Between 2013 and 2023, the Romanian market for parts of air or vacuum pumps, of air or gas compressors, of fans, and of hoods experienced fluctuating trends, highlighted by an initial growth and a subsequent period of decline and volatility. By 2023, the market size reached 349.05 million Euros. Despite some recovery in 2018 and 2021, the last five-year period showed a negative average annual growth rate (CAGR) of -3.55%, with successive declines in 2022 and 2023 decreasing by 8.91% and 2.42% respectively.
Future trends to watch for include advancements in energy-efficient technologies, stricter environmental regulations, and potential growth in industrial activities that might demand enhanced compressor and vacuum technologies. Additionally, economic recovery in Romania and neighboring countries could offer growth opportunities in this sector.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 804,350,000 | 2023 | +6.38% | +5.26% | View data |
| 2 | 2 Poland | 364,780,000 | 2023 | +2.99% | +0.039% | View data |
| 3 | 3 Romania | 349,050,000 | 2023 | -2.42% | -3.55% | |
| 4 | 4 Czech Republic | 233,430,000 | 2023 | +5.34% | +6.67% | View data |
| 5 | 5 Sweden | 125,230,000 | 2023 | -2.74% | -1.16% | View data |
