Forecast: Turnover of Plumbing, Heat and Air Conditioning Installation in Austria

In 2023, the turnover of Plumbing, Heat, and Air Conditioning Installation in Austria stood at 6.85 billion euros. The overall trend from 2013 to 2023 indicated steady growth, with the year-on-year percentage variation fluctuating from 0.33% in 2013 to 1.9% in 2023. Notable peaks in the data include a 9.18% increase in 2018, tied to favorable market conditions and increased demand in the construction sector. The five-year compound annual growth rate (CAGR) prior to 2023 was 2.07%, showing consistent expansion.

Looking ahead from 2024 to 2028, the installation sector is forecasted to grow, with a five-year CAGR of 1.38% and a total forecasted growth rate of 7.09%. Innovations in energy efficiency, smart home technologies, and increasing regulatory requirements for environmental standards are expected to drive further growth and transformation in the industry.

  • Continued demand for energy-efficient systems
  • Adoption of smart technologies in HVAC systems
  • Stricter environmental regulations influencing market dynamics

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