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Precision Engineering in the UK - Industry Market Research Report

Publisher IBISWorld
Published Aug 22, 2024
Length 71 Pages
SKU # IBSS19120287

Description

Precision Engineering in the UK - Industry Market Research Report


Precision Engineering in the UK

Precision engineers produce complex parts and components to high tolerances for machinery and equipment used in a broad range of downstream markets spanning the industrial sector, as well as automotive and aerospace industries. Precision engineers are exposed to trends in business investment, with recent economic uncertainty weighing on the propensity of downstream businesses to invest in machinery and equipment that requires precision engineered parts. Cost-cutting measures by downstream companies has helped to boost demand through investment in more cost-efficient equipment and machinery with light-weight components, while repair and maintenance work provides a consistent source of revenue.

Operators in the Precision Engineering industry focus on the production, maintenance and refurbishment of bespoke equipment and machinery to specific instructions. This can include electrical engineering, software engineering, electronics engineering, mechanical engineering, and optical engineering.

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

71 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
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