2014-04-18 10:47:01 - Machinery Repair in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
The industry has endured tough conditions over the past five years, with revenue contracting by double digits during the first year of the period. The performance of this industry is traditionally countercyclical; demand for machinery repairs increases when economic conditions are challenging and uncertain. However, the economic recession had such far-reaching effects on manufacturing, construction and many other industries that companies were forced to delay non-essential repair and maintenance work.
Thus, industry performance has not followed its usual trend. However, when weak conditions persisted, the industry benefited, as firms chose to repair machinery rather than purchase replacements. Non-essential repairs put off immediately after the financial crisis could not be postponed indefinitely. These factors enabled the industry to return to growth in
2010-11 and it has been growing slowly ever since.
Click for report details: www.companiesandmarkets.com/Market/Industrial/Market-Research/Ma ..
Browse all Industrial Market Research Reports www.companiesandmarkets.com/Market/Industrial/Market-Research?aC ..
Browse all Industrial Company Profile Reports www.companiesandmarkets.com/Market/Industrial/Company-Profile?aC ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.