Energy recovery ventilation systems will reach nearly $3 billion in annual revenue by 2020, forecasts navigant research

BOULDER, Colo.…(BUSINESS WIRE)…An energy recovery ventilator (ERV) is a type of heating, ventilation, and air conditioning (HVAC) equipment that uses the energy associated with the thermally conditioned air being exhausted from a building to precondition the incoming air.

ERVs, which offer many advantages for both improved indoor air quality (IAQ) and reduced energy consumption, are one of the fastest-growing segments of improved IAQ management in buildings. According to a recent report from Navigant Research, worldwide revenue from ERVs will grow from $1.6 billion in 2014 to $2.8 billion in 2020.

Read more