Mechanical and Electrical Engineering - UK - December 2015
“The M&E sector has suffered for a prolonged period, with the recession reducing demand significantly, and the subsequent flat economy failing to rectify the situation. This led to severe price competition and the low cost price legacy is proving hard to shift even as the new construction sector has returned to buoyancy. For this reason, many facilities management operators have continued maintenance activity while strategically moving away from new construction activity.”
– Terry Leggett, Senior Analyst
This report addresses the following key questions facing M&E contractors:
- Can M&E margins be increased again after the extreme price pressure of the past few years?
- Will the market grow in excess of average UK economic activity?
- Will growth arise from new construction or repair and maintenance?
- Which end use sectors offer the best prospects?
- Will continued public spending restrictions be more than offset by the buoyancy of the private sector?
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