In 2023, the sold production of non-domestic cooling and ventilation equipment in the UK stood at approximately 2.095 billion euros. Projections demonstrate a consistent growth pattern with annual increases of around 0.4-0.5% from 2024 to 2028. The compound annual growth rate (CAGR) over this five-year period is modest, signaling steady but slow expansion in the sector.

Future trends to monitor include:

Integration of advanced technologies for energy efficiency and smart connectivity.
Increasing regulatory pressure towards sustainability and reduced carbon emissions.
Potential impacts of economic fluctuations and supply chain challenges, particularly post-Brexit.