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' confidence regarding 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 54% of revenue derived from exports.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.