In 2023, the UK had 437 enterprises in the floating structures building and shipbuilding sector. Forecasts from 2024 to 2028 suggest a steady decline by one enterprise per year, decreasing from 436 to 432 enterprises. This signifies a year-on-year percentage change of approximately -0.23% over the forecast period. The last 5-year CAGR reflects a slight contraction in this industry.
Future trends to watch for include:
- Technological advancements affecting operational efficiencies and potentially the number of enterprises.
- Regulatory changes impacting the industry landscape and enterprise sustainability.
- Market shifts driven by global economic conditions and demand for floating structures.