The gross investment in the UK's manufacture of metal-forming machinery and machine tools sector shows a steady year-on-year growth from 2024 to 2028: 2024 at £91.09 million, 2025 at £94.46 million (3.7% increase), 2026 at £97.77 million (3.5%), 2027 at £101.02 million (3.3%), and 2028 at £104.2 million (3.1%). As of 2023, this sector stood at £87.66 million. The compound annual growth rate (CAGR) over this period is 3.4%.
Future trends to watch include:
- Technological advancements influencing machinery upgrades.
- Potential regulatory changes impacting investment levels.
- Emerging markets and their role in driving demand for UK machinery exports.