The production in the steam and air conditioning supply sector in Italy has experienced a declining trend since 2013, which stood at 2.2 billion euros. As of 2023, the value is at 1.25 billion euros, reflecting a significant decrease over the years. The year-on-year variation has mostly been negative, except for a few years, such as 2017 and 2019. The average variation per year over the last five years (CAGR) is -1.2%. Forecasts predict a continued, albeit slower, decline with a 5-year CAGR of -0.66% until 2028.
Future trends to watch for include technological advancements in energy efficiency that may revive demand, regulatory changes promoting sustainability, and potential impacts from global economic fluctuations. Monitoring these factors could provide early indicators of shifts in production trends within this sector.
