The market is dominated by foreign suppliers, as imports account for 78.5% of total market size in 2020. B2B drives market demand, with B2B spending representing 94.3% of total demand in 2020. The UK has the third largest market size for electrical equipment for engines and vehicles in the region, with demand reaching USD9.9 billion in 2020. Delphi Automotive Plc is the largest company in the UK, generating 20.0% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 48.6% of total production value in 2020. The total number of companies decreases in 2020, to 3,816 units. The costs of the industry decrease by 1.8% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 22.8% of production value in 2020, the fourth highest in the region. The industry’s exports share decreases in 2020 to 60.8% of total production output. With production value of USD4.1 billion, the UK accounts for 6.3% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Electrical Equipment for Engines and Vehicles in the UK: ISIC 319. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electrical Equipment for Engines and Vehicles in the UK: ISIC 319 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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