The United Kingdom Electrical Equipment Industry Outlook 2022 - 2026

Key Market Indicators

Revenue from British electrical equipment is projected to reach €5.9 billion by 2026, down 0.8% each year on average from €6.1 billion in 2021. Since 2013, the British market has decreased by 0.4% annually. In 2021, the Czech Republic had the highest revenue at €6.1 billion, followed by France, Italy and Spain. British electrical equipment imports are expected to hit $66.4 billion by 2026, up 0.8% year on year from $63.5 billion in 2021. Since 1998, British demand has risen 2% annually. In 2021, the Netherlands had the highest import value at $63.5 billion, followed by the United States, Germany and Singapore. British electrical equipment exports are forecast to reach $24.3 billion by 2026, down 1.5% each year on average from $26.5 billion in 2021. Since 1998, British supply has dropped 0.2% annually. Last year, the United Arab Emirates had the highest export value at $26.5 billion, followed by South Korea, the United States and Germany.

The United Kingdom Electrical Equipment Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Electrical Equipment Manufacturing: Diverse Perspectives on Market Resilience and Evolution

  The electrical equipment manufacturing industry exhibits a remarkable degree of resilience. Factors such as the continuous technological progression of electrical goods, global industrialization trends, and the growth in the demand for energy-efficient appliances, all contribute to the steady expansion of this market. It holds its ground even in the face...

  Discover more insights

• Electric Transmission & Distribution Equipment: Analyzing Market Dynamics and Competitive Landscapes

  Growing demand for this segment stems predominantly from developing economies, where rapid urbanization and industrial expansion are forcing an augmentation in power infrastructure. Additionally, maturing power infrastructure in developed countries necessitates extensive renovation, thus contributing to boosted demand. Also, the Paris Agreement's targets to reduce greenhouse gas emissions are leading...

  Discover more insights

• Motor and Generator Manufacturing: Sweeping Analysis of a Power-Driven Industry

  The global industry for motor and generator manufacturing is driven by several energizing variables. The increasing demand for energy-efficient motors and generators, a result of the heightened emphasis on sustainability and reduction of carbon footprints, has steered the sector into a trajectory of growth. Stricter emission laws and regulations, focusing...

  Discover more insights

• Electricity Distribution and Control Apparatus: Key Developments in a Changing Landscape

  Constant tech innovations are impacting various industries, not the least of them being the Electricity Distribution and Control Apparatus realm. Advanced designs are now leveraging efficiencies in transferring power from sources to end users, reducing power loss and decreasing overall energy consumption. The introduction of smart grids and metering systems,...

  Discover more insights

• Major Appliances: Exploring Global Trends and Innovations in Cooking and Food Preparation

  Our analysis begins with global trends in major appliances, particularly their influential factors. The pull of industry patterns is largely due to economic conditions and consumer preferences changing over time. For instance, as various societies become more affluent, the demand for higher-end, innovative appliances grows. Additionally, environmental concerns and increasing...

  Discover more insights

• 1
• 2
• 3