In 2023, the steam and air conditioning supply sector in Denmark had a turnover of 3.57 billion Euros. The forecasted turnover for the subsequent years is as follows:
- 2024: 3.62 billion Euros (1.40% YoY increase)
- 2025: 3.68 billion Euros (1.66% YoY increase)
- 2026: 3.73 billion Euros (1.36% YoY increase)
- 2027: 3.79 billion Euros (1.61% YoY increase)
- 2028: 3.85 billion Euros (1.58% YoY increase)
The compound annual growth rate (CAGR) over the next five years from 2024 to 2028 is projected to be approximately 1.52% per year.
Future trends to watch for include the adoption of sustainable and energy-efficient technologies, regulatory changes influencing the sector, and potential economic fluctuations impacting industrial demand. Furthermore, technological advancements in smart HVAC systems and the increasing emphasis on reducing carbon footprints could drive innovation and growth within the industry.
