Communication Equipment Manufacturing in the UK - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Communication Equipment Manufacturing in the UK industry analysis

The communication equipment industry is experiencing high demand for smartphones, burglar alarms and fire and smoke detectors. Modern smartphones are equipped with numerous functions that make life easier for consumers, while sales of traditional home phones have declined. As technology advances and regulations tighten, interest in security devices such as burglar and fire alarms is growing. Despite these advances, the industry is facing saturation and significant competition, particularly from abroad. As a result, many European manufacturers have relocated their production to Asian countries such as China and Vietnam to take advantage of lower labour costs and access to unsaturated markets. Over the five years through 2024, industry revenue is expected to sink at a compound annual rate of 5.2% to €65.9 billion.

Trends and Insights

• Technological and regulatory changes shape the industry. Demand for smartphones is increasing, while demand for wired home phones is declining. Stricter regulations and technological changes are leading to an increase in demand for burglar alarms and fire alarms.
• A drop in export volumes due to tariffs. With the US imposing a 10% universal tariff on EU goods, including communication equipment, European products will become more expensive and less attractive in the US market, likely leading to a fall in export volumes.
• Most manufacturers have low market shares. In Europe, there are hardly any manufacturers that dominate the market, resulting in a low level of market concentration. Most manufacturers concentrate on niche segments and have low market shares.