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Measuring, Testing & Navigational Equipment Manufacturing in the UK: Market Research Report

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

Measuring, Testing & Navigational Equipment Manufacturing Market Research Report | SIC C26.510 | Sep 2016

Measured approach: Growth has been supported by innovation and an upturn in industrial activity

IBISWorld’s Measuring, Testing & Navigational Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£9bn
Annual Growth 12-17
2.0%
Annual Growth 17-22
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Profit
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Employment
59,471
Businesses
2,075
Industry Analysis & Industry Trends

Businesses in the Measuring, Testing and Navigational Equipment Manufacturing industry rely heavily on innovation for their survival and success. The industry encompasses a wide variety of products, with some product markets dominated by a few global companies. Industry growth is influenced by conditions in downstream markets, including manufacturing, research and development, defence and national security. In the United Kingdom, there are several successful companies pioneering world-leading technology. However, some domestic production capacity has been downsized or closed in favour of manufacturing in countries where markets are larger or production costs are lower.

The UK industry is expected to grow at a compound annual rate of 2% over the five years through 2016-17... purchase to read more

Industry Report - Industry Analysis Chapter

The industry encompasses a wide range of products and many end-user markets. Industry operators manufacture many types of instruments, including test, measurement, control, search, detection and navigational equipment. These instruments are used in laboratory, industry, air traffic control, national security, defence, utility and household applications. Industry revenue is expected to increase by 0.8% in 2016-17, and IBISWorld estimates that the industry will grow at a compound annual rate of 2% over the five years through 2016-17 to reach £8.8 billion. Growth has been largely driven by the rising value of exports. However, this has been partly offset by declining domestic demand and a rise in import penetration. Ind.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Measuring, Testing & Navigational Equipment Manufacturing Industry?

Companies in this industry manufacture a variety of measuring, testing and navigational equipment, including navigation instruments, nautical equipment and radars. The equipment is sold to manufacturers, technology development companies, independent laboratories, utilities firms and governments.

Industry Products
Laboratory analytical instrumentsAeronautical, detection and navigation equipmentMeasuring and control equipment
 
Industry Activities
Aircraft engine instrumentMeteorological instrumentSurveying instrumentSpectrometerConsumption meterSearch, detection, navigation, aeronautical and nautical equipmentRadar, radar equipment and GPS deviceLaboratory analytical instrumentIndustrial process control equipment


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