Based on the forecast, the number of enterprises in the UK's steam and air conditioning supply sector is projected to grow steadily from 32 in 2024 to 35 in 2028. Compared to 2023, this signals a gradual increase, recovering from a stagnant period in the preceding years. Year-on-year growth rates from 2024 to 2028 remain modest, reflecting a cautious expansion in the sector. Over the five-year period, this results in an average annual growth rate that indicates steady but slow sector development.
Future trends to watch for include technological advancements in energy efficiency and climate-neutral technologies, which could drive further growth and innovation within the sector. Regulatory changes regarding environmental policies may also impact the number of enterprises by pushing industry shifts or consolidation.
