The market is dominated by foreign suppliers, as imports account for 82.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 89.8% of total demand in 2020. The UK has the sixth largest market size for machine tools in the region, with demand reaching USD2.8 billion in 2020. Yamazaki Mazak UK Ltd is the largest company in the UK, generating 18.3% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 47.6% of total production value in 2020. The total number of companies decreases in 2020, to 2,721 units. The costs of the industry decrease by 9.8% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 18.5% of production value in 2020, the third highest in the region. The industry’s exports share decreases in 2020 to 72.5% of total production output. With production value of USD1.7 billion, the UK accounts for 2.5% of the Western Europe total in 2020.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This Euromonitor industrial report provides unique information on Machine Tools in the UK: ISIC 2922. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machine Tools in the UK: ISIC 2922 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page