Mining, Quarrying & Construction Machinery Manufacturing in the UK - Industry Market Research Report

Making Moves: Soaring Construction Activity is Set to Boost the Industry in 2022-23

Mining, quarrying and construction equipment manufacturers produce earthmoving equipment, excavators and processing machines. Manufacturers operate in a globalised market because machinery is sent to both domestic and international dealers. Construction activity in Europe influences the industry's performance with over half of UK produced machinery sold to EU countries. Revenue is expected to swell at a compound annual rate of 2.6% to £5.1 billion over the five years through 2022-23. This includes a projected growth of 2.1% in 2022-23. Firms in this industry manufacture machinery that is used in construction, mining and quarrying. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.