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 the 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 55% 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 16.7% in 2010-11... purchase to read more
Industry Report - Industry Locations Chapter
The West Midlands, the East Midlands and the 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, and another region which long been a manufacturing hub, being home to major cities Manchester and Liverpool. The North West is also home to the Port of Liverpool.
The South East
The South East is another important region for the industry. The South East has the second-largest regional economy and the largest population in the United Kingdom... purchase to read more