Forecast: Employment in Steam and Air Conditioning Supply Sector in Germany

The employment in the Steam and Air Conditioning Supply sector in Germany stood at 11.25 thousand FTEs in 2023. Forecasts from 2024 to 2028 show a steady growth in employment, increasing from 11.36 thousand FTEs in 2024 to 11.77 thousand FTEs in 2028. The year-on-year growth percentages between these years are projected to be approximately 0.97%, 0.87%, 0.88%, and 0.86%, respectively. The compound annual growth rate (CAGR) over this five-year period is around 0.92%.

Future trends to watch for include technological advancements in energy efficiency and automation, increasing demand for sustainable and eco-friendly energy solutions, and potential regulatory changes that could impact employment growth positively or negatively in this sector.

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