The forecasted gross investment in the UK’s manufacture of engines and turbines sector, excluding aircraft, vehicle, and cycle engines, shows a steady annual growth from £157.2 million in 2024 to £162.7 million by 2028. This reflects consistent year-on-year improvements of around 1% to 1.1%. The compound annual growth rate (CAGR) over the next five years suggests a moderate upward trend, maintaining stability and gradual expansion.
Future trends to watch for:
- Adoption of sustainable energy solutions impacting turbine technologies.
- Technological advancements driving efficiency and boosting investment.
- UK’s industrial policies that might influence investment trajectory.