Measuring, Testing & Navigational Equipment Manufacturing in the UK - Industry Market Research Report

Investing as defence: A hike in defence spending to combat inflation supports the industry

In the UK, several successful manufacturers are pioneering world-leading technologies. The Measuring, Testing and Navigational Equipment industry's high level of globalisation has provided some revenue opportunities but has left manufacturers vulnerable to exchange rate fluctuations. International trade plays a vital part, with a large proportion of revenue from outside the UK. Companies in this industry manufacture a variety of measuring, testing and navigational equipment, including navigation instruments, nautical equipment and radars. The equipment is sold to manufacturers, technology development companies, independent laboratories, utilities firms and governments. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.