The market is dominated by foreign suppliers, as imports account for 64.9% of total market size in 2024. B2B drives market demand, with B2B spending representing 83.5% of total demand in 2024. The UK has the fourth largest market size for electric motors, generators and transformers regionally, with demand reaching USD9.2 billion in 2024. Cummins Generator Technologies Ltd is the largest company in the UK, generating 14.2% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 42.8% of total production value in 2024. The total number of companies increases in 2024, to 2,677 units. The costs of the industry increase by 11.5% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 8.4% of production value in 2024, the third highest regionally. The industry’s exports share decreases in 2024 to 59.1% of total production output. With production value of USD7.3 billion, the UK accounts for 9.2% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Electric Motors, Generators and Transformers in the United Kingdom: ISIC 311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Motors, Generators and Transformers in the United Kingdom: ISIC 311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in United Kingdom report includes:
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- Historic data on industry’s turnover, market size, imports and exports
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Electric Motors, Generators and Transformers in the United Kingdom: ISIC 311
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MARKET OVERVIEW
Hi-tech Goods
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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