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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Starting a New Business Chapter

Barriers to entry in the industry are considered high overall, but vary significantly by segment.

Industry operators in the United Kingdom tend to focus on niche products involving relatively high levels of manufacturing and product technologies and expertise, where products are made to order or where product quality and advice is crucial to end users. Some companies have also developed strong export markets. These companies have usually built a strong reputation and often provide their customers with sound technical advice. Imports are significant due to the dominance of foreign companies in global markets in many market segments. Some segments, like forklift trucks and people-moving lifts and escalators, are dominated by large foreign-owned global companies... 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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