The sold production of parts for air conditioning machines in France has shown substantial fluctuations over the past decade. Starting from a value of 19.979 million Euros in 2013, the market saw both sharp declines and significant increases, peaking dramatically in 2023 at 71.153 million Euros. The year-on-year variation is indicative of market volatility, with the industry experiencing a monumental drop in 2018 and a rebound the following year. Between 2019 and 2023, the sector witnessed high growth rates, most notably an 80.47% increase in 2020 and a consistent rise leading up to 2023, resulting in a notable 62.88% average annual growth rate over the last five years.
Looking forward, the forecasted data from 2024 to 2028 suggests a stabilizing trend with a moderate average annual growth rate of 3.12%. This forecast indicates a more predictable and steady market environment, characterized by sustained growth albeit at a more controlled pace. Key future trends to monitor will include technological advancements, regulatory changes, and sustainability initiatives, which could further shape the market dynamics for air conditioning parts production in France.
