The industrial cooling and ventilation equipment turnover in Sweden has seen significant changes over the years. The turnover stood at 3.98 Billion Euros in 2023, marking a 5% year-on-year growth. Over the last two years, from 2021 to 2023, the sector experienced a steady increase, reflecting the robust demand in the market. The five-year CAGR from 2018 to 2023 is 4.71%, indicating consistent growth in the industry.
Future trends suggest that this growth momentum will continue. The forecast indicates a CAGR of 3.23% from 2024 to 2028, leading to a projected turnover of 4.89 Billion Euros by 2028, which translates to a 17.21% increase over the next five years. Key trends to watch include technological advancements, increasing environmental regulations, and a rising emphasis on energy-efficient solutions.
