
Mining, Construction & Civil Engineering Machinery Wholesaling in the UK - Industry Market Research Report
Description
Mining, Construction & Civil Engineering Machinery Wholesaling in the UK - Industry Market Research Report
Mining, Construction & Civil Engineering Machinery Wholesaling in the UK
Mining, construction and civil engineering machinery sales depend on business sentiment, public infrastructure investment and construction output. The COVID-19 outbreak led to the government introducing strict social distancing measures, effectively halting construction, mining and engineering projects overnight. Over 2020, according to the ONS, construction and manufacturing output fell by 12.5% and 9.9%, while the North Sea Transition Authority reported that oil and gas companies cut expenditure by 23%. Falling investment levels and site closures were the driving forces behind revenue tanking in 2020-21. There has been a somewhat muted recovery in revenue since restrictions were eased, with repair and maintenance work up by 15% between December 2022 and February 2020, although new work was 2.1% lower. Over the five years through 2023-24, machinery sales are forecast to contract at a compound annual rate of 6.7% to £3.5 billion, including a 4.5% fall in revenue in 2023-24.
Firms in this industry distribute a range of machinery used in the construction, mining and oil and gas sectors.
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
70 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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.