The market is dominated by domestic suppliers, as imports account for 4.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.4% of total demand in 2022. The UK has the second largest market size for railway and tramway locomotives and rolling stock regionally, with demand reaching USD5.4 billion in 2022. Bombardier Transportation UK Ltd is the largest company in the UK, generating 15.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 32.6% of total production value in 2022. The total number of companies increases in 2022, to 3,399 units. The costs of the industry decrease by 1.9% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 20.5% of production value in 2022, the second highest regionally. The industry’s exports share increases in 2022 to 7.0% of total production output. With production value of USD5.6 billion, the UK accounts for 14.9% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Railway and Tramway Locomotives and Rolling Stock in the United Kingdom: ISIC 352. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Railway and Tramway Locomotives and Rolling Stock in the United Kingdom: ISIC 352 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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