The European industrial cooling and ventilation equipment market exhibited varying performances across countries in 2023. The United Kingdom led with a turnover of €28.2 million, showing a significant YoY growth of 4.8%. Germany followed with €23.59 million and a moderate growth of 1.65%. Italy and France also held substantial shares at €11.43 million and €9.58 million, respectively, but with lower growth rates. Notable performers included Denmark and Slovakia with YoY increases of 8.48% and 7.8%, respectively. Conversely, countries like Spain, Norway, Iceland, and Estonia saw declines, indicating market challenges in those regions.
Future trends to watch include the potential impact of green energy policies on the industrial cooling and ventilation sector, advancements in smart cooling technologies, and the growing emphasis on energy efficiency, which could drive demand in both established and emerging markets.
Top countries in Industrial Cooling and Ventilation Equipment Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 28.2 | 2023 | +4.8% | +4.8% | View data |
| 2 | 2 Germany | 23.59 | 2023 | +2.03% | +1.65% | View data |
| 3 | 3 Italy | 11.43 | 2023 | +2.07% | +1.01% | View data |
| 4 | 4 France | 9.58 | 2023 | +7.06% | +0.42% | View data |
| 5 | 5 Sweden | 4.91 | 2023 | +5% | +4.71% | View data |
| 6 | 6 Belgium | 3.77 | 2023 | +1.63% | +2.43% | View data |
| 7 | 7 Czech Republic | 3.56 | 2023 | +4.02% | +2.19% | View data |
| 8 | 8 Spain | 3.01 | 2023 | +3.6% | -0.24% | View data |
| 9 | 9 Denmark | 2.61 | 2023 | +6.71% | +8.48% | View data |
| 10 | 10 Austria | 2.47 | 2023 | +3.13% | +4.3% | View data |
