The European Steam and Air Conditioning Supply sector saw diverse performances across countries. France leads with the highest turnover in 2023, followed closely by Germany and Sweden. Notable growth was recorded in Portugal with a significant 7.21% increase, while Belgium faced a sharp decline of 34.69%. Denmark and Spain showed positive trends with growths of 3.08% and 3.12%, respectively. Other countries like Hungary and Lithuania experienced notable declines in turnover, down by 5.38% and 2.78%.
Looking forward, the industry may observe shifts in market dynamics, driven by advancements in energy-efficient technologies, regulatory changes promoting sustainable practices, and fluctuations in consumer demand for climate control solutions. Monitoring these trends will be crucial for stakeholders aiming to leverage growth opportunities and mitigate potential challenges in various European markets.
Top countries in Steam and Air Conditioning Supply Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 7,980 | 2023 | +0.7% | +1.67% | View data |
| 2 | 2 Germany | 6,140 | 2023 | +0.51% | +0.76% | View data |
| 3 | 3 Sweden | 5,100 | 2023 | +3.42% | +1.99% | View data |
| 4 | 4 Poland | 4,030 | 2023 | -0.54% | -2.13% | View data |
| 5 | 5 Denmark | 3,560 | 2023 | +5% | +3.08% | View data |
| 6 | 6 Czech Republic | 1,980 | 2023 | -0.84% | -0.97% | View data |
| 7 | 7 Italy | 1,350 | 2023 | -0.13% | +1.76% | View data |
| 8 | 8 Finland | 1,060 | 2023 | +1.86% | -3.15% | View data |
| 9 | 9 Slovakia | 932.6 | 2023 | +5.06% | -0.77% | View data |
| 10 | 10 Austria | 848.4 | 2023 | -1.83% | +1.15% | View data |
