In 2023, Germany led the European market in the steam and air conditioning supply sector with a significant share of enterprises. However, variations over the past year show mixed trends across countries. Germany saw a notable increase of 3.12%. Conversely, countries like Austria and Poland experienced declines of 0.51% and 2.62% respectively. Noteworthy growth was observed in Norway at 3.96% and Switzerland at 5.39%, signaling vibrant enterprise activities. Among the declining nations, Bulgaria faced the largest drop at 6.79%. Despite varied year-on-year shifts, the overall sector exhibits modest growth across Northern and Central Europe.
Looking ahead, the European market is poised for potential growth driven by technological advancements and sustainability initiatives. Future trends indicate possible expansions in technologically innovative countries and those investing in green technologies. Monitoring enterprise adaptability to regulatory changes and digital transformations will be crucial in shaping market dynamics.
Top countries in Steam and Air Conditioning Supply Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25 | 2023 | +5.09% | +3.12% | View data |
| 2 | 2 Austria | 14.16 | 2023 | -0.43% | -0.51% | View data |
| 3 | 3 Poland | 8.98 | 2023 | 0% | -2.62% | View data |
| 4 | 4 Finland | 6.26 | 2023 | +0.25% | +0.6% | View data |
| 5 | 5 Denmark | 6.06 | 2023 | 0% | +0.31% | View data |
| 6 | 6 Czech Republic | 5.49 | 2023 | -0.56% | -2.19% | View data |
| 7 | 7 Greece | 3.85 | 2023 | 0% | +0.49% | View data |
| 8 | 8 Spain | 3.5 | 2023 | +0.44% | +1.76% | View data |
| 9 | 9 Slovakia | 2.73 | 2023 | +4.71% | -0.22% | View data |
| 10 | 10 Norway | 2.61 | 2023 | +1.8% | +3.96% | View data |
