The annual report for 2022 estimated that the BEMS sector is now worth around £835.8 million to the UK economy. This represents a healthy increase of 8.0% from the 2021 figure.
Construction Output data provides insight into the GB construction market. Focusing on the key sectors for the Controls & BEMS market, the data highlights changes in construction output between the previous quarter and the previous rolling year.
- Construction Output as a whole in Q2 2023 is showing a slight increase of 0.2%.
- Construction Output rolling year trend up at 15.0% (compared to year ending Q2 2022).
- Service & Maintenance has declined since last quarter by 1.6% - although there is increase on the rolling year figure of 14.1%.
The Product analysis examines the Product’s key routes to market; Product used by Manufacturers in their own systems and the sale of product by Manufacturers to System Installers (these are the ‘Primary Installers’), plus Distributors and OEMs. Product supplied directly to Systems Installers is up 4.1% on the rolling year and Distributors & Others are also up 2.8%.
The MIS reports are produced quarterly and provide a robust source of market intelligence and enable BCIA members to remain informed, prepared, and in a position to grow the Building Controls market.
BCIA President Graeme Rees believes the signs are promising overall. He said: “Whilst there will always be market fluctuations throughout a calendar year, the rolling year trajectory is undoubtedly positive. This is a reflection of the growing understanding of the role building controls have in creating a greener and more sustainable built environment that will be crucial in helping the UK on its journey to Net Zero.”
Commenting on the data, Priva UK & Ireland’s General Manager Gavin Holvey says the BCIA’s figures and cautious optimism reflects his perceptions of the market. “I think there are good signs of growth, but what is interesting is that this is mainly focused on the refurbishment of buildings – we have seen a lot of office space become vacant, as well as change of usage from office to flats or a mixed-use. All of this impacts how (and when) landlords are making investments. However, the need for solutions that deliver on energy efficiency have not gone away. Decarbonisation of the built environment is essential for our nation’s Net Zero ambitions.”
