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 Locations Chapter
The West Midlands, East Midlands and North West
The East and West Midlands have a high concentration of industry establishments. Both regions have long been associated with manufacturing due to their geographical proximity to major population centres, access to road and rail links, and relatively cheap land and labour. The North West is another key region for the industry, being home to major cities Manchester and Liverpool.
Northern Ireland has a relatively high concentration of industry establishments. Northern Ireland benefits from having cheap land and labour and good proximity to ports. The industry's largest player, Nacco Materials Handling, manufactures Hyster and Yale forklifts in Craigavon, County Armagh... purchase to read more