Industry Analysis & Industry Trends
The industry comprises players that manufacture various types of electric motors, generators and transformers. International trade has a significant influence on industry performance, with exports expected to account for 56.4% of revenue and imports forecast to satisfy 61.1% of domestic demand in 2015-16.
The industry has endured difficult conditions over the past five years. Industrial production activity remained stagnant and hindered demand, while the volume of electricity distributed remained below pre-crisis levels and also adversely influenced demand. In addition, import penetration increased, which weighed on the industry... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Electric Motor, Generator and Transformer Manufacturing industry has entered the decline stage of its life cycle. Operators have started to lose domestic and global market share and this trend is expected to continue during the coming five years.
Over the 10 years through 2020-21, industry value added, which measures the industry's contribution to GDP, is expected to decline at a compound annual rate of 1.1%, while the UK economy is forecast to grow at a compound annual rate of 2.1% over the same period. This indicates that the industry will account for a declining share of the overall industry.
The number of firms operating in the industry is forecast to decline during the coming five years due to consolidation activity and players leaving the industry. Thi.. purchase to read more