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European air conditioning market totalled 2.5 million units in 2010. The European central air conditioning systems market was worth approximately $5.14 billion in 2010. The 2010 European central air conditioning systems market was dominated by France, Germany and Italy
The European central air conditioning systems market was worth approximately $5.14 billion in 2010, equivalent to 2.52 million units, according to a recently released report on companiesandmarkets.com. Research indicates that growth to 2015 in value terms will be maintained, although number of units shipped will be subject to a very low rate of growth.
Central Air Conditioning Systems - A European Market Overview
The European central air conditioning market went through a challenging period during the recession; as it relies heavily on the success of the construction industry, but several countries showed signs of recovery and growth during 2010, namely Czech Republic, Spain, Turkey and the UK.
The 2010 European central air conditioning systems market was dominated by France, Germany and Italy, which held nearly 50% of the market between them in value terms. Individually, it is the Italian market which represents the largest manufacturing share, at $1.1 billion (2010), and forecast to grow at a rate of 6.7% p/a, to achieve $1.8 billion in 2015. The fastest growing markets are the emerging regions of the Czech Republic and Turkey, which expect to enjoy rapid, double-digit growth over the 2006-2015 period, encroaching on the more developed regions' market share.
The report entitled Central Air Conditioning Systems - A European Market Overview references business and market trends within the air conditioning industry, and examines the competitive landscape, production plant locations and capacities; new developments; regulations/legislation; merger/acquisition activity; new technologies, and innovations. The report also provides historic and forecast data for 2006-2015, split by country. More detailed analysis is included for France, Germany, Italy, Turkey, Spain and the UK.
The 337 page European central air conditioning research report includes profiles of over 80 industry participants, such as York; Aermec; CIAT Group; Flakt Woods; Trane; Airwell Group; Carrier; Daikin Europe (McQuay); Climaveneta; GEA Group and Lennox Europe.
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