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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 2016

Handling it: Growing business capital expenditure has boosted demand for industry equipment

IBISWorld’s Lifting & Handling Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Nacco Materials Handling Group, Ltd Nacco Materials Handling Group, Ltd market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Lifting and handling equipment is used across a range of industries to help move materials, goods and people. Demand for lifting and handling equipment is affected by the performance of major downstream industries. The industry's major customers are manufacturers, construction companies and freight-handling firms. As well as British firms, the industry relies heavily on export markets, with over 50% of revenue derived from exports.

Industry conditions have improved over the past five years. Revenue bounced back strongly during the base year, as economic conditions began to improve and distributors restocked inventories. Revenue has since grown, as construction and freight handling activity rebounded... purchase to read more

Industry Report - Industry Products Chapter

Forklifts and work trucks

Sales of forklifts and working trucks are estimated to account for 25% of industry revenue in 2016-17. These trucks lift and transport materials and goods, mainly in manufacturing, warehousing and distribution environments. Manoeuvrability, payload, reliability, operating costs, noise and emission levels are some of the factors that drive purchase decisions in the segment. The world's largest manufacturers of forklift trucks are headquartered in Japan (Toyota Industries and Mitsubishi), Germany (KION Group and Jungheinrich) and the United States (Crown Equipment and Hyster-Yale). KION Group and Hyster-Yale have UK subsidiaries that manufacture forklift trucks, but both companies have downsized their UK manufacturing operations. Thi.. 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 carrierWork truckMechanical manipulator and industrial robotConveyorLift, escalator and moving walkwayManufacturing specialised parts for lifting and handling equipment

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