The market size for parts of air or vacuum pumps, air or gas compressors, fans, and hoods in Greece reached 22.404 million Euros in 2023. Over the past decade, the market experienced growth initially, peaking in 2018 with a value of 27.584 million Euros. However, a decline set in from 2019 onwards, with year-on-year decreases observed. From 2019-2023, the market contracted with a negative CAGR of -4.07%, indicating consistent downward pressure. In recent years, the descending trend becomes more pronounced, with annual reductions of over 3% from 2020 to 2023.
Future trends to watch include advancements in energy-efficient technologies and potential fluctuations in demand based on industrial activity recovery. Sustainability practices and regulatory changes in manufacturing and environmental standards may also significantly impact market dynamics and growth opportunities.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 804,350,000 | 2023 | +6.38% | +5.26% | View data |
| 2 | 2 Poland | 364,780,000 | 2023 | +2.99% | +0.039% | View data |
| 3 | 3 Romania | 349,050,000 | 2023 | -2.42% | -3.55% | View data |
| 4 | 4 Czech Republic | 233,430,000 | 2023 | +5.34% | +6.67% | View data |
| 5 | 5 Sweden | 125,230,000 | 2023 | -2.74% | -1.16% | View data |
| 6 | 6 Greece | 22,404,000 | 2023 | -3.6% | -4.07% |
