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Lifting & Handling Equipment Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Lifting & Handling Equipment Manufacturing Market Research Report | SIC C28.220 | Dec 2015

Elevating performance: Resurgent construction and manufacturing activity supports growth

IBISWorld’s Lifting & Handling Equipment Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Nacco Materials Handling Group, Ltd Nacco Materials Handling Group, Ltd market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 11-16
7.1%
Annual Growth 16-21
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Profit
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Employment
18,779
Businesses
870
Industry Analysis & Industry Trends

Lifting and handling equipment is used across a range of industries to help move materials, goods and people. Demand for lifting and handling equipment is affected by the performance of major downstream industries. The industry's major customers are manufacturers, construction companies and freight-handling firms. As well as British firms, the industry relies heavily on export markets, with almost 54% of revenue derived from exports.

Industry conditions have improved over the past five years following a recession-induced trough immediately prior to the start of the period. The economic downturn and adverse conditions across key downstream markets constrained demand for lifting and handling equipment, causing three consecutive years of heavy revenue declines through 2010-11... purchase to read more

Industry Report - Industry Investment Chapter

The level of capital intensity is determined by comparing the human and capital equipment factors of production, using wages and depreciation costs as proxies. Comparatively high depreciation costs are indicative of a high level of investment in depreciable assets, such as buildings and equipment, suggesting high capital intensity. Conversely, comparatively high wage costs are indicative of high labour intensity.

The industry exhibits a medium level of capital intensity, with an estimated capital-to-labour ratio of 1:3.31 in 2015-16. This indicates that for every £1.00 spend on capital, an estimated £3.31 is spent on labour... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Lifting & Handling Equipment Manufacturing Industry?

Firms in this industry manufacture lifting and handling equipment. This includes hand-operated or power-driven lifting, handling, loading or unloading machinery. The manufacture of conveyors, lifts, escalators, moving walkways and specialised parts for lifting and handling equipment is also included. The manufacture of continuous-action elevators, floating cranes and mechanical shovels is not covered by this industry.

Industry Products
Forklifts and work trucksCranesElevators and conveyors for moving materials and goodsPulley tackle, hoists, winches and capstansEscalators, lifts and moving paths for moving people
 
Industry Activities
Hand-operated or power-driven lifting, handling, loading or unloading machineryPulley tackle and hoist, winch, capstan and jackDerrick, crane, mobile lifting frame and straddle carrierWork truckMechanical manipulator and industrial robotConveyorLift, escalator and moving walkwayManufacturing specialised parts for lifting and handling equipment


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