In 2023, the sold production of air conditioning machines without a refrigeration unit in Germany stood at 73.40 thousand items. Forecast data from 2024 to 2028 indicates a steady decline, with a year-on-year reduction of approximately 2.5% to 2.7%. Specifically, production is expected to decrease from 71.54 thousand items in 2024 to 64.57 thousand items by 2028. The compound annual growth rate (CAGR) over the five-year forecast period is around -2.6%, indicating a continuous downtrend in this segment.
Future trends to watch for:
- Shifts in focus towards energy-efficient and eco-friendly HVAC technologies could impact demand.
- Regulatory changes and environmental policies might influence production processes.
- Technological advancements and innovation in the air conditioning sector could reshape market dynamics.