The market is dominated by foreign suppliers, as imports account for 73.3% of total market size in 2024. B2B drives market demand, with B2B spending representing 87.7% of total demand in 2024. The UK has the sixth largest market size for electronic components, valves and tubes regionally, with demand reaching USD10.7 billion in 2024. Shin-Etsu Handotai Europe Ltd is the largest company in the UK, generating 8.1% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 30.1% of total production value in 2024. The total number of companies increases in 2024, to 1,940 units. The costs of the industry increase by 7.8% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 19.9% of production value in 2024, the second highest regionally. The industry’s exports share decreases in 2024 to 49.8% of total production output. With production value of USD5.2 billion, the UK accounts for 4.5% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Electronic Components, Valves and Tubes in the United Kingdom: ISIC 321. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electronic Components, Valves and Tubes in the United Kingdom: ISIC 321 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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Electronic Components, Valves and Tubes in the United Kingdom: ISIC 321
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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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