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Global Heat Recovery Wheels Industry to Mark USD 355.5 Mn by 2028

Heat Recovery Wheels is a type of energy recovery heat exchanger positioned within the supply and exhaust air streams of an air-handling system or in the exhaust gases of an industrial process, in order to recover the heat energy. Other variants include enthalpy wheels and desiccant wheels. A cooling-specific thermal wheel is sometimes referred to as a Kyoto wheel.

Due to the COVID-19 pandemic, the global Heat Recovery Wheels market size is estimated to be worth US$ 277.7 million in 2022 and is forecast to a readjusted size of US$ 355.5 million by 2028 with a CAGR of 4.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Condensation Rotors accounting for % of the Heat Recovery Wheels global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.

The Heat Recovery Wheels industry has a high market concentration. Pahwa Group (Bry-Air and DRI), Klingenburg and Ostberg are the world’s leading companies. These three participants accounted for approximately 33% of the market.

In this study, the sales market of Heat Recovery Wheels is divided into five geographic regions. The Asia-Pacific region will occupy the largest sales market share, reaching 40%. Followed by Europe and North America.

From the perspective of product types, the Sorption Rotors segment will occupy the largest consumer market share and it is expected that this segment will account for 46%.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Condensation Rotors
  • Hygroscopic Rotors
  • Sorption Rotors

Segment by Application

  • Residential
  • Commercial
  • Industrial

By Company

  • Pahwa Group(Bry-Air And Dri)
  • Ostberg
  • Hoval Group
  • Klingenburg
  • Eri Corporation
  • Greenheck
  • Flaktgroup Semco
  • Novelaire
  • Heatex
  • Seibu Giken
  • Airxchange

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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