Industry Analysis & Industry Trends
Valves play a crucial role in the modern economy. They are used in taps, dishwashers, air conditioners and gas ovens as well as in the oil, gas, manufacturing, construction, energy and water industries. The United Kingdom accounts for a relatively small percentage of the global valve market, but has a significant role in some segments. International trade has a substantial influence on industry performance as exports account for a major share of revenue, while imports satisfy a large share of domestic demand. However, the value of imports and exports are artificially inflated by re-exports.
As domestic demand conditions strengthen during the year, the UK operations of tap and valve manufacturers are expected to generate revenue of £1.6 billion in 2015-16, an increase of 1.2%... purchase to read more
Industry Report - Industry Locations Chapter
Businesses in the industry tend to operate near customer bases, key suppliers and transportation hubs. Historical factors can also influence the location of a valve manufacturing facility. For instance, local government may have awarded grants to help fund the set-up of a factory or the founder may have placed the company in the region where they lived. A number of the manufacturers in this industry have roots going back over 50 years.
Industry establishments are reasonably well distributed across the United Kingdom. However, there are no establishments currently located in Northern Ireland. The regions with the highest levels of concentration are estimated to be the North West (accounting for 15% of all establishments), Yorkshire (12.5%) and the South West (12.5%)... purchase to read more