The production of non-domestic cooling and ventilation equipment in Italy is forecasted to decline from 15.972 million units in 2024 to 14.695 million units in 2028. In 2023, the actual production stood at 16.3 million units. This indicates a consistent year-on-year decrease of 2% from 2024 through 2028. The compound annual growth rate (CAGR) over the forecasted period from 2024-2028 is approximately -2.1%, signifying a steady downward trend.
Future trends to watch for:
- Technological advancements and innovations in energy-efficient cooling and ventilation systems.
- Shifts in regulatory standards and environmental policies impacting production and market demand.
- Potential impacts of economic conditions and global supply chain dynamics on production capabilities.
- Evolving customer preferences towards sustainable and smart industrial solutions.
