The market is dominated by foreign suppliers, as imports account for 67.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 92.9% of total demand in 2022. The UK has the largest market size for mobile phones, radio transmitters and television cameras regionally, with demand reaching USD38.7 billion in 2022. Vertu Corp Ltd is the largest company in the UK, generating 2.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 7.1% of total production value in 2022. The total number of companies increases in 2022, to 5,599 units. The costs of the industry decrease by 1.5% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 22.9% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 28.6% of total production output. With production value of USD5.7 billion, the UK accounts for 9.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Mobile Phones, Radio Transmitters and Television Cameras in the United Kingdom: ISIC 322. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mobile Phones, Radio Transmitters and Television Cameras in the United Kingdom: ISIC 322 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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