Mobile Menu

Lifting & Handling Equipment Manufacturing in Ireland - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

IBISWorld IBISWorld London, United Kingdom Last Updated: April 2025 SIC IE-C2816

Revenue

€83.4bn

2025

€87.1bn

Past 5-Year Growth

Profit

€X.Xbn

Employees

402k

Businesses

8,738

Wages

€XX.Xbn

Lifting & Handling Equipment Manufacturing in Ireland industry analysis

Revenue prospects for the Lifting and Handling Equipment Manufacturing industry largely depend on the performance of downstream manufacturing, freight-handling and construction industries and their business expenditure levels. Similarly, large-scale manufacturers with multiple production facilities across Europe rely on a substantial share of export revenue to drive sales, with exports representing around 70% of industry revenue. Growing demand for warehouse and storage propelled revenue growth in the lead-up to the pandemic, while weak business sentiment during hindered revenue growth somewhat.  

Trends and Insights

  • Germany hosts the lion’s share of European manufacturing operations. According to Eurostat, in 2020, Germany led the way in lifting and handling equipment manufacturing in Europe.
  • The US have imposed 25% tariffs on European steel, aluminum and derivative products. These materials are core for lifting and handling equipment, so European manufactured equipment will be more expensive in the US market, reducing demand and potentially cutting EU exports to the US.
  • The largest manufacturers export products globally. Despite having a low market share concentration, a handful of manufacturers dominate industry exports and have secured economies of scale by setting up manufacturing facilities across Europe.
Show more

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Lifting & Handling Equipment Manufacturing industry in Ireland in 2025?

The market size of the Lifting & Handling Equipment Manufacturing industry in Ireland is €83.4bn in 2025.

How many businesses are there in the Lifting & Handling Equipment Manufacturing industry in Ireland in 2025?

There are 8,738 businesses in the Lifting & Handling Equipment Manufacturing industry in Ireland, which has declined at a CAGR of 2.0 % between 2020 and 2025.

Has the Lifting & Handling Equipment Manufacturing industry in Ireland grown or declined over the past 5 years?

The market size of the Lifting & Handling Equipment Manufacturing industry in Ireland has been growing at a CAGR of 0.2 % between 2020 and 2025.

What is the forecast growth of the Lifting & Handling Equipment Manufacturing industry in Ireland over the next 5 years?

Over the next five years, the Lifting & Handling Equipment Manufacturing industry in Ireland is expected to grow.

What does the Lifting & Handling Equipment Manufacturing industry in Ireland include?

Industrial trucks and Crane systems are part of the Lifting & Handling Equipment Manufacturing industry in Ireland.

How competitive is the Lifting & Handling Equipment Manufacturing industry in Ireland?

The level of competition is moderate and steady in the Lifting & Handling Equipment Manufacturing industry in Ireland.

Everything you need in one report

  • Reliable market estimates from 2015-2030
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturers must abide by European standards. These are the EN 81-20 and EN 81-50 standards. The EN 81-20 standard regulates elevators' design and technical characteristics. Elevator testing must comply with the EN 81-50 standard.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Lifting & Handling Equipment Manufacturing in Ireland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Purchases costs skyrocket as demand outstrips supply. Over 2021, the world price of steel skyrocketed more than doubling while aluminium prices soared. Excess demand raised the cost of inputs throughout the supply chain, elevating purchase costs over 2021 and 2022.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Lifting & Handling Equipment Manufacturing in Ireland industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.