The European market for sold production of compressors for refrigeration equipment in 2024 projects Germany as the leader, amassing 807.24 million euros, followed by France with 424.1 million euros and Czechia at 375.31 million euros. Italy, Spain, Estonia, and Sweden follow with significantly lower values. Year-on-year trends from 2023 show Germany experiencing a 2.22% increase, France with 1.23% growth, while Italy saw a decline of 4.56%. Spain reported a robust increase of 5.68%, and Estonia and Sweden's markets remained stable with no growth.
Key future trends to watch for in the European market include:
• Germany maintaining its leadership with consistent growth.
• France and Spain potentially focusing on innovations to spur market expansions.
• Czechia's steady rise making it a market to watch.
• Italy's need to address declining trends to regain competitive stance.
• Emerging markets like Estonia and Sweden seeking strategies to break their growth stagnation.
Top countries in Sold Production of Compressors for Refrigeration Equipment by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 807,240,000 | 2023 | +6.2% | +2.22% | View data |
| 2 | 2 France | 424,100,000 | 2023 | +6.32% | +1.23% | View data |
| 3 | 3 Czechia | 375,310,000 | 2023 | |||
| 4 | 4 Italy | 155,280,000 | 2023 | +4.74% | -4.56% | View data |
| 5 | 5 Spain | 97,825,000 | 2023 | +9.45% | +5.68% | View data |
| 6 | 6 Estonia | 8,209,800 | 2023 | +32.78% | View data | |
| 7 | 7 Sweden | 2,300 | 2023 | +3.14% | View data |
