50 insights over 50 days!
Day 16- UK Facilities Management Landscape- Energy and Utilities Sector Market Insight.
In UK, the Department for Business, Energy & Industrial Strategy is responsible for climate change and UK became the first major economy to legislate a net-zero climate ambition by 2050.
The Energy and Utilities sector in the UK is estimated at ~£7.7 Bn in terms of Total Contract Value (TCV), accounting for 6.6% of the total UK FM Market.
The Energy and Utilities sector spends circa ~£7.7 Bn of the Energy and Utilities sector in the UK, Integrated FM accounts for the highest proportion of services contracted with TCV of ~£3.1 Bn (39.5%), followed by Soft FM with ~£2.3 Bn (30.3%) and Hard FM with ~£2.1 Bn (27.1%).
To know the Key trends, Key providers, Key customers and their Competitive landscape, click here- https://lnkd.in/grc2JiQ
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