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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 | Jul 2014

Lift off: Economic growth continues to stimulate sales

IBISWorld’s Lifting & Handling Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 10-15
1.3%
Annual Growth 15-20
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Profit
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Employment
18,915
Businesses
889
Industry Analysis & Industry Trends

Lifting and handling equipment is used to help move materials, goods and people across a range of industries. Demand for lifting and handling equipment is affected by businesses' views on their future performance and general level of economic activity. The industry's major customers are manufacturers, construction companies and freight handling firms. As well as British firms, the industry is heavily reliant on export markets, with almost 60% of revenue derived from exports.

The industry faced mixed conditions over the past five years. Early on, the economic downturn and adverse conditions across key downstream markets heavily constrained demand for lifting and handling equipment, causing a plunge in revenue of 22.3% in 2009-10 and 5.7% in 2010-11... purchase to read more

Industry Report - Industry Key Buyers Chapter

The four largest industry participants are expected to account for 18.6% of industry revenue in 2014-15, indicating that the industry has a low level of concentration. The largest player, Nacco Materials Handling Group Ltd, is estimated to have a market share of 10.2%. All remaining players are estimated to have market shares of less than 5%, although some are large global players.

The industry is characterised by a large number of small players specialising in a narrow range of products. This is confirmed by the fact that 77.9% of firms employed fewer than 20 workers in 2013.

However, market share concentration varies across products segments. For instance, the level of market share concentration is very high in the lift trucks and the lifts and escalators segments... 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 carrierWorks truckMechanical manipulator and industrial robotConveyorLift, escalator and moving walkwayManufacturing specialised parts for lifting and handling equipment


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