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Eurovent EMEA HVAC&R Market Report in 2015/2016
2016/11/27
Eurovent Market Intelligence (EMI), the European Statistics Office for the HVAC&R market, has just published the results of its studies on 2015 sales in the Europe, Middle East and Africa (EMEA) region, based on the data collected from a large number of industry manufacturers.
 
Chillers
 
The market for chilled water production (whether cold, hot or reversible) exceeded 2.2 billion

Euro

(US$ 2.39 billion) in Europe in 2015, of which 352 million

Euro

(US$ 283 million) in Germany, 312 million

Euro

(US$ 339 million) in France, 257 million

Euro

(US$ 279 million) in Italy, 154 million

Euro

(US$ 167 million) in the United Kingdom, and 130 million

Euro

(US$ 141 million) in Turkey. Overall, we saw a 5% increase in the European Union in comparison to last year, of which 16% in Eastern Europe, 15% in Italy and 14% in Spain. Sharp drops were observed in Ireland and the United Kingdom with a 12% decrease, as well as France and Germany with a 3% drop respectively. Outside of the European Union, the biggest drops were unsurprisingly observed in Russia and Ukraine, with almost 40% decreases, as well as Algeria with a 15% drop. Strong growth was observed in Turkey (a 23% increase) and the Middle East: Qatar, Saudi Arabia and the United Arab Emirates all increased by over 30%. India remained up with an increase of 15% in 2015.
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