The volume of hours worked in the plumbing, heat and air conditioning installation industry in Austria stood at 61.033 million in 2023. Looking at historical data, there has been gradual growth with minor fluctuations, moving from 57.402 million hours in 2013 to the current level. In the last two years, the year-on-year variations showed moderate increases, with 0.63% in 2022 and 0.62% in 2023. Over the past five years, the industry has experienced an average CAGR of 0.41%.

Future trends to watch for include:

The forecasted growth rate over the next five years is 2.36%, with an expected CAGR of 0.47%.
The impact of technological advancements in HVAC systems and plumbing on labor hours.
Potential influences from regulatory changes and sustainability initiatives.
Shifts in demand due to evolving construction and renovation market dynamics.