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 Investment Chapter
The level of capital intensity is determined by comparing the human and capital equipment factors of production, using wages and depreciation costs as proxies. Comparatively high depreciation costs are indicative of a high level of investment in depreciable assets, such as buildings and equipment, and therefore high capital intensity. Conversely, comparatively high wage costs are indicative of high labour intensity.
The Electric Motor, Generator and Transformer Manufacturing industry has a medium level of capital intensity, with an estimated capital-to-labour ratio of 1:4.07 in 2015-16. This indicates that for every £1.00 spent on capital, an estimated £4.07 will be spent on labour. The.. purchase to read more