49% Micro
35% Small
10% Mid
5% Large
1% Mega
INSIGHTS - MARCH 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
4,655
Annual Sales
£26bn +
Employees
107,963
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
0% New
Oldest Electrical Equipment Companies
Established
Lucy Group Ltd
1897
Fastest Growing Electrical Equipment Companies
33% Declining
26% Healthy
15% High
15% Rapid
10% Low
Fastest Growing Electrical Equipment Companies
3yr CAGR
Yasa Limited
91%
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 4,655 active Businesses in the UK with combined annual sales of £26 billion .
The Industry employs around 107,963 people and contributes £9 billion to the economy.
The most popular location for Electrical Equipment companies is South East England with 856 and the fewest are located in Northern Ireland with 100.
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.
13% of the Electrical Equipment Industry is made up of 13% Startup 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 Audio Holdings Ltd (119%), Swire Renewable Energy Limited (100%) and Yasa Limited (91%).
The UK Electrical Equipment Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.16x, Turnover multiple of 1.44x and a Net Asset multiple of 2.23x.
