The Latin America Energy Recovery Ventilator Market was worth USD 0.21 billion in 2021 and is projected to grow at a CAGR of 9.71%, to reach USD 0.34 billion by 2027, between 2022-2027.
The energy recovery process of exchanging the energy in a typically exhausted building and using it to treat the incoming airflow in residential and commercial HVAC structures is known as energy recovery ventilation. The device humidifies and pre-heats in cooler and pre-cools and dehumidifies in warmer months. This method can be used to meet ASHRAE airflow and power requirements while also enhancing indoor air quality and reducing the overall HVAC system capacity.
The increased adoption of electricity-healing ventilators across sectors is resulting in the market's dominance in the commercial zone. This is due to the growing awareness regarding workplace conditions and employee welfare. The demand for energy-healing ventilators from the commercial sector has been rising quickly in terms of quantity. However, the high price tag attached to these ventilators could provide a challenge to the market's expansion throughout the projection period.
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The report is segmented as follows:
The Latin America Energy Recovery Ventilator Market is segmented by Technology Type; the Market is segmented by Application:
By Technology Type (Plate Heat Exchanger, Heat Pipe Heat Exchanger, Rotary Heat Exchanger, Run-Around Coil)
By Application (Commercial, Residential)
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Market Regional Segmentation:
The Latin America Energy Recovery Ventilator Market is divided into Brazil, Argentina, Mexico, Chile and Columbia on the basis of region.
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