The sold production of parts for air conditioning machines in Italy has shown considerable variability over recent years. Starting at 123.73 million euros in 2013, it fluctuated before rising to 196.41 million euros in 2023. The period from 2013 to 2018 saw significant growth with a notable peak in 2018 followed by some dips and recoveries. The value stood at 196.41 million euros in 2023, marking a year-on-year increase of 2.55% from 2022. Over the last two years (2021-2023), the market experienced positive growth, and the 5-year CAGR leading up to 2023 was recorded at 0.61%.
The forecast for the next five years suggests moderate growth with a forecasted 5-year CAGR of 1.81%, translating into a collective growth rate of 9.36% from 2024 to 2028, projecting a value of 220.07 million euros by 2028.
Future trends to watch for include technological advancements in air conditioning systems, increased regulation on energy efficiency, and potential impacts of climate change on demand levels. Market players should also monitor economic fluctuations and developments in related industries for potential indirect effects.
