Industry Analysis & Industry Trends
Companies purchase lifting and handling equipment to help move materials, goods and people efficiently and safely. Very large foreign companies dominate the global markets for some industry products, including forklift trucks and people-moving equipment like elevators and lifts. In recent years, some significant foreign-owned forklift truck manufacturers (Nacco and Linde) have shifted production capacity out of the United Kingdom to other jurisdictions, and this adversely affected industry activity (and domestic and export sales).
The Lifting & Handling Equipment Manufacturing industry is expected to generate revenue of £2.86 billion in 2011-12, up 2.3% from 2010-11. The domestic market for industry products is estimated to total £2.93 billion in 2011-12, up 1.8%.. purchase to read more
Industry Report - Industry Locations Chapter
Businesses in the industry are well spread across the United Kingdom and tend to operate near major customer bases and transport and distribution facilities. Historical factors can also influence the location of a manufacturing facility. For instance, local government may have awarded grants to help fund the set up of a factory or the founder may have placed the company in the region where they lived.
West Midlands and the South East account for an estimated 15.7% and 12.7%, respectively, of all enterprises in this industry in the United Kingdom. West Midlands is home to many different industries, with major industries including car, aircraft and ceramics manufacturing... purchase to read more