The Plumbing, Heat, and Air-Conditioning Installation sector in Austria is projected to see favorable growth from 2024 to 2028, with turnover increasing from €6.98 billion to €7.48 billion. This represents a compound annual growth rate (CAGR) of approximately 1.7% over this five-year period. The year-on-year growth rates show steady increments: 1.86% from 2024 to 2025, 1.69% from 2025 to 2026, 1.66% from 2026 to 2027, and 1.77% from 2027 to 2028.

For context, the turnover in 2023 stood at €6.85 billion, indicating a 1.9% growth rate going forward into 2024.

Future trends to watch for:

Green technologies and energy-efficient systems may drive additional growth.
Governmental policies promoting renewable energy and sustainability could impact the sector positively.
Potential labor shortages and increasing material costs might affect profit margins and growth rates.