Daikin Aims for Continued Growth in Italy, Its Largest European Market

NEWS

Daikin, led by new CEO Hiroshi Shimada, reported €639 million in sales for 2024 in Italy, targeting €700 million for 2025. Italy accounts for 13% of Daikin's EMEA revenue and is a key market for HVAC systems.

The company has invested significantly in Italy, with plans to expand R&D and production capabilities. Daikin also focuses on heat pumps and aims to increase sales amid government support for renewable heating solutions, while expressing concerns over high product costs and energy prices.

Daikin Aims for Continued Growth in Italy, Its Largest European Market

Feb 5, 2026, 6:08 AM

Article

Daikin Aims for Continued Growth in Italy, Its Largest European Market

Related Articles

L Squared Acquires Functional Devices to Expand Building Automation Portfolio

LS Cable & System Wins €35 Million Submarine Cable Contract for Langkawi Island, Malaysia

SELCO Community Credit Union Enhances Fraud Prevention with Jack Henry's Financial Crimes Defender

Concerns Over Cybersecurity Risks from Co-locating AI Data Centers with Nuclear Power Plants

Categories to follow

Related Articles

L Squared Acquires Functional Devices to Expand Building Automation Portfolio
Industrial IoT2h

LS Cable & System Wins €35 Million Submarine Cable Contract for Langkawi Island, Malaysia
Power Grids & Transmission2h

SELCO Community Credit Union Enhances Fraud Prevention with Jack Henry's Financial Crimes Defender
Defense2h

Concerns Over Cybersecurity Risks from Co-locating AI Data Centers with Nuclear Power Plants
Data and AI Infrastructure2h