In 2023, Germany led the European industrial cooling and ventilation equipment sector with a 17.24% share of enterprises, followed by Italy and Poland. Significant growth was observed in Slovakia and Belgium, with enterprise numbers rising by 5.68% and 3.26% respectively. However, countries like Italy, France, and the Czech Republic experienced notable declines. The five-year trend suggests stable dominance of key markets such as Germany, with some smaller markets gaining traction. Overall, the industry is experiencing slow but shifting dynamics in enterprise distribution across Europe.
Future trends to watch include further consolidation in leading markets and the rise of Eastern European countries as they expand their industrial capabilities. Sustainability and technological advancements will likely drive changes in enterprise numbers, with emerging markets potentially reshaping the landscape in coming years.
Top countries in Industrial Cooling and Ventilation Equipment Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.24 | 2023 | +0.072% | +0.49% | View data |
| 2 | 2 Italy | 12.35 | 2023 | 0% | -1.7% | View data |
| 3 | 3 Poland | 10.57 | 2023 | +2.62% | +2.53% | View data |
| 4 | 4 United Kingdom | 8.98 | 2023 | -1.75% | -1.81% | View data |
| 5 | 5 France | 6.82 | 2023 | -0.72% | -2.6% | View data |
| 6 | 6 Czech Republic | 6.79 | 2023 | -3.99% | -4.47% | View data |
| 7 | 7 Spain | 4.15 | 2023 | 0% | 0% | View data |
| 8 | 8 Denmark | 3.95 | 2023 | +1.26% | +0.76% | View data |
| 9 | 9 Netherlands | 3.56 | 2023 | 0% | +0.63% | View data |
| 10 | 10 Slovakia | 3.51 | 2023 | +0.7% | +5.68% | View data |
