Assemblin Caverion Group operates across the Nordic region, Germany, Austria, and the Baltics, holding a strong market position within technical services and installations. Despite the challenging geopolitical and macroeconomic environment, the Group’s diversified business and strategic positioning enable it to maintain robust performance. Supported by favourable megatrends, Assemblin Caverion Group is well-equipped to navigate in the evolving market landscape and capitalise on growth opportunities.
Market environment
Assemblin Caverion Group has a strong market position in its operating countries, ranking first in Finland, Sweden, and Norway, and is within the top five players in Denmark, Austria, and Germany.
The technical services and installation markets in these countries are highly fragmented and characterised by a mix of some larger players and a significant number of smaller players. Most ompanies in the market are local and privately owned, often niched towards a particular area of technology. At the regional and national levels, there are only a few companies with broad multitechnical capacity.
The technical services and installation market is segmented into new-build installations as well as the renovation, maintenance, services and installations in existing buildings. The Group’s high service share and limited exposure to new builds improves resilience and, along with a decentralised operating model and diversified business, allows for better planning and adjusting to changes in specific markets.
The Group’s customer portfolio includes clients across various sectors. Growth areas include companies within manufacturing industries, infrastructure, data centres, public sector, and retail. The service agreements are often long-term and typically with industrial/energy companies, public institutions, property developers and owners, either as multi-technical partnership and lifecycle agreements, or discipline-specific service agreements. In the Projects business, the largest customer groups include construction and infrastructure companies, property developers and property owners, industrial and energy companies as well as public institutions. A diversified mix of business increases the Group’s resilience to potential market downturns.
Growth drivers and global megatrends
Integration of Technology
The digitalisation of property is paving the way for smarter buildings and infrastructure, reducing costs while enhancing sustainability and performance.
Climate & Sustainability
Stricter environmental regulations and an increasing emphasis on a sustainable economy are accelerating the adoption of energy-efficient solutions.
Urbanisation and Infrastructure
This highlights the importance of developing resilient infrastructure that supports urban growth while addressing environmental challenges.
Socioeconomic Factors
Awareness of health, safety, and economic uncertainty further shapes consumer priorities, requiring businesses to adapt to evolving expectations.
Geopolitical & Security Instability
Rising geopolitical tensions and growing cybersecurity are driving demand for integrated security solutions that safeguard both physical assets and digital infrastructure within facilities and industries.