Compressor Manufacturing in the UK - Industry Market Research Report
Description
Compressor Manufacturing in the UK
Import and export activity has a major influence on compressor manufacturing, although trade figures are artificially inflated by re-export activity. The industry has struggled recently due to weak growth in manufacturing output and import competition. Economic uncertainty and the movement of UK operations overseas by some players have also affected the industry and weighed on revenue. However, climbing residential construction and strong export activity have helped keep sales coming in. Compressor manufacturing revenue is forecast to dip at a compound annual rate of 1.2% over the five years through 2023-24 to £700.9 million. This includes an anticipated drop of 2.2% in 2023-24.
Companies in this industry manufacture air and other gas compressors. Products include compressors for refrigeration equipment, air compressors mounted on a wheeled chassis for towing, turbo compressors, reciprocating-displacement compressors, rotary-displacement compressors and multi-shaft compressors. The production of compressor parts is also included in the industry. The manufacture of hydraulic and pneumatic equipment is not covered.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Import and export activity has a major influence on compressor manufacturing, although trade figures are artificially inflated by re-export activity. The industry has struggled recently due to weak growth in manufacturing output and import competition. Economic uncertainty and the movement of UK operations overseas by some players have also affected the industry and weighed on revenue. However, climbing residential construction and strong export activity have helped keep sales coming in. Compressor manufacturing revenue is forecast to dip at a compound annual rate of 1.2% over the five years through 2023-24 to £700.9 million. This includes an anticipated drop of 2.2% in 2023-24.
Companies in this industry manufacture air and other gas compressors. Products include compressors for refrigeration equipment, air compressors mounted on a wheeled chassis for towing, turbo compressors, reciprocating-displacement compressors, rotary-displacement compressors and multi-shaft compressors. The production of compressor parts is also included in the industry. The manufacture of hydraulic and pneumatic equipment is not covered.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
40 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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