In 2023, France led in the European Steam and Air Conditioning Supply sector with wages and salaries amounting to 1.2 billion euros, followed by Germany with 0.6899 billion euros. Notably, countries like Romania and Denmark saw significant growth at 4.96% and 10.85% respectively, though negative trends were observed in Poland and Austria. Portugal experienced a remarkable increase of 31.77%, while Belgium remained stagnant. The United Kingdom showed a moderate increase of 5.02% despite holding a lower absolute value.
Future trends to watch in this sector include technological advancements potentially leading to efficiency gains, increased automation, and shifts towards sustainable energy solutions which may impact job dynamics and wage distribution across countries. Enhanced international collaborations and policies aimed at energy transition could also play pivotal roles in shaping the industry landscape.
Top countries in Steam and Air Conditioning Supply Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,200 | 2023 | +1.48% | +2.75% | View data |
| 2 | 2 Germany | 689.9 | 2023 | +0.44% | +2.5% | View data |
| 3 | 3 Poland | 465.4 | 2023 | -0.24% | -0.017% | View data |
| 4 | 4 Sweden | 398.8 | 2023 | +0.45% | +1.35% | View data |
| 5 | 5 Czech Republic | 198.5 | 2023 | +0.71% | +0.91% | View data |
| 6 | 6 Romania | 153.9 | 2023 | +2.87% | +4.96% | View data |
| 7 | 7 Italy | 144.7 | 2023 | +5.08% | +2.72% | View data |
| 8 | 8 Lithuania | 103.6 | 2023 | +7.14% | +9.64% | View data |
| 9 | 9 Finland | 89.4 | 2023 | +1.13% | +2.82% | View data |
| 10 | 10 Hungary | 82 | 2023 | -0.24% | +1.64% | View data |