The turnover in the manufacture of lifting and handling equipment sector in Norway has been showing a steady growth trend. Starting from an actual value in 2023, forecasted data indicate that the turnover will be 11.53 billion Norwegian Krones in 2024. This is expected to increase to 11.94 billion in 2025, 12.35 billion in 2026, 12.75 billion in 2027, and 13.15 billion in 2028. The year-on-year growth rates indicate an upward trajectory, with each year showing a consistent increase.

Future trends to watch for include:

Continued technological advancements, which may boost productivity and turnover.
Potential market expansions or contractions due to regulatory changes or economic conditions.
Increased focus on sustainability, influencing demand for eco-friendly lifting and handling equipment.
Global supply chain dynamics, which could impact the sector's growth either positively or negatively.