Trends in the Spanish HVAC Market in the Context of Legislative Developments
2020-02-09
The evolution of the Spanish heating, ventilation, and air conditioning (HVAC) sector during 2019 was influenced by the political situation of the country with a lack of government. Although more moderate than expected, the market registered positive growth in almost all sectors, thanks to factors such as the weather, the search for comfort, the rebound of new construction, the rehabilitation boom, the European Union’s ( EU’s) decarbonization policies, the need to install efficient equipment, and to use renewable energy in buildings with nearly zero energy consumption.