The Steam and Air Conditioning Supply turnover in Germany is forecasted to grow steadily from 6.17 billion Euros in 2024 to 6.29 billion Euros by 2028. The year-on-year percentage variations are small but consistent, indicating a stable market with incremental annual growth. In 2023, the turnover stood at 6.14 billion Euros.
Year-on-year variations:- From 2024 to 2025: +0.49%- From 2025 to 2026: +0.48%- From 2026 to 2027: +0.48%- From 2027 to 2028: +0.48%
The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately +0.48% per year. This sustained growth highlights stability and slight upward momentum in the steam and air conditioning market.
Future trends to watch for:- Technological advancements in HVAC systems- Regulatory changes promoting energy efficiency- Increasing demand for eco-friendly and sustainable air conditioning solutions- Potential impacts of economic and environmental policies on the sector
