The market for numerical control panels with built-in automatic data-processing machines operating at less than 1 kV in the UK experienced a value increase from 102.83 million euros in 2013 to 186.09 million euros in 2023. The market saw significant growth in the early period, with a high CAGR of 14% from 2015. However, the growth was less stable post-2018, marked by decreases and minor increases, with a negative spike in 2020. Recovery occurred post-2020, leading to a CAGR of 2.64% over the last five years, indicating a steady but modest growth rate.

Future trends to watch for:

Technological advancements in automation and integration of AI could boost demand.
Sustainability trends might influence design and production practices.
Increasing emphasis on smart manufacturing and Industry 4.0 practices.