Industry Analysis & Industry Trends
Industry revenue is expected to increase at a compound annual rate of 7% over the five years through 2016-17. Demand for repair services grew, as many firms in downstream industries remained cautious when spending large sums of money on new machinery, choosing instead to repair existing machinery. However, demand for maintenance services varied between downstream industries. For instance, bleak manufacturing activity and significant reductions in mining activity negatively influenced demand for maintenance services from these types of businesses. Nevertheless, improvements in construction activity increased demand for maintenance services from construction firms by shortening service intervals... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments are relatively well spread across all regions in the United Kingdom. Major location determinants are is proximity to major industries and the availability of suitable labour. Historical factors also influence where establishments are located. For instance, the founder may have placed the company in the region where they lived.
The South East
The South East has the highest percentage of industry establishments. It has the second largest regional economy in the United Kingdom after London and hence has a high level of demand for various types of repair and maintenance services. Some operators also set up there if they are catering to firms in London, which are close by due to its close proximity and significantly lower operating costs.
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