In 2023, Germany led European production of air conditioning machines for motor vehicles with 672.23 million euros, followed by France and Spain with 458.54 and 406.7 million euros, respectively. Portugal and Italy showed noteworthy growth rates of 7.48% and 14.52%, while the UK experienced a decline of 4.67%. Estonia saw a dramatic rise, albeit from a low base, with a 91.91% increase. Stagnation occurred in Denmark and Finland, showing no growth.
Looking forward, increased demand for electric vehicles and stricter environmental regulations are expected to drive innovation, impacting production rates and geographic distribution of manufacturing capabilities. Watch for Germany and France to maintain leadership, while growth opportunities might emerge in Italy and Portugal.
Top countries in Sold Production of Air Conditioning Machines of a Kind Used in Motor Vehicles by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 672,230,000 | 2023 | +6.33% | +0.83% | View data |
| 2 | 2 France | 458,540,000 | 2023 | +3.62% | +7.16% | View data |
| 3 | 3 Spain | 406,700,000 | 2023 | +4.58% | +2.67% | View data |
| 4 | 4 Portugal | 166,110,000 | 2023 | +5.62% | +7.48% | View data |
| 5 | 5 Italy | 67,841,000 | 2023 | +3.35% | +14.52% | View data |
| 6 | 6 United Kingdom | 52,977,000 | 2023 | -2.26% | -4.67% | View data |
| 7 | 7 Estonia | 501,610 | 2023 | +7.36% | +91.91% | View data |
| 8 | 8 Denmark | 170,000 | 2023 | +4.1% | View data | |
| 9 | 9 Finland | 4,980 | 2023 | 0% | View data |
