The market is dominated by foreign suppliers, as imports account for 74.0% of total market size in 2021. B2B drives market demand, with B2B spending representing 100% of total demand in 2021. The UK has the sixth largest market size for industrial process control equipment regionally, with demand reaching USD2.0 billion in 2021. Spectris Plc is the largest company in the UK, generating 7.6% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 17.8% of total production value in 2021. The costs of the industry increase by 15.9% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 9.3% of production value in 2021, the fifth highest regionally. The industry’s exports share decreases in 2021 to 79.9% of total production output. With production value of USD2.1 billion, the UK accounts for 9.0% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in the United Kingdom: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in the United Kingdom: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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