Industry Analysis & Industry Trends
The world is an increasingly connected place, people communicate through a whole host of devices and services from smartphones, landline telephones and the internet. People are connected to radio and television, and our alarm systems for fire and burglary are often connected to the authorities. Underpinning this web of connectivity is communication equipment, and its manufacture is an increasingly important aspect of the global manufacturing industry.
Despite increased global demand, the UK Communication Manufacturing industry is on a downward slide as cost pressures have forced many manufacturing operations offshore. Strong import competition and technology convergence are raising competition for local manufacturers that operate in a highly globalised industry... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a medium level of concentration, with three major players dominating the industry. Market share concentration has increased over the past five years. The largest manufacturers tend to have differentiated themselves based on quality of goods produced or service niche markets where price is not the main point of competition. The four largest industry players account for an estimated 61% of industry revenue.
Market share concentration increased steadily over the past five years. Concentration heightened as UK manufacturers faced increased price competition from international producers and companies operating on a lower value-added model of production frequently chose to migrate production to countries where labour costs and other overheads were lower... purchase to read more