Latest report shows steady sector growth

The Building Controls Industry Association’s (BCIA) Market Information Service (MIS) report for Q2 has been released, with increases in rolling year figures across the market making for encouraging reading for the sector. The MIS report is designed to show BCIA members the latest trends, market growth and segmentation in the building energy management systems (BEMS) industry.

The annual report for 2022 estimated that the BEMS sector is now worth around £835.8m to the UK economy, representing an increase of 8% from the 2021 figure.

Construction output data provides insight into the GB construction market. Focusing on the key sectors for the controls and BEMS market, the data highlights changes in construction output between the previous quarter and the previous rolling year. Output in Q2 2023 remained fairly static compared to last quarter, with a minor increase of 0.2%. The rolling year trend is more positive, up 15% compared to year ending Q2 2022.

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The 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 installers is up 4.1% on the rolling year and distributors and others are also up 2.8%. Although service and maintenance has declined since last quarter by 1.6%, it has also seen an increase on the rolling year figure of 14.1%.

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.”

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