Industry Analysis & Industry Trends
The industry is heavily influenced by trends in industrial production activity, construction activity and the performance of the oil and gas sector, as they are key downstream markets. Imports and exports also have a major influence on performance. However, both imports and exports are inflated by re-exports.
The industry rebounded after declining during the first year of the period. Commercial construction activity fell sharply at the start of the period which negatively affected industry revenue, however it increased again over the following years and stimulated demand for compressors. Although industrial production activity was slow and hindered demand for compressors, demand for parts increased as firms opted to repair compressors instead of replacing them... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry displays a low level of concentration, since the top four players are estimated to have a combined market share of 19.6%. This is partly because the industry manufactures a diverse range of products and each player focuses on a particular niche. In addition, many players have manufacturing bases overseas and import products into the United Kingdom. Some of the world's largest manufacturers, such as Atlas, Copco and Emerson, import compressors and only have sales and repair centres in the United Kingdom. However, although overall market share concentration is low, concentration varies considerably between product segments.
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