From 2013 to 2023, the plumbing, heat, and air-conditioning installation sector in Austria has shown overall growth with some fluctuations. Production values grew from €5.23 billion in 2013 to €6.65 billion in 2023. Recent years (2021-2023) indicated moderate year-on-year growth rates: 1.94% in 2021, 1.88% in 2022, and 1.82% in 2023. Over the last five years leading up to 2023, the sector experienced an annual average growth rate (CAGR) of 2.45%.
Future trends to watch for: