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Electronic & Optical Equipment Repair in the UK Industry Data and Analysis
Mounting demand from the healthcare sector and the NHS's heightened reliance on outsourcing for repairs and maintenance work has stimulated the need for medical equipment repairs in recent years. However, challenging conditions have limited industrial production activity, specifically in the manufacturing sector. Volatile economic conditions have encouraged businesses to extend their maintenance periods, holding revenue back – it fell over the three years through 2020-21 because of the reduction of non-essential repairs.
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What's included in this industry analysis
IBISWorld's research coverage on the Electronic & Optical Equipment Repair industry in the United Kingdom includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released October 2024.
About this industry
What's this industry report about?
The Electronic & Optical Equipment Repair industry in the United Kingdom operates under the SIC industry code C33.130. Companies in this industry repair and maintain a range of measuring, testing and navigating equipment, such as aircraft engine instruments, surveying equipment, radiation detectors and monitoring instruments. They also deal with irradiation, electromedical and electrotherapeutic equipment such as MRI scanners and pacemakers, as well as optical instruments and equipment like binoculars and microscopes. Related terms covered in the Electronic & Optical Equipment Repair industry in the United Kingdom include mri scanner, endoscopy and meteorological instruments.
What's included in this industry?
Products and services covered in Electronic & Optical Equipment Repair industry in the United Kingdom include Medical equipment repair and maintenance, Navigational and control equipment repair and maintenance and Optical equipment repair and maintenance.
What companies are included in this industry?
Companies covered in the Electronic & Optical Equipment Repair industry in the United Kingdom include Avensys UK Ltd, Frost Optical Services Ltd and Medecon Healthcare UK Ltd.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Electronic & Optical Equipment Repair industry in the United Kingdom.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Electronic & Optical Equipment Repair industry in the United Kingdom.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Electronic & Optical Equipment Repair industry in the United Kingdom.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Electronic & Optical Equipment Repair industry in the United Kingdom. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Electronic & Optical Equipment Repair industry in the United Kingdom. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Electronic & Optical Equipment Repair industry in the United Kingdom. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Electronic & Optical Equipment Repair industry in the United Kingdom. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Electronic & Optical Equipment Repair industry in the United Kingdom.
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Frequently Asked Questions
What is the market size of the Electronic & Optical Equipment Repair industry in the United Kingdom in 2026?
The market size of the Electronic & Optical Equipment Repair industry in the United Kingdom is £725.4m in 2026.
How many businesses are there in the Electronic & Optical Equipment Repair industry in the United Kingdom in 2024?
There are 412 businesses in the Electronic & Optical Equipment Repair industry in the United Kingdom, which has declined at a CAGR of 0.1 % between 2019 and 2024.
How may import tariffs affect the Electronic & Optical Equipment Repair industry in the United Kingdom?
The Electronic & Optical Equipment Repair industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Electronic & Optical Equipment Repair industry in the United Kingdom?
The Electronic & Optical Equipment Repair industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Electronic & Optical Equipment Repair industry in the United Kingdom grown or declined over the past 5 years?
The market size of the Electronic & Optical Equipment Repair industry in the United Kingdom has been declining at a CAGR of 2.7 % between 2019 and 2024.
What is the forecast growth of the Electronic & Optical Equipment Repair industry in the United Kingdom over the next 5 years?
Over the next five years, the Electronic & Optical Equipment Repair industry in the United Kingdom is expected to grow.
What are the biggest companies in the Electronic & Optical Equipment Repair industry in the United Kingdom?
The biggest companies operating in the Electronic & Optical Equipment Repair industry in the United Kingdom are Avensys UK Ltd, Frost Optical Services Ltd and Medecon Healthcare UK Ltd
What does the Electronic & Optical Equipment Repair industry in the United Kingdom include?
Medical equipment repair and maintenance and Navigational and control equipment repair and maintenance are part of the Electronic & Optical Equipment Repair industry in the United Kingdom.
Which companies have the highest market share in the Electronic & Optical Equipment Repair industry in the United Kingdom?
The company holding the most market share in the Electronic & Optical Equipment Repair industry in the United Kingdom is Avensys UK Ltd.
How competitive is the Electronic & Optical Equipment Repair industry in the United Kingdom?
The level of competition is high and increasing in the Electronic & Optical Equipment Repair industry in the United Kingdom.
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