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Fabricated Metal Product Repair & Maintenance in the UK: Market Research Report

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

Fabricated Metal Product Repair & Maintenance Market Research Report | SIC C33.110 | Oct 2016

Maintaining growth: Rising industrial production activity has encouraged growth

IBISWorld’s Fabricated Metal Product Repair & Maintenance 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
£1bn
Annual Growth 12-17
3.9%
Annual Growth 17-22
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Profit
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Employment
8,513
Businesses
821
Industry Analysis & Industry Trends

The industry is characterised by a large number of small players and no identifiable major players. Industrial production activity remained weak during the past five years, which propelled demand for repair services, as firms chose to repair rather than replace their equipment. A fall in defence spending also increased demand for repair services from the military. However, demand for maintenance services from these two markets dwindled, constraining industry revenue, because lacklustre industry production activity and reductions in military operations widened service internals. Demand for repair and maintenance services from electricity producers also fell due to depressed electricity production volumes and the replacement of ageing technology with renewable alternatives... 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 as proxies. Comparatively high depreciation costs indicate high investment in depreciable assets such as buildings and equipment, implying a capital-intensive business model. Conversely, comparatively high wage costs indicate high labour intensity.

The industry displays a low level of capital intensity, with an estimated capital-to-labour ratio of 1:18.07 in 2016-17. This indicates that for every £1 spent on capital, £18.07 will be spent on labour.

The industry is labour intensive because highly skilled personnel are required to carry out different maintenance and repair activities. On .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fabricated Metal Product Repair & Maintenance Industry?

Firms in this industry repair a diverse range of fabricated metal products, including metal tanks, reservoirs, containers, steel shipping drums, steam or vapour generators, nuclear reactors and parts for marine or power boilers. The repair and maintenance of pipes, firearms, ordnance and shopping trolleys are also covered by this industry, as is mobile welding repair.

Industry Products
Industrial boiler repairMobile welding repairSteam generator and industrial pipe repairOther structural metal product repairMetal tank and container repairMilitary weapons and weapons systems repair
 
Industry Activities
Providing mobile welding servicesRepairing boilers, generators, accumulators and pipesRepairing firearms and ordnanceRepairing shopping trolleysRepairing shipping drums, tanks, containers and reservoirs


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