In 2023, the sold production of parts for air conditioning machines in Germany was valued at X Million Euros. For the coming years, forecasts indicate a gradual decrease in production value: 521.67 million euros in 2024, 512.14 million euros in 2025, 502.7 million euros in 2026, 493.36 million euros in 2027, and 484.11 million euros in 2028. Year-on-year variations show a consistent decline, with a slight reduction trend annually. Specifically:
• 2024 to 2025: -1.83%
• 2025 to 2026: -1.84%
• 2026 to 2027: -1.85%
• 2027 to 2028: -1.88%
Over the five-year period from 2024 to 2028, the compounded annual growth rate (CAGR) is approximately -1.93%, reflecting an average annual decline in production value. Future trends to watch for include advancements in energy-efficient technologies, potential government regulations aimed at reducing carbon emissions, and fluctuating demand influenced by climate change impacts and economic conditions. These factors can further influence production shifts and market dynamics in this sector.
