UK Building Services Growth Opportunities

UK Building Services Growth Opportunities

Building services focus on systems, structure, and operations in buildings that enable comfort and safety. These include renewal, repair, restoration, and upgrade of mechanical and electrical (M&E) services, fire safety and security (FSS), elevators (lifts) and escalators, energy systems, information and communications technology (ICT) networks, roofing services, and building façade (e.g., wall repairs).

This study considers building services to comprise only M&E services, fire safety and security, and roofing services, and it focuses on noncaptive opportunities in the market. The noncaptive segment is an end-user outsourcing opportunity for market participants that excludes end-user in-house building services. It also excludes building services carried out in the residential segment.

M&E services include work on lighting and controls, HVAC, plumbing and sanitation, and building management systems (BMS). FSS includes installing and maintaining fire detection and suppression systems and security systems, such as video surveillance, access control, and alarm. Roofing services include new installation, inspection, repairs, and restoration. The building services market in the UK is highly fragmented, with thousands of participants (mostly with a local presence). The total market size is estimated to be £6,774.6 million in 2022.