Industry Analysis & Industry Trends
The industry has operated in turbulent conditions over the past five years, and revenue has been somewhat volatile. Demand for electrical apparatus is highly sensitive to levels of construction activity, industrial production volumes and infrastructure spending by electricity providers. Strong import competition, dwindling exports and weak industrial production activity hindered demand for products manufactured by industry operators. Nevertheless, expansions in electricity infrastructure and building construction activity have contributed positively to revenue, which is expected to increase at a compound annual rate of 0.3% over the five years through 2016-17.
During the current year, industry revenue is forecast to grow by 0.6% to £2.8 billion... purchase to read more
Industry Report - Industry Locations Chapter
Businesses in the industry are well spread across the United Kingdom and tend to operate near major customer bases. Industry equipment is used in electrical distribution networks, buildings, factories and in virtually all industries and residences. Proximity to transportation links also influence the location of a manufacturing facility. In addition, historical factors affect the location of establishments. 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.
The South East
The South East region is the most concentrated region with approximately 15.6% industry establishments. The.. purchase to read more