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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

The Lifting & Handling Equipment Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 SWOT Analysis Chapter

The industry is in the mature stage of its life cycle. Industry value added, which measures the industry's contribution to the overall UK economy, is expected to grow at a compound annual rate of 2.1% over the decade through 2019-20. Meanwhile, the UK economy is forecast to grow at a compound annual rate of 2.1% over the same period. This indicates that the industry will account for a steady share of the overall economy, signifying that the industry is mature.

Demand for industry products is likely to be supported by a number of long-term trends. These include rising population growth, forecast growth in international trade volumes, the rising dominance of online retailing and urbanisation... 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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