Engineering and manufacturing
We have seen substantial growth in UK supply chain industries especially in areas such as composite materials, low carbon technologies, digital process engineering, additive manufacturing, and robotics and autonomous systems - all of which offer high growth opportunities.
The UK invests heavily in R&D initiatives, encouraging innovation in key Industrial areas such as sustainable manufacturing, clean energy, efficient and integrated transport, health and wellbeing, materials and resource efficiency and food security.
The UK offers support in securing funding for investors: since 2007 it has committed over £1.8 billion to new projects, matched by a similar amount in partner and business funding.
The Made Smarter Review, part of the UK’s industrial strategy, has made recommendations that will help transform the landscape for UK manufacturing by advising and promoting the adoption of Industry 4.0 technologies.
The UK is also a world leader in material technologies and the development of advanced materials such as graphene and other 2D materials. There is a projected global opportunity of £138bn in light-weighting for transport applications by 2021, and the UK is well placed to capitalise on this.
The High Value Manufacturing Catapult has greatly accelerated the development of new manufacturing technologies, with over £200m government investment since 2011.
Take it up a notch
‘Our owners need to take their level of technology and innovation up a notch and we need the best engineers. The UK is seen as a technological and manufacturing leader internationally.’ Dr Tony Bannon OBE, Chief Executive, Precision Technologies Group