In 2023, the number of enterprises in the UK's manufacture of metal-forming machinery and machine tools sector was recorded at 736. The forecasted data for the period from 2024 to 2028 shows a consistent year-on-year decline in the number of enterprises. Specifically, there's a decrease of approximately 2.37% from 2024 to 2025, 2.42% from 2025 to 2026, 2.34% from 2026 to 2027, and 2.39% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year forecast is a decrease of approximately 2.31% per year.

Future trends to watch for include:

Adoption of advanced manufacturing technologies that might impact the number of smaller enterprises.
Potential shifts in supply chain dynamics due to geopolitical factors, affecting domestic enterprise numbers.
Industry adaptations to sustainability and green manufacturing standards that could reshape operations and demand.