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Metalworking Machine Tools Market Report

  • ID: 3759
  • January 2000
  • Region: United Kingdom
  • Key Note Ltd
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The total UK market for metalworking machine tools, parts, accessories, installation and repairs/maintenance was estimated at £725.5m in 1999 - an 18.4% fall from the 1998 value. This decline is due to a downturn in the investment cycle in the engineering sector of the manufacturing industry. The metalworking machine tool sector is subject to significant swings in market value, arising from a combination of the presence and absence of major new plant facilities, contracts (e.g. for motor vehicles or aerospace projects), and the general climate for investment in the manufacturing industries. Between 1995 and 1999, the value of imports exceeded exports in each year, and the value of the overall UK market peaked in 1997.

The term `metalworking machine tools' embraces a wide range of machinery used for cutting, removing or forming metal to produce components which are subsequently assembled into engineering products. Important sectors of the engineering industry include the manufacture of motor vehicles, aerospace products and general industrial equipment. The sectors, together with the subcontractors that supply them, make up the customer base for supplies of metalworking machine READ MORE >

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown

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