Market development and outlook

The megatrends in the market, such as the increase of technology in buildings, tightening energy efficiency requirements as well as increasing digitalisation and automation continue to promote demand for Caverion’s services and solutions over the coming years. 

Market development in 2014

The overall market situation was stable throughout the year despite the general economic environment and overall uncertainty.

Service and maintenance

The service and maintenance market was stable in all operating countries. The general interest in life cycle solutions continued to increase.

Projects

In Finland, some of Caverion’s clients postponed their projects, but we also secured some relatively large new deals. In Sweden, the project market was stable. Norway also had a good operating environment in the project market. Demand remained favourable in Germany as well.
 

Market outlook for Caverion’s business in 2015

 


Short-term demand prospects in Caverion's operating countries (Euroconstruct estimates)

   Source: Euroconstruct, November 2014