BSRIA analysed key local drivers and forecasts, competitor analysis, market verticals and distribution. Each product module covered in the report is segmented by size (volume and value). How much has the interest rate rise and the possible soft landing of the economy cut the expectations of growth in the central plant market? Which verticals are set to drive grow the institutional, education or healthcare?
The economic outlook is uncertain with a few indicators pointing to a possible recession. Perceived threats from Covid have receded slightly but the dangers of new variants remain strong. Lack of supply through shortage of components for some brands enabled others to gain share through availability. Delayed projects from 2020 boosted sales of most projects in 2021.
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