UK Schools, Universities and Hospitals Market Report 2023
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Discover the latest trends and statistics in the UK Schools, Universities, and Hospitals construction market with our in-depth market report. Our report provides a comprehensive five-year-outlook for the industry, including market size and market segmentation, alongside an expert analysis of the UK construction market for schools, universities, and hospitals. Read on to discover more about our insights.
In 2022, the UK market for new construction of schools, universities and health facilities rose by an estimated 4.7% to £11.9 billion. However, as the UK construction industry continues to grapple with cost inflation and skills shortages this is likely to curtail growth in the near term.
Current data for 2022 indicates a 19% increase in new healthcare construction output in 2022, taking output to £3.5 billion. Recent growth was driven by public work.
Construction activity in the education sector has been subdued over the last three years. Available data for 2022 shows that output declined marginally to £8.4 billion. However, the government’s 10-year-school-rebuilding programme, announced in 2020, is expected to be a key driver over the coming years.
To discover more in-depth statistics and analysis of the healthcare and education construction markets, purchase our full report.
Future schools, hospitals, and universities construction projects will see a significant focus on sustainability and energy efficiency in order to meet clients’ sustainability targets and support the UK’s progress towards Net Zero by 2050. The increased focus on sustainability will require considerable investment in skills and employment in the construction industry.
Read on to discover more about our Schools, Universities, and Hospitals Market Report, learn more about the wider industry with our UK construction market report, or take a look at our other Industrial Market Research.
Balfour Beatty, Galliford Try, Kier Group, Skanska UK, Wilmott Dixon.
This report, written by Claudia Preedy, a leading analyst in the industrial sector, delivers in-depth commentary and analysis to highlight current trends in the UK construction market and add expert context to the numbers.
Across public build projects there will be a wider adoption of modern methods of construction to reduce on-site disruption, increase efficiencies and speed up the site programme. Future projects will also see a significant focus on decarbonisation and energy efficiency in order to meet clients’ sustainability targets and support the UK’s progress towards Net Zero by 2050. This will require considerable investment in skills and employment in the construction industry to make the move to Net Zero possible.
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