Year-on-Year Variation:
- 2025: 65.418 / 63.507 - 1 = 3.01%
- 2026: 67.29 / 65.418 - 1 = 2.86%
- 2027: 69.125 / 67.29 - 1 = 2.73%
- 2028: 70.923 / 69.125 - 1 = 2.60%
Compound Annual Growth Rate (CAGR):
CAGR from 2024 to 2028 = (70.923 / 63.507) ^ (1/4) - 1 ≈ 2.82%
Future Trends to Watch:
Given the CAGR of 2.82%, the import of thermostats to Turkey shows a steady growth trend. Factors influencing future growth include technological advancements, increasing adoption of smart home technologies, and economic developments within Turkey. Monitoring regulatory policies and market demand fluctuations will be crucial for more accurate future forecasts.
