The UK market for Air Conditioning Machines without a Refrigeration Unit saw fluctuations between 2013 and 2023. The market grew steadily from 2013 to 2016, peaking in 2016, before experiencing a sharp decline from 2017 onwards, hitting a low in 2020. Since 2021, there has been a modest recovery, but the market size in 2023 remains significantly lower than its 2016 peak, at 162.06 million Euros. Year-on-year variation over the last two years shows a negative trend, and the CAGR over the last five years indicates a decline of 2.36% per year.
Future trends to watch for:
- Advancements in energy-efficient technology potentially driving demand.
- Impact of environmental regulations and policies.
- Post-pandemic recovery patterns affecting market dynamics.
How does the United Kingdom rank in Air Conditioning Machines without a Refrigeration Unit Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 695,690,000 | 2023 | +2.18% | +0.28% | View data |
| 2 | 2 Sweden | 202,900,000 | 2023 | +3.86% | -0.91% | View data |
| 3 | 3 United Kingdom | 162,060,000 | 2023 | -2.39% | -2.36% | |
| 4 | 4 France | 149,820,000 | 2023 | -1.92% | +1.69% | View data |
| 5 | 5 Poland | 102,850,000 | 2023 | +1.52% | -0.95% | View data |
