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Machinery & Equipment Manufacturing n.e.c. in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

UK-C28 August 2024 Factsheet

Revenue

£71.1bn

2019-2024 6.4 %
2024-2029 X.X %

Employees

233k

2019-2024 6.6 %
2024-2029 X.X %

Businesses

9,443

2019-2024 4.5 %
2024-2029 X.X %

Wages

£X.Xbn

2019-2024 X.X %
2024-2029 X.X %

Machinery & Equipment Manufacturing n.e.c. in the UK market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in United Kingdom compared to Europe?

Country Benchmarking

Industry Data United Kingdom

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#3 In Europe
Business
#4 In Europe
Employees
#5 In Europe
Wages
#3 In Europe

The Machinery & Equipment Manufacturing n.e.c. in the UK ranks 3rd in Europe with regards to its 2024 revenue (£71.1bn). Revenue received by operators in United Kingdom has been low in volatility over the past five-year period, with the average annual change in revenue (6.4 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom in 2024?

The market size of the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom is £71.1bn in 2024.

How many businesses are there in the Machinery & Equipment Manufacturing n.e.c. in the UK industry in 2024?

There are 9,443 businesses in the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom, which has grown at a CAGR of 4.5 % between 2019 and 2024.

Has the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom grown or declined over the past 5 years?

The market size of the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom has been growing at a CAGR of 6.4 % between 2019 and 2024.

What is the forecast growth of the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom over the next 5 years?

Over the next five years, the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom is expected to grow.

What does the Machinery & Equipment Manufacturing n.e.c. in the UK in United Kingdom include?

Engines, and Turbines are part of the Machinery & Equipment Manufacturing n.e.c. in the UK industry.

How competitive is the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom?

The level of competition is moderate and decreasing in the Machinery & Equipment Manufacturing n.e.c. in the UK industry in United Kingdom.

Related Industries

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Table of Contents

About this industry

Industry definition

Companies in the industry manufacture machinery and equipment that act independently on materials either mechanically or thermally or perform operations on materials (such as handling, spraying, weighing or packing), including their mechanical components that produce and apply force, and any specially manufactured primary parts.

What's included in this industry?

Engines, TurbinesFluid power equipmentPumps and Compressors

Industry Code

ISIC 2006

28 - Manufacture of machinery and equipment n.e.c. in United Kingdom

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Machinery & Equipment Manufacturing n.e.c. in the UK
  • Employees in the Machinery & Equipment Manufacturing n.e.c. in the UK
  • Business in the Machinery & Equipment Manufacturing n.e.c. in the UK
  • Profit in the Machinery & Equipment Manufacturing n.e.c. in the UK

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Machinery & Equipment Manufacturing n.e.c. in the UK industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Machinery & Equipment Manufacturing n.e.c. in the UK industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.