From 2013 to 2023, the Steam and Air Conditioning Supply turnover in France saw fluctuations, with turnover standing at €7.98 billion in 2023. The sector experienced varying year-on-year growth rates, notable with significant drops in 2014 and 2020, but substantial increases in 2018, 2019, and 2021. The CAGR from 2018 to 2023 stands at a moderate 1.67%, signaling gradual recovery post-2020 disruptions.

From 2024 onwards, projections indicate steady growth, with turnover expected to reach €8.27 billion by 2028 and a forecasted 5-year CAGR of 0.56%. This suggests a period of stable but slow growth, reflecting market stabilization post-pandemic impacts and increasing technology adoption in HVAC systems.

Future trends to watch for:

Technological advancements and efficiency improvements in HVAC systems.
Increasing demand for eco-friendly and energy-efficient solutions driven by regulatory policies.
Potential disruptions or growth due to emerging smart home technologies and IoT integration.