Panel Builders Market Report - UK 2015-2019 Analysis
|出版日期||內容資訊||英文 71 Pages
|英國的面板製造商市場分析 Panel Builders Market Report - UK 2015-2019 Analysis|
|出版日期: 2015年01月20日||內容資訊: 英文 71 Pages||
AMA Research are pleased to announce the publication of the tenth edition of the Panel Builders Market Report - UK 2015-2019 Analysis. Incorporating original input and primary market research, the report represents an up to date and informed review of the market and is excellent value for money.
The Panel Builders market is complex and fragmented in terms of end-use applications. Trends in the market are influenced by many issues, ranging from the level of electricity consumption and manufacturing output to general construction activity levels. These issues are assessed alongside their implications for the UK panel builders and component markets.
As private sector construction has strengthened, there has been renewed demand for panel builders' products. The industrial sector is performing relatively strongly with the pharmaceutical and advanced manufacturing industries moving forward strongly and power generation continues to offer opportunities, particularly within development of new renewable energy assets and refurbishment of existing non-renewable assets. Also, infrastructure continues to be strong, resulting in investment for panel builders within transport for rail in particular, water, oil and gas markets, supporting market value and growth.
The report is not simply a long list of government and fiscal data, but an intelligent and researched analysis of the panel builders sector in the UK.
ABB, AF Switchgear, Anord Controls Systems, Blackburn Starling, Combined Electrical and Engineering Services, Compere Ling Systems, Craig and Derricott, Crompton Controls, Danfoss, Don Controls, Eaton Electric, General Panel Systems, Hima-Sella, ICW Power, Lloyd Morris Electrical, Main Systems, Mardix, Max Wright, Mitsubishi Electric Europe, Power Panels Electrical Systems, Quantum Controls, Rockwell Automation, Saftronics, Schneider Electric UK, Southern and Redfern Group, Switchgear and Instrumentation, TE Connectivity, Technical Control Systems.
The UK panel builders' market was estimated to be worth £540 million at manufacturers' selling prices in 2014. The panel builders' market declined by more than 15% between 2008 and 2010, reflecting the poor performance of a number of product and end user groups during the recession. However, some sectors were sustained by exports and construction output in the public sector in particular remained strong during this period and was boosted again in 2011 by spending, ahead of budget cuts.
Current indications are that the UK panel builders' market turned the corner in 2014 as private sector construction improved. The market is expected to maintain moderate growth levels, reaching an estimated value of £620 million by 2018.
Factors supporting the market include growth in specialist markets, such as hazardous environments, as a result of tightening regulations, evolvement of environmental legislation and investment in development of oil, gas and renewable energy sectors. Also the growth of R&D in the advanced manufacturing sector and the growth of electronics manufacturing / datacentre investment in the UK, also capital investment in composites and specialist performance metals in the UK driven by the aerospace sector in particular. Factors negatively affecting market growth include public sector spending cuts, rationalisation of manufacturing capacity and increasing competition for projects driving down prices.
Key end use markets include industrial and manufacturing, water and sewage, power generation, oil, gas and marine, construction and transport. Power distribution panels represent the largest product sector at over half of the market value, followed by motor and process controls and building control systems. Safety, security and other panels make up the remainder of the market. Panel builders primarily source components direct from manufacturers, either externally or internally from a subsidiary within the same group.
Product development is primarily concerned with quick installation, reduced maintenance, environmental factors and health and safety, motivating demand for more sophisticated products which can withstand hazardous environments.
Refurbishment and development of the power generation asset base will provide opportunities for panel builders as well as focusing on renewable energy generation. Investment in oil and gas is likely to continue to stimulate investment in capital projects with positive implications for the UK panel building industry in the longer term, although this sector is entering a slower period in terms of capital expenditure. Rising long term electricity consumption is also likely to benefit the sector.
Growth in the pharmaceutical / chemical and advanced manufacturing sectors will continue to benefit the panel builders' market, as a result of increased construction and further development of factories and research and development sites in these sectors. Further development of the IT and datacentre sector is also likely to provide some support to the panel builders' market. Health and safety, environmental and energy efficiency legislation is likely to continue to influence long term demand and the continued focus on environmental concerns and the need to reduce operating costs will benefit the automation sector including panels and components.
Capital spending cuts in the public sector, though partially offset by a more buoyant infrastructure and utilities sectors and recovery in private commercial markets, will continue to limit market growth in the short term, particularly if the Conservatives gain control in 2015, with additional cuts proposed. However, the rail sector offers a good opportunity for panel builders. The Government's strategy for investment is based on a rolling programme of electrification, making continued use of 'cascaded' modern electric rolling stock then to link these developments in with the HS2 corridor. These developments and many more smaller-scale activities within the CP5 will offer a number of opportunities to the panel builders over the Control Period 5, through to 2019.
There has been some increase in outsourcing of part of the panel building manufacture, usually overseas, in order to reduce costs and streamline internal operations. This trend is expected to continue over the next few years as panel builders seek further ways of improving their build efficiencies. Product development has resulted in panels becoming smaller and more streamlined with quicker fit solutions and more standardised components. This should see panels becoming more standard and modular. In turn modular elements have become more common amongst panels, developed in order to streamline production and control panel building costs.