Italy was considered to be Europe's largest heating, ventilation, and air conditioning (HAVC) market in 2018, although 2019 growth rates were highest in the United Kingdom. This based on various figures that look into HAVC across the continent. The source does not provide explanation, however, where the growth is exactly based on. One exception is Turkey - which saw its market size decrease by 25 percent in 2019 - as the country suffered from economic decline, a weaker Turkish lira, and higher energy prices.
Market size of heating, ventilation, and air conditioning (HVAC) in selected countries in Europe in 2018 and 2019
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Various sources (tab, KI). (January 2, 2020). Market size of heating, ventilation, and air conditioning (HVAC) in selected countries in Europe in 2018 and 2019 [Graph]. In Statista. Retrieved August 13, 2022, from https://www.statista.com/statistics/1192124/hvac-market-size-europe/
Various sources (tab, KI). "Market size of heating, ventilation, and air conditioning (HVAC) in selected countries in Europe in 2018 and 2019." Chart. January 2, 2020. Statista. Accessed August 13, 2022. https://www.statista.com/statistics/1192124/hvac-market-size-europe/
Various sources (tab, KI). (2020). Market size of heating, ventilation, and air conditioning (HVAC) in selected countries in Europe in 2018 and 2019. Statista. Statista Inc.. Accessed: August 13, 2022. https://www.statista.com/statistics/1192124/hvac-market-size-europe/
Various sources (tab, KI). "Market Size of Heating, Ventilation, and Air Conditioning (Hvac) in Selected Countries in Europe in 2018 and 2019." Statista, Statista Inc., 2 Jan 2020, https://www.statista.com/statistics/1192124/hvac-market-size-europe/
Various sources (tab, KI), Market size of heating, ventilation, and air conditioning (HVAC) in selected countries in Europe in 2018 and 2019 Statista, https://www.statista.com/statistics/1192124/hvac-market-size-europe/ (last visited August 13, 2022)