BCIA report reveals BEMS sector valued at £835M in 2022

Data from the Building Controls Industry Association’s (BCIA) latest Market Information Service (MIS) report has estimated that the Building Energy Management System (BEMS) sector is now worth around £835.8M to the UK economy. The new total represents an increase of 8.0% from the 2021 figure, and the BCIA believes the sector will be pivotal to the government’s decarbonisation agenda, with building controls playing a fundamental role in realising a carbon neutral built environment.

BCIA Graeme Rees comments, “The 2022 full year results saw the highest set of figures recorded to date and the opportunities are undoubtedly there for the building controls industry to build from this position of strength.”

The MIS report lets BCIA members see trends, market growth and segmentation in the BEMS industry. The latest growth reflects an upturn in the market as estate owners and facilities managers demand greater energy performance and a reduction in energy costs, and reinforces the BCIA’s collective influence in government policy and the deployment of building controls by building users and developers.

The report also shows that BCIA members accounted for 71.3% of the total market volume, compared to 68.6% in 2021. Manufacturers’ revenues rose by 7.7%, up to £86.9M, whilst system installers’ revenues rose by 10.4%, up to £404.9M. The 2022 figures suggest that system installers have enjoyed increased revenues from installed systems, while manufacturers have continued to increase their third-party product sales, particularly to system installers.

Graeme concludes, “The continuing growth trajectory for the sector is hopefully a sign of growing awareness for the value of building controls in contributing to better management of energy efficiency in buildings. The Prime Minister’s decision to disband the Department for Business, Energy and Industrial Strategy (BEIS) and replace it with three new departments; the Department for Energy Security and Net Zero, the Department for Science, Innovation and Technology, and the Department for Business and Trade, will bring a fresh focus on net zero – and bring with it a clearer strategy for positive environmental change. The BCIA looks forward to working with the government, influencing policy and legislation to help fulfil the decarbonisation agenda.”