Engines & Turbines Manufacturing in UK Reviewed in New IBISWorld Report Published at MarketPublishers.com
04 Apr 2012 • by Natalie Aster
LONDON – Over the last five years, manufacturers of engines and turbines in the United Kingdom have experienced mixed fortunes. In the current year, the industry is projected to grow 4.2%. Overall, the industry grew 2.7% per annum to reach a forecast EUR 10.2 billion (around USD 13.6 billion) in 2012-2013. However, this growth was not smooth. As the UK entered into recession, demand for industry services dropped as businesses postponed capital investment where possible. Lower business capital expenditure hit demand for diesel and semi-diesel engines from manufacturers and light industry. The difficulty of raising finance slowed investment and construction in the energy market, which buys the industry's gas turbines and parts.
New research report “Manufacture of Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in the UK” provided by IBISWorld has been recently published by Market Publishers Ltd.
Manufacture of Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in the UK
Published: March, 2012
Price: US$ 870,00
The report is aimed to provide an in-depth understanding of the scope, size, disposition and growth potential of the UK engines & turbines manufacturing industry including the key sensitivities and success factors. Furthermore, the study also features elaborate five-year forecasts to anticipate future industry prospects as well as offers a comprehensive review of the leading companies along with their market shares.
Top companied mentioned in the report include: Caterpillar UK Ltd and Cummins Ltd.
More new research reports by the publisher can be found at IBISWorld page.