The UK's production in the repair of transport equipment sector (excluding motor vehicles) is forecasted to see a steady growth from £7.77 billion in 2024 to £8.34 billion by 2028. This represents an estimated Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028. The sector witnessed a positive trend with an increase in demand for repair services, supported by aging transportation infrastructure and heightened emphasis on maintenance for sustainability.

Future trends to watch for include:

Growing investment in sustainable and eco-friendly repair technologies.
Advancements in digital tools and predictive maintenance solutions.
A potential rise in demand driven by enhanced transport sectors such as aerospace and railway due to increased travel and trade activities post-pandemic recovery.