Select your language

Spanish HVAC market grew 21.3% in 2023: AFEC

Mercado HVAC español creció 21,3% en 2023: AFEC

Spain. The Association of Air Conditioning Equipment Manufacturers (AFEC) of Spain presented its annual report on the market and sectoral situation of the HVAC and heat pump industry for the year 2023.

In its most recent edition, the results show a growth in total market value of 21.3%.

In the case of air conditioning equipment, heat pumps and domestic hot water production, the turnover was 23.3% compared to the previous year. In the residential and domestic sector, 1.275.428 units were sold, worth € 921,54 million.

The evolution of sales of aerothermal heat pumps (air-to-water, including those for domestic hot water production) continues to be positive. In 2023, air-to-water equipment has gone from representing 20% in value in 2022 to having a weight of 18.3% of the total invoiced with respect to the total market for air conditioning equipment, heat pumps and DHW production.

- Publicidad -

Although it has increased in value, it has done so to a lesser extent than air-to-air equipment, so the percentage of the overall figure is somewhat lower.

Overall, the number of heat pumps (mainly used in heating mode) sold by manufacturers to the channel in 2023 increased by 14.2%. The evolution of sales of multi-task heat pumps (air-to-water, including those for domestic hot water production) was very positive during the first half of the year, and its evolution slowed down in the second, closing 2023 with a positive growth of 7.5% in value.

Although this growth is more attenuated than the comparison between 2022 and 2021, the rise of this technology as a sustainable, renewable and combined system for heating, cooling and domestic hot water production is still evident.

Ventilation figures showed a 20.5% increase in value in the residential sector, but a significant slowdown has been evidenced in the industrial and tertiary sectors.

What's Coming This Year
According to AFEC, the analysis of the possible scenarios that will accompany the sector in 2024 offered a vision that poses many opportunities, but also uncertainties.

Some concerns relate to a less favourable economic environment, the frequent neglect of the need for ventilation of occupied spaces when building renovations are carried out, the possibility that European green objectives are unrealistic, the timing mismatch of regulatory requirements and the stress it can cause when it comes to investment decisions.

Another concern is the delay in the approval process of the Heat Pump Action Plan, which the European Commission had assured would be done in early 2024, and which will have to wait for the European Parliament elections to pass this coming June.

- Publicidad -

It is also mentioned that there is the possibility of a loss of pace in the Spanish economy, whose competitiveness could be affected by a higher tax burden and a slowdown in international economic growth.


No comments

• If you're already registered, please log in first. Your email will not be published.

Leave your comment

In reply to Some User
KNX Latin America Building Automation Days: a key event to boost your business in automation and home automation

KNX Latin America Building Automation Days: a key event to boost your business in automation and home automation

Chile. On May 15, Santiago de Chile will be the meeting point for automation and intelligent technology professionals, with the holding of the Building Automation Days by KNX LATAM – Chile Edition.

Europe accelerates the transition to natural refrigerants in the rail sector

Europe accelerates the transition to natural refrigerants in the rail sector

International. BITZER presents efficient and sustainable solutions for HVAC systems in trains. European regulation accelerates the transition to natural refrigerants in mobile applications, boosting...

Webinar: Design and Best Practices in Heat Exchangers for HVAC Systems

Webinar: Design and Best Practices in Heat Exchangers for HVAC Systems

International. Heat exchangers are essential components in HVAC systems and represent a key element in the energy performance of buildings.

Giovanni Barletta is re-elected as president of ACAIRE for the ninth consecutive year

Giovanni Barletta is re-elected as president of ACAIRE for the ninth consecutive year

Colombia. With the support of more than 86% of the board of directors, Giovanni Barletta was re-elected as president of the Colombian Association of Air Conditioning and Refrigeration (ACAIRE) for...

Weston opens the first store with waterloop technology in Mexico in Jalisco

Weston opens the first store with waterloop technology in Mexico in Jalisco

Mexico. In an important step towards sustainability in the retail sector, Weston announced the opening of the first store in Mexico equipped with an eco-friendly waterloop refrigeration system.

Taco celebrates 50 years of the 007 circulator, an icon of efficiency in hydronic systems

Taco celebrates 50 years of the 007 circulator, an icon of efficiency in hydronic systems

United States. Taco marks this year the 50th anniversary of its renowned 007 circulator, a key component in residential and commercial hydronic systems in North America.

Atacama Oasis, Latin America's largest solar and energy storage project, advances

Atacama Oasis, Latin America's largest solar and energy storage project, advances

Chile. The first two phases of Oasis de Atacama, the largest solar energy and storage project in Latin America, have already entered operation in the Antofagasta Region of Chile.

Danfoss brings together global leaders to drive sustainable heating and cooling

Danfoss brings together global leaders to drive sustainable heating and cooling

International. Danfoss held Sustainable Heating and Cooling Week at its Nordborg headquarters, an event that brought together experts from around the world to strengthen collaboration between...

Webinar: Heat Exchangers: Design Ideas and Best Practices to Optimize Results

Webinar: Heat Exchangers: Design Ideas and Best Practices to Optimize Results

Topic: Heat Exchangers: Design Ideas and Best Practices to Optimize Results. By: Rafael Behar, Regional Sales Enablement Manager, Latin America - Armstrong Fluid TechnologiesDate: Tuesday, May 6,...

The HVAC/R sector will meet in Panama with ACR Latin America

The HVAC/R sector will meet in Panama with ACR Latin America

Panama. ACR Latin America invites the Panamanian community in the air conditioning and refrigeration sector to an integration night that will take place on April 24 at the Hotel Riu Plaza.

Free Subscription
Remember Me
SUBSCRIBE TO OUR NEWSLETTER
DO YOU NEED A SERVICE OR PRODUCT QUOTE?
LASTEST INTERVIEWS
SITE SPONSORS










LASTEST NEWSLETTER
Ultimo Info-Boletin