The sold production of air conditioning machines with refrigeration units in France has experienced a downward trend from 2013 to 2023, with the value standing at 183.11 million Euros in 2023. Initially, there was a modest decline, but the reduction became more pronounced over time. Significant year-on-year drops, such as a 23.41% decrease in 2016, contributed to this trend. The last two years showed a decline of 5.26% in 2022 and 5.49% in 2023. Over the last five years, the average variation per year (CAGR) was -3.1%, indicating a consistent contraction.
Looking ahead to forecasted data, the decline is expected to continue, with a forecasted 5-year CAGR of -5.29%, leading to a projected value of 131.47 million Euros by 2028. This represents a decrease of 23.82% over the forecast period. It is essential to monitor several future trends:
- Technological advancements in air conditioning efficiency and alternative cooling technologies.
- Regulations impacting production standards and environmental considerations.
- Market dynamics such as changes in consumer demand due to climate policies or economic conditions.
- Competitive pressures from international markets and local manufacturers.
