Global Heat Recovery Ventilator Market Size & Outlook

The global heat recovery ventilator market size was estimated at USD 5,800.0 million in 2024 and is projected to reach USD 7,788.1 million by 2030, growing at a CAGR of 5.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$5,800.0
Forecast, 2030 (US$M)
$7,788.1
CAGR, 2025 - 2030
5.2%
Report Coverage
Worldwide

Global heat recovery ventilator market, 2018-2030 (US$M)

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Global heat recovery ventilator market highlights

  • The global heat recovery ventilator market generated a revenue of USD 5,800.0 million in 2024 and is expected to reach USD 7,788.1 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.2% by 2030.
  • In terms of segment, above 200 cfm accounted for a revenue of USD 2,452.8 million in 2024.
  • 100 to 150 CFM is the most lucrative ventilation rate segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 5,800.0 million
Market revenue in 2030USD 7,788.1 million
Growth rate5.2% (CAGR from 2025 to 2030)
Largest segmentAbove 200 cfm
Fastest growing segment100 to 150 CFM
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationUpto 100 CFM, 100 to 150 CFM, 150 to 200 CFM, Above 200 CFM

Other key industry trends

  • In terms of revenue, the North America accounted for 30.0% of the global heat recovery ventilator market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 1,254.7 million by 2030.

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Heat Recovery Ventilator Market Companies

Name Profile # Employees HQ Website
Broan-NuTone LLC View profile 1001-5000 Hartford, Connecticut, United States, North America http://www.Broan-NuTone.com
Ruskin View profile 251-500 Grandview, Missouri, United States, North America https://www.ruskin.com/
Reventon View profile 11-50 Melbourne, Victoria, Australia, Oceania https://www.reventon.com.au
ALDES North America View profile 101-250 Bradenton, Florida, United States, North America http://www.aldes-na.com/
Greenheck View profile 1001-5000 Schofield, Wisconsin, United States, North America http://www.greenheck.com
Nortek Air Solutions View profile 1001-5000 O Fallon, Missouri, United States, North America http://www.nortekair.com/
Lennox International Inc View profile 12600 2140 Lake Park Boulevard, Richardson, TX, United States, 75080 https://www.lennox.com
Carrier Global Corp Ordinary Shares View profile 53000 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 https://www.corporate.carrier.com
Daikin Industries Ltd View profile 107127 Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 http://www.daikin.com
Panasonic Holdings Corp View profile 230025 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 https://holdings.panasonic
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com
Fujitsu Ltd View profile 124055 Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 http://www.fujitsu.com

Global heat recovery ventilator market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heat recovery ventilator market will help companies and investors design strategic landscapes.


Above 200 cfm was the largest segment with a revenue share of 42.29% in 2024. Horizon Databook has segmented the Global heat recovery ventilator market based on upto 100 cfm, 100 to 150 cfm, 150 to 200 cfm, above 200 cfm covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Heat Recovery Ventilator Ventilation Rate Outlook (Revenue, USD Million, 2018-2030)
    • 100 to 150 CFM
    • 150 to 200 CFM
    • Upto 100 CFM
    • Above 200 CFM
  • Global Heat Recovery Ventilator Type Outlook (Revenue, USD Million, 2018-2030)
    • Horizontal
    • Vertical
  • Global Heat Recovery Ventilator Application Outlook (Revenue, USD Million, 2018-2030)
    • Commercial
    • Residential
    • Industrial
  • Global Heat Recovery Ventilator Deployment Outlook (Revenue, USD Million, 2018-2030)
    • New Installation
    • Replacement
  • Global Heat Recovery Ventilator Product Type Outlook (Revenue, USD Million, 2018-2030)
    • Wall Mounted
    • Celling Mounted
    • Cabinet
  • Global Heat Recovery Ventilator Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Retail Stores
    • Wholesale Stores
    • Online
    • Others

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Target buyers of Global heat recovery ventilator market databook

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Horizon Databook provides a detailed overview of global-level data and insights on the Global heat recovery ventilator market , including forecasts for subscribers. This global databook contains high-level insights into Global heat recovery ventilator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global heat recovery ventilator market size, by regions, 2018-2030 (US$M)

Top 10 countries: Heat recovery ventilator market size, 2024 (US$M)

Global heat recovery ventilator market share, by ventilation rate, 2024 & 2030 (%, US$M)

Heat recovery ventilator market: Opportunity assessment by country

Global heat recovery ventilator market, by region, 2024 (US$M)

Global heat recovery ventilator market size, by regions, 2018-2030 (US$M)

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