Spanish HVAC market valued at €1,832.8m
13th April 2025
SPAIN: The Spanish HVAC market has been valued at €1,832.8m in 2024, a 0.8% increase on 2023.
Latest figures from AFEC, the association of Spanish air conditioning, heat pump and ventilation manufacturers, reveal that, while the total market remained flat, air handling units and heat recovery ventilation units were up 19% at €104.3m.
Meanwhile, heat pumps and air conditioning equipment together showed little change, being down just -0.1% at €1.489m. Heat pump sales were down -5.5% , similar to that of Italy.
Ventilation sales decreased by -1.9% in value in the residential sector, and by -1.1% in the industrial/tertiary sector.
The full report is available on the AFEC website.
