The market is dominated by foreign suppliers, as imports account for 96.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.0% of total demand in 2022. The UK has the fourth largest market size for bearings, gears, and driving elements regionally, with demand reaching USD2.7 billion in 2022. Rubix Ltd Co is the largest company in the UK, generating 19.0% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 56.4% of total production value in 2022. The total number of companies decreases in 2022, to 551 units. The costs of the industry decrease by 4.7% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 7.1% of production value in 2022, the ninth highest regionally. The industry’s exports share increases in 2022 to 92.4% of total production output. With production value of USD1.2 billion, the UK accounts for 2.5% of the Western Europe total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Bearings, Gears, and Driving Elements in the United Kingdom: ISIC 2913. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bearings, Gears, and Driving Elements in the United Kingdom: ISIC 2913 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!