UK Mechanical Ventilation Heat Recovery (MVHR) Market Size By Type (Heat Pipe Heat Exchanger, Plate Heat Exchanger), By Application (Commercial, Residential), And Forecast
Published on: 2024-08-02 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
UK Mechanical Ventilation Heat Recovery (MVHR) Market Size By Type (Heat Pipe Heat Exchanger, Plate Heat Exchanger), By Application (Commercial, Residential), And Forecast
UK Mechanical Ventilation Heat Recovery (MVHR) Market Size And Forecast
UK Mechanical Ventilation Heat Recovery (MVHR) Market size was valued at USD 106.69 Million in 2022 and is projected to reach USD 235.34 Million by 2030, growing at a CAGR of 10.73% from 2024 to 2030.
The UK government offers incentives and subsidies to homeowners who install MVHR systems, which has also contributed to the growth of MVHR. The impact of the recovering UK economy on the domestic housebuilding and non-domestic construction sectors is driving market growth. The UK Mechanical Ventilation Heat Recovery (MVHR) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
UK Mechanical Ventilation Heat Recovery (MVHR) Market Definition
MVHR (mechanical ventilation heat recovery) is a ventilation system that uses two different temperature sources. MVHR is used to reduce the rising demand for heating and cooling in buildings while also providing necessary ventilation and incorporating heat exchange to provide a highly energy-efficient solution. Mechanical Ventilation Heat Recovery (MVHR) is a whole-house ventilation system that replaces stale air in the home with clean air. It keeps the property smelling fresh by reducing condensation. More people are choosing to install MVHR systems in their homes and commercial buildings as a result of increased awareness and education about the benefits of MVHR.
UK Mechanical Ventilation Heat Recovery (MVHR) Market Overview
The UK Mechanical Ventilation Heat Recovery (MVHR) Market is expanding as a result of increased awareness and education about the benefits of MVHR, as well as the adoption of MVHR systems to meet building regulations’ minimum energy efficiency standards. The UK government also offers incentives and subsidies to those who install MVHR systems, which has boosted the MVHR Market’s growth.
In the UK, the main markets for MVHR are commercial and residential buildings, with MVHR systems used in office buildings, hotels, hospitals, and homes to improve indoor air quality and reduce energy costs associated with heating and cooling. As the emphasis on energy efficiency and indoor air quality grows, so will the demand for MVHR systems in the UK. Furthermore, with the ongoing trend of retrofitting older buildings to improve energy efficiency, the MVHR Market is expected to grow further in the coming years.
UK Mechanical Ventilation Heat Recovery (MVHR) MarketSegmentation Analysis
The UK Mechanical Ventilation Heat Recovery (MVHR) Market is segmented on the basis of Type and Application.
UK Mechanical Ventilation Heat Recovery (MVHR) Market, By Type
- Heat Pipe Heat Exchanger
- Plate Heat Exchanger
- Rotary Heat Exchanger
- Run-Around Coil
- Others
Based on Type, the market is segmented into Heat Pipe Heat Exchanger, Plate Heat Exchanger, Rotary Heat Exchanger, Run-Around Coil, and Others. Heat pipe heat exchangers are extremely efficient and have the potential to significantly reduce energy consumption in heating and cooling systems. Heat pipe heat exchangers are a cost-effective solution for transferring heat in many applications. The growing demand for energy efficiency and sustainability, as well as the need for more compact and reliable heating and cooling systems, are likely driving growth for products in the UK Mechanical Ventilation Heat Recovery (MVHR) Market.
UK Mechanical Ventilation Heat Recovery (MVHR) Market, By Application
- Commercial
- Residential
- Others
Based on Application, the market is segmented into Commercial, Residential, and Others. Mechanical Ventilation Heat Recovery (MVHR) is used in both commercial and residential buildings to improve indoor air quality and energy efficiency. In commercial buildings, MVHR is often used in office buildings, hotels, and hospitals to provide fresh air and maintain a comfortable indoor environment while reducing heating and cooling costs. The MVHR system works by exchanging heat between incoming and outgoing air streams, which helps to preheat or pre-cool the incoming air, reducing the energy required for heating or cooling.
Key Players
The “UK Mechanical Ventilation Heat Recovery (MVHR) Market” study report will provide valuable insight with an emphasis on the UK market including some of the major players such as Vent Axia, Airflow Adroit, Domus, Nuaire, Eco Installer.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in UK Mechanical Ventilation Heat Recovery (MVHR) Market gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
Report Attributes | Details |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2023-2030 |
Historical Period | 2018-2020 |
Unit | Value (USD Million) |
Key Companies Profiled | Vent Axia, Airflow Adroit, Domus, Nuaire, Eco Installer. |
Segments Covered |
|
Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.