The non-domestic cooling and ventilation equipment manufacturing market in Germany is expected to experience steady growth from 2024 to 2028. In 2023, the market size was approximately 57.5 million. Forecasts indicate a continuous increase, reaching 64.416 million by 2028. The year-on-year growth shows modest increases of about 2-2.2%, with a 5-year CAGR of 2.3%. This demonstrates a healthy trend in the industry, driven by technological advancements and increased demand for energy-efficient solutions.
Future trends to watch for include:
- Adoption of smart technologies and IoT in equipment.
- Regulatory changes pushing sustainability and energy efficiency.
- Growing demand from commercial and industrial sectors.
- Impact of supply chain disruptions and raw material costs.
