The employment in the Plumbing, Heat, and Air-Conditioning Installation sector in Austria has shown a steady increase from 2013 to 2023, standing at 36.56 thousand FTEs in 2023. From 2013 to 2019, the sector experienced significant growth, with notable increases in 2017 (2.41%) and 2019 (2.62%). Despite a slight decline in 2015 and 2020, the overall trend remained upwards, as evidenced by the positive CAGR of 1.03% over the last five years. The last two years showed a consistent year-on-year growth of 0.89%.
Looking forward, the forecasted employment figures continue to rise, with an expected value of 38.1 thousand FTEs by 2028. The average annual growth rate for the next five years (2024-2028) is projected to be 0.65%, accumulating to a total growth of 3.31% over this period.
Future trends to watch for include technological advancements in installation processes, increased demand for energy-efficient systems, and potential regulatory changes in environmental controls. These aspects could further drive employment growth in this sector.
