Sterner stuff: Low business expenditure and rising defence spending will boost demand

The Fabricated Metal Product Repair and Maintenance industry's performance is determined by activity and expenditure in downstream markets. Repair and maintenance services are considered substitutes in many cases, with expansion in downstream industries usually boosting demand for product maintenance and contractions in downstream industries supporting demand for repair services. Strengthening demand conditions in UK manufacturing industries sustained demand for maintenance services over the past five years, as industrial firms utilised their equipment more frequently, necessitating shorter service intervals. Meanwhile, constrained growth in business capital expenditure has ensured demand for repair services, as firms continue to operate within a tight budget constraint...read more.

Industry Statistics & Market Size
Revenue
£1.1bn
Annual Growth 15-20
1.1%
Forecast Growth 20-25
Profit
Employment
8,433
Businesses
1,002
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Demand for maintenance services this year may be offset by falling demand for repairs
  • Tough conditions prompted manufacturers to outsource secondary functions, supporting demand
  • Demand from manufacturers could be limited should they lose access to the European Single Market
  • Industry Report - Industry SWOT Analysis Chapter

    The Fabricated Metal Repair and Maintenance industry is in the mature stage of its life cycle. Over the 10 years through 2024-25, industry value added, which measures the industry's contribution to GDP, is expected to increase at a compound annual rate of 1.4%. Meanwhile, the economy is expected to grow at a compound annual rate of 1.5% over the same period. This indicates that the industry will grow at a similar rate to the overall economy, indicative of an industry in the mature stage of its life cycle. Services offered by industry participants have a high degree of market acceptance, which is a characteristic of a mature industry. How...purchase to read more.

    Additional Insights for the Fabricated Metal Product Repair & Maintenance Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fabricated Metal Product Repair & Maintenance Industry are

  • Ability to provide goods/services in diverse locations
  • Highly trained workforce
  • Maintenance of excellent customer relations
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Business capital expenditure in the Fabricated Metal Product Repair & Maintenance industry impact industry performance..

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    What's in this report

    What is the Fabricated Metal Product Repair & Maintenance Industry?

    Firms in this industry repair a diverse range of fabricated metal products, including metal tanks, reservoirs, containers, steel shipping drums, steam or vapour generators, nuclear reactors and parts for marine or power boilers. The repair and maintenance of pipes, firearms, ordnance and shopping trolleys are also covered by this industry, as is mobile welding repair.

    Industry Products
  • Industrial boiler repair
  • Mobile welding repair
  • Steam generator and industrial pipe repair
  • Other structural metal product repair
  • Metal tank and container repair
  • Military weapons and weapons systems repair
  • Industry Activities
  • Providing mobile welding services
  • Repairing boilers, generators, accumulators and pipes
  • Repairing firearms and ordnance
  • Repairing shopping trolleys
  • Repairing shipping drums, tanks, containers and reservoirs
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Business capital expenditure
  • Government spending on defence
  • Average maximum temperature
  • Real household disposable income

  • Current Performance
  • Demand trends
  • Support from outsourcing
  • Margins expand
  • Chart: Revenue Growth

  • Industry Outlook
  • Industrial demand conditions
  • Other downstream conditions
  • Profitability improves
  • Table: Fabricated Metal Product Repair & Maintenance Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fabricated Metal Product Repair & Maintenance Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Electricity Production
  • Supermarkets
  • Consumers

  • Key Selling Industries
  • Manufacture of Other Electrical Equipment
  • Tool Manufacturing

  • Products & Services
  • Steam generator and industrial pipe repair
  • Military weapons and weapons systems repair
  • Metal tank and container repair
  • Other structural metal product repair
  • Mobile welding repair
  • Industrial boiler repair
  • Chart: Fabricated Metal Product Repair & Maintenance Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial markets
  • Military
  • Power generators
  • Other
  • Petroleum sector
  • Households
  • Chart: Major Market Segmentation for the Fabricated Metal Product Repair & Maintenance Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Fabricated Metal Product Repair & Maintenance

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fabricated Metal Product Repair & Maintenance Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Fabricated Metal Product Repair & Maintenance Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fabricated Metal Product Repair & Maintenance Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Boiler
  • A device that heats water for various applications.
  • Fabricated Metal
  • A metal structure that has been cut, bent or assembled using some type of tool or machine.
  • Mobile Welding
  • The provision of welding services to households and businesses.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Fabricated Metal Product Repair & Maintenance market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fabricated Metal Product Repair & Maintenance:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fabricated Metal Product Repair & Maintenance market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fabricated Metal Product Repair & Maintenance, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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