The production value of industrial cooling and ventilation equipment in Italy saw significant growth from 2013 to 2023, increasing from 6.0 billion euros to 9.28 billion euros. However, this growth has been subject to fluctuations, including a notable drop in 2020. Over the last two years, the industry experienced an average annual growth rate of around 2.26%, while the average annual growth over the past five years stood at 1.36%. The forecast suggests the production value will continue to grow steadily, reaching 10.25 billion euros by 2028, with an anticipated annual growth rate of approximately 1.58%.
Future trends to watch for:
- Advancements in energy-efficient technologies
- Regulatory changes and environmental compliance
- Increased demand from developing industrial sectors
- Impact of economic fluctuations and global supply chain disruptions
