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Baskar Sundaram

Britain is the birthplace of the industrial revolution and remains a leading manufacturing nation today. The companies in the Manufacturing & Industrial sector in UK are involved in large scale production of goods that use raw materials, parts and components to assemble finished goods using manual labour and/ or machines.

Technology and Digital Transformation plays a major role in this sector.

According to the latest report ,71% of the respondents have been focusing on adopting Internet of Things (IoT) and the UK manufacturing activity continued to decline but fell at their slowest pace since March despite a resurgence in coronavirus cases.

The Manufacturing & Industrial sector in the UK is estimated at ~£8.9 Bn in terms of Total Contract Value (TCV), accounting for 7.6% of the total UK FM Market.

The manufacturing and idustrial sector spends circa ~£8.9 Bn of the Manufacturing & Industrial sector in the UK, Integrated FM accounts for the highest proportion of services contracted with TCV of ~£3.3 Bn (36.9%), followed by Soft FM with ~£2.8 Bn (31.1%) and Hard FM with ~£466 Mn (5.3%).

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