Significant growth for building controls market in Q1 2024

The Building Controls Industry Association’s (BCIA) Market Information Service (MIS) report for the first quarter of 2024, estimates the value of the Building Energy Management Systems (BEMS) market at £224.5 million for Q1 2024, marking a 4.2 per cent increase from the previous quarter. This growth defies the downturn indicated by the ONS Construction Output data in the key sectors of the BEMS industry for the same period.
Moreover, the year-to-date value of the BEMS sector stands a