The employment in the Plumbing, Heat, and Air-Conditioning Installation sector in Germany has shown a positive trend of growth over the years, showing resilience and consistent increases. Standing at 361.0 thousand full-time equivalents in 2023, employment in this sector has only seen significant drops in 2015 and 2018. The average growth rate over the past five years (2018-2023) has been 4.53% annually. Year-on-year variations highlight noteworthy periods of robust annual growth, especially in 2014 and 2019.
Future trends to watch for include the adaptation of new sustainable and energy-efficient technologies in the HVAC systems, likely driving a steady increase in sector employment. As the forecast suggests a CAGR of 1.91% over the next five years (2024-2028), the focus may increasingly shift towards green installations and regular maintenance, potentially leading to a further uptrend in the employment figures.
