Industry Statistics and Rankings
How does this industry perform in Turkey compared to Europe?
Country Benchmarking
Industry Data Turkey
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#10 In EuropeBusiness
#10 In EuropeEmployees
#3 In EuropeWages
#13 In EuropeThe Lifting & Handling Equipment Manufacturing in Turkey ranks 10 in Europe with regards to its 2024 revenue (€3.3bn). Revenue received by operators in Turkey has been moderate in volatility over the past five-year period, with the average annual change in revenue (15.4 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Lifting & Handling Equipment Manufacturing industry in Turkey in 2024?
The market size of the Lifting & Handling Equipment Manufacturing industry in Turkey is €3.3bn in 2024.
How many businesses are there in the Lifting & Handling Equipment Manufacturing in Turkey industry in 2024?
There are 215 businesses in the Lifting & Handling Equipment Manufacturing industry in Turkey, which has declined at a CAGR of 14.2 % between 2019 and 2024.
Has the Lifting & Handling Equipment Manufacturing industry in Turkey grown or declined over the past 5 years?
The market size of the Lifting & Handling Equipment Manufacturing industry in Turkey has been declining at a CAGR of 15.4 % between 2019 and 2024.
What is the forecast growth of the Lifting & Handling Equipment Manufacturing industry in Turkey over the next 5 years?
Over the next five years, the Lifting & Handling Equipment Manufacturing industry in Turkey is expected to grow.
What does the Lifting & Handling Equipment Manufacturing in Turkey include?
Industrial trucks and Crane systems are part of the Lifting & Handling Equipment Manufacturing industry.
How competitive is the Lifting & Handling Equipment Manufacturing industry in Turkey?
The level of competition is moderate and steady in the Lifting & Handling Equipment Manufacturing industry in Turkey.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Other Special-Purpose Machinery Manufacturing in Turkey
Complementors
- Engine & Turbine Manufacturing in Turkey
Table of Contents
About this industry
Industry definition
Companies in the industry manufacture lifting and handling equipment, including hand-operated or power-driven lifting, handling, loading or unloading machinery. The production of conveyors, lifts, escalators, moving walkways and specialised parts for lifting and handling equipment is also part of the industry.
What's included in this industry?
Industrial trucksCrane systemsLifting systemsContinuous conveyorElevators & escalatorsIndustry Code
2816 - Manufacture of lifting and handling equipment in Turkey
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Lifting & Handling Equipment Manufacturing in Turkey
- Employees in the Lifting & Handling Equipment Manufacturing in Turkey
- Business in the Lifting & Handling Equipment Manufacturing in Turkey
- Profit in the Lifting & Handling Equipment Manufacturing in Turkey
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
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.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Lifting & Handling Equipment Manufacturing in Turkey 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.
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 Turkey industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
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 (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
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.
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