In 2023, the UK Lifting and Handling Equipment sector recorded hours worked at an estimated 42.5 million. With forecasted data from 2024 onwards, a gradual year-on-year increase is anticipated, reaching approximately 45.902 million hours by 2028. This suggests a consistent growth rate, with an average Compound Annual Growth Rate (CAGR) of 1.66% over the five-year period. The continuous upward trend indicates robust activity and confidence in this sector.

Future trends to watch for include:

Technological advancements optimizing operation efficiency.
Regulatory changes impacting equipment usage.
Economic factors influencing the construction and industrial sectors, key users of such equipment.