In 2023, Germany dominated the European market for air conditioning machines without a refrigeration unit, holding a significant share, despite a modest growth of 0.69%. Italy and Sweden showed robust growth, both exceeding 3%, with Italy at 3.25% and Sweden at 4.25%. Denmark marked the highest year-on-year increase at 5.7%, while the United Kingdom’s growth remained lethargic at 0.45%. Lithuania and the Netherlands also displayed notable increases, with Lithuania at 5.22% and the Netherlands showing a substantial 9.05% rise. On the contrary, Finland and Iceland experienced declines, with Iceland suffering a severe plunge of -44.28% due to its small market size.
Future trends to watch in this sector include potential rapid advancements in eco-friendly and energy-efficient air conditioning technologies. Countries with strong manufacturing bases and innovative capacities, like Germany and Italy, may see further growth. Market dynamics may also shift with rising European regulations on energy consumption and climate control technology implementations, encouraging investments and developments within this industry.
Top countries in Sold Production of Air Conditioning Machines without a Refrigeration Unit Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.04 | 2023 | +2.56% | +0.69% | View data |
| 2 | 2 Italy | 20.03 | 2023 | +2.72% | +3.25% | View data |
| 3 | 3 Sweden | 12.42 | 2023 | +2.7% | +4.25% | View data |
| 4 | 4 Denmark | 6.74 | 2023 | +2.49% | +5.7% | View data |
| 5 | 5 United Kingdom | 6.71 | 2023 | +1.79% | +0.45% | View data |
| 6 | 6 Lithuania | 5.4 | 2023 | +5.02% | +5.22% | View data |
| 7 | 7 Poland | 3.92 | 2023 | +2.7% | +0.97% | View data |
| 8 | 8 Austria | 2.99 | 2023 | +3.52% | +0.14% | View data |
| 9 | 9 Czechia | 2.44 | 2023 | |||
| 10 | 10 Finland | 2.03 | 2023 | +4.71% | -5.38% | View data |