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The UK machinery and equipment market is a major player in the global landscape, valued at US$49.58 billion in 2023. With a CAGR of -0.05% from 2023 to 2028, the market is expected to remain stable.
The UK government is a major purchaser of machinery and equipment, with significant spending across various sectors. This procurement represents a significant opportunity for businesses in the industry.
The government procures a diverse range of machinery and equipment, including:
Construction machinery: excavators, bulldozers, cranes, etc.
Agricultural machinery: tractors, harvesters, irrigation equipment, etc.
Industrial machinery: robots, machine tools, assembly lines, etc.
Office equipment: computers, printers, copiers, etc.
Medical equipment: scanners, diagnostic machines, surgical instruments, etc.
Support services: In addition to equipment, the government also procures related services such as:
Maintenance and repair: ensuring equipment is operational and functioning properly.
Training: providing operators with the skills and knowledge to use equipment safely and effectively.
Disposal: responsible end-of-life management for machinery and equipment.
Several government authorities are responsible for machinery and equipment procurement, including:
Ministry of Defence: procures military equipment and supplies.
Department for Transport: responsible for transportation infrastructure and equipment.
NHS England: procures medical equipment for hospitals and healthcare facilities.
Crown Commercial Service: acts as a central purchasing authority for many government departments.
The UK machinery and equipment procurement landscape is highly competitive, with major players such as:
JCB: leading manufacturer of construction equipment.
Caterpillar: global leader in construction and mining equipment.
Siemens: major player in industrial automation and robotics.
GE Healthcare: provider of medical imaging and diagnostics technology.
Fujitsu: supplier of IT hardware and services.
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