UK Facility Management Market Competitive Research And Global Outlook 2021 To 2026

The UK Facility Management Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the UK Facility Management market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the UK Facility Management market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the UK Facility Management market.

The UK facility management market (henceforth, referred to as the market studied) was valued at USD 63.97 billion in 2020, and it is expected to reach USD 73 billion by 2026, registering a CAGR of 1.86%, during 2021 - 2026. 

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082592846/uk-facility-management-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of UK Facility Management Market are - CBRE Group, Mitie Group PLC, EMCOR Facilities Services WLL, Interserve Limited, G4S Facilities Management UK Limited, ISS UK, JLL Limited, Serco Group PLC, Kier Group PLC, Amey PLC, Atalian Servest, Sodexo Facilities Management Services, Compass Group, ENGIE FM Limited (Cofely AG), VINCI Facilities Limited, Aramark Facilities Services and others.

Industry News and Updates:

- October 2020 - ENGIE launched a new zero carbon home retrofit model. With UK households accounting for more than a quarter of the entire UK CO2 emissions, and half the market achieving a EPC rating of D or less, radical steps are required if the United Kingdom is to achieve a mass reduction in greenhouse gas emissions by 2050. The new offer utilizes the savings generated from the improvement works together with existing revenue streams and government incentives including Energy Companies Obligation (ECO), Renewable Heat Incentive (RHI) and Grid Balancing Agreements to help finance the upfront costs of the works.

- March 2020 - Amey, as part of its GEOAmey joint venture, won a contract worth GBP 632 million providing Prisoner Escourt and Custody Services (PECS) for The North. The agreement (awarded by The Ministry of Justice (MOJ)), spans a 10-year period commencing August 2020. The contract will see GEOAmey transport approximately 250,000 people across the criminal justice system in Wales, the Midlands and the North of England each year.

Key Market Trends:

Rise in Demand from the Public Sector Witnesses a Significant Growth

- General UK government expenditure on housing and community amenities comprises the following breakdowns: housing development, community development, water supply (provision of water to households and businesses but not sewage systems), street lighting, etc. The public sector contribution to the facility management market in the United Kingdom is higher compared to any other region of Europe. This is predominantly driven by the constrained budgets of the government, leading to the continuous outsourcing of essential facility management services.
- Further, the residential care activities comprise its gross added value weight of approx 51.1% of the public sector and 48.9% of the market sector. Further, bundled services contracts are anticipated to benefit from the public spending cuts, as public sector clients are looking to reduce the suppliers and cut costs.

Highway Construction Accounts to Hold a Significant Share in Government Entities

- UK’s road building and maintenance contractors have emerged to be in robust health in the business, and it comprises under bundled FM. Companies are developing a comprehensive, long-term category strategy to incorporate all facilities management trends. A sequencing exercise is helping companies to prioritize initiatives. Since technologies will continue to evolve, facilities management leaders are establishing a regular strategy review process of all categories to refine and hone their vision.
- In October 2019, Atkins secured GBP 49 million UK highways improvement contract. Atkins, a part of SNC-Lavalin, has been appointed by Highways England as principal designer for highways improvement schemes in the East of England. 

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- UK Facility Management Market Size & Analysis (2016 - 2026)
- Market Share Analysis of UK Facility Management Market (%),2016 - 2026
- UK Facility Management Market Share, By Brand
- UK Facility Management Market Share, By Company
- UK Facility Management Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies UK Facility Management Market Value Analysis & Forecast
- Promising UK Facility Management Development by Major Companies
- Detailed UK Facility Management Portfolio of the Major Companies
- Major Deals in the UK Facility Management Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592846/uk-facility-management-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.