In 2023, the steam and air conditioning supply wages and salaries in Germany stood slightly lower than the 2024 forecast of 692.5 million euros. Over the forecast period from 2024 to 2028, wages and salaries are expected to increase steadily, reaching 699.0 million euros in 2028. This represents a consistent year-on-year growth. Although variations are limited, they indicate gradual sectoral inflation and potential adjustments to labor costs. The compound annual growth rate (CAGR) over the five-year period is minimal, reflecting a stable yet slowly growing market.

Future trends to watch include:

Potential impacts of energy transition policies aiming to improve efficiency and sustainability, which can influence labor demand and compensation.
The effect of technological advancements in HVAC systems on workforce restructuring and skill requirements.
Demographic changes leading to shifts in labor force participation which may impact wage growth.