The air conditioning machinery market in Italy experienced fluctuating growth from 2013 to 2023. From 2013 to 2014, there was a decline in production value, but starting from 2015, the sector saw steady growth, with a significant increase in 2019 and a moderate rise through 2023. By 2023, the market stood at 1389.7 million Euros, showing a year-on-year increase of 1.46% and a 5-year CAGR of 8.17% from 2018.

Future projections from 2024 to 2028 predict continued modest growth, with a forecasted 5-year CAGR of 1.07%, resulting in an estimated market value of 1486.5 million Euros by 2028. This suggests a stabilized yet slow-paced expansion in the coming years.

Future trends to watch for include:

Technological advancements and energy efficiency improvements in air conditioning machines
Increasing demand driven by climate change and rising temperatures
Regulatory changes and environmental standards impacting production and usage
Potential economic factors influencing consumer purchasing power and industrial investment