49% Micro
36% Small
10% Mid
4% Large
1% Mega
INSIGHTS - FEBRUARY 2025
UK Electrical Equipment Industry
UK Electrical Equipment Industry Information
The electrical equipment industry manufactures products that generate, distribute and use electrical power such as electric motors, generators, transformers, electricity distribution and control apparatus, electrical lighting, signalling equipment and electric household appliances.
Active Businesses
4,699
Annual Sales
£26bn +
Employees
108,185
Economic Contribution
£9bn
Tags
Location of Electrical Equipment Companies
Electrical Equipment Companies by Size
Largest Electrical Equipment Companies
Turnover
Dyson Technology Limited
£5.1bn
Schneider Electric Limited
£852.6m
Volex Plc
£690.9m
Electrical Equipment Companies by Age
41% Mature
25% Established
21% Young
13% Startup
Fastest Growing Electrical Equipment Companies
33% Declining
26% Healthy
16% Rapid
15% High
10% Low
Electrical Equipment Industry Competitive Environment - New Entrants vs Leavers
Electrical Equipment Industry Valuation
EBITDA Multiple
Electrical Equipment Industry Valuation
Turnover Multiple
Electrical Equipment Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of electrical equipment Industry Insights
There are 4,699 active Businesses in the UK with combined annual sales of £26 billion .
The Industry employs around 108,185 people and contributes £9 billion to the economy.
The most popular location for Electrical Equipment companies is South East England with 860 and the fewest are located in Northern Ireland with 102.
The largest Electrical Equipment company is Dyson Technology Limited with a turnover of £5.1bn. 49% of the industry is comprised of Micro companies with only 10% Mid companies.
21% of the Electrical Equipment Industry is made up of 21% Young but the majority are Mature businesses (41%) the oldest company is Lucy Group Ltd founded in 1897.
Electrical Equipment industry has a number of high growth companies (15%), the fastest growing company is Sungrow Power Uk Limited with a 3 year growth rate of 170%. Other fast growing companies include Swire Renewable Energy Limited (100%), Yasa Limited (91%) and Ccl Components Ltd. (85%).
The UK Electrical Equipment Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 11.03x, Turnover multiple of 1.49x and a Net Asset multiple of 2.29x.
