In 2023, the industrial cooling and ventilation equipment sector in the UK recorded a Gross Value Added (GVA) per employee Full-Time Equivalent (FTE) of approximately 92.8 thousand euros. The forecasted data indicates a gradual year-on-year growth: 2024 shows a rise of 2%, 2025 continues with 2.05%, 2026 at 1.9%, and by 2027 and 2028, there is further growth of 1.89% and 1.81% respectively. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 1.9%.
- For 2024: GVA per employee is projected at 94.6 thousand euros.
- In 2025: This value increases to 96.54 thousand euros.
- By 2026: It further rises to 98.44 thousand euros.
- 2027 follows with an increase to 100.3 thousand euros.
- Projected to reach 102.12 thousand euros by 2028.
Future trends to watch include technological advancements improving equipment efficiency, regulatory influences driving sustainability, and economic factors affecting industrial demand. Additionally, shifts toward smart and connected systems in industrial settings may influence the GVA growth trajectory. Monitoring these trends will be crucial for strategic planning and investment within the sector.
