Industry Analysis & Industry Trends
The Construction and Civil Engineering Equipment Leasing industry has suffered from the reduction in private and public investment in construction projects brought on by the economic downturn. This has contributed to lower demand for the industry's services over much of the five-year period, and affected industry revenue.
In the immediate aftermath of the financial crisis, industry revenue contracted by a quarter on the preceding boom year, as infrastructure and construction investment withered. These declines have contributed significantly to the expected annualised 7.1% decrease in revenue over the five years through 2012-13. This includes an estimated decline of 5.7% in 2012-13 to £4.66... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry for the Construction and Civil Engineering Equipment Leasing industry are at a high level, although barriers are medium for some smaller, specialist firms. Large firms in this industry require a substantial stock of construction machinery and equipment to offer customers. Therefore, required funding levels to purchase a wide range, and vast volumes, of this equipment are high. New firms to this industry may have difficulty in accessing the funds required to purchase a large and extensive range of construction products. The recession has resulted in more stringent lending procedures, also increasing entry barriers for new firms... purchase to read more