The Swedish market for air conditioning machines without refrigeration units exhibited significant fluctuations from 2013 to 2023. Peaking in 2016, the market then experienced a decline until 2020, followed by subtle growth. As of 2023, the market size was valued at 202.9 million euros. Notably, the annual growth rate recorded a modest increase of 3.86% in 2023. Over the last five years, the compound annual growth rate showed a minor decline at -0.91%, indicating a relatively stable yet slightly contracting market.
Future trends to watch include technological advancements, growing energy efficiency standards, and increasing demand for sustainable cooling solutions. These factors are likely to influence market dynamics in Sweden.
How does Sweden rank in Air Conditioning Machines without a Refrigeration Unit Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 695,690,000 | 2023 | +2.18% | +0.28% | View data |
| 2 | 2 Sweden | 202,900,000 | 2023 | +3.86% | -0.91% | |
| 3 | 3 United Kingdom | 162,060,000 | 2023 | -2.39% | -2.36% | View data |
| 4 | 4 France | 149,820,000 | 2023 | -1.92% | +1.69% | View data |
| 5 | 5 Poland | 102,850,000 | 2023 | +1.52% | -0.95% | View data |
