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Test Drilling & Boring in the UK - Industry Market Research Report

Publisher IBISWorld
Published Sep 13, 2024
Length 72 Pages
SKU # IBSS19343294

Description

Test Drilling & Boring in the UK - Industry Market Research Report


Test Drilling & Boring in the UK

Revenue is forecast to climb at a compound annual rate of 7.3% over the five years through 2023-24 to £375.6 million. The COVID-19 pandemic significantly impacted the construction industry in the UK, with revenue nosediving by 19.6% in 2020. However, construction activity bounced back over the two years through 2022-23 as lockdown restrictions eased, supporting expanding revenue. Despite weak growth initially, house prices soared over the two years through 2022, according to the ONS, driving developers to push up production.

This industry includes firms engaged in test drilling, boring and core sampling. It excludes water well drilling and drilling activities in the mining, oil and gas industries. Most firms operate as subcontractors for builders, engineers and local councils on building and development projects, or for geophysical surveying and mapping applications.

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

72 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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