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Electronic & Optical Equipment Repair in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Electronic & Optical Equipment Repair Market Research Report | SIC C33.130 | Apr 2017

Good optics: The industry's steady growth is expected to slow marginally in the current year

IBISWorld’s Electronic & Optical Equipment Repair market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£757m
Annual Growth 13-18
3.1%
Annual Growth 18-23
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Profit
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Employment
3,861
Businesses
344
Industry Threats & Opportunities
  • The industry has expanded relatively steadily, though growth has slowed in recent years
  • Rising demand from downstream aviation industries has contributed to industry revenue growth
  • A gradual increase in industrial production activity is likely to support steady revenue growth
  • ... purchase to read more

Industry Analysis & Industry Trends

The industry has performed well during the past five years. Industry revenue is estimated to increase at a compound annual rate of 3.1% over the five years through 2017-18. The key markets for operators are health-care providers, aviation and transportation industries, engineering companies and industrial firms. Rising demand for health-care services in the United Kingdom and improvements in aircraft maintenance, repair and overhaul (MRO) activity expanded demand for industry services. However, industrial production activity remained weak and constrained industry expansion. Growth in business capital spending also curtailed growth, as many downstream firms replaced ageing equipment with new equipment that have longer service intervals and need less repair work... purchase to read more

Industry Report - Industry Products Chapter

The industry provides repair and maintenance services for a range of electrical equipment used across the medical, automotive, aviation, engineering, industrial and optical industries. The services offered are therefore highly fragmented and include installing, checking and testing damaged equipment, repairing and servicing equipment and performing preventative maintenance.

Medical equipment repair and maintenance

Repair and maintenance services provided to hospitals and doctors for their medical equipment account for the largest share of industry revenue. This includes services for diagnostic imaging equipment, dental and optical instruments, medical and surgical equipment and laboratory equipment. Ind.. purchase to read more

Additional Insights for the Electronic & Optical Equipment Repair Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electronic & Optical Equipment Repair Industry are

  • Highly trained workforce
  • Maintenance of excellent customer relations
  • Prompt delivery to market
  • IBISWorld analysts also discuss how external factors such as Total health expenditure and Population aged 65 years and over in the Electronic & Optical Equipment Repair industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Electronic & Optical Equipment Repair Industry?

    Firms in this industry repair and maintain a range of measuring, testing and navigating equipment, such as aircraft engine instruments, surveying equipment, radiation detectors and monitoring instruments. They also deal with irradiation, electromedical and electrotherapeutic equipment such as MRI scanners and pacemakers; and optical instruments and equipment like binoculars and microscopes.

    Industry Products
    Medical equipment repair and maintenanceNavigational and control equipment repair and maintenanceOptical equipment repair and maintenance
     
    Industry Activities
    Repairing aircraft engine instruments Repairing automotive emissions testing equipment Repairing meteorological instruments Repairing magnetic resonance imaging scannersRepairing medical ultrasound equipment Repairing hearing aids and pacemakers Repairing binoculars, microscopes and telescopes


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Total health expenditure
  • Population aged 65 years and over
  • Demand from aircraft repair, maintenance and overhaul
  • Industrial production index
  • Current Performance
  • Health-care sector fuels expansion
  • Downstream demand trends
  • Margins unchanged
  • Chart: Revenue Growth
  • Industry Outlook
  • Medical sector fuels expansion
  • Mixed demand conditions
  • Potential uncertainties
  • Table: Electronic & Optical Equipment Repair Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Electronic & Optical Equipment Repair Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Scheduled Passenger Air Transport
  • Hospitals
  • Diagnostic & Ambulance Services
  • Key Selling Industries
  • General Insurance
  • Tool Manufacturing
  • Products & Services
  • Medical equipment repair and maintenance
  • Navigational and control equipment repair and maintenance
  • Optical equipment repair and maintenance
  • Chart: Electronic & Optical Equipment Repair Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Health-care sector
  • Aviation and transportation industries
  • Industrial engineering firms
  • Industrial firms
  • Other
  • Chart: Major Market Segmentation for the Electronic & Optical Equipment Repair Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Electronic & Optical Equipment Repair
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electronic & Optical Equipment Repair Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Electronic & Optical Equipment Repair Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Electronic & Optical Equipment Repair Industry
  • Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Endoscopy
  • A medical procedure that uses an instrument to examine an organ or cavity inside the body.
  • Meteorological Instruments
  • Equipment used to observe the atmosphere and predict the weather.
  • Mri Scanner
  • A machine used to record images of the human body for diagnostic purposes.

  • Why Buy this Report?
    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 Electronic & Optical Equipment Repair:
    • 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 of 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 Electronic & Optical Equipment Repair 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 Electronic & Optical Equipment Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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