- Published: October 2011
- Region: Great Britain, United Kingdom
Plant Hire Market Report - UK 2012--2016 Analysis
- Published: January 2012
- Region: United Kingdom
- 98 Pages
- AMA Research
AMA Research are pleased to announce the publication of the eighth edition of the report ‘Plant Hire Market Report – UK 2012-2016 Analysis’. The report provides an informed and up-to-date review of this substantial market and includes a review of recent market trends up to 2011 and forecasts over the next few years.
The report contains:
DETAILED ASSESSMENT OF THE MARKET – analysis of the market structure and details of key players within the market.
FORECASTS OF MARKET DEVELOPMENTS TO 2016.
ANALYSIS BY PRODUCT GROUP - market sizes, product mixes and sector trends:
- Earth moving – excavators, dump trucks, site dumpers, loading shovels.
- Lifting – cranes, powered access, material handling equipment.
- Pumping, crushing and screening plant.
- Road making equipment – rollers, planers, pavers, trenchers
- Compressors, generators, lighting and welding.
- Others/non-mechanical plant – environmental (heating, cooling & drying), portable accommodation and tools & equipment.
- Of particular interest are the following:
- Analysis of market performance 2006-2011.
- Forecast of market performance 2012-2016.
- Review of key market influences including non-domestic construction, housebuilding, prefabricated buildings, waste, transport, water industry, etc.
- Market shares and review of major players.
- Estimated shares of type of hire company (e.g. plant, tool, specialist) for each hire product group.
- Hire product group analysis – market sizes, influences and trends.
Some of the major contractors featured include:
AB 2000, AGD Equipment Ltd, Aggreko, Ainscough Crane Hire, ALE, Alfred McAlpine Plant Services Division, Ambrose Plant Hire, Andrews Sykes Group, Apex Generators, A-Plant, Beck and Pollitzer Engineering, BPH Equipment, Briggs Equipment, Carrier Rental Systems, Clive Barford, Dawson Rentals, Elliott Hire, Finning Group UK, Flannery Plant Hire, Gamble Jarvis Plant, Gap Group, Garic GE Capital Equipment Services, Harsco Infrastructure Services, Hawk Plant, HE Services (Plant Hire), Hewden, Hydrex Equipment (UK), King Lifting, Lavendon Group, Liebherr-Rental, Loxam Access, M.J.Church Plant, Mammoet UK, PKL Group, Pochin’s, Portakabin Hire Division, Quattro Plant Limited, Select Plant, Selwood Ltd, Speedy Hire, The Morris Leslie Group, The Turner Group, The Walters Group, VP, Weldex (International) Offshore, Whiteinch Demolition.
Key areas covered in the report include:
- Plant hire market – market definition in terms of type of outlets and range of products.
- Market size - analysis by value from 2006-2011 and key characteristics of the market.
- Product groups reviewed – earth moving, lifting, pumping/crushing/ screening, road making, compressors/generators/lighting and other/ non-mechanical.
- Market trends and major factors influencing market development, including the impact of recession and the performance in construction, waste & recycling, energy and infrastructure sectors.
- Market forecasts – prospects and influencing factors on the market for 2012 and up to 2016.
PLANT HIRE COMPANIES
- Overview of supply structure – competitive, fragmented sector with most players operating in relatively limited product sectors due to the high number of specialist operators.
- Identification of main suppliers – major suppliers, specialists by product group.
- Review of leading plant hire companies – market shares, turnovers, company structure, key areas of specialization etc.
- Estimated shares of the main product groups within the overall market.
- Product groups – definition, market size and product mix within each sector.
- Product sectors – review of products within the sector including recent trends and factors affecting sector.
- Estimated shares of type of hire company (e.g. plant, tool, specialist) for each hire product group.
- Forecast of expected market development in the short, medium & long term.
- Positive and negative factors affecting the market – performance of UK economy, availability of private and public finance, market competition etc.
- Outlook for the plant hire market through to 2016. SHOW LESS READ MORE >
1.2 SOURCES OF INFORMATION
2. SUMMARY AND FUTURE PROSPECTS
2.2 FUTURE PROSPECTS
3. ECONOMIC ENVIRONMENT
3.2 INFLATION & INTEREST RATES
3.4 HOUSEHOLD CONSUMPTION
3.5 HOUSING & CONSTRUCTION
3.7 POPULATION PROFILE
4. PLANT HIRE MARKET
4.2 MARKET STRUCTURE
4.3 MARKET SIZE
4.3.1 Background and Recent Performance
4.4. KEY MARKET INFLUENCES
4.4.2 UK Construction
4.4.4 Housebuilding Completions – Mix By Houses/Flats
4.4.5 Self Build Market
4.4.6 Prefabricated Buildings
4.4.7 Non-Structural Cladding
4.4.9 Wind Turbines / Nuclear Power
4.4.10 Transport-Road, Railway and Aviation Applications, etc.
4.5 HIRE SECTOR OVERVIEW - PLANT HIRE, TOOL HIRE AND SPECIALISTS
5. PLANT HIRE COMPANIES
5.1 MARKET STRUCTURE
6.1 PRODUCT MIX
6.2 HIRE PRODUCT GROUPS
6.2.1 Earth Moving Equipment
6.2.2 Lifting Plant
6.2.3 Pumping, Crushing and Screening Plant
6.2.4 Road-Making Equipment
6.2.5 Compressors, Generators, Lighting & Welding
6.2.6 Others/Non-Mechanical Plant
List of Tables and Charts:
CHART 1: UK PLANT HIRE MARKET 2006-2016 (£M)
CHART 2: INTEREST RATES AND INFLATION (CPI) FROM 1992-2015
CHART 3: PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2015
TABLE 4: EXCHANGE RATE FLUCTUATIONS 2006-2011 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES
CHART 5: AGE DISTRIBUTION OF THE RESIDENT UK POPULATION MID-2008 (‘000)
CHART 6: PLANT HIRE DISTRIBUTION STRUCTURE
TABLE 7: UK PLANT HIRE MARKET AT HIRE MARKET PRICES 2006-2011
TABLE 8: UK PLANT HIRE MARKET AT HIRE MARKET PRICES 2011-2016
CHART 9: NON-DOMESTIC CONSTRUCTION OUTPUT AND FORECASTS (GREAT BRITAIN) 2005 TO 2015 – BY VALUE (£BN AT CURRENT PRICES)
CHART 10: NEW HOUSING STARTS AND COMPLETIONS (GREAT BRITAIN) 2005 TO 2015 – BY VOLUME (DWELLINGS)
CHART 11 : HOUSEBUILDING COMPLETIONS - % MIX BY HOUSES / FLATS ENGLAND 2001-2011
CHART 12: SELF BUILD AND NEW HOUSEBUILDING COMPLETIONS, UK 2005-2015
CHART 13: UK PREFABRICATED VOLUMETRIC BUILDINGS MARKET 2008-2015 (£M MSP)
CHART 14: UK PREFABRICATED FRAME AND PANEL BUILDING SYSTEMS MARKET 2008-2014 (£M MSP)
CHART 15: UK WALL CLADDING MARKET BY AREA INSTALLED (‘000 SQ M) 2005-2014
TABLE 16: UK CONTROLLED WASTE MANAGEMENT MARKET FORECASTS BY VALUE AT CURRENT PRICES 2010-2014
CHART 17: BREAKDOWN OF SERVICES NEEDED FOR NUCLEAR PLANT CONSTRUCTION – MIX BY PLANT & EQUIPMENT, CIVIL ENG., AND PROJECT MANAGEMENT
TABLE 18: CONTRACTORS OUTPUT - RAIL, ROAD, HARBOURS OTHER, 2006-2010 (£M)
TABLE 19: NET CAPITAL EXPENDITURE – RAILWAYS, 2006-2010 (£M)
TABLE 20: PROPOSED WATER AND SEWERAGE CAPITAL EXPENDITURE PROGRAMMES 2010-2015 BY COMPANY, £BN
TABLE 21: ESTIMATED SHARES BY TYPE OF HIRE COMPANY (PLANT, TOOL, SPECIALISTS) BY HIRE PRODUCT SECTORS 2011
TABLE 22: MARKET SHARES OF THE UK PLANT HIRE OPERATORS 2011
TABLE 23: HIRE COMPANY PRODUCT MIX 2011 £M AT HIRE MARKET VALUE
TABLE 24: HIRE MARKET FOR EARTH MOVING PRODUCTS (EXCAVATORS, LOADING SHOVELS, DUMP TRUCKS, OTHERS) AT HIRE MARKET VALUE 2011
TABLE 25: HIRE MARKET FOR LIFTING PLANT AT HIRE MARKET VALUE 2011
TABLE 26: HIRE MARKET FOR PUMPING, CRUSHING AND SCREENING PLANT AT HIRE MARKET VALUE 2011
TABLE 27: HIRE MARKET FOR ROAD MAKING PRODUCTS (ROLLERS, PLANERS/PAVERS, OTHERS) AT HIRE MARKET VALUE 2011
TABLE 28: HIRE MARKET FOR COMPRESSORS, GENERATORS ETC AT HIRE MARKET VALUE 2011
TABLE 29: HIRE MARKET FOR NON-MECHANICAL PLANT (ENVIRONMENTAL, PORTABLE ACCOMMODATION AND EQUIPMENT) AT HIRE MARKET VALUE 2011
CHART 30: UK MARKET FOR HEATING, DRYING & COOLING 2011 AT HIRE MARKET PRICES
The UK plant hire market is estimated to be worth some £2,220m in 2011, reflecting relatively flat bordering on marginally positive market conditions of around 1-2% growth in 2011 compared to the previous year. Market performance over the last three years has been variable, though difficult to quantify, reflecting variable trends of different hire product groups and the wide range of end use sectors – including, for example, private commercial construction, housebuilding, industrial, and infrastructure. However, in overall terms, the market has declined by around 25% from its peak in 2007.
Anecdotal evidence indicates that while the general construction market remains flat, certain plant hire sectors are performing better than others including excavators, powered access and telehandlers reflecting a wider range of hire opportunities in the housebuilding and events sector. This has contributed to flat or marginally positive market conditions at best in 2011. The market continues to remain relatively fragmented due to the high number of specialist operators with different competitors in different hire product sectors.
Earth moving equipment, estimated to be the largest product sector, accounts for around 37% of hire turnover, while lifting accounts for around 36%, pumping, crushing and screening plant 7%, road making 6%, compressor/generating sets 5%, and others/non-mechanical 9%.
Positive niche sector construction influences include life extension projects for the ageing power generation asset base while nuclear power station decommissioning projects provide hire opportunities in the short, medium and long term. Uncertainty in the plant hire industry caused by the cancellation or deferment of construction projects continues to impact negatively on plant hire companies in the UK. Anecdotal evidence suggests that the regular supply of plant components and equipment has been adversely impacted by the effects of the Japanese earthquake and tsunami. Rising fuel and energy costs are likely to impact on hire companies margins, to some extent. In addition, anecdotal evidence indicates that rising equipment prices are prompting increases in hire rates which will also tend to add some value to the market.
Regional growth opportunities are likely to continue to motivate certain rental sectors, for example, new road construction, coastal defence work, wind turbines, the construction of the new Forth Road Bridge, etc. Levels of future growth in the plant hire sector are likely to be underpinned by major construction projects, including Crossrail, with the associated over-site developments, also the Thames Gateway Project, etc.
Current forecasts indicate that the UK construction equipment rental market is likely to grow very slowly through to 2016, reaching an estimated value of around £2.4 billion. Key factors underpinning low level, long term market growth include health and safety issues, environmental and energy efficiency legislation, also significant utility and infrastructure projects – for example, Crossrail and Amp 5 – also relatively more positive trends in the housebuilding sector. If confirmed, investment of over £100bn in electricity generation by 2025 (National Policy Statement on Energy) will provide significant long term motivation for the UK plant hire industry. Long term infrastructure investment, reported in the 2011 Autumn Budget Statement, includes around 500 projects worth over £250m over the period 2011-2015. Key areas for investment are indicated to be transport, and energy, which is likely to provide significant medium to long term opportunities for plant hire.
- AB 2000
- AGD Equipment Ltd
- Ainscough Crane Hire
- Alfred McAlpine Plant Services Division
- Ambrose Plant Hire
- Andrews Sykes Group
- Apex Generators
- Beck and Pollitzer Engineering
- BPH Equipment
- Briggs Equipment
- Carrier Rental Systems
- Clive Barford
- Dawson Rentals
- Elliott Hire
- Finning Group UK
- Flannery Plant Hire
- Gamble Jarvis Plant
- Gap Group
- Garic GE Capital Equipment Services
- Harsco Infrastructure Services
- Hawk Plant
- HE Services (Plant Hire)
- Hydrex Equipment (UK)
- King Lifting
- Lavendon Group
- Loxam Access
- M.J.Church Plant
- Mammoet UK
- PKL Group
- Portakabin Hire Division
- Quattro Plant Limited
- Select Plant
- Selwood Ltd
- Speedy Hire
- The Morris Leslie Group
- The Turner Group
- The Walters Group
- Weldex (International) Offshore
- Whiteinch Demolition.