research experts provide information about the competitive scenario of the market along with the strategies adopted by vendors to sustain in this environment. The industry analysis report mentions the products and services offered by various companies in the residential balanced ventilation systems market.

According to our market research analysts, some of the key companies in the residential balanced ventilators market are:

• Blauberg Group
• Broan   
• Honeywell International              
• Panasonic Corporation  
• Soler & Palau Ventilation Group
• Systemair           

Residential balanced ventilators market growth by product

• ERV
• HRV

The energy recovery ventilator (ERV) product segment in the residential balanced ventilators market is witnessing growth because ERVs are extensively used in humid climates. The EVR segment is expected to contribute the majority of share toward the residential balanced ventilators market throughout the estimated period because unlike heat recovery ventilator (HRV), ERVs find use in multiple climatic conditions.

Residential balanced ventilators market segmentation by end-user

• Americas
• APAC
• EMEA

The APAC region accounted for the majority market share during 2017 because China contributes the majority of revenue toward the residential balanced ventilation systems market. It has been estimated that the market will continue to grow in the region for the next four years.  

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global residential balanced ventilators market?
• What are the key market trends impacting the growth of the global residential balanced ventilators market?
• What are the challenges to market growth?
• Who are the key vendors in the global residential balanced ventilators market?
• What are the market opportunities and threats faced by the vendors in the global residential balanced ventilators market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global residential balanced ventilators market?

Technavio also offers customization on reports based on specific client requirement.